Ping Swingman or Bldg contractors-remod specialists.

Page 2 of 3  
wrote:

I see a lot of people who hate their jobs. I think your "Rodney Dangerfield Syndrome" may explain a lot, though it's not clear which is the cause and effect. I'd guess that low esteem leads to hating one's job (and everything else). If you don't like your job, find a new one. Some will (can?) never be happy, though.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On 8/20/2016 7:27 PM, krw wrote:

I know people that hate their job, but when asked why they don't change you hear "the money is good" Money is important, but not everything.
If I had a job I did not like I would have retired 5 years ago, but fortunately, I like what I do and the people I do it with. But I have cut back to 3 days a week now.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Yeah, I've been there too. The last five years of one job were awful (the first fifteen or twenty were great, then it went downhill) but there are always other jobs that pay well. It might take some work or a venture outside the comfort zone to get there. In my case, I had to move (ended up being three times in four years) but found an even better place to be.
The bigger problem is that some will never be happy.

I told my wife that I'd retire if my job was no longer fun. She told me that it had better be fun until at least next summer (mortgage paid off). ;-)
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On 8/19/2016 11:35 PM, Bill wrote:

Is our neighbor an idiot? You will spend that money sometime or another.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
wrote:

You wouldn't ever SAVE it, right? ;-)
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On 8/21/2016 10:05 AM, krw wrote:

There is that, but you save it to spend it.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
wrote:

Yeah, on things like food fifty years later. ;-)
I thought you were going to come back with the point that "saving" is investing, which is even better than spending, economically speaking.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
krw wrote:

That's certainly not true in today's market. You practically have to pay people to take your money--they (the banks) can basically get money for free from the Fed. Obviously, the Fed wants you to spend--that's the whole point of giving away money at 0% interest rate. I worry that if and when it changes, we could see quick a dip from the DJIA at 18.5K. Incidently, that side affect could really affect consumer consumption/spending. I mean, people may stop eating! ; )
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
wrote:

That's arguable, but you have a point. If you look at the economy as a whole, saving is better than spending. Though when everyone is spending (what they don't have) like a drunken sailor, including government, maybe it is better to become a prepper and invest in freeze-dried food. Stock plenty of ammo, too! ;-)
The bottom line is that you have to diversify pretty widely, right now. I still don't think it's as bad as it was in the late '70s. The "misery index" said it all. You could easily borrow money at significantly lower interest than inflation. At least we're not that upside-down, today.
The problem is going to be when interest does increase, the government won't be *able* to pay the interest on the Obamadebt. Rates have been artificially held down by things like QE1/2/3 but they can't go on forever. The bill for Obamaspending will come due!
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
krw wrote:

From what I have heard, neither T nor H said anything about cutting spending...
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
wrote:

T _has_ made some statements about people being able to (and should) work for themselves. That's a start, but you're right in at least one way. Both would challenge Obama for the deficit prize.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
snipped-for-privacy@somewhere.com says...

Uh, why won't the government be able to pay the interest--did they issue variable-rate bonds?
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On Sun, 21 Aug 2016 21:15:55 -0400, "J. Clarke"

It's almost all in short-term bonds. Clinton started the conversion from 20 and 30-year bonds to hide the cost of his debt. Not wanting to be caught with the potato, everyone after did the same.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
snipped-for-privacy@somewhere.com says...

(1) The maturity term of government debt has been increaing for a while and is well above historical averages. (2) How does issuing short term bonds "hide the cost"?
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On Sun, 21 Aug 2016 23:25:09 -0400, "J. Clarke"

Lower interest rates.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On 8/21/2016 8:15 PM, J. Clarke wrote:

Theoretically if the government could pay the interest rates they could pay down the debt.
But the government will be able to pay the interest, it will print more money and the value of the dollar will drop so that every one pays.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
wrote:

A tax on savings. What a great idea.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On 8/21/2016 12:46 PM, krw wrote:

Actually with the dollar's value ever lowering, it's probably better to spend it now.
And if you believe that things will crash again shortly, better to spend it now, while it is worth something.
Glass half empty.
--
Jeff

Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
wrote:

If you believe it's all going to crash that hard, invest in food and ammunition. *Nothing* else will matter.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
snipped-for-privacy@somewhere.com says...

If you don't have a defensible position the food and ammunition won't do you a damned bit of good.
A typical wood-frame suburban residence is not a "defensible position".
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Related Threads

    HomeOwnersHub.com is a website for homeowners and building and maintenance pros. It is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.