Recent comments by mhdoc

Rob Dawg wrote:

shill wrote:

Rob, If you wouldn't quote him, my little corner of HCN would be a more enjoyable place.

Lifelong learning has never been more important. College as the best/only source for that seems increasingly less correct.

scone wrote:

had an aortic dissection last year.

Frequently related to Marfan syndrome.

MaryAnn wrote:

never ever have sinus surgery.

Sinus block would be a cardiac issue. As in Normal Sinus Rhythm.

" No realtor with even faint integrity would list it."

The car guys would say "There is a seat for every ass." Given the right buyer and the right price I don't see the integrity problem.

I continue to be amazed at how much education I can get from for a $25 per month subscription. Given the price of computer related books these days and the speed with which they go out of date, I more than pay for it with the savings from book purchases.

Whiskey, For those of us who don't do coffee, it's how we get our caffeine.

One of the things which has surprised me about being a grandparent of young children is how much value I add if all I am doing is sitting in a chair watching them play. My daughters are pleased and amazed at how much more they can get done when they can use both hands.

I realize it is not the same as an ivy league degree but $50/mo gets me access to all of Adobe's software and for another $25/mo I can access thousands of hours of instructional videos on how to use it at That plus a computer and internet connection opens up a lot of opportunity. Perhaps some of this University education value is diminishing?

One of the defining characteristics of Sonoran desert is that it doesn't freeze. I wonder if Saguaro cacti will be impacted by the freezing or if the old, mature ones, can handle some of it.

I met a guy who purchased a Wisconsin dairy farm that had gone back to trees. He has done very well taking out culls, sick, wind trows, etc. and turning them into flooring which he installs. Instead of getting 20 cents per board foot from a lumber company cutting out all the good trees, he earns $10/ ft. for installed flooring. After doing this for 20 years he has some wonderful oaks and other trees that he might cut selectively some year.

"ball park "

Not what I expected. Thanks.

"Bad prioritization"

When the Huffington Post ran it's headline of all the people killed in shootings it made me wonder how many were killed by drunk drivers during the same period.

"Uhoh someone missed my.."

Actually, it's ugly reading even knowing it is snark.

My mother's cremation two years ago in NM was $900. That was the VERY no frills version.

Outsider wrote:

Refusing to participate in FB

My daughters use it to keep up with high school and college friends. Since many of them are new mothers they use it to ask questions about how to handle assorted baby/kid issues, occasional pictures of themselves or their kids, etc. Much easier to post one place where everyone who is interested can see it than to keep up mail, or even email, correspondence with all of them.

Wilberforce wrote:

the smartphone revolutionized garage sales.

Just got an offer from Square to send me a free card reader for my iPhone that will let me swipe credit cards for a 2.7% fee. So I can sell things on CL or from my garage and accept credit cards. Quite a change from the cost and effort of setting up a merchant account a few years ago. An example use was when splitting the tab when a group is eating out.

dryfly wrote:

As a late boomer I just plan to die with my boots on so I buy comfortable boots

I understand the sentiment, but after visiting my mother in the nursing home for seven years I saw an awful lot of people who were not able to do that, no matter how much they might have wished it.

So as one of the early boomers, my obvious strategy given the likely direction of SS, is to spend the next couple of years running up as much debt as possible and parking the proceeds in some off the books location where I can draw on it to buy essentials but cut off my creditors?

memmel wrote:

Anyway that's the really big mess I see coming in 5-10 years.

I really wish I could think of substantive reasons why you must be wrong.

Cobradriver wrote:

Until one of these countries steps up and tells the eurozone "Go fuck yourselves"...

It feels so much like what happens if you get behind on your bills and the debt collectors start calling. Eventually you figure out all they want to hear is "how much can you pay, when will you pay it?" Everything else is just a scripted game to find a lever to get you to answer those two questions. So really, there is no value in talking to them.

Hackman wrote:

The annual tax return harvesting game is pretty well set now among the mortgage servicers.

It's a major income generator for the used car dealers and lenders who work the sub-prime market too.

