There are no bad jobs, says Flaherty

The Old Medic

Council Member
May 16, 2010
1,330
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The World
I get such a kick out of some of the commentators on this subject. It is obvious that they truly believe that they are OWED a comfortable living, from birth to death.

Have you ever heard of working your way up the ladder?

I worked for minimum wage for years. I STILL was able to put money into savings (and investments), because I refused to purchase anything that I could not pay cash for. NOTHING, including a car. Until I purchased my first home, I had no credit accounts at all.

My initial pay in the US Army was $78.00, before income taxes, Social Security and other deductions. After 4 months, my pay went to $84.00 a month, a raise of $6.00 I put $3.00 of that into the bank each and every payday. Then, I went from $84 to $99 an month, and increase of $15.00. I began putting $10.50 a month into savings.

I went to $124.00 a month, and began putting $23.00 a month into the bank. And so on as the years went by. I would periodically take out $150.00 and put that into a good Mutual Fund, with all dividends reinvested.

When I got out of the Army, after almost 10 years (9 years 11 months 12 days), I had over $10,000 in savings and investments. By the time I finished my dual Masters Degrees, I had over $15,000 in that program.

I began my first post graduate job owing a total of $1,500 in student loans. My first salary in 1975 was $10,620. I began putting $150.00 each and every month into my savings and investment program. Each raise I got (and I averaged almost 12% raises each year), half of it went into savings

So, that' how I went from being a poor kid, to someone comfortably well off. I still buy NOTHING on time. I bought my home in Kentucky, which is 3,200 square feet on 3 acres and is just 10 years old, for CASH.

I have more than enough in investments to see myself, and my wife, through our entire lives. In addition, I draw almost $1,600 in tax free Service Connected Disability Income, Social Security at $2,600 a month and 3 different pensions which total 1750 per month.

Do NOT try to tell me that this is impossible, because it is not. Just make up your mind that you don't really NEED all of the latest gadgets, you don't NEED the latest and most expensive clothing; you don't NEED a brand new car every few years (I drive a 2004 Ford Expedition, which is in very good condition).

You do NOT have to have credit cards, unless you have to travel overseas a lot. If you can't pay cash, then just do without.

YOU can become very comfortable, IF YOU REALLY WANT TO.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
83
I get such a kick out of some of the commentators on this subject. It is obvious that they truly believe that they are OWED a comfortable living, from birth to death.

Where did ANYONE say they are OWED a comfortable living?
 

CDNBear

Custom Troll
Sep 24, 2006
43,839
207
63
Ontario
People who work at Walmart can afford to make significant investments in the stock market?
Maybe, but as soon as the cost of daily sundries goes up, because of short sighted kneejerk green legislation. They certainly won't be able to.

Are you afraid of putting your money where your mouth is?
No, his joint keeps igniting it.

Where did ANYONE say they are OWED a comfortable living?
When they refuse a job because the pay isn't what they want.
 

CDNBear

Custom Troll
Sep 24, 2006
43,839
207
63
Ontario
...as opposed to what they need?
What's stopping them from continuing to look for work after?

The last time I was on EI years ago, I maxed out weekly. I was just laid off from a mining company. I took a job packing cosmetics, paying less than half what I made mining, and only a couple dollars more than EI paid.

I continued to look for work, until I got a job as a maintenance mechanic at a tier one Honda supplier.

Somehow, heat, hydro, gas and groceries never go down
No need to tell me that bud. You have to explain that to people like Fuzzy, that thinks the increase in costs that restricting oil extraction will undoubtedly cause, is OK, because it's green thinking.
 

lone wolf

Grossly Underrated
Nov 25, 2006
32,493
212
63
In the bush near Sudbury
What's stopping them from continuing to look for work after?

The last time I was on EI years ago, I maxed out weekly. I was just laid off from a mining company. I took a job packing cosmetics, paying less than half what I made mining, and only a couple dollars more than EI paid.

I continued to look for work, until I got a job as a maintenance mechanic at a tier one Honda supplier.

No need to tell me that bud. You have to explain that to people like Fuzzy, that thinks the increase in costs that restricting oil extraction will undoubtedly cause, is OK, because it's green thinking.

I suppose that would depend on the job. I put in many 14 hour nights in a taxicab - at 40% commission - that didn't leave a lot of wakey time for a job search. Fortunately a taxi's a great place to make contacts
 

SLM

The Velvet Hammer
Mar 5, 2011
29,151
5
36
London, Ontario
I suppose that would depend on the job. I put in many 14 hour nights in a taxicab - at 40% commission - that didn't leave a lot of wakey time for a job search. Fortunately a taxi's a great place to make contacts

Sometimes it can be more difficult with odd shifts and what not, but you still have to do what you have to do sometimes.
 

CDNBear

Custom Troll
Sep 24, 2006
43,839
207
63
Ontario
I suppose that would depend on the job. I put in many 14 hour nights in a taxicab - at 40% commission - that didn't leave a lot of wakey time for a job search. Fortunately a taxi's a great place to make contacts
You just proved that where there's a will, there's a way.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
113
Vancouver Island
Back in the late 60s and early 70s, petros, I started and ran a specutive stock club. It was the coffee a day type of investment by the members so we did not get rich from it. It did well enough, though, that many members started to get cold feet, afraid that I might lose their "gains.' So we wound it ip.

At the same time, the majority of investors in those kinds of ventures were buying what I sold and papering their basements with the stock certificates.

Further, if people, en masse, get into it to create pension funds or whatever, what you have is a bubble from which most investors get hurt.


Nothing socialist about that claim. And it is not even close to an NDP ethic.

Thats because the NDP has no ethics.
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
548
113
Vernon, B.C.
Thats because the NDP has no ethics.

Actually, I think they do, Taxslave- they just don't understand two concepts.............1. Sometimes you have to be cruel to be kind. 2. They think that it's money the stork delivers, not babies.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
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Vancouver Island
Stats for that?





I could agree with that as long as either the company pays moving expenses I suppose since obviously you don't want to force them to move only to have no roof over their head when they arrive; an employer might have an issue with a worker who can't shower and sleeps outside.

I would also consider the best interests of dependants too, especially if their are other special circumstances or special needs to consider.

many leave their families at "home" and go elsewhere to work. There are dozens of people on Vancouver Island work in the oil patch or northern mines. Lots more log up the coast.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,461
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Low Earth Orbit


And the tooth fairy.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
113
Vancouver Island
Actually, I think they do, Taxslave- they just don't understand two concepts.............1. Sometimes you have to be cruel to be kind. 2. They think that it's money the stork delivers, not babies.

They sure were not very ethical in their treatment of small business loggers in the 90's.
 

Cliffy

Standing Member
Nov 19, 2008
44,850
193
63
Nakusp, BC
many leave their families at "home" and go elsewhere to work. There are dozens of people on Vancouver Island work in the oil patch or northern mines. Lots more log up the coast.
Now that is ideal way to raise a family. Daddy is more like an occasional visitor. But hey! Being a slave to the system and supporting the rich requires sacrifices. Did you get your share of trickle down money today?