Just got screwed again...

Neuromancer · 01-05-2010, 08:50 PM

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...

DrDubzz · 01-05-2010, 10:16 PM

that sucks man, dunno what to say except, sorry and I hope something works out for you

Da Klugs · 01-05-2010, 10:33 PM

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

or at least make your own dough.

Sorry to hear of your decreased cash flow.

Skywalker · 01-05-2010, 10:37 PM

That sucks!!!

Neuromancer · 01-05-2010, 11:37 PM

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?

Savor the Stick · 01-06-2010, 01:06 AM

I'll be praying for you Marc that you will get guidance from the Lord.

Neuromancer · 01-06-2010, 04:51 AM

Quote:

Originally Posted by Savor the Stick

I'll be praying for you Marc that you will get guidance from the Lord.

I think I'm past that point...been up all night trying to figure out what I'm loosing this year and it's 3/4 of my income again...gonna be a real tight year around here...I mean I have some income and Marie's working but we really take a shot in the butt when I loose as much as I did this year and last too...it seems like the only god that pays any attention to me is the god of irony, as he sticks another needle in to see which way I'll jump...not much faith here on this end anymore...not how I thought my 60's would turn out...

longknocker · 01-06-2010, 05:00 AM

Quote:

Originally Posted by Neuromancer

I think I'm past that point...been up all night trying to figure out what I'm loosing this year and it's 3/4 of my income again...gonna be a real tight year around here...I mean I have some income and Marie's working but we really take a shot in the butt when I loose as much as I did this year and last too...it seems like the only god that pays any attention to me is the god of irony, as he sticks another needle in to see which way I'll jump...not much faith here on this end anymore...not how I thought my 60's would turn out...

Don't Give Up Hope, Brother. God Is Able, My Friend! Prayers Sent! We Are Always Here For You!

acruce · 01-06-2010, 03:00 PM

Sorry to hear that..

G G · 01-06-2010, 03:01 PM

Sorry to hear brother.

Cigargal · 01-06-2010, 03:38 PM

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.

blugill · 01-06-2010, 05:19 PM

I'm sorry to hear of your misfortune brother.
I'll be praying for you and yours.

massphatness · 01-06-2010, 05:55 PM

Cranking up the prayers, brother.

BigFrank · 01-06-2010, 07:44 PM

Sorry to hear brother.

CBI_2 · 01-06-2010, 07:53 PM

Sorry to hear. Hang in there and prayers sent for you, all in similar situations and our country that things improve soon.

RevSmoke · 01-06-2010, 08:23 PM

Will keep you in my prayers.

Peace of the Lord be with you.

01-06-2010, 09:14 PM

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.

Neuromancer · 01-07-2010, 05:18 AM

The trust fund doesn't quite work that way...we have no control over it whatsoever...we either get checks the first banking day of every new year or not...if it makes money it pays (which has been just about every year since 1990)...if it doesn't make enough to pay myself and my brothers because of the stock market and the economy (like 2008-9 & 2009-10) the we're just s.o.l...unfortunately it's about 3/4 of my yearly income and where most of my disposable income comes from...as far as the tax guys, it's not taxable so that doesn't do a damn thing for me either when filing taxes...it's tied up and entertwined with all sorts of other investments our father made and the bottom line is it either pays or it doesn't...it's just a crock that just when you think you have yourself covered for your so-called golden years (63) something comes along and takes ya down...it's hard to start over again at 63...

mosesbotbol · 01-07-2010, 05:25 AM

Hang in there and you'll think of something to support your family. There are opportunities all over the place and this is a great time to start something new. Best of luck!

gettysburgfreak · 01-07-2010, 07:03 AM

keep your head up, things usually work out for good people. After I got out of college it took me a year and a half before I finally found a job that I could call a career. I had to work for 8 bucks an hour at a sporting goods store.

01-05-2010, 08:50 PM	#1
Neuromancer Will work for Boli GM's Join Date: Oct 2008 First Name: Marc Location: Lost in translation...near Newnan, GA Posts: 1,417 Trading: (23)	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... __________________ "...pipe smoking is properly an intellectual exercise." ~ Christopher Morley, 1916

01-05-2010, 10:16 PM	#2
DrDubzz Formerly RX2010 Join Date: Oct 2008 First Name: Tim Location: England Posts: 2,203 Trading: (34)	Re: Just got screwed again... that sucks man, dunno what to say except, sorry and I hope something works out for you

01-05-2010, 10:33 PM	#3
Da Klugs Juan of 11 Join Date: Oct 2008 First Name: Dave Location: Right here Posts: 4,222 Trading: (8)	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. __________________ Communities Not Commodities. Punctuation challenged, but trying. Proud winner of phase 1 of the Weight loss contest

01-05-2010, 10:37 PM	#4
Skywalker BABOTL Join Date: Oct 2008 First Name: Dice Location: Galaxy Far Far Away Posts: 10,168 Trading: (18)	Re: Just got screwed again... That sucks!!! __________________ Smoke what you like!!!

