Georgia is shutting down..

[carlton_fritz]

Originally Posted by BOTY

We are blessed, it sucks but we have money put away. If I can help out let me know.

You may end up needing your money for ammo. Thanks though.

[Aerovette]

It has become very obvious that the only way we can get this virus under control is to release prisoners. This whole mess could have been over long ago if we had just let them go back in January.

Many Mayors and Governors were slow to realize that we needed to set them free. I only hope it isn't too late.

[boracayjohnny]

Originally Posted by aerovette

It has become very obvious that the only way we can get this virus under control is to release prisoners. This whole mess could have been over long ago if we had just let them go back in January.

Many Mayors and Governors were slow to realize that we needed to set them free. I only hope it isn't too late.

Think of the children.

[z06psi]

I see nothing has changed for me.

[GRN ENVY]

Originally Posted by datawiz

GWiz lost her internship with SLB yesterday. She may be able to resurrect it because of the unique work she's doing, but she's already got her backup plan. She may be joining me at my firm in an internship, and will be billable day one, and have an option to hire on full time after that. She's already bred for what I do, and that's what makes her happy. Engineering is just blah for her...she'd prefer to consult and build software.

Let's see where this goes...


Just read a headline that the class of 2020 was about to enter the most robust market in 50 years, and now they are faced with comparing themselves with their peers and it may take a decade for them to overcome the income disadvantage.

I think GWiz will be fine, but she's been conditioned to go above and beyond. Nice that she's got a guaranteed fallback position. Hell, 5 months with GWiz at home is priceless for Mr. and Mrs. Wiz when she's been gone for 4 years.

Welcome to the rat race. She will be fine though. Her resume will speak for itself and when she get's in front of the panel interview, her voice will secure it.

I've been fighting the income disparity, but finally getting traction. I don't think I'll ever be able to break that ceiling in a corporate setting as there is always someone willing to do it cheaper. Lots of competition. If she can work for herself or the family business there will be no income rat race.

Once this Covid deal starts to pass, I'm making adjustments to get back to being self empoyed.

[dvarapala]

Originally Posted by Rodnok1

Tens of thousands of small businesses are already under water and will not recover, wait until June(let's face it they'll try and keep everything closed until then or later) they won't have a pot to piss in and we cannot financially support them indefinitely. They fold period and jobs are lost, not transferred somewhere else, jobs will dry up and unemployment will be high and drag everyone down. The lost revenue (and this taxes collected) will be billions even if we restart everything soon.

Enter UBI to save the day.

[bsmith]

Originally Posted by carlton_fritz

I was unemployed from July till Feb 17th. All my savings is gone.

Damn.
Were you both working at the auto plant?
It is definitely a last resort, and I am surprise dhow little we are hearing about it...but people can tap their 401k now without penalty.

One provision lets investors of any age take as much as $100,000 from retirement accounts this year without paying an early withdrawal penalty. They also can avoid taxes on the withdrawal if the money is put back in the account within three years. If it can’t be returned, taxes can be paid over three years.

Business as usual in Nebraska.
No lock-down yet.

[dvarapala]

Originally Posted by bsmith

people can tap their 401k now without penalty.

What's left of it.

[bsmith]

Originally Posted by dvarapala

What's left of it.

Yup, like I said...last resort.
I still track mine weekly, I'm just numb now.

DOW is down 1000 points today?
meh.

[Millenium Vette]

Originally Posted by bsmith

Yup, like I said...last resort.
I still track mine weekly, I'm just numb now.

DOW is down 1000 points today?
meh.

I just checked my iPhone, shit's all green so far.....

good enough for me

I haven't checked most of my shit the past month.....

[BOTY]

Originally Posted by bsmith

Yup, like I said...last resort.
I still track mine weekly, I'm just numb now.

DOW is down 1000 points today?
meh.

That isn't helping either, but shut it all down and that is what you get.

[C3C7NIC]

Originally Posted by bsmith

Yup, like I said...last resort.
I still track mine weekly, I'm just numb now.

