HawkleberryFinn
Well-Known Member
Nate Stanley's a good kid, from a good home. Modest.and passes missing wide open receivers
Nate Stanley's a good kid, from a good home. Modest.and passes missing wide open receivers
Mine is in business administration, and if I’m being honest the biggest way that degree helped me was that I put an emphasis in my own life on TVM, 1) which a lot of people unfortunately don’t understand, and 2) isn’t directly related to the job I have.Didn't say it was worthless, said it was almost worthless. And, yeah, fairly easy.
But you get a bach in anything and it does mean something I guess.
Mine is in business administration, and if I’m being honest the biggest way that degree helped me was that I put an emphasis in my own life on TVM, 1) which a lot of people unfortunately don’t understand, and 2) isn’t directly related to the job I have.
My favorite prof probably said 100,000 times in the two years I had him, “a dollar today is worth more than a dollar tomorrow,” and very few people actually take that concept to heart. My brother is 37 (I’m 38) and despite my pleadings he has not started a 401k or invested a red nickel. Not a fucking cent. He says he “can’t afford it.”
I started my 401k when I was 22, and making mid to upper mid 5 figures I will have $650K when I’m 65. In NW Iowa for a guy with within my means (all I want at retirement is a new pickup and a small fishing boat...no RVs, snowbirding, or world travel), that 650 will last me just long enough that I can be comfortable and have fun before I start shitting my pants and I won’t have any left to give to the mursing home.
If anything I am smart enough to not heed the “Edward D.Jones” advice that I need $2M to last me till I’m 95 years old.
I hope to have ten good solid years from 65 to 75 to blow that whole 650 in its entirety and then ol’ Fryowa is gonna half heartedly ride off into the sunset according to statistics.
My brother on the other hand is on blood pressure and cholesterol meds already and at 62 he will be struggling out of the gate to make his social security check stretch far enough to cover his pills and apartment rent. It’s sad as hell but I’ve counseled him as much as I can. He doesn’t listen and there isn’t shit I can do anymore.
Nate Stanley's a good kid, from a good home. Modest.
I suppose just filling in the gap in years.
We have no senior WR on the team.
We have 3 guys with 2 years of eligibility left:
We had 1 guy with 3 years of eligibility:
- Smith
- Smith-Marsette
- Cooper
We have 3 redshirt freshman (4 years of eligibility):
- Marchese (didn't he switch positions?)
We have 4 true freshman (4 years of eligibility + RS available):
- Tyrone Tracy, Jr.
- Calvin Lockett
- Nico Ragaini
So there was a big gap for what will be our sophomore class, and we added 3 RS sophomores. I think it is as simple as that.
- Javon Foy (walkon?)
- Jackson Ritter (walkon?)
- Desmond Hutson
- Alec Kritta (walkon?)
I read your post. It’s started out...
Until I get a clear reason for Martin transferring, this article did not "set the record straight." In fact, it didn't tell me anything I didn't already know.
That’s both snarky and lacks respect for anything written by me. It was a detailed column that answered a lot of questions.
I wrote in the column that I understand why Drake said what he did. I strongly disagree with it and you trying to justify his comments.
People are getting way to bent out of shape about what Drake's opinion is. I mean Martin is either going to earn the respect of his Hawkeye teammates, or he won't. Just because Drake doesn't respect Martin doesn't matter a hill of beans.
Mine is in business administration, and if I’m being honest the biggest way that degree helped me was that I put an emphasis in my own life on TVM, 1) which a lot of people unfortunately don’t understand, and 2) isn’t directly related to the job I have.
My favorite prof probably said 100,000 times in the two years I had him, “a dollar today is worth more than a dollar tomorrow,” and very few people actually take that concept to heart. My brother is 37 (I’m 38) and despite my pleadings he has not started a 401k or invested a red nickel. Not a fucking cent. He says he “can’t afford it.”
I started my 401k when I was 22, and making mid to upper mid 5 figures I will have $650K when I’m 65. In NW Iowa for a guy with within my means (all I want at retirement is a new pickup and a small fishing boat...no RVs, snowbirding, or world travel), that 650 will last me just long enough that I can be comfortable and have fun before I start shitting my pants and I won’t have any left to give to the mursing home.
