On Oct 2, 10:10*am, wrote:
On Oct 2, 8:31 am, wrote:





On Oct 1, 8:34 pm, JimH wrote:

On Oct 1, 8:26 pm, Vic Smith wrote:

On Wed, 1 Oct 2008 17:16:14 -0700 (PDT), JimH
wrote:

On Oct 1, 12:34 pm, wrote:
I have two guys who work in the machine shop here, an older black guy
who knows everything possible about machining and a younger guy who
sorta gets by. *They work well together and are friends. *We were
talking about where to go for lunch and the young guy asked 'Wanna go
get Chinese food", "No, we did that last week". *Then he asks, "How
about some N*gg*r food". *Total silence as the rest of us were
shocked. *Then he says "Oh, never mind".
What should I do?

No offense but consider this...........

You are asking for opinions about how you treat your employees and run
your company from a bunch of folks you have never met, know nothing
about and at a boating NG.

Wow.

You are severely underestimating the capabilities of this group.
We're a bunch of regular guys, and gave him good advice.
Maybe he should hire a labor relations consulting firm for the answer?
Hire a lawyer?
No. *He caught us sober, and it paid off for him.
Boaters give good advice, because they're good folks.
So there.

--Vic

" Boaters give good advice, because they're good folks."

Huh?

Whatever.- Hide quoted text -

- Show quoted text -

It's okay, Jim, I think he meant BESIDES you and your lover/clone
Harry.

I desperately need a newer truck. *My old Nissan with 315,000 miles is
far beyond dead and has now achieved automotive zombie status. *She
has no clutch anymore and nothing on her works. *However, I always
tell myself, ok, just another couple months. *I have not had car
payments in 20 yrs and loathe the idea. *Then there is the down
payment which I dont have right now. *I wont do payments over $300/
month or for more then 4 yrs so I need a big downpayment. *Then there
is insurance on a new vehicle...........OK, I just talked myself into
keeping the zombie for another 6 months.- Hide quoted text -

- Show quoted text -

Same here, I hate payments on something that is going down in value. I
still miss my Jeep, but the problem was that it was handling worse all
the time, and those old school steering knuckles are a bitch to get
right. If your Nissan runs okay, I'd put a clutch in it some weekend!

BAR wrote:


Your typical consumer purchaser of a vehicle should purchase with the
intent of keeping the vehicle for 10+ years. The last vehicle we bought
wast the F-150 SuperCrew. Cost $425 a month for 5 years, yes 5 years.
Now we are effectively saving $425 a month for the past 2 years and for
the next 3 to 6 years until we need to purchase another vehicle for me.
By that time we will have save up enough money to do an outright
purchase of the next vehicle. But, we will finance the next vehicle
because it doesn't make sense to stop the money saved from working for
us. I figure that we will still be making 3 or 4 percent while we are
paying off the next vehicle's loan.

Unless you get an outstanding interest rate (less than prime, for
example), you are better off paying cash. You aren't "making" anything
while you pay off a loan - you are paying interest on a depreciating asset.

You are also only "saving $425 a month" if you have no repair expenses.
That's the risk you take when you keep a vehicle for a long time
beyond it's warranty.

BAR wrote:


I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.



I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? I'd like to get some!

wrote in message
...
On Oct 2, 8:31 am, wrote:
On Oct 1, 8:34 pm, JimH wrote:



On Oct 1, 8:26 pm, Vic Smith wrote:

On Wed, 1 Oct 2008 17:16:14 -0700 (PDT), JimH
wrote:

On Oct 1, 12:34 pm, wrote:
I have two guys who work in the machine shop here, an older black
guy
who knows everything possible about machining and a younger guy
who
sorta gets by. They work well together and are friends. We were
talking about where to go for lunch and the young guy asked 'Wanna
go
get Chinese food", "No, we did that last week". Then he asks,
"How
about some N*gg*r food". Total silence as the rest of us were
shocked. Then he says "Oh, never mind".
What should I do?

No offense but consider this...........

You are asking for opinions about how you treat your employees and
run
your company from a bunch of folks you have never met, know nothing
about and at a boating NG.

Wow.

