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Old 03-31-2011, 12:19 AM
 
30,914 posts, read 37,078,281 times
Reputation: 34579

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Quote:
Originally Posted by mathjak107 View Post
Really? Well let us know how that works out for you. better keep that job...
Yeah, he should talk to a friend of mine who lost his good paying job at age 49 and who worked only sporadially for the next 5 years until he finally found another one. Of course, by then he had declared bankruptcy. He's 56 now. He knows Social Security is going to be his retirement plan. He knows he will have to work until age 70 and that the SS check will still be meager. He is hoping he won't be laid off again and/or disabled by the time he is 70. Fortunately, he is still in good health.


This friend didn't quite live payday to payday but pretty close. He never believed he'd have a problem finding a job. He was wrong. He got hit in 2003, long before the Great Recession of 2008 came along.

I'm absolutely dumbfounded that there are people who still think they will never be out of work even for short periods of time. It boggles the mind
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Old 03-31-2011, 12:25 AM
 
4,765 posts, read 3,743,603 times
Reputation: 3038
I like the farming analogy!

Of course, if this honorable fellow faces adversity he will commit hari kari. Did I mention I like to invest in swords?
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Old 03-31-2011, 02:05 AM
 
30,914 posts, read 37,078,281 times
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Quote:
Originally Posted by shaker281 View Post
I like the farming analogy!

Of course, if this honorable fellow faces adversity he will commit hari kari. Did I mention I like to invest in swords?
I'm glad you liked the analogy. While I certainly find TK's philosophy lacking, I certainly hope he wouldn't commit hari kari when adversity comes (and we both know he's a crusin' for a bruisin'!) He may be ignorant and stubbornly so, but hey, we've all been that way at different times, places, & situations in our lives.
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Old 03-31-2011, 03:13 AM
 
107,125 posts, read 109,484,448 times
Reputation: 80524
you never kinow how thirsty you can get until the well runs dry.
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Old 03-31-2011, 03:16 AM
 
4,765 posts, read 3,743,603 times
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Quote:
Originally Posted by mysticaltyger View Post
I'm glad you liked the analogy. While I certainly find TK's philosophy lacking, I certainly hope he wouldn't commit hari kari when adversity comes (and we both know he's a crusin' for a bruisin'!) He may be ignorant and stubbornly so, but hey, we've all been that way at different times, places, & situations in our lives.
You probably missed the post (#44) where he said he would commit suicide if he could not work?
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Old 03-31-2011, 04:22 AM
 
Location: Bradenton, Florida
27,232 posts, read 46,742,532 times
Reputation: 11089
I take no risks.
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Old 03-31-2011, 05:33 AM
 
107,125 posts, read 109,484,448 times
Reputation: 80524
ruling out the risk of loosing your job , the risk of being sick or un-able to work, the risk of having no money to live on and the risk of the stuff your blind to ,your right you take no risk....
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Old 03-31-2011, 06:21 AM
 
Location: Bradenton, Florida
27,232 posts, read 46,742,532 times
Reputation: 11089
I can't recall ever being sick enough that I couldn't work. And I've always had a job. The day I got out of the Navy, I already had a job lined up.
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Old 03-31-2011, 09:17 AM
 
Location: Ayrsley
4,713 posts, read 9,720,489 times
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Quote:
Originally Posted by mysticaltyger View Post
Yep, very true. The problem is humans don't look at their true needs, but instead compare themselves to others, usually those who are at or a step above them on the economic ladder and then spend accordingly.
True. But for a lot of people, if you have some level of disposable income, there is nothing wrong with spending on occasional wants. As long as doing so does not involve spending money one does not have.
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Old 03-31-2011, 10:54 AM
 
Location: Bradenton, Florida
27,232 posts, read 46,742,532 times
Reputation: 11089
And if you're aren't a particularly materialistic person, you can also get by on very little. I'm not interested in having "things".
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