On Saturday, July 22, 2017 at 2:49:07 AM UTC-5, dsi1 wrote:
....
>
> A guy that's been orchestrating the worst real estate transaction in the history of America is no longer qualified to use the word "duh" in such a condescending manner. If your think that China has all our money and property, you ain't seen nothing yet. Mostly they're going to upgrade the properties they own by making smart purchases instead of stupid ones and replacing bad property with better ones. Thanks for helping them out with their investments.
>
> http://www.scmp.com/property/hong-ko...ts-record-high

I'm buying a small chunk of the U.S. BACK from China!! Your priorities about "real estate deals" is perverse!! All YOU care about it seems is your DOLLARS!

I can tell you, the rich Chinese are redefining SLUMLORD!! After getting these two central A/C systems installed in this house, probably when they picked it up CHEAP on foreclosure in 2008 my CHEAP CHINESE SLUMLORD has not have the systems cleaned or maintained, and I JUST DID!! The first floor A/C unit would NOT even maintain 77F with it was 90F outside, and NOW it maintains 77F easily when it's 100F outside!! This house was dissolving into dust under the stewardship of the cheap Chinese!

Not anymore baby! There's a new sheriff in town

John Kuthe...

On Saturday, July 22, 2017 at 5:40:38 AM UTC-5, Jill McQuown wrote:
> On 7/21/2017 10:00 PM, Alex wrote:
> > Dumping Pfizer was a bad move. I've made over $100K from that stock in
> > the last 15 years to help fund my early retirement.
>
> I'm reminded of a very poor decision my father made many years ago. He
> was usually very shrewd about investments. But when Federal Express
> (now known as Fed-Ex) offered their first IPO it was suggested he buy a
> few shares. I remember him scoffing at the whole idea: "Who needs
> anything delivered overnight?" A couple of years later he was kicking
> himself.
>
> Jill

We ALL wish we would have bought stocks in (whatever) way back then!!

Pick the NEW best thing evah!! I'm thinking of Tesla and other electric car stocks!

John Kuthe...

On Saturday, July 22, 2017 at 3:59:50 AM UTC-10, John Kuthe wrote:
> On Saturday, July 22, 2017 at 2:49:07 AM UTC-5, dsi1 wrote:
> ...
> >
> > A guy that's been orchestrating the worst real estate transaction in the history of America is no longer qualified to use the word "duh" in such a condescending manner. If your think that China has all our money and property, you ain't seen nothing yet. Mostly they're going to upgrade the properties they own by making smart purchases instead of stupid ones and replacing bad property with better ones. Thanks for helping them out with their investments.
> >
> > http://www.scmp.com/property/hong-ko...ts-record-high
>
> I'm buying a small chunk of the U.S. BACK from China!! Your priorities about "real estate deals" is perverse!! All YOU care about it seems is your DOLLARS!
>
> I can tell you, the rich Chinese are redefining SLUMLORD!! After getting these two central A/C systems installed in this house, probably when they picked it up CHEAP on foreclosure in 2008 my CHEAP CHINESE SLUMLORD has not have the systems cleaned or maintained, and I JUST DID!! The first floor A/C unit would NOT even maintain 77F with it was 90F outside, and NOW it maintains 77F easily when it's 100F outside!! This house was dissolving into dust under the stewardship of the cheap Chinese!
>
> Not anymore baby! There's a new sheriff in town
>
> John Kuthe...

Have fun sheriffing your little fiefdom. My guess is that it'll be hell for the tenants.

dsi1 wrote in rec.food.cooking:

> On Saturday, July 22, 2017 at 3:59:50 AM UTC-10, John Kuthe wrote:
> > On Saturday, July 22, 2017 at 2:49:07 AM UTC-5, dsi1 wrote:
> > ...
> > >
> > > A guy that's been orchestrating the worst real estate transaction
> > > in the history of America is no longer qualified to use the word
> > > "duh" in such a condescending manner. If your think that China
> > > has all our money and property, you ain't seen nothing yet.
> > > Mostly they're going to upgrade the properties they own by making
> > > smart purchases instead of stupid ones and replacing bad property
> > > with better ones. Thanks for helping them out with their
> > > investments.
> > >
> > > http://www.scmp.com/property/hong-ko.../2103314/chine
> > > se-buying-us-residential-property-hits-record-high
> >
> > I'm buying a small chunk of the U.S. BACK from China!! Your
> > priorities about "real estate deals" is perverse!! All YOU care
> > about it seems is your DOLLARS!
> >
> > I can tell you, the rich Chinese are redefining SLUMLORD!! After
> > getting these two central A/C systems installed in this house,
> > probably when they picked it up CHEAP on foreclosure in 2008 my
> > CHEAP CHINESE SLUMLORD has not have the systems cleaned or
> > maintained, and I JUST DID!! The first floor A/C unit would NOT
> > even maintain 77F with it was 90F outside, and NOW it maintains 77F
> > easily when it's 100F outside!! This house was dissolving into dust
> > under the stewardship of the cheap Chinese!
> >
> > Not anymore baby! There's a new sheriff in town
> >
> > John Kuthe...
>
> Have fun sheriffing your little fiefdom. My guess is that it'll be
> hell for the tenants.

ds1, he's basically got a house and has roomates. Its not a new
situaton. The difference is now they get some things fixed up a bit.

--

On Sat, 22 Jul 2017 06:59:44 -0700 (PDT), John Kuthe wrote:

> I'm buying a small chunk of the U.S. BACK from China!! Your
> priorities about "real estate deals" is perverse!! All YOU care
> about it seems is your DOLLARS!
>
> I can tell you, the rich Chinese are redefining SLUMLORD!! After
> getting these two central A/C systems installed in this house,
> probably when they picked it up CHEAP on foreclosure in 2008 my
> CHEAP CHINESE SLUMLORD has not have the systems cleaned or
> maintained, and I JUST DID!! The first floor A/C unit would NOT
> even maintain 77F with it was 90F outside, and NOW it maintains 77F
> easily when it's 100F outside!! This house was dissolving into dust
> under the stewardship of the cheap Chinese!
>
> Not anymore baby! There's a new sheriff in town

If I were standing in front of you I'd probably be punching you in
your face. This has nothing to do with "The Cheap Chinese".
Landlords of all races are frugal with their properties. You're just
an obnoxious, racist asshole.