SPOOL wrote:

I thought that was some of the most sensible advice I had ever heard. It made perfect sense to me.

I can appreciate what you are saying, but I need to have a device in my hand and try it for a while to appreciate what exactly it might do for me. I got an iPhone4 a year or more ago and it has taken this long to grow into it's features and put them to work for me. Now that I begin to understand them I start to see how it's features might compliment other things I want to do. Note: I don't use it for entertainment.

Vonbek777 wrote:

trump facts any day

By age 16 I had determined I was a math idiot. Forty years later I figured out a financial calculator made financial calculations highly entertaining. I think a graphing calculator early on instead of looking up numbers in the tables at the back of the book would have added value to my education.

Citizen AllenM wrote:

Now, what do you wanna buy today?
And what is your return?

I have a little game I like to play where I ask "How much money would I have to have in the bank to produce the $100/mo I generate from a website, or from selling on Ebay, or Craig's List." It's pretty amazing what dividing $1,200 by 0.003 or some other tiny yield on a CD does. You don't really have to earn much for it to be more than j6p could save in a lifetime.

I watch a couple of FBA (Fulfilled by Amazon) forums and at least half the people getting into that business are retired folks looking to add to their income.

Tom Stone wrote:

Getting paid on the claim is another matter

The one time I had a legitimate claim the title company blamed the surveyor and the surveyor blamed the title company. Both said sue if you want.

Finance_Fan wrote:

madness all over it

Lots of little people doing the best they can.

Mr Slippery wrote:

This guy writes the books I intended to write

See Fred Saberhagen Berserker Series

josap wrote:

You have two kids, it's three days away from payday - you are out of milk

Made worse by the fact you need significant working capital to buy smart. A quart may last the three days, but the 2 gal deal at Costco is a lot better value, if you can afford it.

Might want to read through this guy's blog  before you get to excited about Argentina.

NorkaWest wrote:

he was in the investment business

I understand, my point is that there are always choices and they are not nearly as binary as many clearly think. The incline may be so gradual that in the stress of the situation you don't appreciate what a slippery slope you have stepped onto.

RATM wrote:

With ego too big to fail,

I'm sure many of the people here who have lived through a business failure or near failure understand how easy it is to slip over the line into something unethical/illegal without any real intent. You need a couple of days to cover your cash flow while you wait for a check to clear, that works out ok. Then it happens a couple more times until finally the day comes when you are still short and have to figure out some way to keep things going. All this time you believe you can turn things around if only you can hang on a little longer. At some point that becomes impossible and the choices become more painful. But the alternatives to continuing the "game" are becoming ugly too, so quitting is still a difficult choice.

I never got that far, but I do know it's not necessarily the conscious decision to deceive some posters seem to assume.

So in the same thread we have Josap telling us the realities of property management while upthread there are mentions of investor groups buying several hundred properties. Someone did mention that property management doesn't scale well Smile

I guess we can be sure there will be an ongoing supply of distressed property with motivated sellers.

josap wrote:

It's great to be self employed

More of that easy money managing rentals!!

mp wrote:

They'd go on welfare before they'd whore their skills like that.

Isn't Dryflies' point that soon it won't be a choice because the machines will do the work better in any case?

Citizen AllenM wrote:

There is a lot less cash work than most people assume.

And earning what there is available isn't as simple as it looks. Think of the home handyman type guy. He needs a working vehicle to get to & from the jobs and to the store for parts. He needs tools. He needs a way to send and receive messages. He has to balance the cost of keeping a supply of commonly used parts on hand with the cost of more trips to the store for parts. He has no recourse if customers won't pay as agreed. He needs some working capital or he has to get upfront money for each job.

I used to build websites using DreamWeaver/HTML. Well over half my time was spent on code issues, the rest on content. Now I use a drag and drop site builder (Weebly) and can spend 99% of my time on content. I saw an announcement today for a startup that will do the same thing to the app building process.

MaryAnn wrote:

How I wish when I had the opportunity to learn woodworking, plumbing or a little electrial I had taken that time to learn things I now need to know but don't.

