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bodybump · 16 August 2009, 01:13 PM

I was wondering 8 months have past..after the worst job loss in the US within months after months...I was looking at the stocks and seems pretty good and job loss are decreasing (well thats what they said)..How did you guys do after 8 months..Good or bad please share it with us...Is buying a new watch on your list this Christmas?? How did you guys manage...

Idle Swede · 16 August 2009, 01:17 PM

Struggling along.

bodybump · 16 August 2009, 01:21 PM

Quote:

Originally Posted by Idle Swede

Struggling along.

i think florida will be the last one to recover leo...

drtooth73 · 16 August 2009, 09:21 PM

Quote:

Originally Posted by bodybump

i think florida will be the last one to recover leo...

Florida?
Michigan is in bigger hole.
There are a 1000 people a day that move to Florida.
There are mostly from around here, after losing their jobs.
In my practice about 20-30% lost their insurance.

As far as getting Rolex for Christmas, no, maybe a Panerai.

bodybump · 16 August 2009, 11:46 PM

Quote:

Originally Posted by drtooth73

Florida?
Michigan is in bigger hole.
There are a 1000 people a day that move to Florida.
There are mostly from around here, after losing their jobs.
In my practice about 20-30% lost their insurance.

As far as getting Rolex for Christmas, no, maybe a Panerai.

Then there you go bill...a lot of people moving to florida when there is nothing to do here...More of a vacation type...Hospitality is down and thats the only thing that makes florida tick...

Art 1 · 16 August 2009, 01:21 PM

Going along just fine. My next Rolex will probably be for my daughter when she finishes high school this year.

bodybump · 16 August 2009, 01:22 PM

Quote:

Originally Posted by Art 1

Going along just fine. My next Rolex will probably be for my daughter when she finishes high school this year.

Thats good to hear Art...some people i know did pretty well during the recession..

bodybump · 16 August 2009, 01:23 PM

I have spoke to a some of our TRF members right here and ask them why they havent log for awhile...almost everyone told me that they need to concentrate on their business because it was going down...

ZakBlak · 16 August 2009, 04:06 PM

Quote:

Originally Posted by bodybump

I have spoke to a some of our TRF members right here and ask them why they havent log for awhile...almost everyone told me that they need to concentrate on their business because it was going down...

My friends in the construction industry are all hurting.
If you go to any Miami mall, you'd never think recession.
I think that Wall Street recovers first, and unemployment will recover last since jobs were the last to go.

bodybump · 16 August 2009, 11:48 PM

Quote:

Originally Posted by ZakBlak

My friends in the construction industry are all hurting.
If you go to any Miami mall, you'd never think recession.
I think that Wall Street recovers first, and unemployment will recover last since jobs were the last to go.

Actually your right...i think people go to malls and hit the fastfood court...and yet they dont go home with a lot of paper bags with them...

ijen0311 · 16 August 2009, 01:26 PM

My work gets busier as people get poorer, so it's never a dull moment. Sigh...

bodybump · 16 August 2009, 01:27 PM

Quote:

Originally Posted by ijen0311

My work gets busier as people get poorer, so it's never a dull moment. Sigh...

i hear you jen... i think we will be the last state to feel that recession is over after all the states gets better...

vh_bu98 · 16 August 2009, 02:31 PM

No raise this year for myself or my wife, but we both still have our jobs and we still get bonuses. So we are doing better than the average especially since we don't have kids.

Even though I would love to get a new watch, the idea of spending $10,000 USD anytime soon doesn't make sense, since we never know what the future will be like.

And the fact that my sister-in-law is struggling to keep her house after her common-law husband pass away really makes us think how we spend our money. It's hard not to feel guilty for wearing a $9400 USD watch, when a family member isn't doing well financially.

bodybump · 16 August 2009, 11:44 PM

Quote:

Originally Posted by vh_bu98

No raise this year for myself or my wife, but we both still have our jobs and we still get bonuses. So we are doing better than the average especially since we don't have kids.

Even though I would love to get a new watch, the idea of spending $10,000 USD anytime soon doesn't make sense, since we never know what the future will be like.

And the fact that my sister-in-law is struggling to keep her house after her common-law husband pass away really makes us think how we spend our money. It's hard not to feel guilty for wearing a $9400 USD watch, when a family member isn't doing well financially.

