What do you do for a living?

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[quote author="rick_r" date=1249434707]I'm a Rusty Trombone player.



If you don't know what it is, look it up.</blockquote>


Cincinnati chili dog?
 
[quote author="no_vaseline" date=1249455988]My wife and I have talked about starting a second business. The big hangup is health insurance. Hangup isn't the right word, roadblock is more accurate.</blockquote>


There's another sad commentary on the state of health care. I have a friend with MS, she is fully functioning and doing well, except for that minor detail of the $1200 per month medication. She is completely tied to her dead end job that she would have quit years ago if there were any chance she could ever get health insurance again. She's happy with her health care, not her job.
 
We finally had to end out Health Care insurance after 10 Years paying Blue Cross for our business health insurance.

Mine was more than the payment for a new AMG. $ 600 + a month

My son at 23. It was more than the payment on his WRX Subaru. $ 300 +

Bookkeeper with existing condition. Too sad to discuss. She was the real loser when we let her go.

My older business partner. He pays like $ 900 a month for crap insurance. I call it drop dead coverage.

Its worthless till you drop dead. One more year and he is on Medicare. Poor Devil.

Me. I am uninsured now. Its cheaper to shop around and pay cash. No way I am paying $ 600.00 a month as a non smoker.

At 53 I am basically uninsurable unless I want to just throw money away.

I am going to take that money and go enjoy myself. Screw the bloodsucking insurance companies.

I cant wait till they all go belly up and the stock is worthless. They went too far and deserve to go the way of the dinosaur.
 
Sorry to lead us so far off topic (but you started it, no_vas :) ). My daughter recently had a surgery. The insurance company paid 5% of the billed amount and that was it. We don't have to pay the rest but I know damn well that the surgery cost at least 50% of the billed amount. No wonder hospitals and doctors are dropping Blue Cross right and left. It is also amazing that an uninsured individual would have received a bill for the entire amount (which was probably doubled in order to get insurance companies to pay a bit more). The average person who is billed this amount would probably end up in bankruptcy over this type of bill. Sorry, feel free to get back to the topic.
 
[quote author="bltserv" date=1249464995]We finally had to end out Health Care insurance after 10 Years paying Blue Cross for our business health insurance.

Mine was more than the payment for a new AMG. $ 600 + a month

My son at 23. It was more than the payment on his WRX Subaru. $ 300 +

Bookkeeper with existing condition. Too sad to discuss. She was the real loser when we let her go.

My older business partner. He pays like $ 900 a month for crap insurance. I call it drop dead coverage.

Its worthless till you drop dead. One more year and he is on Medicare. Poor Devil.

Me. I am uninsured now. Its cheaper to shop around and pay cash. No way I am paying $ 600.00 a month as a non smoker.

At 53 I am basically uninsurable unless I want to just throw money away.

I am going to take that money and go enjoy myself. Screw the bloodsucking insurance companies.

I cant wait till they all go belly up and the stock is worthless. They went too far and deserve to go the way of the dinosaur.</blockquote>


Sorry to hear that you now have to be uninsured. A buddy of mine, whose multi-millionaire dad, with no medical insurance (he also owned his own business) was diagnosed with a some sort of illness that was going to be very expensive to treat, had his dad transfer all of his assets to some sort of trust, so basically the father had no assets left, this allowed the father to file for bankruptcy. The son did not want his dad to lose a substantial portion of a lifetimes worth of work (his savings) to be wiped out by exorbitant medical bills since he would have been charged the full list price for the services he received - unfortunately he would not have had the benefit of being able to pay only 25% of the bill like the insurance company.
 
[quote author="bltserv" date=1249464995]We finally had to end out Health Care insurance after 10 Years paying Blue Cross for our business health insurance.

Mine was more than the payment for a new AMG. $ 600 + a month

My son at 23. It was more than the payment on his WRX Subaru. $ 300 +

Bookkeeper with existing condition. Too sad to discuss. She was the real loser when we let her go.

My older business partner. He pays like $ 900 a month for crap insurance. I call it drop dead coverage.

Its worthless till you drop dead. One more year and he is on Medicare. Poor Devil.

Me. I am uninsured now. Its cheaper to shop around and pay cash. No way I am paying $ 600.00 a month as a non smoker.

At 53 I am basically uninsurable unless I want to just throw money away.

I am going to take that money and go enjoy myself. Screw the bloodsucking insurance companies.

I cant wait till they all go belly up and the stock is worthless. They went too far and deserve to go the way of the dinosaur.</blockquote>


I know what you mean. In the beginning, my wife and I paid for our medical insurance. Then we noticed BC/BS kept increasing our monthly dues every quarter. Keep in mind, we're both healthy and rarely needed to see our doctors. Imagine that. 2 healthy members who never use their medical insurance. Yeah, yeah...I have heard the old saying, "Well, what if you come down with something catastrophic." I'll take my chances.