It's amazing how much is available on YouTube videos. Lots of trash of course, but lots of really thorough material if you look for it.

Paradigm Lost wrote:

Problem is: Selling your house here didn't translate into a paid-off house in FL, AZ or CA

The house I grew up in, in Southern MN was recently listed for sale at $24,000. 900 Sq. Ft., full basement, attic, Three bedrooms & one bath. It worked well for Mom, Dad, my brother and I, plus Grandma in the little bedroom in later years. My folks paid $5,500 on a VA loan in 1955, so not a lot of appreciation.

dryfly wrote:

That town is a one lighter

When I was growing up there, there were no lights. 1,200 residents and dropping. 23 in my high school graduation class.

I looked up the history of the bank on the Profinium website. Their growth "required" them to build a new building in 2003. I recognize all the bank presidents names until the most recent three. Those are new and none from "old" family names. So it looks like some ambitious, but inexperienced types, from out of town decided to leverage up and that didn't work out so well.


Doc Holiday wrote:
I hate the internet and I'm not buying a F'ing new iPad...

Ever spent any time in a nursing home? My mother spent the last two years of her life not able to get out of bed. There is nothing on TV & her eyesight was failing anyhow. It's getting easier to imagine myself in that same position and a tool like an iPad sounds wonderful. I can hold it close enough to see if my vision is gong. I can enlarge it a lot if I need to. I can crank the volume of whatever music I enjoy as far as I need to so I can hear it. If I can still type I don't need paper and pencil to write a letter, etc. Seems to me it would be worth a lot to have some choice besides staring at the ceiling.

Doc Holiday wrote:

I hate the internet and I'm not buying a F'ing new iPad...

Ever spent any time in a nursing home? My mother spent the last two years of her life not able to get out of bed. There is nothing on TV & her eyesight was failing anyhow. It's getting easier to imagine myself in that same position and a tool like an iPad sounds wonderful. I can hold it close enough to see if my vision is gong. I can enlarge it a lot if I need to. I can crank the volume of whatever music I enjoy as far as I need to so I can hear it. If I can still type I don't need paper and pencil to write a letter, etc. Seems to me it would be worth a lot to have some choice besides staring at the ceiling.

Blackhalo wrote:

setting up some kind of automated ban-hamme

Tachy Goes to Coventry comes to mind. As used by V-Bulletin.

Former Idealist wrote:

KP is a loser.

Agreed. Now if people whose posts I do want to read could just conquer their addiction to quoting him in their responses, I would never have to see his comments again.

josap wrote:

He said business just died.

Any chance that 115-120 degree weather has an impact?

picosec wrote:

You didn't quote the second sentence of my comment, which for many is the relevant one.

Certainly true. My response was aimed at the comments (not your's) which suggested to me they were based on a very simplistic understanding of "more" that did not include a net present value component.

picosec wrote:

Most people understand enough about the math to know waiting would get them more.

For an individual the math is pretty much irrelevant because the impact of your health care needs and how long you will live are unknown. When I ran the numbers it looked like it would take a LONG time for 25% less three years earlier to be less than full benefits later. Again, impossible to calculate because you have to guess at inflation/deflation, yield on investments, etc.

"More" is a very slippery concept and I decided in my pocket today is worth a serious premium over what might be available later.

some investor guy wrote:

Serious question. Do you think money is simple?

The permutations among Present Value, Future Value, Payment, Term and Interest Rate when mixed with human psychology and negotiation skills are astonishingly complex. There are many non-intuitive solution sets which can benefit the educated. Fascinating, but certainly not simple.

That's at the local, personal level. I have been reading here for several years now and still have no clue about how national or global finance works. Or that anyone else really does either Smile

Tom Stone wrote:

You hear about the expensive parts of California

You mentioned that 1282 Sq Ft. house on five acres that only needed $75k or so to fix up and be worth over $600,000. I believe you know your market, but that kind of price seems well past insane coming from a New Mexico perspective.

poic wrote:

I do think it really depends on the specific area

Kind of like the employment version of "All real estate is local"?