Comments on: Am I Living In A Parallel Universe? http://www.financialsamurai.com/2010/07/12/am-i-living-in-a-parallel-universe-the-economy-seems-fine/ Slicing Through Money's Mysteries Fri, 10 Feb 2012 20:08:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The Economy Is Back Baby! | Financial Samurai http://www.financialsamurai.com/2010/07/12/am-i-living-in-a-parallel-universe-the-economy-seems-fine/comment-page-1/#comment-60906 The Economy Is Back Baby! | Financial Samurai Wed, 01 Feb 2012 14:48:15 +0000 http://www.financialsamurai.com/?p=7768#comment-60906 [...] in July of 2010, I wrote a post entitled, “Am I Living In A Parallel Universe?” discussing the disconnect between the robustness on the ground in San Francisco and the [...] [...] in July of 2010, I wrote a post entitled, “Am I Living In A Parallel Universe?” discussing the disconnect between the robustness on the ground in San Francisco and the [...]

]]> By: Sell In May And Go Away: Stock Portfolio Rebalancing Time | Yakezie.com http://www.financialsamurai.com/2010/07/12/am-i-living-in-a-parallel-universe-the-economy-seems-fine/comment-page-1/#comment-27594 Sell In May And Go Away: Stock Portfolio Rebalancing Time | Yakezie.com Mon, 02 May 2011 08:00:35 +0000 http://www.financialsamurai.com/?p=7768#comment-27594 [...] go anywhere without hearing some pundit say how bullish s/he is.THINGS I WORRY ABOUTI am an optimist at heart, but I’ve also been burned many times before.  After over 10 years of saving and investing, [...] [...] go anywhere without hearing some pundit say how bullish s/he is.THINGS I WORRY ABOUTI am an optimist at heart, but I’ve also been burned many times before.  After over 10 years of saving and investing, [...]

]]> By: Financial Samurai http://www.financialsamurai.com/2010/07/12/am-i-living-in-a-parallel-universe-the-economy-seems-fine/comment-page-1/#comment-24161 Financial Samurai Sun, 20 Feb 2011 20:20:44 +0000 http://www.financialsamurai.com/?p=7768#comment-24161 Ahhh, it's so good to look back at this post 7 months later and see that it was spot on! Hope everybody did well and invested in the markets and refinanced their homes at this time. Sam 2/20/2011 Ahhh, it’s so good to look back at this post 7 months later and see that it was spot on!

Hope everybody did well and invested in the markets and refinanced their homes at this time.

Sam
2/20/2011

]]> By: Financial Samurai 2010 Year In Review | Financial Samurai http://www.financialsamurai.com/2010/07/12/am-i-living-in-a-parallel-universe-the-economy-seems-fine/comment-page-1/#comment-20121 Financial Samurai 2010 Year In Review | Financial Samurai Wed, 22 Dec 2010 08:28:39 +0000 http://www.financialsamurai.com/?p=7768#comment-20121 [...] this summer and going more aggressive into riskier asset classes thanks to so many positive anecdotes revealing a very strong recovery.  Stay tuned for my predictions and resolutions for [...] [...] this summer and going more aggressive into riskier asset classes thanks to so many positive anecdotes revealing a very strong recovery.  Stay tuned for my predictions and resolutions for [...]

]]> By: Financial Samurai http://www.financialsamurai.com/2010/07/12/am-i-living-in-a-parallel-universe-the-economy-seems-fine/comment-page-1/#comment-17080 Financial Samurai Sun, 07 Nov 2010 15:14:15 +0000 http://www.financialsamurai.com/?p=7768#comment-17080 Wow, if the Dow goes to 12,000 that would be huge! And good call!! Wow, if the Dow goes to 12,000 that would be huge! And good call!!