-sw

dsi1 > wrote:
> On Saturday, July 22, 2017 at 3:59:50 AM UTC-10, John Kuthe wrote:
>> On Saturday, July 22, 2017 at 2:49:07 AM UTC-5, dsi1 wrote:
>> ...
>>>
>>> A guy that's been orchestrating the worst real estate transaction in
>>> the history of America is no longer qualified to use the word "duh" in
>>> such a condescending manner. If your think that China has all our money
>>> and property, you ain't seen nothing yet. Mostly they're going to
>>> upgrade the properties they own by making smart purchases instead of
>>> stupid ones and replacing bad property with better ones. Thanks for
>>> helping them out with their investments.
>>>
>>> http://www.scmp.com/property/hong-ko...ts-record-high
>>
>> I'm buying a small chunk of the U.S. BACK from China!! Your priorities
>> about "real estate deals" is perverse!! All YOU care about it seems is your DOLLARS!
>>
>> I can tell you, the rich Chinese are redefining SLUMLORD!! After getting
>> these two central A/C systems installed in this house, probably when
>> they picked it up CHEAP on foreclosure in 2008 my CHEAP CHINESE SLUMLORD
>> has not have the systems cleaned or maintained, and I JUST DID!! The
>> first floor A/C unit would NOT even maintain 77F with it was 90F
>> outside, and NOW it maintains 77F easily when it's 100F outside!! This
>> house was dissolving into dust under the stewardship of the cheap Chinese!
>>
>> Not anymore baby! There's a new sheriff in town
>>
>> John Kuthe...
>
> Have fun sheriffing your little fiefdom. My guess is that it'll be hell for the tenants.
>

Most especially, for the female ones.

--
jinx the minx

On Saturday, July 22, 2017 at 2:45:59 PM UTC-5, Jinx the Minx wrote:
....
>
> Most especially, for the female ones.
>
> --
> jinx the minx

Actually, the two cutest ones would rather pay their rent to me than to our Cheap Chinese Landlord, and did for July 2017, but I told them they should go ahead and pay rent to our Chinese SLUMLORD as we just extended the date of closing until early October 2017 I believe. They LIKE the improvements I'm making around here!

John Kuthe...

On 7/22/2017 11:26 AM, Sqwertz wrote:
> On Sat, 22 Jul 2017 06:59:44 -0700 (PDT), John Kuthe wrote:
>
>> I'm buying a small chunk of the U.S. BACK from China!! Your
>> priorities about "real estate deals" is perverse!! All YOU care
>> about it seems is your DOLLARS!
>>
>> I can tell you, the rich Chinese are redefining SLUMLORD!! After
>> getting these two central A/C systems installed in this house,
>> probably when they picked it up CHEAP on foreclosure in 2008 my
>> CHEAP CHINESE SLUMLORD has not have the systems cleaned or
>> maintained, and I JUST DID!! The first floor A/C unit would NOT
>> even maintain 77F with it was 90F outside, and NOW it maintains 77F
>> easily when it's 100F outside!! This house was dissolving into dust
>> under the stewardship of the cheap Chinese!
>>
>> Not anymore baby! There's a new sheriff in town
>
> If I were standing in front of you I'd probably be punching you in
> your face. This has nothing to do with "The Cheap Chinese".
> Landlords of all races are frugal with their properties. You're just
> an obnoxious, racist asshole.
>
> -sw
>


CERTAIN landlords of any race or nationality are frugal with their
properties. Some are cheap. Some are downright slumlords.

But not all landlords fit any of these descriptions.

On Saturday, July 22, 2017 at 7:51:46 AM UTC-10, cshenk wrote:
> dsi1 wrote in rec.food.cooking:
>
> > On Saturday, July 22, 2017 at 3:59:50 AM UTC-10, John Kuthe wrote:
> > > On Saturday, July 22, 2017 at 2:49:07 AM UTC-5, dsi1 wrote:
> > > ...
> > > >
> > > > A guy that's been orchestrating the worst real estate transaction
> > > > in the history of America is no longer qualified to use the word
> > > > "duh" in such a condescending manner. If your think that China
> > > > has all our money and property, you ain't seen nothing yet.
> > > > Mostly they're going to upgrade the properties they own by making
> > > > smart purchases instead of stupid ones and replacing bad property
> > > > with better ones. Thanks for helping them out with their
> > > > investments.
> > > >
> > > > http://www.scmp.com/property/hong-ko.../2103314/chine
> > > > se-buying-us-residential-property-hits-record-high
> > >
> > > I'm buying a small chunk of the U.S. BACK from China!! Your
> > > priorities about "real estate deals" is perverse!! All YOU care
> > > about it seems is your DOLLARS!
> > >
> > > I can tell you, the rich Chinese are redefining SLUMLORD!! After
> > > getting these two central A/C systems installed in this house,
> > > probably when they picked it up CHEAP on foreclosure in 2008 my
> > > CHEAP CHINESE SLUMLORD has not have the systems cleaned or
> > > maintained, and I JUST DID!! The first floor A/C unit would NOT
> > > even maintain 77F with it was 90F outside, and NOW it maintains 77F
> > > easily when it's 100F outside!! This house was dissolving into dust
> > > under the stewardship of the cheap Chinese!
> > >
> > > Not anymore baby! There's a new sheriff in town
> > >
> > > John Kuthe...
> >
> > Have fun sheriffing your little fiefdom. My guess is that it'll be
> > hell for the tenants.
>
> ds1, he's basically got a house and has roomates. Its not a new
> situaton. The difference is now they get some things fixed up a bit.
>
> --

I don't see it that way. The way I see it, everything has changed.