01-05-2010, 11:37 PM	#5
Neuromancer Will work for Boli GM's Join Date: Oct 2008 First Name: Marc Location: Lost in translation...near Newnan, GA Posts: 1,417 Trading: (23)	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? __________________ "...pipe smoking is properly an intellectual exercise." ~ Christopher Morley, 1916

01-06-2010, 01:06 AM	#6
Savor the Stick ~Loves the Lord~ Join Date: Oct 2008 First Name: Kevin, or just K Location: Wichita Falls, Texas Posts: 1,945 Trading: (67)	Re: Just got screwed again... I'll be praying for you Marc that you will get guidance from the Lord. __________________ Pastor K Please Support the Troops

01-06-2010, 03:00 PM	#9
acruce Just killing Time Join Date: Oct 2008 First Name: Andy Location: Venus TX Posts: 1,114 Trading: (1)	Re: Just got screwed again... Sorry to hear that.. __________________ LIVE LIFE TO THE FULLEST~SMOKE AS MANY FINE CIGARS AS POSSIBLE ~ SMILE ~ IT MAKES YOU FEEL GOOD!!

01-06-2010, 03:01 PM	#10
G G BR549 Join Date: Oct 2008 First Name: Greg Location: Taylor, FL. Posts: 12,751 Trading: (10)	Re: Just got screwed again... Sorry to hear brother.

01-06-2010, 03:38 PM	#11
Cigargal Waiting for SoCal XI Join Date: Oct 2008 Location: Northern California Posts: 1,472 Trading: (25)	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.

01-06-2010, 05:19 PM	#12
blugill Feeling at Home Join Date: Dec 2008 First Name: Andy Location: Enid, Oklahoma Posts: 867 Trading: (10)	Re: Just got screwed again... I'm sorry to hear of your misfortune brother. I'll be praying for you and yours. __________________ My Blog

01-06-2010, 05:55 PM	#13
massphatness Where's my buffaloooo ... Join Date: Oct 2008 First Name: Vin Location: MassHolia Posts: 12,690 Trading: (206)	Re: Just got screwed again... Cranking up the prayers, brother. __________________ *Help Support The Navy SEAL Foundation: HERE*

01-06-2010, 07:44 PM	#14
BigFrank 5 3 1 Join Date: Nov 2008 First Name: Frank Location: Gym or Sofa. Posts: 1,896 Trading: (25)	Re: Just got screwed again... Sorry to hear brother. __________________ " Hope is the first step on the road to disappointment. "

01-06-2010, 07:53 PM	#15
CBI_2 Have My Own Room Join Date: Oct 2008 First Name: Paul Location: In my skin. Posts: 2,066 Trading: (0)	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. __________________ "The welfare of humanity is always the alibi of tyrants." Albert Camus Cool Cigar Themed Stuff

01-06-2010, 08:23 PM	#16
RevSmoke Ain't Never Gonna Leave Join Date: Oct 2008 First Name: Todd Location: Northcentral woods of Wisconsin Posts: 6,893 Trading: (51)	Re: Just got screwed again... Will keep you in my prayers. Peace of the Lord be with you. __________________ Todd__ "Smoke what you like, and enjoy it!"

01-06-2010, 09:14 PM	#17
Cigary Guest Posts: n/a	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.

01-07-2010, 05:18 AM	#18
Neuromancer Will work for Boli GM's Join Date: Oct 2008 First Name: Marc Location: Lost in translation...near Newnan, GA Posts: 1,417 Trading: (23)	Re: Just got screwed again... The trust fund doesn't quite work that way...we have no control over it whatsoever...we either get checks the first banking day of every new year or not...if it makes money it pays (which has been just about every year since 1990)...if it doesn't make enough to pay myself and my brothers because of the stock market and the economy (like 2008-9 & 2009-10) the we're just s.o.l...unfortunately it's about 3/4 of my yearly income and where most of my disposable income comes from...as far as the tax guys, it's not taxable so that doesn't do a damn thing for me either when filing taxes...it's tied up and entertwined with all sorts of other investments our father made and the bottom line is it either pays or it doesn't...it's just a crock that just when you think you have yourself covered for your so-called golden years (63) something comes along and takes ya down...it's hard to start over again at 63... __________________ "...pipe smoking is properly an intellectual exercise." ~ Christopher Morley, 1916

01-07-2010, 05:25 AM	#19
mosesbotbol That's a Corgi Join Date: Oct 2008 First Name: Moses Location: Boston Posts: 6,171 Trading: (6)	Re: Just got screwed again... Hang in there and you'll think of something to support your family. There are opportunities all over the place and this is a great time to start something new. Best of luck! __________________ Port Wine & Claret \| British Cars \| Welsh Corgi's

01-07-2010, 07:03 AM	#20
gettysburgfreak Patriot Join Date: Oct 2008 Location: The Mitten Posts: 1,442 Trading: (2)	Re: Just got screwed again... keep your head up, things usually work out for good people. After I got out of college it took me a year and a half before I finally found a job that I could call a career. I had to work for 8 bucks an hour at a sporting goods store. __________________ Author ofeath, Disease, and Life at War: The Civil War Letters of Surgeon James D. Benton, 111th and 98th New York Infantry Regiments, 1862-1865.