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Owning sprayer vs hiring it
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Isaiah
Posted 7/3/2022 04:33 (#9731427 - in reply to #9731068)
Subject: RE: Owning sprayer vs hiring it


NWOH
I agree with many of the responses especially timing of spraying and buying at wholesale prices
I am however surprised the idea of investing the 250,000 into the stock market instead of machinery with an average annual return of 9% over the past 30 years could return you 22,000 per year average.
That alone would pay for a few acres custom applied, and no headaches with doing the job.
You did mention being very happy with current custom applicator. That says a lot and is very important.
I totally understand you may not be paying cash for a machine which changes my idea totally but the cost of money is still very revelant to the business
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