How to get started with agtech and farming investments?
in Business, Accounting & Taxes ·
Give the mussels a shot 😁😂
5 posts shown.
gentletinker7 said:Greetings, everyone—my colleague and I are currently scouting for some agricultural acreage in the vicinity of Indianapolis for a blueberry and berry crop venture. Ideally, we’re looking to strike a deal where someone provides the land in exchange for either a percentage of the harvest or perhaps an annual lease agreement. Does anyone happen to have any leads or insights on how to navigate this kind of arrangement?
Bryan Bennett5 said:Man, just when I thought I finally wrapped my head around this whole damn credit card thing, something else pops up to mess with me. So, here’s the deal. My total credit limit is $4000, right? I haven't even touched the card lately, but then I decided to grab some storage cabinets from a place like IKEA for $2000 and opted for that 12-month installment plan they offer. Based on my math, I figured I'd be looking at a monthly bill of roughly $167—and don't even get me started on interest rates, who cares about that part right now? Anyway, that’s exactly what’s been happening for three months straight. Every month when I log into my JP Morgan Chase online banking and click on my 'credit card account,' it shows I owe exactly $167, which checks out. But once I pay that off, the app tells me I still owe $0.00 and that my approved limit is $4000. Here's where my brain starts melting: if I go into the cards and limits section on the site, it says my agreed limit is $4000 but my available credit is only $2500. Why the hell did they slash my available credit by the full price of the cabinets if the seller gave me 12 months to pay? Shouldn't my available credit only drop by the monthly payment of $167, and then jump back up by $4000 once I pay the bill?