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Old 01-05-2010, 08:50 PM   #1
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Default Just got screwed again...

Thanks to this crappy economy I just got notified that my trust fund will not be paying out for the second year in a row...there goes about 1/2 to 3/4 of my planned income for the year up in smoke (literally)...just when ya think it can't get any worse, guess again...it can......I got chest pains just thinking about it...
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Old 01-05-2010, 10:16 PM   #2
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Default Re: Just got screwed again...

that sucks man, dunno what to say except, sorry and I hope something works out for you
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Old 01-05-2010, 10:33 PM   #3
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Default Re: Just got screwed again...

Maybe its a sign.. motivation to become a baker.
























or at least make your own dough.


Sorry to hear of your decreased cash flow.
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Old 01-05-2010, 10:37 PM   #4
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Default Re: Just got screwed again...

That sucks!!!
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Old 01-05-2010, 11:37 PM   #5
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Default Re: Just got screwed again...

Ya know, normally I don't air this kind of stuff, but with the events of the last two years, Marie's illness and recovery and my illnesses, getting hit like this two years in a row is really getting to me...it's like if I don't tell something to someone my heads gonna explode...this is really getting to me...I didn't expect that when I finally reached my 60's my life would go to hell in a handbasket...thought I had everything pretty well covered and to loose so much because of outside forces really sucks...I just don't know which way to turn to try and get things unstuck...Marie and I were going to get married this year but now that's out (been living together for nine years)...and now I hafta worry what's gonna happen twelve months from now if there's not been a major recovery...how the hell do you start over again at age 63?
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Old 01-06-2010, 01:06 AM   #6
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Default Re: Just got screwed again...

I'll be praying for you Marc that you will get guidance from the Lord.
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Old 01-07-2010, 07:25 AM   #7
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Default Re: Just got screwed again...

Quote:
Originally Posted by Da Klugs View Post
Maybe its a sign.. motivation to become a baker.
























or at least make your own dough.


Sorry to hear of your decreased cash flow.
I want me a trust fund.
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Old 01-07-2010, 12:43 PM   #8
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Default Re: Just got screwed again...

Quote:
Originally Posted by Scottw View Post
I want me a trust fund.
Not when it doesn't pay out, you don't...especially if you depend on it as regular income and not just disposable income...
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Old 01-07-2010, 01:28 PM   #9
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Default Re: Just got screwed again...

Hopefully things turn around for you this year, but in the mean time
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Old 01-07-2010, 10:41 PM   #10
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Default Re: Just got screwed again...

Quote:
Originally Posted by Commander Quan View Post
Hopefully things turn around for you this year, but in the mean time
They not only moved my cheese but they ate the whole freakin' lot of it...
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Old 01-07-2010, 11:30 PM   #11
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Default Re: Just got screwed again...

Quote:
Originally Posted by Commander Quan View Post
Hopefully things turn around for you this year, but in the mean time
Lets hope the market continues the upward swing and you get back to normal in 2011, know that doenst help this year but ill be thinking about you as the year goes on.

As for the book above maybe a fellow dave ramsey listener?
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Old 01-06-2010, 03:00 PM   #12
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Default Re: Just got screwed again...

Sorry to hear that..
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Old 01-06-2010, 03:01 PM   #13
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Default Re: Just got screwed again...

Sorry to hear brother.
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Old 01-06-2010, 03:38 PM   #14
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Default Re: Just got screwed again...

I feel your pain. I am in the same situation with a trust income(not a big one, but every little bit helps) It was cut in half last year and I haven't heard the status for this year yet. Working two jobs...actually two of the four jobs available in this town and I feel blessed that I have two of them...but they are pt and small pay. I think back to my 20's-this was in the 70's when unemployement was so high, I was out of a job for almost a year and I had to go home and live with my mother for two months after being evicted...ACK!! So I look back at how tough things were then and I know that things can get better now. Be patient, my friend, and trust in God, or your friends, or your family and it will get better.
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Old 01-06-2010, 05:19 PM   #15
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Default Re: Just got screwed again...

I'm sorry to hear of your misfortune brother.
I'll be praying for you and yours.
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Old 01-06-2010, 05:55 PM   #16
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Default Re: Just got screwed again...

Cranking up the prayers, brother.
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Old 01-06-2010, 07:44 PM   #17
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Default Re: Just got screwed again...

Sorry to hear brother.
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Old 01-06-2010, 07:53 PM   #18
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Default Re: Just got screwed again...

Sorry to hear. Hang in there and prayers sent for you, all in similar situations and our country that things improve soon.
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Old 01-06-2010, 08:23 PM   #19
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Default Re: Just got screwed again...

Will keep you in my prayers.

Peace of the Lord be with you.
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Old 01-06-2010, 09:14 PM   #20
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Default Re: Just got screwed again...

It's been a rough year and a half for most everyone and it sounds like you're around my age. This may be small consolation but remember to let your accountant know about your losses so you can claim that on your taxes. We did that on ours and it made the difference about not having to pay any taxes which saved us a few thousand dollars. Get with your money people and get involved with where your money is going, how it's being handled. In this financial year it doesn't appear that being aggressive is the right road to go down. There can still be a financial gain in your portfolio but you may have to settle for 5% instead of what used to be. If your financial guy doesnt have a plan of action for you I'd see about finding a new one before he keeps losing more of your money. Just my 2 cents.
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