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  • Friday, November 16, 2007

    Go Broke Quick (And Amused) Schemes #1

    By Seth
    Follow your childhood dream of buying your own plot of land and living quietly in the countryside while you live off of the revenue generated by your farm crops. Start small with:
    1. 25 acres ($25,000)2. A small used tractor (1987 John Deere, 140-hp = $44,500),
    3. A plow ($20,000),
    4. A drill for planting ($30,000),
    5. 200 gallons of diesel to fuel the tractor for a season ($600),
    6. A custom-harvest crew to cut and haul your crop to market ($500 - $700).

    Then collect your check from the grain co-op ($4,660 for a good wheat crop on 25 acres). Revel in the fact that you just lost about $115,000 following your childhood dream.

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