On Saturday, July 22, 2017 at 9:45:59 AM UTC-10, Jinx the Minx wrote:
> dsi1 <dsiyahoo.com> wrote:
> > On Saturday, July 22, 2017 at 3:59:50 AM UTC-10, John Kuthe wrote:
> >> On Saturday, July 22, 2017 at 2:49:07 AM UTC-5, dsi1 wrote:
> >> ...
> >>>
> >>> A guy that's been orchestrating the worst real estate transaction in
> >>> the history of America is no longer qualified to use the word "duh" in
> >>> such a condescending manner. If your think that China has all our money
> >>> and property, you ain't seen nothing yet. Mostly they're going to
> >>> upgrade the properties they own by making smart purchases instead of
> >>> stupid ones and replacing bad property with better ones. Thanks for
> >>> helping them out with their investments.
> >>>
> >>> http://www.scmp.com/property/hong-ko...ts-record-high
> >>
> >> I'm buying a small chunk of the U.S. BACK from China!! Your priorities
> >> about "real estate deals" is perverse!! All YOU care about it seems is your DOLLARS!
> >>
> >> I can tell you, the rich Chinese are redefining SLUMLORD!! After getting
> >> these two central A/C systems installed in this house, probably when
> >> they picked it up CHEAP on foreclosure in 2008 my CHEAP CHINESE SLUMLORD
> >> has not have the systems cleaned or maintained, and I JUST DID!! The
> >> first floor A/C unit would NOT even maintain 77F with it was 90F
> >> outside, and NOW it maintains 77F easily when it's 100F outside!! This
> >> house was dissolving into dust under the stewardship of the cheap Chinese!
> >>
> >> Not anymore baby! There's a new sheriff in town
> >>
> >> John Kuthe...
> >
> > Have fun sheriffing your little fiefdom. My guess is that it'll be hell for the tenants.
> >
>
> Most especially, for the female ones.
>
> --
> jinx the minx

But only the cutest ones.

"First you get the money, then you get the power, then you get the women."

On 7/22/2017 2:52 PM, dsi1 wrote:
> On Saturday, July 22, 2017 at 9:45:59 AM UTC-10, Jinx the Minx wrote:
>> dsi1 <dsiyahoo.com> wrote:
>>> On Saturday, July 22, 2017 at 3:59:50 AM UTC-10, John Kuthe wrote:
>>>> On Saturday, July 22, 2017 at 2:49:07 AM UTC-5, dsi1 wrote:
>>>> ...
>>>>>
>>>>> A guy that's been orchestrating the worst real estate transaction in
>>>>> the history of America is no longer qualified to use the word "duh" in
>>>>> such a condescending manner. If your think that China has all our money
>>>>> and property, you ain't seen nothing yet. Mostly they're going to
>>>>> upgrade the properties they own by making smart purchases instead of
>>>>> stupid ones and replacing bad property with better ones. Thanks for
>>>>> helping them out with their investments.
>>>>>
>>>>> http://www.scmp.com/property/hong-ko...ts-record-high
>>>>
>>>> I'm buying a small chunk of the U.S. BACK from China!! Your priorities
>>>> about "real estate deals" is perverse!! All YOU care about it seems is your DOLLARS!
>>>>
>>>> I can tell you, the rich Chinese are redefining SLUMLORD!! After getting
>>>> these two central A/C systems installed in this house, probably when
>>>> they picked it up CHEAP on foreclosure in 2008 my CHEAP CHINESE SLUMLORD
>>>> has not have the systems cleaned or maintained, and I JUST DID!! The
>>>> first floor A/C unit would NOT even maintain 77F with it was 90F
>>>> outside, and NOW it maintains 77F easily when it's 100F outside!! This
>>>> house was dissolving into dust under the stewardship of the cheap Chinese!
>>>>
>>>> Not anymore baby! There's a new sheriff in town
>>>>
>>>> John Kuthe...
>>>
>>> Have fun sheriffing your little fiefdom. My guess is that it'll be hell for the tenants.
>>>
>>
>> Most especially, for the female ones.
>>
>> --
>> jinx the minx
>
> But only the cutest ones.
>
> "First you get the money, then you get the power, then you get the women."
>

Then you blow your money, then you have no power, then the women are
gone too.

On 7/22/2017 12:26 PM, Sqwertz wrote:
> If I were standing in front of you I'd probably be punching you in
> your face.


Steve Wertz - unrepentant woman stalker and total head case begging poor
Omelet to shoot him with a sniper rifle in austin.food:

-----------------------------------------------------------------------------------
ost
>
3/18/2011 3:49 PM
Microsoft Internet News 4.70.1162
readnews.com - News for Geeks and ISPs
fa35d278.newsreader.readnews.com


Sorry I don't fit either of your Ideal Psycho Pal Profiles.

-sw
---------------------------------------------------------------------------------------

I'd prefer you use a sniper rifle on me from a few hundred yards away.
There you go - a reason for you to buy yet another gun and ammo.

----------------------------------------------------------------------------------------

On 7/22/2017 5:48 PM, Sqwertz wrote:
> On Sat, 22 Jul 2017 13:25:24 -0700, Taxed and Spent wrote:
>
>> On 7/22/2017 11:26 AM, Sqwertz wrote:
>>
>>> If I were standing in front of you I'd probably be punching you in
>>> your face. This has nothing to do with "The Cheap Chinese".
>>> Landlords of all races are frugal with their properties. You're just
>>> an obnoxious, racist asshole.
>>
>> CERTAIN landlords of any race or nationality are frugal with their
>> properties. Some are cheap. Some are downright slumlords.
>>
>> But not all landlords fit any of these descriptions.
>
> Yes, I never implied it was ALL landlords.
>
> When you rent rooms to college students, you are not trying to keep
> long term tenants who will care too much about the condition of the
> house. They typically spend little time at house. John is probably
> the only one who actually uses much of the common areas, and I get the
> impression he's there most of the day. Which is not the ideal
> landlord situation.
>
> -sw
>

I don't think this is the typical landlord situation. John is more than
landlord, he is surrogate parent. That can be good or bad but most
collage kids will look up to an adult that is not their parent. He may
be just what the kids need.

As I've stated before, John is not buying a house, he is buying a
lifestyle. Could even be a reality TV show in 2019. Students of St.
St. Louis or College Kamp Out or Student Sleepover. Maybe it will be
Morals Decending.

In spite of the ridicule, I really hope he is successful and even has a
positive influence on the kids. Given his degrees, he would at least
encourage them to get an education.

