If you’ve got the time and the energy and the stomach to handle birthing and raising live goats, it is very profitable… for the person who got a large low-interest loan to set up the farm. Significantly less so for the people doing the actual agricultural labor.
Comment on Anon becomes a shrimp farmer
Delphia@lemmy.world 1 day ago
I know a guy who bought a plot of almost worthless land an hour out of town fenced jt and bought a bunch of goats. We all thought he was insane.
10 years later he is retired at 40 because it turns out that certain communities will pay very good money for organic free range goat.
UnderpantsWeevil@lemmy.world 1 day ago
superkret@feddit.org 1 day ago
There’s multiple avenues how you can increase your wealth, if you have investment capital, and nothing goes wrong.
SkyezOpen@lemmy.world 1 day ago
Two very big ifs, sadly.
superkret@feddit.org 1 day ago
Yeah, I also know a goat farmer in my neighborhood.
In the same 10 years, she faced an expensive lawsuit from someone who wanted her land, an epidemic that destroyed her herd, animals dying from people feeding them the wrong plants through the fence, Covid forcing her to close the farm to visitors, and other hardships.
She’s barely out of the woods now, but definitely much worse off than if she had invested the money into stocks.
sugar_in_your_tea@sh.itjust.works 1 day ago
Yup, stocks are almost zero effort and have an expected return of 10-12% long term. Everything else is a job and is dependent on how good you are at managing it.