Good Sam Club Open Roads Forum: Tow Vehicles: Dealers lots are filling up
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 > Dealers lots are filling up

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ford truck guy

Pennsylvania

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Posted: 11/18/22 05:21am Link  |  Print  |  Notify Moderator

*** AND FOR THE RECORD ****

There is NOTHING wrong with installing windows! Just do not think you need a diploma from a HUGE/Expensive college ( Drexel ) or such to do said work....

way back 40 years ago my best friend in school went to college to become a Metallurgical engineer.. for the first 10-15 years after graduating he was making tags for clothes at some shop in Ohio.???

Me,, I had co-op in my senior year, left school at 10 am to go to work... skipped college, worked 2-3 jobs to keep thing straight and the beer supply flowing


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JRscooby

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Posted: 11/18/22 05:25am Link  |  Print  |  Notify Moderator

Something that would seem out of step until you really understand capitalism. Nearly every time businesses announce lay-offs there is another story telling how much stock prices are going up. I can't understand how employees can only be a expense, and not somebody else's customer base.
The ideas of communism is often distorted so that ownership/profits of production are concentrated in few hands.
Capitalism, OTOH, working exactly as designed, unless constrained by strong unions or strong government, ownership/profits of production are concentrated in few hands. Now don't get me wrong, IMHO capitalism is better. But only because it can be constrained by strong unions and/or strong government

spoon059

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Posted: 11/18/22 06:09am Link  |  Print  |  Notify Moderator

ford truck guy wrote:

*** AND FOR THE RECORD ****

There is NOTHING wrong with installing windows! Just do not think you need a diploma from a HUGE/Expensive college ( Drexel ) or such to do said work....

way back 40 years ago my best friend in school went to college to become a Metallurgical engineer.. for the first 10-15 years after graduating he was making tags for clothes at some shop in Ohio.???

Me,, I had co-op in my senior year, left school at 10 am to go to work... skipped college, worked 2-3 jobs to keep thing straight and the beer supply flowing

My father was the first in his family to attend college, so the expectation was for me to go to college. After high school I went to college and a guy I knew became a plumber. 4 years later I ran into that guy and he was making more money than me as a plumber. 22 years later he's probably STILL making more money than me.

Thankfully my mom worked at the college and I got tuition remission. My wife went to community college for 2 years, then state college to get her Registered Nurse licensing. She is a full time mom now, not using that expensive degree.

Trades are a GREAT thing to have. Lots of unemployed Family Studies majors out there right now, but not too many unemployed plumbers, HVAC guys, construction workers, electricians, mechanics, etc. We have 529 plans for our 3 kids, but I don't think I'll be pushing college neccesarily.


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time2roll

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Posted: 11/18/22 07:50am Link  |  Print  |  Notify Moderator

There is a lot to be learned in college besides the course work. Choosing the right college and paying for it can be complicated. The easy money of going into debt lets many pick a path that is not well suited to their circumstances. Unfortunately personal finance is not a subject that has a strong focus. Parents need to guide these kids better but they often don't know the best either.

And things have certainly changed since the old days. My first semester at state university was just under $100 (+books) for the semester. The state has curtailed the subsidies and that burden is now on the students. The student loans back then were zero interest until graduation.

* This post was edited 11/18/22 07:59am by time2roll *


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Posted: 11/18/22 09:52am Link  |  Print  |  Notify Moderator

My oldest daughter graduated university with zero debt and enough money saved up to put 20% down on a beautiful new custom built home. The youngest is in her third year ….. no debt and doing well. The two in between both finished their schooling with zero debt and own very nice homes. Two of them just bought new vehicles …. One paid cash for a 10 year old SUV where as the other bought a brand new $60k unit that the bank has a significant interest in. It will be interesting to see which vehicle ends up being more expensive.


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Posted: 11/18/22 10:07am Link  |  Print  |  Notify Moderator

I got an education in electronics in the USCG 1965-69. It served me well in all my working years. Retired at 62 as a senior data network design engineer at BofA. I had over 150 weeks, five days a week, 8 hours a day of technical training that only cost was my comment to the USCG, NCR, Department store with NCR POS registers, and the Bank.


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cptqueeg

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Posted: 11/18/22 11:45am Link  |  Print  |  Notify Moderator

Pbutler97 wrote:

spoon059 wrote:

time2roll wrote:

I am currently capitalizing on the continued growth in the economy. Best of luck for the long wait for a mild recession.

Southern California... yup, that checks out...


Yes it does because the mass corporate layoffs being announced almost daily, home values and sales dropping like a stone, runaway inflation not seen in about 30 years, and out of sight energy costs with potential shortages are all a sign of a robust growing economy. At least 401K's are doing great. lol.

Just seen a line at a local food bank in Cleveland on the news that was larger than the lines at the beginning of Covid. Those folks are capitalizing on bags of potatoes.




So inflated housing and stock prices are good, but inflated energy prices are bad?

Stocks are "on sale" at 23% off of last year's price, go get some. And TSLA is 1/2 off!!! Prob a good time to buy cause Elon is trashing Twatter as we speak and he'll leave well enough alone at TSLA.

Edit to add: just bought 50 TSLA at $178 in my YOLO (you only live once) account.[emoticon]

* This post was edited 11/18/22 12:02pm by cptqueeg *

Pbutler97

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Posted: 11/18/22 01:23pm Link  |  Print  |  Notify Moderator

cptqueeg wrote:

Pbutler97 wrote:

spoon059 wrote:

time2roll wrote:

I am currently capitalizing on the continued growth in the economy. Best of luck for the long wait for a mild recession.

Southern California... yup, that checks out...


Yes it does because the mass corporate layoffs being announced almost daily, home values and sales dropping like a stone, runaway inflation not seen in about 30 years, and out of sight energy costs with potential shortages are all a sign of a robust growing economy. At least 401K's are doing great. lol.

Just seen a line at a local food bank in Cleveland on the news that was larger than the lines at the beginning of Covid. Those folks are capitalizing on bags of potatoes.




So inflated housing and stock prices are good, but inflated energy prices are bad?

Stocks are "on sale" at 23% off of last year's price, go get some. And TSLA is 1/2 off!!! Prob a good time to buy cause Elon is trashing Twatter as we speak and he'll leave well enough alone at TSLA.

Edit to add: just bought 50 TSLA at $178 in my YOLO (you only live once) account.[emoticon]


That's wonderful, I'm impressed. Enjoy!

shelbyfv

TN

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Posted: 11/18/22 01:48pm Link  |  Print  |  Notify Moderator

Intellectual humility is an important lesson that's easy to learn on a college campus, can't avoid seeing our limitations. Maybe not so obvious in the every day world.

cptqueeg

Idaho

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Posted: 11/18/22 03:26pm Link  |  Print  |  Notify Moderator

Pbutler97 wrote:



That's wonderful, I'm impressed. Enjoy!



Thanks. Gotta put your money were mouth is at some point.


But you dodged the question on inflation. Let me rephrase it for you. Is inflation bad for all commodities or just the ones that you need, but don't already own?

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