What are your reactions to the apparent deal struck to avoid the "fiscal cliff"?
Blanket - Bud doesn't even know the difference in SS & SSI.
Raspy tries so hard to sound "smart" and the more he comments, the more he sounds like a Clown. His perceived "status" is really quite comical.
bfra, someone who is having financial issues can sometimes become really committed to learning. I never mind putting the information out there. If it doesn't help bud, it may help someone else.
If Rasp were truly the "wealthy" person he claims to be he would be speaking at a much higher level and would have been happy with the stock markets today instead of complaining about the 47%. He doesn't have a clue.
As much as I disagree with Ben on certain issues I have to say he is pretty savvy with his money. Now that's someone who is not a fake. I'm sure he's really good at what he does.
Blanket - I would be iffy on Ben. From his comments, he thinks along yogism too much for me.
Politically I can't agree with him at all and I don't agree with him when it comes to his philosophy on economics. But he is smart when it comes to finance. I have to hand it to him there.
Blanket thank you for the definitions. Honestly I have not got a big financial worry. My home is over financed at this time. It had appraised at $350,000 and now, we'll be lucky if it appraises for $250,000. But we're holding our own since we only owe for 1 car now (paid off one - thanks to Dave Ramsey).
We did rent our condo; We got $1100 for it when the mortgage was $700 or so. But 2 different leases later, and even with background checks, we had 2 different judgments. One paid $4000 on a $6000 judgment and I wrote the balance off and forgave the debt because I found out she had breast cancer. The other was a major law enforcement official in Davidson county who's wife was a nut. She sued me for $14,999 for "making her sick". LOL
She put down black asphalt just off the deck of my condo patio to park their motorcycle. And that was only ONE of her nightmarish things. Anyway, I will say this: Before I ever rent out my property again, I'll give it back to the bank.
But in theory, you are correct. It would be good to rent it out. I'd love to move to Destin or Gardiner Montana. I used to manage the Yellowstone Inn B& B at the North Entrance to the park (3 years); loved it. Hubby loves it also.
Oops. I'm rambling. Yes, I appreciate learning when I can learn. Some people think they know everything. I know about as much as the average high school grad from 65 knows. But I can still type 60 wpm with no errors (some of the time).
I'll look into the issue with the unemployment taxes. Someone told me today that if you are self-employed, you might be able to lay yourself off, but he was speaking of someone he knew from CA that did that and he said all states are probably different. Does not make sense to me that a self employed sole proprietor with no employees should have to pay that tax. But it's the U.S. so there is not much rhyme or reason to what the people in DC do.
In one of my 99 jobs, I worked for John Byington's office (Consumer Project Safety Commission). He quipped one day: "hey why don't you apply and come on board full time" (I was a temp). I said "the only way I'd work here is if you gave me a job figuring out why you have 4 people doing the job that one person should be able to do". He thought I was joking and laughed. I was serious and that was in the late 60's early 70's. Image the overstaffing they have now.
Anyway, thanks for sincere advice. I'm sure if we met at a charity function and didn't know each other's screen name, we'd get along quite well. I have many friends in Sylvan Park but I'll keep their names out of this. One of my friends knows D7, but I never told him who she was. She always laughed when he and I were fighting in my early posting days. He and I seem to get along - at arm's length - now! LOL
PS: The judge kicked her lawsuit out; I got a $5000 judgement against her. She had to go to Centennial to be checked in to the nut cake ward right after the hearing. Guess she just went crazy cause she couldn't sue me. I found it amusing. Not that she went crazy, but that she sued me for $14,999. Is that all she's worth to her? I'd have sued h er for 1,499,000 if I thought she made me sick! LOL Just kidding.
That evil capitalist multi millionaire Al Gore sold his propaganda TV station to another Propaganda TV station Al-Jezzera. I'm sure Al will find a way to not pay his fair share of taxes just like all of those other evil rich capitalist!
Yep, another hypocrite democrat selling to our enemy. I wonder if his electric bill in Bellmeade is still $24,000 a year when we have all had to cut back to save on our bill. hanging laundry out on the line has cut my bill by about 30%. Thank goodness I'm not in a condo or homeowner association to have me arrested for hanging out the sheets and undies! LOL