Recent content by JimW1949

  1. J

    Another way the rich get richer

    Well, at least I now know how stupid I am and how intelligent everyone else is. I want to thank all the people who have set me straight on this. I never knew that my whole life has been filled with misconceptions. One thing though, please let me know the name and address of one of these people...
  2. J

    Another way the rich get richer

    I am retired now, but when I was working I got to meet many people, people from all walks of life. I was an electronic technician and I worked on all sorts of different equipment. Some of the work was in customer's homes, other times it was in a business. After many years of going to work and...
  3. J

    Another way the rich get richer

    Understood, but is that really a good thing to do? Why are you working? I worked so that I could make a living, but there is more to living than just surviving. Saving money is a good thing to do, but it should not be done to the exclusion of all else. What good is having a lot of money at...
  4. J

    Thoughts for a computer repair shop?

    If you feel this is something you guys can do with minimal risk, then I say go for it. I wish the two of you all the best.
  5. J

    Another way the rich get richer

    You are absolutely right, I said save $5 per hour. But if you read the post carefully I also said "if someone could somehow manage to save that much". But regardless, you are right, I did say that. In post number 17 you said at 5 percent interest it would amount to $587 thousand dollars. I...
  6. J

    Thoughts for a computer repair shop?

    I'm not so sure a computer shop is a good idea. In my area we have 2 computer shops and neither one is doing very good. I know the owner of one of the repair shops and he says that there are way too many people repairing computers from their home. Parts are easy to get, places like NewEgg...
  7. J

    Another way the rich get richer

    All I can say is, if you guys honestly believe someone making $10 per hour is going to end up wealthy by saving and investing their money, I have a bridge I want to sell you in Brooklyn.
  8. J

    Another way the rich get richer

    No offense, but I don't buy your argument for one second. First of all, a person making $10 per hour could not afford to save half of his/her income. But that aside, where can someone earn 7 percent, or 5 percent, or even 3 percent for that matter, these days? About the only place that...
  9. J

    Another way the rich get richer

    I don't think spending less of your income can make you rich. If you earn $10 per hour and even if you could somehow manage to save half of your income and put it into an interest bearing account, you would never live long enough to have enough money to be considered wealthy.
  10. J

    Electricity experts weigh in - using an extension cord for an appliance (kegerator)

    Use a 12 gauge heavy duty outdoor extension cord. Buy an extension cord that is as short as possible. If it is possible to keep the extension cord from getting wet where the kegerator plugs into the extension cord, that would be a good idea too.
  11. J

    Do you like your dishwasher?

    We bought a Maytag dishwasher, not the top of the line, but pretty high up. When we remodeled our kitchen we made room for it and I installed it myself. We have had it now for a little over 7 years and have had no problems at all with it. I think Maytag and Amana are now owned by Whirlpool...
  12. J

    How to become an electrician...

    From what I understand, being an electrician is a good field to be in, but it takes quite awhile to become a licensed electrician. Also, being an electrician can potentially be a rather dangerous occupation. I have a friend who is an electrician and he says that when he works on new...
  13. J

    how should I cook my bacon? (updated: baked)

    Sorry if I got a little out of line, I guess I took it the wrong way. This has not been a good day. It has been storming off and on, heavy rains at times and then just a drizzle at other times. I can't find my set of long handled Allen Wrenches and I need them to remove the sanding disc from...
  14. J

    What would you rate Taylor Swift's new video?

    I don't particularly care for the song, and I am not that nuts about her either. Personally, I don't think she is that good of a singer, but if she sells her music and makes a ton of money, who am I to say?
  15. J

    how should I cook my bacon? (updated: baked)

    According to what I have read, bacon is good, and bad, for you. The part of bacon that isn't good for you is the fat, and the salt isn't real good for you either. The lean part of bacon actually has some health benefits for you. So bacon isn't all bad, but it isn't all good either. There are...