On Saturday, July 22, 2017 at 12:16:37 PM UTC-10, Taxed and Spent wrote:
> On 7/22/2017 2:52 PM, dsi1 wrote:
> > On Saturday, July 22, 2017 at 9:45:59 AM UTC-10, Jinx the Minx wrote:
> >> dsi1 <dsiyahoo.com> wrote:
> >>> On Saturday, July 22, 2017 at 3:59:50 AM UTC-10, John Kuthe wrote:
> >>>> On Saturday, July 22, 2017 at 2:49:07 AM UTC-5, dsi1 wrote:
> >>>> ...
> >>>>>
> >>>>> A guy that's been orchestrating the worst real estate transaction in
> >>>>> the history of America is no longer qualified to use the word "duh" in
> >>>>> such a condescending manner. If your think that China has all our money
> >>>>> and property, you ain't seen nothing yet. Mostly they're going to
> >>>>> upgrade the properties they own by making smart purchases instead of
> >>>>> stupid ones and replacing bad property with better ones. Thanks for
> >>>>> helping them out with their investments.
> >>>>>
> >>>>> http://www.scmp.com/property/hong-ko...ts-record-high
> >>>>
> >>>> I'm buying a small chunk of the U.S. BACK from China!! Your priorities
> >>>> about "real estate deals" is perverse!! All YOU care about it seems is your DOLLARS!
> >>>>
> >>>> I can tell you, the rich Chinese are redefining SLUMLORD!! After getting
> >>>> these two central A/C systems installed in this house, probably when
> >>>> they picked it up CHEAP on foreclosure in 2008 my CHEAP CHINESE SLUMLORD
> >>>> has not have the systems cleaned or maintained, and I JUST DID!! The
> >>>> first floor A/C unit would NOT even maintain 77F with it was 90F
> >>>> outside, and NOW it maintains 77F easily when it's 100F outside!! This
> >>>> house was dissolving into dust under the stewardship of the cheap Chinese!
> >>>>
> >>>> Not anymore baby! There's a new sheriff in town
> >>>>
> >>>> John Kuthe...
> >>>
> >>> Have fun sheriffing your little fiefdom. My guess is that it'll be hell for the tenants.
> >>>
> >>
> >> Most especially, for the female ones.
> >>
> >> --
> >> jinx the minx
> >
> > But only the cutest ones.
> >
> > "First you get the money, then you get the power, then you get the women."
> >
>
> Then you blow your money, then you have no power, then the women are
> gone too.

We don't talk about that part.

dsi1 wrote:
> On Friday, July 21, 2017 at 5:02:42 PM UTC-10, Alex wrote:
>> Sqwertz wrote:
>>> On Fri, 21 Jul 2017 22:00:24 -0400, Alex wrote:
>>>
>>>> Dumping Pfizer was a bad move. I've made over $100K from that stock in
>>>> the last 15 years to help fund my early retirement.
>>> Ripping people off is always profitable. You can't go wrong owning
>>> the same stocks as Congress.
>>>
>>> -sw
>> The US lets that happen. You can buy their products in other countries
>> for a hell of a lot less.
> Like India!

Or even Canada.

Ed Pawlowski wrote:
> On 7/21/2017 9:57 PM, Alex wrote:
>
>>
>> That would depend on the language of the trust. Some have no
>> timeline. What you are referring to is often the case for children so
>> they don't blow it all at once.
>
> Sure you can. Ever see the ads "I need cash now" call J G Wentworth.
>
> They take structured settlements and annuities and give you cash.
> Probably 89% interest. Sleazy thieves.


That's just bad economics.

jmcquown wrote:
> On 7/21/2017 10:00 PM, Alex wrote:
>> Dumping Pfizer was a bad move. I've made over $100K from that stock in
>> the last 15 years to help fund my early retirement.
>
> I'm reminded of a very poor decision my father made many years ago.
> He was usually very shrewd about investments. But when Federal
> Express (now known as Fed-Ex) offered their first IPO it was suggested
> he buy a few shares. I remember him scoffing at the whole idea: "Who
> needs anything delivered overnight?" A couple of years later he was
> kicking himself.
>
> Jill

There are as many people who have made it big buying IPO's as there are
who have lost a lot. I got in the Go Pro IPO and made a few bucks and
was lucky to sell when I did. Same with Blue Buffalo. He didn't lose
anything by passing. IPO's are a gamble.

Taxed and Spent wrote:
> On 7/21/2017 6:57 PM, Alex wrote:
>> Taxed and Spent wrote:
>>> On 7/21/2017 9:30 AM, Dave Smith wrote:
>>>> On 2017-07-20 8:03 PM, Taxed and Spent wrote:
>>>>> On 7/20/2017 4:13 PM, Alex wrote:
>>>>
>>>>>> You should move some, or all, to a Roth IRA so you can collect the
>>>>>> money
>>>>>> tax-free at retirement time.
>>>>>>
>>>>>
>>>>>
>>>>> Doesn't that require the payment of a bunch of taxes NOW? It may not
>>>>> make sense.
>>>>
>>>>
>>>> I make no claim to knowing who retirement plans work in the US but up
>>>> here a common vehicle is the Registered Retirement Savings Plan
>>>> (RRSP).
>>>> You can sock money away into them and each year you can deduct that
>>>> amount from your taxable income... to a limit. It is a tax deferral
>>>> system. You have to pay income tax on it when you draw it out. I guess
>>>> the idea is that you sock that money away during good years, the big
>>>> income days when you would be paying the higher tax rates. Then you
>>>> start cashing them in after retirement when your income is likely
>>>> to be
>>>> about half what it was when working. You then pay the income tax at a
>>>> lower rate. Some people try to make do on their pensions and leave
>>>> the
>>>> money in RRSPs until they have to take them out or convert them
>>>> another
>>>> vehicle. Pity the heirs to estates of people who have lots of money
>>>> tucked away in deferral plans and then die early so that they are all
>>>> cashed in the same year and pay even higher tax rates.
>>>>
>>>>
>>>
>>>
>>> In the US, heirs can receive payouts over a number of years. With
>>> complex rules to determine the number of years, of course.
>>>
>>
>> That would depend on the language of the trust. Some have no timeline.
>> What you are referring to is often the case for children so they don't
>> blow it all at once.
>>
>
> I was referring to inherited retirement accounts.

So was I. Depends on the language in the trust.

