honorary greentext

  • Delphia@lemmy.world
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    12 days 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.

    • superkret@feddit.org
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      12 days ago

      There’s multiple avenues how you can increase your wealth, if you have investment capital, and nothing goes wrong.

        • superkret@feddit.org
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          12 days 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
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            12 days 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.

    • UnderpantsWeevil@lemmy.world
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      12 days ago

      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.

  • TootSweet@lemmy.world
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    12 days ago

    Shrimp > blockchain. Can’t disagree with him there.

    For that matter, shit is better than blockchain. Because at least shit is good for manure.

  • Metz@lemmy.world
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    12 days ago

    And then you realize far too late that stuff like this is strictly regulated and you forgot to comply with all the standards for product safety and hygiene and the state is going to rip your ass so far open that a truck can make a u-turn it it.

    • superkret@feddit.org
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      12 days ago

      Anon also doesn’t know about all applicable regulations and is yet to be audited by the IRS.
      Anon discovered that you can earn money illegally until you’re caught.

      • Donkter@lemmy.world
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        12 days ago

        No? He’s acquiring capital (land, shrimp farm equipment, shromps) and using his labor to create something (more shromps) and selling his product for a profit.

        He owns the property, takes the investment risk, and keeps the profits. In theory he’s competing in a market with other shrimp sellers but like I said from the sound of it the market is pretty thin so he gets to sell for a huge profit.

  • chonglibloodsport@lemmy.world
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    12 days ago

    The one thing OP is missing is the type of shrimp. Don’t bother with food shrimp. That’s unprofitable! The real money is in fancy aquarium shrimp like these:

    • burgersc12@mander.xyz
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      12 days ago

      I have never wanted an aquarium shrimp before, but I think you just found yourself a customer sir!

  • JayObey711@lemmy.world
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    12 days ago

    This is actually true. A former landlord of mine made a fuck ton of money by farming koi fish in the basement of a warehouse.

      • UnderpantsWeevil@lemmy.world
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        12 days ago

        Unironically why small business goons love voting Republican.

        You can brew mutant shrimp in a vat in your garage and take them to a wholesaler in a leaky bag labeled “Wild Caught Magic Beans” then sell them at some absurd markup. When half your customer base gets food poisoning, you blame DEI, throw down a smoke bomb, and run off with your profits.

  • Blackout@fedia.io
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    12 days ago

    I tried the same thing with veal farming but little baby cows can’t swim so good :|

  • Flax@feddit.uk
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    12 days ago

    In America, just buy a load of chickens and do this with eggs.

    • 2piradians@lemmy.world
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      12 days ago

      Silly goose, everyone knows shrimp is much more valuable than eg–

      Heavens to betsy, you’re right

    • sugar_in_your_tea@sh.itjust.works
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      12 days ago

      I’ve looked into it, unless there’s a bird flu epidemic, you’re not going to be profitable. It’s literally more expensive for me to raise chickens than buy eggs from across the company.

      So I guess the solution is to spread bird flu?