DOW is down 1000 points today?
meh.

I quit looking at mine, not going to move it, so, whatever.


My FA had been trying to convince us to move more of our $$ out of low interest (1.5%) money market savings and CD's into the market. SO freaking glad we told him no.


We are well diversified, so it sucks to lose some money but could be SO much worse.

Not to sounds like a total biotch, but there are some I have NO sympathy for.

Have a few personal friends that have massive house, luxury cars, all their kids always have the latest iphone, designer clothes, they are always taking high end vacations. These fuggers spend EVERY penny that they make and never put back for "rainy days". Let it be understood, these folks make some serious bank. Well, guess what asshat>> the monsoon is upon us, so I'm not shedding a tear that they were living the dream without a plan.

I am not speaking of those that are is a chitty position, due to absolutely no fault of their own.

Would it be fair to saw, if we had to go back to pioneer times lifestyles, so many of these soft primadonnas would be screwed?

[dvarapala]

Originally Posted by Millenium Vette

I haven't checked most of my shit the past month.....

I haven't either. By the time I'm ready to retire the Dow will be > 40,000.

[Rodnok1]

Originally Posted by C3C7NIC

I quit looking at mine, not going to move it, so, whatever.


My FA had been trying to convince us to move more of our $$ out of low interest (1.5%) money market savings and CD's into the market. SO freaking glad we told him no.


We are well diversified, so it sucks to lose some money but could be SO much worse.

Not to sounds like a total biotch, but there are some I have NO sympathy for.

Have a few personal friends that have massive house, luxury cars, all their kids always have the latest iphone, designer clothes, they are always taking high end vacations. These fuggers spend EVERY penny that they make and never put back for "rainy days". Let it be understood, these folks make some serious bank. Well, guess what asshat>> the monsoon is upon us, so I'm not shedding a tear that they were living the dream without a plan.

I am not speaking of those that are is a chitty position, due to absolutely no fault of their own.

Would it be fair to saw, if we had to go back to pioneer times lifestyles, so many of these soft primadonnas would be screwed?

I know more than a few that make good money but paycheck to paycheck never saving a dime. Totally screwed now of their own doing and I have zero sympathy for them.
Of course they are all heavily in debt with both loans and credit card debt.

[dwjz06]

Originally Posted by dvarapala

I haven't either. By the time I'm ready to retire the Dow will be > 40,000.

From your lips to Gods ears. I can only hope. Half my chit was already taken before this cluster**** started.

[Millenium Vette]

Originally Posted by C3C7NIC

My FA had been trying to convince us to move more of our $$ out of low interest (1.5%) money market savings and CD's into the market. SO freaking glad we told him no.

Seriously? That's not a financial advisor, that's a salesman.....

[Aerovette]

Originally Posted by dvarapala

What's left of it.

For once my stupidity has paid off. I never invested the 401k money my ex had to give me and it has been sitting in an account. I would have lost most of it by now. Instead, I'm waiting to pull the trigger and buy at the bottom and ride the wave.

I stand to make hundreds of dollars.

[JetMechZ16]

Originally Posted by aerovette

For once my stupidity has paid off. I never invested the 401k money my ex had to give me and it has been sitting in an account. I would have lost most of it by now. Instead, I'm waiting to pull the trigger and buy at the bottom and ride the wave.

I stand to make hundreds of dollars.

You'll be able to afford to take me out to Taco Bell!!!!

[bsmith]

Originally Posted by Millenium Vette

I just checked my iPhone, shit's all green so far.....

good enough for me

I haven't checked most of my shit the past month.....

Today, sure.

I have a spreadsheet and I track it weekly.
UGLY month.

[Millenium Vette]

Originally Posted by bsmith

Today, sure.

I have a spreadsheet and I track it weekly.
UGLY month.

Like I say, today green. Good enough for the girls I go out with.....

I have to commend you on tracking this shit weekly. Even if it is UGLY.

I just drink more, seems to help. If I'm up shit's creek, might as well be lit......