If anything I am smart enough to not heed the “Edward D.Jones” advice that I need $2M to last me till I’m 95 years old.
I hope to have ten good solid years from 65 to 75 to blow that whole 650 in its entirety and then ol’ Fryowa is gonna half heartedly ride off into the sunset according to statistics.
My brother on the other hand is on blood pressure and cholesterol meds already and at 62 he will be struggling out of the gate to make his social security check stretch far enough to cover his pills and apartment rent. It’s sad as hell but I’ve counseled him as much as I can. He doesn’t listen and there isn’t shit I can do anymore.
Pay yourself first. $500 per month each is all you have to do to max a Roth. Everybody should be doing this their entire adult lives. Assuming you get two paychecks a month (Obviously not necessarily applicable to you) the first $250 of every paycheck should be going into a Roth if you are working full time. $500 per month (The current maximum annual contribution is $6000) over forty years at an annual return of 8% (This is low if you’re simply doing an S&P Index Fund) results in 1.77 million tax-free dollars, with only $240,000 in total contributions. That jumps to $3,227,924.49 at a 10% annual return. This is before factoring in any additional dividends. And this is with only one of you contributing. Double that for the both of you. Start this month with $1000 per month and you can max out your contributions for 2019.As a small business owner (I chose it, not bitching), I haven't had the most disposable cash/easiest time planning for retirement. Hell, 80-90% of my time is spent on stuff that is almost no benefit to me. But, I chose it, and i enjoy it most of the time. But I finally sat down with the wife (who has 401-Ks from multiple employers) and said we just have to. It may be tough some years, but we have to do the separate IRA thing. We just don't know what's over the next hill any given year.
If your brother's company is like most (and you already know this) the "I can't afford to invest" excuse carries absolutely no weight. If you gain zero return on your investment, you still come out ahead in the long run because your taxable income is lowered and the company matches a percentage of your contribution.Mine is in business administration, and if I’m being honest the biggest way that degree helped me was that I put an emphasis in my own life on TVM, 1) which a lot of people unfortunately don’t understand, and 2) isn’t directly related to the job I have.
My favorite prof probably said 100,000 times in the two years I had him, “a dollar today is worth more than a dollar tomorrow,” and very few people actually take that concept to heart. My brother is 37 (I’m 38) and despite my pleadings he has not started a 401k or invested a red nickel. Not a fucking cent. He says he “can’t afford it.”
I started my 401k when I was 22, and making mid to upper mid 5 figures I will have $650K when I’m 65. In NW Iowa for a guy with within my means (all I want at retirement is a new pickup and a small fishing boat...no RVs, snowbirding, or world travel), that 650 will last me just long enough that I can be comfortable and have fun before I start shitting my pants and I won’t have any left to give to the mursing home.
If anything I am smart enough to not heed the “Edward D.Jones” advice that I need $2M to last me till I’m 95 years old.
I hope to have ten good solid years from 65 to 75 to blow that whole 650 in its entirety and then ol’ Fryowa is gonna half heartedly ride off into the sunset according to statistics.
My brother on the other hand is on blood pressure and cholesterol meds already and at 62 he will be struggling out of the gate to make his social security check stretch far enough to cover his pills and apartment rent. It’s sad as hell but I’ve counseled him as much as I can. He doesn’t listen and there isn’t shit I can do anymore.
So I listened to the WUWO pod. While there was some value in the discussion about rising transfers and how transfers need to earn respect in the locker rook, it was mostly a sophomoric conversation with them making assumptions about a person and a situation they know nothing about. It sounded like a group of recently graduated frat guys standing around a keg talking shit.
I understand the sentiment and agree with the premise, but that's not feasible for many people. I'm a single income and $500 a month in addition to my 401k contribution isn't an option. Could I make that sort of deposit every month? yes. Would it scrimp in my day to day operations? Yes.Pay yourself first. $500 per month each is all you have to do to max a Roth. Everybody should be doing this their entire adult lives.