Oh thats tough VU....i know what you saying...its not easy not to feel guilty wearing an expensive watch then talking to a family member who needs help..

Widows Son · 18 August 2009, 12:28 PM

Quote:

Originally Posted by ijen0311

My work gets busier as people get poorer, so it's never a dull moment. Sigh...

I can relate!!!

Raam · 18 August 2009, 04:27 PM

yo guys & Oscar what up!

not so good for me but still have a job and health.

Next year maybe for another Rolex, that DJII lol

TheVTCGuy · 16 August 2009, 03:44 PM

Gosh, I hate to say this but my Division in Japanese Mega Corporation Company is doing fantastic! Last year was phenominal and we are expanding like crazy right now. I work in the broadcast industry and it makes sense I guess, when the economy gets bad people stay home and watch a lot of television.

walds11 · 16 August 2009, 04:21 PM

Plugging along. I am in retail banking and business has picked up this year. Being in the business for 8 years has helped. I have a decent client base with a good amount of repeat and referral business. Without that, my business would stink! My wife is a school teacher with a great salary and benefits, so we never have to worry about her :)

idk01 · 16 August 2009, 09:01 PM

It's been a slow 3 months for me, and its meant dipping into the savings here and there, money is not being spent here in AU the same as it was last year, I've noticed IT budgets have been shrunk directly affecting my income on many levels, but the biggest let down are some of my larger corporate clients have decided to shut up shop here in AU and move operations to China/India for the next 12 months, then its looking for other cheaper location to operate, I know Africa and places in the middle east have been mentioned where the labor costs are less.

I'm seeing now our Financial year has changed over here in AU as of 1st July, a few of the budgets are renewed and the spending is on the up, but that will only be short lived :-(

Playing this one by ear so far and attempting to generate more business, just be nice to see an improvement soon.

bodybump · 16 August 2009, 11:54 PM

Quote:

Originally Posted by idk01

It's been a slow 3 months for me, and its meant dipping into the savings here and there, money is not being spent here in AU the same as it was last year, I've noticed IT budgets have been shrunk directly affecting my income on many levels, but the biggest let down are some of my larger corporate clients have decided to shut up shop here in AU and move operations to China/India for the next 12 months, then its looking for other cheaper location to operate, I know Africa and places in the middle east have been mentioned where the labor costs are less.

I'm seeing now our Financial year has changed over here in AU as of 1st July, a few of the budgets are renewed and the spending is on the up, but that will only be short lived :-(

Playing this one by ear so far and attempting to generate more business, just be nice to see an improvement soon.

I know...back in my country they are moving big companies looking for cheaper labor....last couple of months fedex hub move to china because they can pay 3 people there to work for the same pay for 1 person to work back in our country..

idk01 · 17 August 2009, 12:01 AM

Quote:

Originally Posted by bodybump

I know...back in my country they are moving big companies looking for cheaper labor....last couple of months fedex hub move to china because they can pay 3 people there to work for the same pay for 1 person to work back in our country..

Exactly the situation here Oscar

One company has already moved 60% of operations to China, have sacked the staff here and have managers driving fork lift trucks as part of a skeleton crew until migration is complete, some of these guys have been earning up to $200k AUD p/a for the last number of years and have been forced to take 65% pay cuts. finding a similar position and pay is going to be nearly impossible, give it another 3 months and there is going to be a buyers market on high end Mercedes, BMW, properties and high end watches

Lion · 16 August 2009, 09:25 PM

This year and the last quarter of 2008 have not been very kind. My wife and I have lost assets in our mutual funds accounts but are fairing better than most. It will take time for the stock market to recover and so far this year has seen slow but steady growth. Also we are fortunate because my wife was able to keep her job as others around her were laid off. They restructured her department, dropped company contributions to her 401k and no yearly raise after her review. But all in all I feel grateful to be alive and for what we have and life is good!!!

bodybump · 16 August 2009, 11:50 PM

Quote:

Originally Posted by Lion

This year and the last quarter of 2008 have not been very kind. My wife and I have lost assets in our mutual funds accounts but are fairing better than most. It will take time for the stock market to recover and so far this year has seen slow but steady growth. Also we are fortunate because my wife was able to keep her job as others around her were laid off. They restructured her department, dropped company contributions to her 401k and no yearly raise after her review. But all in all I feel grateful to be alive and for what we have and life is good!!!