Taxed and Spent wrote:
> On 7/21/2017 6:53 PM, Alex wrote:
>> Taxed and Spent wrote:
>>> On 7/20/2017 5:15 PM, Alex wrote:
>>>> Taxed and Spent wrote:
>>>>> On 7/20/2017 4:13 PM, Alex wrote:
>>>>>> John Kuthe wrote:
>>>>>>> On Wednesday, July 19, 2017 at 6:05:49 PM UTC-5, Alex wrote:
>>>>>>> ...
>>>>>>>> You never contributed to an IRA or 401K? Guess you worshiped all
>>>>>>>> of the
>>>>>>>> money you made rather than planning for your future!
>>>>>>> I HAD a good 401K when I worked for IBM in the late 1990's until
>>>>>>> June 2002 when IBM laid off 15,001 workers worldwide and I was THE
>>>>>>> ONE! Then as I has been pursuing an aggressive credit card debt
>>>>>>> repayment program, but now without m,y good IBM income I liquidated
>>>>>>> my entire IBM 401K, paid off ALL my credit cars and had a bunch
>>>>>>> left
>>>>>>> over so I spent most of the Spring of 2003 "down my the river in my
>>>>>>> 1994 Chrysler Caravan!" Because it kept raining down there and
>>>>>>> bringing the river up again and I decided to just starting to
>>>>>>> pack a
>>>>>>> big cooler with supplies for up up four days was the longest I
>>>>>>> stayed down there before driving back and rebooting my cooler! (Man
>>>>>>> I miss those days!)
>>>>>>>
>>>>>>> Now I just have a "bunch of stocks" (and I will NOT say how much,
>>>>>>> but suffice to say it's "a bunch!"
>>>>>>>
>>>>>>> In addition to the $150,000 worth of the most heinous stocks that I
>>>>>>> sold to buy and fix up this house!
>>>>>>>
>>>>>>> John Kuth...
>>>>>>
>>>>>> You should move some, or all, to a Roth IRA so you can collect the
>>>>>> money
>>>>>> tax-free at retirement time.
>>>>>>
>>>>>
>>>>>
>>>>> Doesn't that require the payment of a bunch of taxes NOW? It may not
>>>>> make sense.
>>>>
>>>> No. It was tax-free money that he inherited.
>>>>
>>>
>>> I thought you were suggesting he move from a traditional IRA to a
>>> ROTH. You said nothing like that, but that is all the rage these
>>> days. My bad.
>>
>> With the future always so uncertain, that would be a bad move!
>>
>
> I agree - it is only a matter of time before ROTHs are taxed.

That would be a difficult move. By definition, they are not taxed at
the time of redemption. If a change is made, they would have to
grandfather the accounts in place.

On 7/22/2017 10:09 PM, Alex wrote:
> Taxed and Spent wrote:
>> On 7/21/2017 6:53 PM, Alex wrote:
>>> Taxed and Spent wrote:
>>>> On 7/20/2017 5:15 PM, Alex wrote:
>>>>> Taxed and Spent wrote:
>>>>>> On 7/20/2017 4:13 PM, Alex wrote:
>>>>>>> John Kuthe wrote:
(snipped a bunch of stuff)

I would suggest all of the above speak to some licensed financial
advisors. Don't just guess about things like this.

Jill

On 7/22/2017 10:05 PM, Alex wrote:
> jmcquown wrote:
>> On 7/21/2017 10:00 PM, Alex wrote:
>>> Dumping Pfizer was a bad move. I've made over $100K from that stock in
>>> the last 15 years to help fund my early retirement.
>>
>> I'm reminded of a very poor decision my father made many years ago. He
>> was usually very shrewd about investments. But when Federal Express
>> (now known as Fed-Ex) offered their first IPO it was suggested he buy
>> a few shares. I remember him scoffing at the whole idea: "Who needs
>> anything delivered overnight?" A couple of years later he was kicking
>> himself.
>>
>> Jill
>
> There are as many people who have made it big buying IPO's as there are
> who have lost a lot. I got in the Go Pro IPO and made a few bucks and
> was lucky to sell when I did. Same with Blue Buffalo. He didn't lose
> anything by passing. IPO's are a gamble.
>
The difference would be I don't know what "Go Pro" is. I'm pretty sure
Fed-Ex has been a global name and service for decades.

Blue Buffalo... is that pet food?

Jill

On 7/22/2017 7:09 PM, Alex wrote:
> Taxed and Spent wrote:
>> On 7/21/2017 6:53 PM, Alex wrote:
>>> Taxed and Spent wrote:
>>>> On 7/20/2017 5:15 PM, Alex wrote:
>>>>> Taxed and Spent wrote:
>>>>>> On 7/20/2017 4:13 PM, Alex wrote:
>>>>>>> John Kuthe wrote:
>>>>>>>> On Wednesday, July 19, 2017 at 6:05:49 PM UTC-5, Alex wrote:
>>>>>>>> ...
>>>>>>>>> You never contributed to an IRA or 401K? Guess you worshiped all
>>>>>>>>> of the
>>>>>>>>> money you made rather than planning for your future!
>>>>>>>> I HAD a good 401K when I worked for IBM in the late 1990's until
>>>>>>>> June 2002 when IBM laid off 15,001 workers worldwide and I was THE
>>>>>>>> ONE! Then as I has been pursuing an aggressive credit card debt
>>>>>>>> repayment program, but now without m,y good IBM income I liquidated
>>>>>>>> my entire IBM 401K, paid off ALL my credit cars and had a bunch
>>>>>>>> left
>>>>>>>> over so I spent most of the Spring of 2003 "down my the river in my
>>>>>>>> 1994 Chrysler Caravan!" Because it kept raining down there and
>>>>>>>> bringing the river up again and I decided to just starting to
>>>>>>>> pack a
>>>>>>>> big cooler with supplies for up up four days was the longest I
>>>>>>>> stayed down there before driving back and rebooting my cooler! (Man
>>>>>>>> I miss those days!)
>>>>>>>>
>>>>>>>> Now I just have a "bunch of stocks" (and I will NOT say how much,
>>>>>>>> but suffice to say it's "a bunch!"
>>>>>>>>
>>>>>>>> In addition to the $150,000 worth of the most heinous stocks that I
>>>>>>>> sold to buy and fix up this house!
>>>>>>>>
>>>>>>>> John Kuth...
>>>>>>>
>>>>>>> You should move some, or all, to a Roth IRA so you can collect the
>>>>>>> money
>>>>>>> tax-free at retirement time.
>>>>>>>
>>>>>>
>>>>>>
>>>>>> Doesn't that require the payment of a bunch of taxes NOW? It may not
>>>>>> make sense.
>>>>>
>>>>> No. It was tax-free money that he inherited.
>>>>>
>>>>
>>>> I thought you were suggesting he move from a traditional IRA to a
>>>> ROTH. You said nothing like that, but that is all the rage these
>>>> days. My bad.
>>>
>>> With the future always so uncertain, that would be a bad move!
>>>
>>
>> I agree - it is only a matter of time before ROTHs are taxed.
>
> That would be a difficult move. By definition, they are not taxed at
> the time of redemption. If a change is made, they would have to
> grandfather the accounts in place.
>

No they wouldn't. They just pass a law.