I understand the sentiment and agree with the premise, but that's not feasible for many people. I'm a single income and $500 a month in addition to my 401k contribution isn't an option. Could I make that sort of deposit every month? yes. Would it scrimp in my day to day operations? Yes.
There has to be a balance between your present quality of life and your future one. Financial planners won't tell you this, but you don't need to plan for retirement until your 80 or 85. That's just a bunch of bullshit they tell you to pad their monthly fee reporting to EDJ and get their quarterly golf outings and cruise packages once a year. Financial planners are nothing more than Amway salesmen shoveling bullshit in people's mouths with a grain scoop. They rely on 3 things.
1) Instilling fear in clients. "If you don't have $5M left when you're 98 years old whatever will you do, Mildred? You don't want to be out on the streets at age 99, do you, Mildred?"
2) Instilling guilt in clients "What's that Bill? You learned in college that no-load index funds out perform actively managed funds because my fees wipe out any additional gains you might see? What, so you're saying my services aren't worth anything to you?"
3) Clients' ignorance. See #1 and #2 above.
Statistically most working people are going to have about 10 years to enjoy retirement (assuming at age 65) before their minds and bodies start to fail them and then all that money they worked their whole lives to squirrel away starts going to the nursing home, etc. Some a few less and some a few more. The benefit of leaving it to kids is debatable in my opinion (maybe not others), because if you were able to save $3M, so should your kids be able to. People need to realize that just like interest, an economic unit of enjoyment is worth more during years where you're lucid and in good physical shape than it is when you're shitting the bed and eating steamed peas.
To me retirement should be a zero sum game. All I know is that if I die with more than a few thousand bucks in the bank then I worked too hard and sacrificed too much during my working years for no reason.
To me, if my son even has a tiny bit of regret or resentment about an inheritance then I haven’t done my job as a parent, which is to be the best teacher and friend I can be, and to show enough love that he 1) feels loved, and 2) learns that love (in whatever form he interprets it) is something he needs to pass on to his own friends/family/kids.I guess it depends on the offspring situation, maybe? Are you saying you don't want your son to inherit any actual cash? Or, maybe, that it's up to him to earn his own cash, but he can have your house, car, and fishing gear?
I used to worry that our daughter wouldn't "get" anything from us when we are both gone. But, she does just fine on her own, so why should I plan for her future? Is that it, basically?
I freely admit being in a family business has not been a rousing success. Sometimes I feel grateful just getting to the end of the month. That's on me, of course. If I really took the time to work ON the business, and not IN the business, things would probably be different. But that also may involve a level of risk I don't feel secure enough to take. And I wouldn't wish the business I am in on any family members, that's for sure.
To me, if my son even has a tiny bit of regret or resentment about an inheritance then I haven’t done my job as a parent, which is to be the best teacher and friend I can be, and to show enough love that he 1) feels loved, and 2) learns that love (in whatever form he interprets it) is something he needs to pass on to his own friends/family/kids.
My folks both died at 57 before I turned 30, and they didn’t have shit. When my dad died my brother and I split the $1,400 funeral home bill because my mom couldn’t afford it, and when my mom died there was enough in her checking account to cover the funeral home, a $125 bill to a car dealership she owed for tires, and $10.05 left over which is still in a box on my dresser. Had no other debt. Where I’m going with this is that when they died I was a young guy with nothing to my name and a little son, and I literally never thought about an inheritance or how much money they had. It 100% never crossed my mind even though if they had say $350k it would have set me up for anything I wanted to start out in life including buying a car, house, and paying off student loans. It simply wasn’t even a fleeting thought.
I loved my folks and was both sad about the situation and glad I got the years I did. Even though they weren’t extravagant I was happy and always felt like somebody cared. And that—that’s all my kid needs. He’ll probably get something from my retirement when I croak as well as my house and possessions, but it’s not something I’m conscious about.
My cousin’s mom was loaded and a couple years ago she was in hospice. I overheard this cousin and her husband talking about how to ask how much money her mom had and what they planned to do remodeling their house with it when she died. My life was and is better than my cousin’s even thought they have a $70,000 Suburban. F ‘em.