Thats all it matters leo...as long as we have a job to go to everyday we can manage a bit and survive...

AIKO · 17 August 2009, 06:05 AM

Things are ok, healthcare has been somewhat unaffected (for now). While I am doing well, I do not see myself picking up anymore watches.

rajurama · 16 August 2009, 09:56 PM

I asked an economist how long you think the recession would affect us... He said 12 months and I was really??? He said yes after 12 months you will get used to it!

bodybump · 16 August 2009, 11:55 PM

Quote:

Originally Posted by rajurama

I asked an economist how long you think the recession would affect us... He said 12 months and I was really??? He said yes after 12 months you will get used to it!

Hey Rick i thought dubai was doing good??

rajurama · 17 August 2009, 01:24 AM

Quote:

Originally Posted by bodybump

Hey Rick i thought dubai was doing good??

Nope not at all... things are pretty dull here these days post the boom of 2007 - 08... The properties have crashed and also the tourism is low... So no new watches for me

TheVTCGuy · 17 August 2009, 03:32 AM

Quote:

Originally Posted by rajurama

Nope not at all... things are pretty dull here these days post the boom of 2007 - 08... The properties have crashed and also the tourism is low... So no new watches for me

Rick I haven't been to Dbuai in many years, but when I was there, I absolutely LOVED It! What an interesting part of the world! Bahrain, Abbu-Dabbi (SP?), I truly enjoyed being there. Maybe in a past life I'm Arabic instead of Greek or something...

One of these days I'm coming back to stay a while...

JJ Irani · 17 August 2009, 04:21 AM

So far...................so good!!

bodybump · 17 August 2009, 01:27 PM

Quote:

Originally Posted by TheVTCGuy

Rick I haven't been to Dbuai in many years, but when I was there, I absolutely LOVED It! What an interesting part of the world! Bahrain, Abbu-Dabbi (SP?), I truly enjoyed being there. Maybe in a past life I'm Arabic instead of Greek or something...

One of these days I'm coming back to stay a while...

i would like to go with you paul...my wifes sister works in emirates...

16 August 2009, 01:13 PM	#1
bodybump ⭐⭐⭐⭐⭐⭐ 2024 SubLV41 Sponsor & Boutique Seller Join Date: Sep 2008 Real Name: Oscar Location: Florida Watch: Me!!! Posts: 23,233	8 months have past...How are you guys coping up?? I was wondering 8 months have past..after the worst job loss in the US within months after months...I was looking at the stocks and seems pretty good and job loss are decreasing (well thats what they said)..How did you guys do after 8 months..Good or bad please share it with us...Is buying a new watch on your list this Christmas?? How did you guys manage... __________________

16 August 2009, 01:23 PM	#8
bodybump ⭐⭐⭐⭐⭐⭐ 2024 SubLV41 Sponsor & Boutique Seller Join Date: Sep 2008 Real Name: Oscar Location: Florida Watch: Me!!! Posts: 23,233	I have spoke to a some of our TRF members right here and ask them why they havent log for awhile...almost everyone told me that they need to concentrate on their business because it was going down... __________________

16 August 2009, 04:21 PM	#18
walds11 "TRF" Member Join Date: Jul 2005 Real Name: Adam Location: Philly ‘burbs Posts: 5,660	Plugging along. I am in retail banking and business has picked up this year. Being in the business for 8 years has helped. I have a decent client base with a good amount of repeat and referral business. Without that, my business would stink! My wife is a school teacher with a great salary and benefits, so we never have to worry about her :) __________________ Adam

16 August 2009, 09:01 PM	#19
idk01 "TRF" Member Join Date: Jan 2009 Real Name: Dave Location: Australia Watch: DJ16233TT Posts: 18,485	It's been a slow 3 months for me, and its meant dipping into the savings here and there, money is not being spent here in AU the same as it was last year, I've noticed IT budgets have been shrunk directly affecting my income on many levels, but the biggest let down are some of my larger corporate clients have decided to shut up shop here in AU and move operations to China/India for the next 12 months, then its looking for other cheaper location to operate, I know Africa and places in the middle east have been mentioned where the labor costs are less. I'm seeing now our Financial year has changed over here in AU as of 1st July, a few of the budgets are renewed and the spending is on the up, but that will only be short lived :-( Playing this one by ear so far and attempting to generate more business, just be nice to see an improvement soon. __________________ *Apprentice to Terry Newton; Superstar and Fake Sleuth*