You are severely underestimating the capabilities of this group.
We're a bunch of regular guys, and gave him good advice.
Maybe he should hire a labor relations consulting firm for the
answer?
Hire a lawyer?
No. He caught us sober, and it paid off for him.
Boaters give good advice, because they're good folks.
So there.

--Vic

" Boaters give good advice, because they're good folks."

Huh?

Whatever.- Hide quoted text -

- Show quoted text -

It's okay, Jim, I think he meant BESIDES you and your lover/clone
Harry.

I desperately need a newer truck. My old Nissan with 315,000 miles is
far beyond dead and has now achieved automotive zombie status. She
has no clutch anymore and nothing on her works. However, I always
tell myself, ok, just another couple months. I have not had car
payments in 20 yrs and loathe the idea. Then there is the down
payment which I dont have right now. I wont do payments over $300/
month or for more then 4 yrs so I need a big downpayment. Then there
is insurance on a new vehicle...........OK, I just talked myself into
keeping the zombie for another 6 months.

Look at Craigs list and salvage titles.

"BAR" wrote in message
news
Calif Bill wrote:
"BAR" wrote in message
. ..
Calif Bill wrote:
"Don White" wrote in message
...
wrote in message
...
On Oct 1, 3:09 pm, A Real Boater wrote:
wrote:
On Oct 1, 2:54 pm, wrote:
On Oct 1, 1:35 pm, "Don White" wrote:
wrote in message
...
I have two guys who work in the machine shop here, an older
black guy
who knows everything possible about machining and a younger guy
who
sorta gets by. They work well together and are friends. We
were
talking about where to go for lunch and the young guy asked
'Wanna go
get Chinese food", "No, we did that last week". Then he asks,
"How
about some N*gg*r food". Total silence as the rest of us were
shocked. Then he says "Oh, never mind".
What should I do?
It's your business?
I'd take him aside and tell him that language isn't acceptable.
Then have
him apologize to the black guy.
I'd document the meeting just in case something came of this
problem in the
future.... you may not have to enter it in the young guys file,
but it
should be at hand.
Funny, though, it's ok for some young black people to use that
language
among themselves, but no whiteboy had better try it.
I've got a black neighbor who frequently has friends and family
over
for parties, I'm always invited. I've never heard any of them ever
utter the word. And they don't call white people names either. He
does
however, have a very logical explanation as to why some urban
types do
use that word. But, again, it's logical, so it'd be wasted on all
of
the Harryclones.
He knows he did wrong. After lunch he apologized to everybody.
Said
he was just kidding with his friend and ran his mouth without
thinking. I laid down the law about such stuff.
Be thankful you don't have a Justwaitaloogy working for you...you'd
have
daily fistfights.
I hate having employees. If you ever start your own company, avoid
employees at all costs. Keep people as indep. contractors if
possible. Employees expect you to take care of them and I dont want
to take care of anybody. Am tired of personality conflicts, tired of
worrying about their job security, what about mine? Tired of the
friggin paperwork for each one of em. NJ wants me to garnish one
guys
wages for back child support, like hell, that isnt my business.
Workers comp insurance, you gotta be kidding, My god, I was better
off
by myself. "I have a Ph.D. and should be making X $/hr" one whines
and I think "In yer friggin dreams, go try to get that around here".
I cut hours of one part timer who didnt get along with anybody and he
blurted out "I just took on $30,000 debt" and my jaw nearly hit the
floor. "Is that my business", I think. What about my company debt
for which I am personally liable, does he expect me to simply
mortgage
my house to pay him more? The young guy who made the racial slur
drives a spanking new Ford 150 with every add-on you can imagine and
his wife drives a 2007 Yukon and he confessed to having $60,000 in cc
debt and is now going on a cruise. HOLY SH#$. What planet do these
people live on?
Sorry bout the tirade, just venting
Actually, that kind of crap eventually affects us all.
At some point he'll default on his payments and will either declare
bankruptcy, or will go on some orderly payment scheme at minimal
interest.
The sensible people like me end up paying more.
I sure hope there are some good financing schemes this spring when i
need a new SUV.
On the other hand, my investments aren't doing anything..... might be
smarter to apply some monies from there to a new vehicle.