On 7/22/2017 7:07 PM, Alex wrote:
> Taxed and Spent wrote:
>> On 7/21/2017 6:57 PM, Alex wrote:
>>> Taxed and Spent wrote:
>>>> On 7/21/2017 9:30 AM, Dave Smith wrote:
>>>>> On 2017-07-20 8:03 PM, Taxed and Spent wrote:
>>>>>> On 7/20/2017 4:13 PM, Alex wrote:
>>>>>
>>>>>>> You should move some, or all, to a Roth IRA so you can collect the
>>>>>>> money
>>>>>>> tax-free at retirement time.
>>>>>>>
>>>>>>
>>>>>>
>>>>>> Doesn't that require the payment of a bunch of taxes NOW? It may not
>>>>>> make sense.
>>>>>
>>>>>
>>>>> I make no claim to knowing who retirement plans work in the US but up
>>>>> here a common vehicle is the Registered Retirement Savings Plan
>>>>> (RRSP).
>>>>> You can sock money away into them and each year you can deduct that
>>>>> amount from your taxable income... to a limit. It is a tax deferral
>>>>> system. You have to pay income tax on it when you draw it out. I guess
>>>>> the idea is that you sock that money away during good years, the big
>>>>> income days when you would be paying the higher tax rates. Then you
>>>>> start cashing them in after retirement when your income is likely
>>>>> to be
>>>>> about half what it was when working. You then pay the income tax at a
>>>>> lower rate. Some people try to make do on their pensions and leave
>>>>> the
>>>>> money in RRSPs until they have to take them out or convert them
>>>>> another
>>>>> vehicle. Pity the heirs to estates of people who have lots of money
>>>>> tucked away in deferral plans and then die early so that they are all
>>>>> cashed in the same year and pay even higher tax rates.
>>>>>
>>>>>
>>>>
>>>>
>>>> In the US, heirs can receive payouts over a number of years. With
>>>> complex rules to determine the number of years, of course.
>>>>
>>>
>>> That would depend on the language of the trust. Some have no timeline.
>>> What you are referring to is often the case for children so they don't
>>> blow it all at once.
>>>
>>
>> I was referring to inherited retirement accounts.
>
> So was I. Depends on the language in the trust.
>

no it doesn't.

On 7/22/2017 7:00 PM, Alex wrote:
> Ed Pawlowski wrote:
>> On 7/21/2017 9:57 PM, Alex wrote:
>>
>>>
>>> That would depend on the language of the trust. Some have no
>>> timeline. What you are referring to is often the case for children so
>>> they don't blow it all at once.
>>
>> Sure you can. Ever see the ads "I need cash now" call J G Wentworth.
>>
>> They take structured settlements and annuities and give you cash.
>> Probably 89% interest. Sleazy thieves.
>
>
> That's just bad economics.
>


Not for J.G.!

On 7/22/2017 7:05 PM, Ed Pawlowski wrote:
>
> I don't think this is the typical landlord situation. John is more than
> landlord, he is surrogate parent. That can be good or bad but most
> collage kids will look up to an adult that is not their parent. He may
> be just what the kids need.
>
> As I've stated before, John is not buying a house, he is buying a
> lifestyle. Could even be a reality TV show in 2019. Students of St.
> St. Louis or College Kamp Out or Student Sleepover. Maybe it will be
> Morals Decending.
>
Why am I suddenly thinking about the movie 'Animal House'? And 'Revenge
of the Nerds'? Oh dear.

> In spite of the ridicule, I really hope he is successful and even has a
> positive influence on the kids. Given his degrees, he would at least
> encourage them to get an education.

One can only hope, Ed. One can only hope.

Jill

On 7/22/2017 8:31 PM, jmcquown wrote:
> On 7/22/2017 10:09 PM, Alex wrote:
>> Taxed and Spent wrote:
>>> On 7/21/2017 6:53 PM, Alex wrote:
>>>> Taxed and Spent wrote:
>>>>> On 7/20/2017 5:15 PM, Alex wrote:
>>>>>> Taxed and Spent wrote:
>>>>>>> On 7/20/2017 4:13 PM, Alex wrote:
>>>>>>>> John Kuthe wrote:
> (snipped a bunch of stuff)
>
> I would suggest all of the above speak to some licensed financial
> advisors. Don't just guess about things like this.
>
> Jill
>


I am not guessing, other than that in the future ROTHs will be taxed.

On 7/22/2017 10:23 PM, Wayne Boatwright wrote:
> On Sat 22 Jul 2017 07:00:36p, Alex told us...
>
>> Ed Pawlowski wrote:
>>> On 7/21/2017 9:57 PM, Alex wrote:
>>>
>>>>
>>>> That would depend on the language of the trust. Some have no
>>>> timeline. What you are referring to is often the case for
>>>> children so they don't blow it all at once.
>>>
>>> Sure you can. Ever see the ads "I need cash now" call J G
>>> Wentworth.
>>>
>>> They take structured settlements and annuities and give you cash.
>>> Probably 89% interest. Sleazy thieves.
>>
>>
>> That's just bad economics.
>>
>>
>
> But I like the jingle! :-)
>

The ads are like a music video with young twentysomethings singing and
dancing. Seem geared to the uneducated with an insurance settlement
paid over time. They get the cash now and will be claiming disability
in a few years when the money is gone and they need the medical
treatment. Seems unethical.

On Saturday, July 22, 2017 at 3:25:27 PM UTC-5, Taxed and Spent wrote:
....
> CERTAIN landlords of any race or nationality are frugal with their
> properties. Some are cheap. Some are downright slumlords.
>
> But not all landlords fit any of these descriptions.

I'll give my landlord this: when our water heater shot craps he had it professionally replaced and the new one works great!

But to let his handyman dump gloppy black roofing tar all over the beautiful red clay tiles...

John Kuthe...

On Saturday, July 22, 2017 at 6:05:55 PM UTC-5, Ed Pawlowski wrote:
> On 7/22/2017 5:48 PM, Sqwertz wrote:
> > On Sat, 22 Jul 2017 13:25:24 -0700, Taxed and Spent wrote:
....
> > When you rent rooms to college students, you are not trying to keep
> > long term tenants who will care too much about the condition of the
> > house.