16 August 2009, 09:25 PM	#22
Lion "TRF" Member Join Date: Jan 2009 Real Name: Leo Location: Midwest Watch: GMT-II 16710 PEPSI Posts: 21,461	This year and the last quarter of 2008 have not been very kind. My wife and I have lost assets in our mutual funds accounts but are fairing better than most. It will take time for the stock market to recover and so far this year has seen slow but steady growth. Also we are fortunate because my wife was able to keep her job as others around her were laid off. They restructured her department, dropped company contributions to her 401k and no yearly raise after her review. But all in all I feel grateful to be alive and for what we have and life is good!!! __________________ SS GMT-II 16710 PEPSI(Z-serial#) THE ONLY DIFFERENCE BETWEEN MEN AND BOYS IS THE PRICE OF THE TOYS!!! MontBlanc Meisterstuck Doue Silver Barley MontBlanc Meisterstuck Solitaire Doue Signum Proud Card Carrying Member of the Curmudgeons.....Yikes!!!

16 August 2009, 01:17 PM	#2
Idle Swede Suspended Join Date: Oct 2008 Real Name: Leo Location: Boca Raton Posts: 13,820	Struggling along.

16 August 2009, 01:21 PM	#6
Art 1 Banned Join Date: Feb 2008 Location: Florida, Canada Watch: Rol/Seik/Tud/Omega Posts: 30,244	Going along just fine. My next Rolex will probably be for my daughter when she finishes high school this year.

16 August 2009, 01:26 PM	#11
ijen0311 "TRF" Member Join Date: Dec 2008 Real Name: Jen Location: Jax, FL Watch: Sea-Dweller Posts: 3,977	My work gets busier as people get poorer, so it's never a dull moment. Sigh...

16 August 2009, 02:31 PM	#13
vh_bu98 "TRF" Member Join Date: Nov 2006 Real Name: Vu Location: Dallas area Watch: Platinum YM Posts: 2,646	No raise this year for myself or my wife, but we both still have our jobs and we still get bonuses. So we are doing better than the average especially since we don't have kids. Even though I would love to get a new watch, the idea of spending $10,000 USD anytime soon doesn't make sense, since we never know what the future will be like. And the fact that my sister-in-law is struggling to keep her house after her common-law husband pass away really makes us think how we spend our money. It's hard not to feel guilty for wearing a $9400 USD watch, when a family member isn't doing well financially.

18 August 2009, 04:27 PM	#16
Raam Member Join Date: Mar 2009 Real Name: Raam Location: Irian Jaya Watch: Explorer Posts: 118	yo guys & Oscar what up! not so good for me but still have a job and health. Next year maybe for another Rolex, that DJII lol

16 August 2009, 03:44 PM	#17
TheVTCGuy Banned Join Date: Jul 2008 Real Name: Paul Location: San Diego Watch: 126619LB Posts: 21,540	Gosh, I hate to say this but my Division in Japanese Mega Corporation Company is doing fantastic! Last year was phenominal and we are expanding like crazy right now. I work in the broadcast industry and it makes sense I guess, when the economy gets bad people stay home and watch a lot of television.

17 August 2009, 06:05 AM	#24
AIKO "TRF" Member Join Date: Nov 2008 Location: South Carolina Posts: 1,937	Things are ok, healthcare has been somewhat unaffected (for now). While I am doing well, I do not see myself picking up anymore watches.

16 August 2009, 09:56 PM	#25
rajurama "TRF" Member Join Date: Oct 2008 Real Name: Rick Location: Wakanda Watch: amacallit Posts: 2,090	I asked an economist how long you think the recession would affect us... He said 12 months and I was really??? He said yes after 12 months you will get used to it!

17 August 2009, 04:21 AM	#29
JJ Irani Fondly Remembered Join Date: May 2005 Real Name: JJ Location: Auckland, NZ Watch: ALL SOLD!! Posts: 74,319	So far...................so good!! __________________ Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!!

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