]]> By: Financial Samurai http://www.financialsamurai.com/2010/07/12/am-i-living-in-a-parallel-universe-the-economy-seems-fine/comment-page-1/#comment-17079 Financial Samurai Sun, 07 Nov 2010 15:13:53 +0000 http://www.financialsamurai.com/?p=7768#comment-17079 Hi Patrick, don't know where you get the idea that the Bay Area hates truckers and use of oil. Thanks for your example though. Costs are ROCKETING........ but not anymore with the new Republican controlled congress. I don't think taxes are going up. More importantly, how are YOU doing? Hi Patrick, don’t know where you get the idea that the Bay Area hates truckers and use of oil. Thanks for your example though. Costs are ROCKETING…….. but not anymore with the new Republican controlled congress. I don’t think taxes are going up.

More importantly, how are YOU doing?

]]> By: Patrick http://www.financialsamurai.com/2010/07/12/am-i-living-in-a-parallel-universe-the-economy-seems-fine/comment-page-1/#comment-17075 Patrick Sun, 07 Nov 2010 13:25:19 +0000 http://www.financialsamurai.com/?p=7768#comment-17075 My old man once said that all politics are local and that I should be careful to put much emphasis on what is going on outside of my "local". It's great that the Bay area is doing good, but have you looked at the total mess the California state budget is in? I live in Illinois and our state budget is facing a huge budget short falling and I know of two small businesses that have closed in the last six months resulting in at least 10 people losing full time jobs. There was a small trucking company that has been family owned and operated for 20 years that has had annual revenue of $500,000 a year but has closed shop this year because the cost of running a business has climbed to the point where it makes more sense to not work. According to current administration he is "rich" but after reviewing his books and writing a software program to help him track miles on his trucks I can tell you that $500,000 in revenue is not anywhere close to him being rich or making $500,000. This last year after paying salary, workers comp, social security, taxes, insurance, fees he will clear less than $35,000 running this company. With the new health care fees and taxes going into effect he had to drop all coverage for his employees and even then it's still not worth keeping the company going. At the end of the day he felt like he was being punished for running a business and attempting to be successful. I know how much everyone in the Bay area hates truckers and the use of oil, but these truckers play a vital part in getting grain from the fields to the processing plants and I hope everyone enjoys paying more for food in the next few years. My old man once said that all politics are local and that I should be careful to put much emphasis on what is going on outside of my “local”.

It’s great that the Bay area is doing good, but have you looked at the total mess the California state budget is in? I live in Illinois and our state budget is facing a huge budget short falling and I know of two small businesses that have closed in the last six months resulting in at least 10 people losing full time jobs.

There was a small trucking company that has been family owned and operated for 20 years that has had annual revenue of $500,000 a year but has closed shop this year because the cost of running a business has climbed to the point where it makes more sense to not work. According to current administration he is “rich” but after reviewing his books and writing a software program to help him track miles on his trucks I can tell you that $500,000 in revenue is not anywhere close to him being rich or making $500,000. This last year after paying salary, workers comp, social security, taxes, insurance, fees he will clear less than $35,000 running this company. With the new health care fees and taxes going into effect he had to drop all coverage for his employees and even then it’s still not worth keeping the company going. At the end of the day he felt like he was being punished for running a business and attempting to be successful. I know how much everyone in the Bay area hates truckers and the use of oil, but these truckers play a vital part in getting grain from the fields to the processing plants and I hope everyone enjoys paying more for food in the next few years.

]]> By: Money Reasons http://www.financialsamurai.com/2010/07/12/am-i-living-in-a-parallel-universe-the-economy-seems-fine/comment-page-1/#comment-17067 Money Reasons Sun, 07 Nov 2010 05:55:04 +0000 http://www.financialsamurai.com/?p=7768#comment-17067 I still believe the Dow is going to hit 12,000 by year end... With a Republican House, perhaps a bit of confidence will be restored into the business market place? I still believe the Dow is going to hit 12,000 by year end…

With a Republican House, perhaps a bit of confidence will be restored into the business market place?

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