Some do, many don't.

> > They typically spend little time at house. John is probably
> > the only one who actually uses much of the common areas,

No.

> > and I get the
> > impression he's there most of the day. Which is not the ideal
> > landlord situation.
> >
> > -sw
> >
>
> I don't think this is the typical landlord situation. John is more than
> landlord, he is surrogate parent. That can be good or bad but most
> collage kids will look up to an adult that is not their parent. He may
> be just what the kids need.

I try to stress that this is not a role I wish to play. I'fe said to some already I only have two rules to shared living. 1. Pay the rent and utilities on time. and 2. Respect your fellow housemates and their property. I don't have too many undergraduates, more graduate student types who are generally more mature. Not that we never had drunken parties!


>
> As I've stated before, John is not buying a house, he is buying a
> lifestyle. Could even be a reality TV show in 2019. Students of St.
> St. Louis or College Kamp Out or Student Sleepover. Maybe it will be
> Morals Decending.
>
> In spite of the ridicule, I really hope he is successful and even has a
> positive influence on the kids. Given his degrees, he would at least
> encourage them to get an education.

Thanks Ed!

John Kuthe...

"Ed Pawlowski" wrote in message ...

On 7/22/2017 5:48 PM, Sqwertz wrote:
> On Sat, 22 Jul 2017 13:25:24 -0700, Taxed and Spent wrote:
>
>> On 7/22/2017 11:26 AM, Sqwertz wrote:
>>
>>> If I were standing in front of you I'd probably be punching you in
>>> your face. This has nothing to do with "The Cheap Chinese".
>>> Landlords of all races are frugal with their properties. You're just
>>> an obnoxious, racist asshole.
>>
>> CERTAIN landlords of any race or nationality are frugal with their
>> properties. Some are cheap. Some are downright slumlords.
>>
>> But not all landlords fit any of these descriptions.
>
> Yes, I never implied it was ALL landlords.
>
> When you rent rooms to college students, you are not trying to keep
> long term tenants who will care too much about the condition of the
> house. They typically spend little time at house. John is probably
> the only one who actually uses much of the common areas, and I get the
> impression he's there most of the day. Which is not the ideal
> landlord situation.
>
> -sw
>

I don't think this is the typical landlord situation. John is more than
landlord, he is surrogate parent. That can be good or bad but most
collage kids will look up to an adult that is not their parent. He may
be just what the kids need.

As I've stated before, John is not buying a house, he is buying a
lifestyle. Could even be a reality TV show in 2019. Students of St.
St. Louis or College Kamp Out or Student Sleepover. Maybe it will be
Morals Decending.

In spite of the ridicule, I really hope he is successful and even has a
positive influence on the kids. Given his degrees, he would at least
encourage them to get an education.

==

I do hope so and that it all works out well.





--
http://www.helpforheroes.org.uk

> I inherited most of my inheritance in stocks, bonds, mutual funds, etc. Upon On Friday, July 21, 2017 at 1:26:38 PM UTC-4, John Kuthe wrote:
> On Thursday, July 20, 2017 at 11:13:04 PM UTC-5, Sqwertz wrote:
> ...
> > Previously he said he had plenty of cash to buy the house and wouldn't
> > touch the stocks. Now he says that he had to sell $150K worth of
> > stocks to buy the house. So I guess we're to assume that this house
> > is now costing around $280K - a house that the current owner bought
> > for, and is worth, $75K.
>
> Let's get this straight, you are evidently very confused.
>getting possession OF my inherited stocks, etc. I immediately off $150,000 worth of the most heinous stocks my father owned. Stuff like OIL stocks, BofA, Phizer,etc. EVIL corporate stocks like that that I will NEVER support now that they are MY dollars!

Not to worry, John. Those shares didn't vanish. Someone else bought them,
and the corporations are ticking along just fine without you.

Cindy Hamilton

On 2017-07-23 5:49 AM, Cindy Hamilton wrote:

>> Let's get this straight, you are evidently very confused.
>> getting possession OF my inherited stocks, etc. I immediately off $150,000 worth of the most heinous stocks my father owned. Stuff like OIL stocks, BofA, Phizer,etc. EVIL corporate stocks like that that I will NEVER support now that they are MY dollars!
>
> Not to worry, John. Those shares didn't vanish. Someone else bought them,
> and the corporations are ticking along just fine without you.


PFFT...... you just deflated his balloon.
>

In article >, penmart01
@aol.com says...

> I would've also advised Jill to contemplate at least two years before
> deciding to move into her inherited house,

You repeatedly miss the point. Jill already lived in the house she
inherited, had done for years.

Jill gave up her job, her home, and independent lifestyle to move
cross country to live in her parents home and care for them for years
when both became too frail to manage on their own. First she helped care
for her demented father. His illness took a toll on Jill's mother; such
that she in turn needed to be cared for by Jill until she too died.
Looking after her failing mother was not easy either, as shown in the
problems Jill often posted about.

Because Jill gave up her independence to look after them, her parents
were able to remain in the comfort and security of their own home. When
they died, Jill inherited what had become her only home. By then,
property sales in that retirement complex had gone through the floor.

Janet UK

In article >, says...
>
> jmcquown wrote:
> > I was already living here when I inherited the house. Taking care of
> > my mother. Cooking, cleaning, shopping for groceries. Making sure
> > she got medical care.
>
> Am I hearing a violin playing in the background? ;-D

No, you bloody well are not. Those of us who posted here during those
very tough years for Jill, know what a physical and emotional struggle
it was.

Raising a child YOU CHOSE to have, who is not mentally or physically
impaired, who spends hours every day at school, who has her own friends
and social life and is steadily approaching physical and emotional
independence, is pretty much the exact opposite of last-years care for
old people whose physical, mental and emotional needs become steadily
MORE demanding and exhausting for the carer.

As you'd know, if you'd gone home to care for your old parents.

