Plurk

78 responses to this plurk (Jump to bottom)

  • DebInAustin says
    trying to spread my clients throughout the country so I don't rely on any one economy. I am worried that Denver's economy will take a dive
  • DebInAustin says
    after the DNC, so want to make sure I am not just rooted here in Denver.
  • patricksweeney says
    putting my head between my legs and kissing my ass goodbye! Nah, just trying to get my head above water for now.
  • AnitaK
    stop eating and driving? I wish I had cash to put into stocks now...
  • DaisyΜ∞n says
    go no where, wear old clothes, eat nothing ;-) Seems to be the only way to survive some days
  • Gramma Annie!
    Daisy - if you eat nothing, you'll need new clothes! :-)
  • Gramma Annie!
    I stay home a whole lot more. I also planted a vegetable garden this summer.
  • Jane Chin
    you think stocks are a good way to go bc prices are low and for sure they'll go up?
  • Jane Chin
    hm... my 401k keeps dropping and i stopped looking at the #'s. too depressing.
  • RenegadeScribe says
    I'm thinking of stealing gas and selling it on the black market.
  • Jane Chin
    Lewis since i'm an entrepreneur the 410k is parked there (no employer contrib). i do have a SEP
  • SandyBBerry says
    we are cutting back on eating out.
  • Lloyd Lemons says
    simplify (even more) drive less, bike more, diet, fewer restaurants, no malls, maybe sell a car
  • RenegadeScribe says
    Seriously, we've tried to minimize driving, lessen the amount of times we eat out, make sure to buy gas at Costco, and put the thermostat
  • Glyphrunner says
    no A/C in the summer, heat set at minimum of thermostat in winter, recycle clothing and try to reuse materials where possible.
  • Glyphrunner says
    Also trying to find at least one if not three more jobs to provide more income. I can sleep when I'm dead.
  • Jane Chin
    DebInDenver is your biz conductive to remote operations? I think PR should be.
  • DebInAustin says
    yes Jane, I could pretty much work anywhere, with some travel required. I try to meet as many journalists as possible to keep the
  • DebInAustin says
    relationship going. And now that I am doing more SM, want to meet as many people as possible at conferences, etc.
  • kingz jewel
    i have foregone seeing my family (an hour away), eating out, going far for groceries, and not going to my son's jiu jitsu class (30 min)
  • kingz jewel
    there have been other sacrifices, too. i see this might become a blog post
  • DSN
    die young (s_unsure)
  • LChamp says
    I planned for many years to retire early. retired at 55. now is the time for me to preserve capital not gamble on the markets. no concern
  • Jane Chin
    LChamp your case is rare now; many are "unretiring" bc they can no longer afford retirement :|
  • Walter thinks
    far too many Americans spend their money on depreciable toys.
  • iheartbobbyb says
    Not going to lie, the future of the nation scares me to death. It's scary where everything is heading...
  • D.D. says
    ............ sigh ... so wat can we do now?
  • LChamp says
    iheartbobbyb: the future is in your hands...don't just stand there, do something! (g_thinking)
  • D.D. says
    is it true that the worst is yet to come? :S
  • iheartbobbyb says
    *I've got to do something about it!
  • Nexeus says
    make. more, money
  • Jane Chin
    Nexeus any suggestions on how to make more money?
  • Walter says
    in all of human history, there's only been a middle class for the last 60 years. And now it's shrinking. Yikes.
  • D.D. says
    wat do u mean, Walter? :-o it sounds scary
  • Jane Chin
    i saw on news that many people who bought houses in 2006 may actually have "negative" equity right now
  • Jane Chin
    CA as usual tops 'em all - lose 80+% of equity - I remember a few yrs ago inland empire was being developed like crazy, many moved there
  • Walter says
    daringd: It's called the middle-class squeeze. And yes, it is scary. is.gd/1rBC
  • Jane Chin
    hm... i'm checking willow; and one home in our neighborhood sold for $805K built in 1989. that's not bad I guess.
  • Jane Chin
    Walter I agree that the middle class is being squeezed. How much of the "total squeeze" is due to policy, how much due to personal choice?
  • Jane Chin
    i.e. buying cars you can't afford, home too big for your budget, new wardrobe every season, vacations and cruises etc on credit.
  • D.D. says
    haiz...
  • LChamp says
    It's called personal responsibility. I am responsible for my actions. If I buy something I can't afford, I can't complain about it.
  • Walter says
    it is primarily due to personal choice, compounded by changes in global economic factors, allowing less room for errors in our choices.
  • Walter says
    it used to be easier to dig out of debt. But now with millions of off-shore workers willing to do our job at 1/3 the cost, it isn't so easy.
  • Jane Chin
    Walter i think it's a catch 22 as well. consumers want cheaper price for premium products. then complain that jobs are being lost to worker
  • Jane Chin
    s who CAN make cheaper prices possible. which gives?
  • D.D. says
    ya .. agree with JaneChin. Catch 22. haiz...
  • Jane Chin
    also, it depends on the type of biz. manufacturing gets hit the hardest, bc of fixed COGS and offshoring prevents increased prices
  • D.D. says
    there's always opportunities in time of crisis, what do you think the opportunities that exists or will exist in near future?
  • Walter says
    We over-consumer. Consume less, and you don't need to demand lower prices.
  • Walter says
    I'm totaly cool with giving jobs to the those who can do it the least expensively. That's good for everyone.
  • Walter says
    (Except for the union guy who was getting paid $50k a year for sweeping a factory floor.)
  • Jane Chin
    Walter i hear you. i understand that unions aim to protect workers, but with all organizations some power can be abused.
  • Walter says
    having visited approx 40 different manufacturing sites, both union and non, I can say unions have done significant harm to US manufacturing.
  • D.D. says
    significant harm? why is it so?
  • LChamp says
    Walter, in my opinion, the unions have priced us out of the market...losing jobs, but protecting union managers
  • D.D. says
    hmmm.... nvr see it that way. not many union thingie in Singapore
  • Jane Chin
    daringd i'm pretty sure singapore companies wouldn't allow unions LOL
  • D.D. says
    hahaha..... :p except for certain industry like the airline. they sure have hehe. :p
  • Nexeus says
    janechin I always believe that the service industry, particularly tech services and freelance help
  • Nexeus says
    janechin so, web design, programming, technical help, installation, etc. that really helps a lot
  • Nexeus says
    janechin maybe even consultation. Those, IMO are relatively recession proof - there's always going to be biz there.
  • Jane Chin
    i'm not sure daringd... singapore airlines can get away with not hiring a woman bc she's too old or not pretty enough. not here in the US
  • D.D. says
    oh!!! tat's true. hmm .... Singapore is a v biz oriented country. As long as it makes profit , that matters in the end.
  • Jane Chin
    Nexeus makes sense; I was recently a consultant :-)
  • ForgeAus says
    Walter wasn't quite right, they also spend them on disposable goods not just depreciable toys lol!
  • Walter
    ForgeAus Right! They'd better enjoy their Starbucks now, because they'll be drinking McCafe in retirement.

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