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Jimbo

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Everything posted by Jimbo

  1. Penny Marshall (Milwaukee's LaVerne DiFazio) died Monday.
  2. I remember that episode and learned that was to be a spin off...just yesterday. MeTV aired "Brady Christmas" on Sunday and while browsing Brady Brunch on Wikipedia learned of that tidbit.
  3. Milwaukee's Charlotte Rae has died. She was on "Different Strokes" and "Facts of Life".
  4. The principle can be withdrawn anytime. Up to $10K in earnings can be withdrawn to purchase a principle residence.
  5. I have two friends who work in HR who told you take a job with a company, you owe them two years and that's it. We just had a guy in his early 60's who was here three years, who had the no loyalty philosophy, got jerked around a bit but stuck it out, then was let go when we re-located and re-engineered the workforce. It doesn't take two years to train an experienced employee. The honeymoon lasts a couple of months, most. Unfortunately, it took many years into my career to realize employers only pay you enough to keep you from leaving, while the gap between what you earn and your market worth widens.
  6. I have been hearing "Social Security" will be gone all my life. That isn't going to happen. Look at the outrage whenever they even hint at changing anything. They can raise the age, they can tinker with means testing, but there will be SS. FVBrewerfan, Social Security will be here. It doesn't pay out very much on average now (a little over $1200/month on average), and it will only pay out less. Created in the 1930s, the Social Security Trust Fund ran a surplus until 2009. Beginning in 2010 (I believe in part due to the Obama temporary tax cut), the SSA began collecting less money annually than it was due to pay out. Therefore, the Trust Fund was tapped into. By 2033 the Trust Fund will be drained and tax collections will only cover 75% of expenditures. Therefore, massive changes will be needed, likely a combination of tax increases, benefit cuts, means testing, and increasing the eligibility age. Perhaps SSA will also stop some of it's long-term disability coverage. In 2033, the Social Security shortfall is projected at over $600B. Congress needs to do something about this. They should have done something about this years ago. That's why all people today need to be investing. I love asking my students if they could save $5 every pay period, and they all raise their hands. Then point out that at normal growth rates, $5/pay period would amass $40k+ of wealth by retirement age. We can all do a better job of this. SS will always be around as long as the public demands it and seniors vote in disproportionate numbers. A few years ago Paul Walker toured America sharing his economic ideas and his four point on SS is what DHonks mentioned.
  7. My dad was in the landlord business for thirty years until his stomach couldn't take it anymore. However, he is enjoying a comfortable retirement right now. His municipal bonds are spitting out semi-annual interest checks.
  8. My thoughts on hockey in Milwaukee is this: 1) few Milwaukee area high schools have a team, compared to Madison's high schools and youth programs. People in Milwaukee don't grow up with it. 2) attending my first Admirals game after moving from Madison years ago, it seemed the Milw fans were more interested in the fights than the skill of the game.
  9. That may have been the source of their hesitation to hire you to begin with. They uncertain of their future(?)
  10. The job market in 2014 compared to 2009 is day and night, at least in my field. Don't play the desperation card. LinkedIn is a good way to go. Search LinkedIn or google to locate meet-and-greets and support groups.
  11. Ugh. My contract was coming up and hoping the company would hire me permenant. Turns out while they were stalling on getting back to me, they were interviewing my replacement. I'm out Friday, she's in Monday.
  12. I signed up when I was laid off in 2009 and was of no use then. Now that things have picked up the last 18 months, I've had people contact me.
  13. I've dealt with them. They often contact me with opprotunities. But it seems I have to chase after them to follow up. But there was one good guy who was proactive and lined something up for me, but it fell through. I called the recruiter back several times and he has not returned my calls. I'm assuming recruiters are swamped at this point, but its frustrating. Headhunters are a dime a dozen. Some better than others. Don't put all your eggs into one basket. Move on.
  14. I've dealt with them. They often contact me with opprotunities. But it seems I have to chase after them to follow up. But there was one good guy who was proactive and lined something up for me, but it fell through.
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