|General Chat MCB's Coffee House: Pull up a seat, and grab your favorite caffeinated beverage. Non-paintball related chat within.|
|View Poll Results: Is a recession immanent|
|Yes. We are already in one, and it will be official in a few months.||6||11.76%|
|Yes. Sometime this year.||10||19.61%|
|Yes. Probably in 2020.||22||43.14%|
|No. Everything is on track.||13||25.49%|
|Voters: 51. You may not vote on this poll|
| ||Thread Tools|
|01-24-2019, 07:37 AM||#21 (permalink)|
THE Green Modster
Of course it is... eventually...
Local to me I can say this much, it's a mixed bag.
Trades and construction people that I talk to have busy and having record setting years. Many of the quarry's stayed open later into the winter than they usually do or haven't shut down yet, Higher ed institutions are having trouble filling classes, 2 state colleges merged about a year ago to cut costs and a small college just announced that they will close after this springs graduation.
Retailers are struggling, home prices for anything turn key are up (My home has almost doubled in "value" in 11 years) but fixer uppers and older homes in the city are DIRT CHEAP.
Master Jar Jar
|01-24-2019, 09:11 AM||#22 (permalink)|
I Am The Admin
Myself? I'm busier than ever right now and need to hire some people.
Heck, I just heard today that Walmart is trying their damndest to hire truck drivers and can't fill the positions and willing to pay something like 90K
Decided to look, here's one near me:
Average pay is 86K
The money is there and the jobs are there, while it may not be in your field, they are there.
But despite how much you make, you can always outspend your income. Always. A bigger house than you need, more stuff than you need, a nicer car than you need, etc, etc.
For the new younger generations the issues come from high amounts of school debt - someone should have stopped them from paying way too much for an education that left them still undervalued. They're not getting married early - Think of how much money you save when you pool two incomes together, even when they're both low (starting out) one rent, one electric bill, two people.
My wife and I saved up enough to buy a house at 25. It was ever penny we had and had less than $1K to our name, but it was the best thing we did.
Lastly you need to pay yourself first. Money into your 401k, then make sure you have emergency money. Everyone should have $400 cash in a safe. If you don't, stop... Stop going out to eat, sell something, etc. This will at least allow you to have some sort of emergency backstop.
Lastly, stop using credit cards - if you can't handle them. Meaning if you can't pay them off monthly, any "reward" you get is lost in interest payments. That's like someone saying: "I paid $1000 in interest, but hey... I got a free toaster!"
I say this lovingly:
Stop blaming the world for your problems and look a bit closer to home. Find out what you can do better - to make more money, save more, etc. Don't wait for it to happen, go out and make it happen.
Follow me on my blog For Non-Paintball Banter
|01-24-2019, 09:25 AM||#23 (permalink)|
Also nuts is how many people go to law school versus need for lawyers. The idea that going to law school and just rolling into a high paying job isn't actually reality for a lot of people. And for many that do, you're essentially working 2 okay paying jobs at once when you're working 70-80 hours a week to pull in six figures.
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|01-24-2019, 04:22 PM||#24 (permalink)|
Mad Science of Paintball
Join Date: Jul 2011
So the kids look at the one hand, where you have to go to college for four to eight years, start working for somebody else at the ground floor, and work your way up to "the big bucks" by the time you're forty. Or in the other hand, they see this 20-year-old guy doing YouTube video game reviews, with half a million subscribers, and he's making $20K a month.
There's webcomics out there that only update three times a week, and rake in $3,500 a month. I know of one that last I looked, made over $10K a month(!!)
There's YouTube types like Alec Steele, This Old Tony and Colin Firth that make (an estimated) $25 to $50K a month just off of subscription traffic.
Kids today are looking at that and going "why would I want to go to college for seven years and become a doctor/lawyer/sewage technician when I can do something like that, have a lot of fun and make twice as much?"
And it kind of does make me a bit hypocritical- I could have easily gotten onto the North Slope, by any one of half a dozen companies. They're all screaming for machinists up there, and I was offered a starting wage of $80K a year, back in about '09 or '10.
If I'd taken that, I'd be making $150K/year today- and that's two-weeks-on, two-weeks-off, so that's $150K for half a years' work.
Either one of the two local machine shops would hire me in a heartbeat- I'm on very good terms with both of them, one even sends me some of their smaller jobs when they're booked up. Either one would likely start me out at $60K or better- and that's more than I'm making now, and I'd work fewer hours.
But, like the above mentioned types that found a niche doing something they enjoy rather than doing whatever will make them the most money, I'd rather do what I'm doing- and like I said, yeah, that does kinda make be a hypocrite.
|01-24-2019, 07:46 PM||#25 (permalink)|
Bitter Young Man
Join Date: Jul 2008
Retail is up big time. Seems like people are more willing nowadays to buy stuff they don't really need because they can score a "good" deal. Mainly Amazon. It's all too easy to one-click buy on impulse and get junk shipped to your door in two days. I think it's addictive too.
|01-24-2019, 08:09 PM||#26 (permalink)|
All Hail Harb!
we keep printing money from thin air. It will pop one day.
|01-24-2019, 09:32 PM||#27 (permalink)|
Join Date: Feb 2009
|01-24-2019, 09:48 PM||#28 (permalink)|
I need this!
Join Date: Apr 2014
Location: Portland, Oregon
Tech stocks are still over valued, the banking system isn't any stronger than the last go 'round despite stress tests and might even be more vulnerable because of consolidation, student loan debt was at some astronomical number the last time anybody mentioned it but jobs don't pay any more than they used to, car financiers took variable rate loans and ran with them, the ACA has been shedding parts like a leper in a wood chipper so now insurance costs the same but covers less, trade wars aren't as easy to win as some would have us believe, Brexit is coming, nationalism is on the rise world wide, China's long trend of ridiculous growth has dropped to single digits, Russia's breaking everything they can get their hands on, the French have taken protesting reality from a favorite pastime to a popular career, I hear there's a government shutdown that's costing us billion$ every week but garage sales will fill that financial hole, some crazy expensive disaster strikes so often now it's gotten boring, 26 people have as much wealth as 3.8 billion other people, we're 11 years into the longest economic expansion since WWII and recessions typically happen every 5-7 years...
But, uh, everything's perfectly all right now. We're fine. We're all fine here, now, thank you.
How are you?
Wait, what was the question?
Rusty Brass Feedback
Always looking for a Woodland Camo F1 Illustrator. Got an extra?
Last edited by Rusty Brass; 01-24-2019 at 09:56 PM.
|01-24-2019, 09:56 PM||#29 (permalink)|
Join Date: Oct 2013
I wish someone had recommened a trade school to me. It would have suited my younger self much more than any "book" education..... I guess I did come around eventually, i graduate a "booky" trade school - nursing - in may. I'm 30. better late than never eh?
|01-24-2019, 10:01 PM||#30 (permalink)|
Bitter Young Man
Join Date: Jul 2008