Not much different with you. Leasing a vehicle when there are not tax
advantages. If you have a business, or have to have a car for
business, then leasing makes sense. But for all others, it is buying a
car with no down payment. And there are big restrictions on mileage.
Go over that 10K miles / year, and the cost per mile can be huge.
Maybe the guy bought the vehicles, cause he got 0% financing. Which is
not 0%. You can have 0% or some rebate. You bought down the loan to
0%.
Your typical consumer purchaser of a vehicle should purchase with the
intent of keeping the vehicle for 10+ years. The last vehicle we bought
wast the F-150 SuperCrew. Cost $425 a month for 5 years, yes 5 years.
Now we are effectively saving $425 a month for the past 2 years and for
the next 3 to 6 years until we need to purchase another vehicle for me.
By that time we will have save up enough money to do an outright
purchase of the next vehicle. But, we will finance the next vehicle
because it doesn't make sense to stop the money saved from working for
us. I figure that we will still be making 3 or 4 percent while we are
paying off the next vehicle's loan.

Depends on what the actual rate the loan on the car carries. When I
bought my 2004 Chevy diesel, you got 0% or $2500 back. What is the
actual rate on the loan? How much rate drop over 3-4-5 years does $2500
buy you. Since I pay cash for cars and boats, I took the $2500.

I never pay cash for cars or boats. Always pay with somebody else's money
and pay it back over time with cheaper money.



Depends how much you can get on your money and how much you have to pay for
that money.

"DK" wrote in message
...
BAR wrote:


I never pay cash for cars or boats. Always pay with somebody else's money
and pay it back over time with cheaper money.



I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you found
a 0% deal.

What it "cheaper money"? I'd like to get some!

That approach only works with an asset that appreciates in value. You know,
like real estate used to g. With a depreciating asset like a car or boat,
it's only good at 0% interest as you say.

--Mike

"Mike" wrote in message
...

"DK" wrote in message
...
BAR wrote:


I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.



I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? I'd like to get some!

That approach only works with an asset that appreciates in value. You
know, like real estate used to g. With a depreciating asset like a car
or boat, it's only good at 0% interest as you say.

--Mike

Any zero percent deal I've seen on cars always resulted in a higher selling
price. Every case I looked into resulted in higher *net* than paying cash,
even considering the interest lost from where ever the cash was held.

I have done a few zero percent deals on consumer electronics where you pay
the same whether you take advantage of the no interest or pay cash. We are
now watching our new large screen HDTV with zero percent interest payments
over two years.

D.Duck wrote:
"Mike" wrote in message
...
"DK" wrote in message
...
BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.


I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? I'd like to get some!
That approach only works with an asset that appreciates in value. You
know, like real estate used to g. With a depreciating asset like a car
or boat, it's only good at 0% interest as you say.

--Mike

Any zero percent deal I've seen on cars always resulted in a higher selling
price. Every case I looked into resulted in higher *net* than paying cash,
even considering the interest lost from where ever the cash was held.

I have done a few zero percent deals on consumer electronics where you pay
the same whether you take advantage of the no interest or pay cash. We are
now watching our new large screen HDTV with zero percent interest payments
over two years.



I take advantage of those deals, too. If Best Buy wants to finance my
TV or refrigerator for 24 months, with zero interest, why not? I'm
still making a few buck in my money market savings.

On Oct 2, 7:37*pm, DK wrote:
BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.

I don't understand your theory. *In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? *I'd like to get some!

From 2002 through 2007 my investments earned 10+% (often significantly
higher) while car and boat loans were below that.

Not a hard thing to understand but we all know why you don't.

On Oct 2, 8:42 pm, JimH wrote:
On Oct 2, 7:37 pm, DK wrote:

BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.

I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? I'd like to get some!

From 2002 through 2007 my investments earned 10+% (often significantly
higher) while car and boat loans were below that.

Not a hard thing to understand but we all know why you don't.

Am on 2nd clutch and this time it isnt the clutch but is the
transmission simply being too worn to shift smoothly. I dont
understand transmissions so I cannot say why, Worn out rear end with
differential making noise, cannot align her anymore due to all the
front end being worn out. Yes, could rebuild her but I'd get
revolution from my wife if I decided to. 2nd engine is at only
115,000 miles though.
Am I living in the past thinking that $20,000 is too much to pay for a
double cab truck with less than 30,000 miles?