Janet UK

On Sun, 23 Jul 2017 13:55:35 +0100, Janet > wrote:

>In article >, says...
>>
>> jmcquown wrote:
>> > I was already living here when I inherited the house. Taking care of
>> > my mother. Cooking, cleaning, shopping for groceries. Making sure
>> > she got medical care.
>>
>> Am I hearing a violin playing in the background? ;-D
>
> No, you bloody well are not. Those of us who posted here during those
>very tough years for Jill, know what a physical and emotional struggle
>it was.
>
> Raising a child YOU CHOSE to have, who is not mentally or physically
>impaired, who spends hours every day at school, who has her own friends
>and social life and is steadily approaching physical and emotional
>independence, is pretty much the exact opposite of last-years care for
>old people whose physical, mental and emotional needs become steadily
>MORE demanding and exhausting for the carer.
>
> As you'd know, if you'd gone home to care for your old parents.
>
> Janet UK

No big deal - my father died very suddenly in Spain and I had to rush
over, get the house sold, stuff packed up and bring my mother back
with me. She lived with us and three kids until she died and I looked
after her while I still worked. Ultimately I had to quit working
because for a couple of the last years she could not be left on her
own.

Franco still ruled Spain back then and I had endless visits from the
Guardia Civil who seemed to suspect a plot of some sort. Only Spanish
friends got me through that. I left my mother in a hotel in London
while I went to Air Canada in Regent St. to pick up a ticket for her
and on the way back became frantic when stuck in the tube for two
hours at Oxford Circus because of an IRA bomb scare.

So don't lecture about taking care of parents - just because people
don't play the poor me card. You don't know what Gary has maybe had
to face in the past, not everybody seeks attention by broadcasting it.

In article >, says...
> Subject: to John Kuthe
> From: Ed Pawlowski >
> Newsgroups: rec.food.cooking
>
> On 7/19/2017 2:59 PM, Cindy Hamilton wrote:
>
> > [quoted text muted]
> > house anymore is a conundrum. No children, no siblings,
> > no cousins.
> >
> > Cindy Hamilton
> >
>
> The thought has crossed my mind too. Both kids are 1100 miles away.
> They have asked us to move there, but we have no interest at the time.
> That could change
>
> If I'm alone one day I may just become a hermit in a small one bedroom
> place with big screen TV and computer. Right now, I like where I live,
> the local amenities, etc. I guess some day someone will have to clear
> it out with a big extate sale followed by a dumpster.

Our current home was chosen for its adaptability to future needs in
old age, so we hope we'll never need to move (or clear the loft and
garage, LOL). It's close to excellent medical services and facilities
and has been renovated for low maintenance and easy later life. Wheel
chair access to all downstairs rooms and garden.Downstairs wetroom
suitable for assisted toileting and bathing (wide/level access shower).
Downstairs bedrooms with space for hoist. Low-window views for the bed
or chairbound.

When we can't manage stairs any more, both of us or the lone survivor
could live downstairs leaving the upper floor as comfortable
accommodation for a live-in companion/ carer (their own bathroom, living
room and bedroom).

Janet UK

In article >, cshenk1
@cox.net says...
>
> dsi1 wrote in rec.food.cooking:

> > Have fun sheriffing your little fiefdom. My guess is that it'll be
> > hell for the tenants.
>
> ds1, he's basically got a house and has roomates. Its not a new
> situaton.

It's a completely new situation. Before, they were all in the same
boat; slated the landlord for all the problems in the property.

When John becomes the owner/landlord

a) he becomes the target for every tiny criticism by tenants
b) he's likely to criticise tenants for every little damage or
breakage they inflict on his newly renovated property

c) The nature of John's illness can make dealing with personal
disagreements very difficult for both parties.

Janet UK

On 7/23/2017 8:42 AM, Janet wrote:
> In article >, penmart01
> @aol.com says...
>
>> I would've also advised Jill to contemplate at least two years before
>> deciding to move into her inherited house,
>
> You repeatedly miss the point. Jill already lived in the house she
> inherited, had done for years.
>
> Janet UK
>
2008 was pretty much a bust for everyone in terms of the real estate
market.

My neighbor's house has been on the market for a long time. She's
pretty much stuck until someone buys it. Meanwhile, she's paid to have
it repainted (inside and out) and still has to pay the taxes, etc.

The house on the other side of mine was on the market for about 7 years.
It's a gorgeous house, all the bells and whistles including a fancy
kitchen with all the things people seem to want: granite counter tops,
stainless appliances. It even had built-in wine racks. I watched as
the asking price went down, down, down.

Moving isn't cheap, either. These college kids John will be renting to
probably don't own a lot. They're renting a room in a house. Likely
they can load everything they own in a small truck and they're gone. If
they get friends to help them, just buy a couple of pizzas and some
beer. It isn't that easy when you're an adult with a house full of
furniture.

Jill

On 7/23/2017 8:55 AM, Janet wrote:
> In article >, says...
>>
>> jmcquown wrote:
>>> I was already living here when I inherited the house. Taking care of
>>> my mother. Cooking, cleaning, shopping for groceries. Making sure
>>> she got medical care.
>>
>> Am I hearing a violin playing in the background? ;-D
>
> No, you bloody well are not. Those of us who posted here during those
> very tough years for Jill, know what a physical and emotional struggle
> it was.
>
> Raising a child YOU CHOSE to have, who is not mentally or physically
> impaired, who spends hours every day at school, who has her own friends
> and social life and is steadily approaching physical and emotional
> independence, is pretty much the exact opposite of last-years care for
> old people whose physical, mental and emotional needs become steadily
> MORE demanding and exhausting for the carer.
>
> As you'd know, if you'd gone home to care for your old parents.
>
> Janet UK
>
Thank you, Janet.

Jill

On 7/23/2017 2:57 PM, Janet wrote:
> Our current home was chosen for its adaptability to future needs in
> old age, so we hope we'll never need to move (or clear the loft and
> garage, LOL). It's close to excellent medical services and facilities
> and has been renovated for low maintenance and easy later life. Wheel
> chair access to all downstairs rooms and garden.Downstairs wetroom
> suitable for assisted toileting and bathing (wide/level access shower).
> Downstairs bedrooms with space for hoist. Low-window views for the bed
> or chairbound.
>
> When we can't manage stairs any more, both of us or the lone survivor
> could live downstairs leaving the upper floor as comfortable
> accommodation for a live-in companion/ carer (their own bathroom, living
> room and bedroom).
>
We're planning something similar - converting the attached 2-car garage
into a handicapped-accessible master suite. The garage roof needs
replacing anyway, so it makes sense to do the extra work at the same time.
Things move very slowly up here, though. I hope the work is done before
one of us needs it...