Then to save cost we went from PPO to HMO. HMO is such a joke. Sure you pay less in your monthly. But everytime you need your primary dr. to refer you to a specialist. The time it takes a patient to research for a specialist. Then go to his primary and ask for the referral. It could take weeks. All the while you're paying the insurance co. and have to wait ...and wait.



Well, you know what? Screw the insurance co. I have nieces, nephews and cousins who are doctors now.
 
[quote author="reason" date=1249309481]

Yes, surprisingly. What you have shared on this forum re: your personal journey. I have also gone through in similar ways. It seems like you're choosing the accounting/finance field over real estate. Care to share your reason(s) for choosing one over the other?</blockquote>
Ok, time to answer your question...I guess I'm leaning towards accounting/fiance because it comes easy for me and that was the focus of my education and first professional experience along with having a passion for it. I do love the real estate side as well but I just don't know that I could become a full-time realtor. I have a problem with the compensation structure for realtors and do feel that it causes incentives between agents and their buyers and/or sellers to become misaligned due to the big dollars involved in closing a transaction plus I'm not all that assertive with my clients because I hate pushy people (so I might starve if I tried to become a full-time realtor). That also makes being a full-time realtor not as enticing to me is due to the fact that the industry has a lot of bad agents (arrogant, inexperienced, full of themselves, and/or just difficult to deal with) and it starts getting to me a bit dealing with those bad ones over and over again. Most of all though, the reason why I want to start of my own consulting business using my accounting/finance skills and work with small business owners is that I want to see myself making a valuable and tangible difference for my clients (besides not wanting to deal with the whole corporate office politics and drama). I have removed a lot of debt and monthly expenses from my life which makes me more comfortable "going for it" in terms of being my own boss.
 
[quote author="usctrojanman29" date=1249804485][quote author="reason" date=1249310958]

Yes, surprisingly. What you have shared on this forum re: your personal journey. I have also gone through in similar ways. It seems like you're choosing the accounting/finance field over real estate. Care to share your reason(s) for choosing one over the other?</blockquote>
Ok, time to answer your question...I guess I'm leaning towards accounting/fiance because it comes easy for me and that was the focus of my education and first professional experience along with having a passion for it. I do love the real estate side as well but I just don't know that I could become a full-time realtor. I have a problem with the compensation structure for realtors and do feel that it causes incentives between agents and their buyers and/or sellers to become misaligned due to the big dollars involved in closing a transaction plus I'm not all that assertive with my clients because I hate pushy people (so I might starve if I tried to become a full-time realtor). That also makes being a full-time realtor not as enticing to me is due to the fact that the industry has a lot of bad agents (arrogant, inexperienced, full of themselves, and/or just difficult to deal with) and it starts getting to me a bit dealing with those bad ones over and over again. Most of all though, the reason why I want to start of my own consulting business using my accounting/finance skills and work with small business owners is that I want to see myself making a valuable and tangible difference for my clients (besides not wanting to deal with the whole corporate office politics and drama). I have removed a lot of debt and monthly expenses from my life which makes me more comfortable "going for it" in terms of being my own boss.</blockquote>


I agree with you Trojan that you will be selling yourself too short becoming a full-time real estate agent. I think that starting your own CPA consulting company should be your primary business and selling/buying real estate should be your side income. Being a realtor, having extensive real estate knowledge, and having a passion for accounting/finance makes you unique as a CPA. As you know CPA generalists are a dime a dozen as yellow pages are filled with them. Trojan, that is why you need to identify your niche that uniquely defines you when you start your accounting/finance business. When i first started my company, I looked for a CPA who had extensive tax experience in both small businesses and real estate. To tell you the truth, good ones are very hard to find. I wanted a CPA who can give me advice on optimizing my deductions in both my SCorp and real estate holdings and providing me with a detailed tax strategy for the year. A CPA who can tell me that I can purchase a small commerical property under LLC and lease it back to my SCorp. Unfortunately, that's not my CPA. It would be awesome if your new consulting venture can specialize in small businesses / real estate because I know that's the type of CPA i will be looking for in OC.
 
Something about this of this thread makes me think of those Real Men of Genius commercials.. see here if you have no idea what I am talking about...

<a href="http://en.wikipedia.org/wiki/Real_Men_of_Genius">Real Men of Genius</a> We salute YOU Mr. T-Shirt Launcher Inventor..



That being said, I produce video games, or more accurately I was the head of a video game production team until the French owned company I worked for made the genius move of closing my business unit. The only business unit that was making any money, and therefore closed the rest of the company a few months later. European business practices are.. interesting to say the least. And by interesting I mean utterly anti-capitalism.



This makes me popular with the 13 to 24 year old male demographic, not because I am hot or because I am a real woman of genius, but because they would give their eyeteeth for my job. However this also makes me a little lowbrow for IHB
 
[quote author="GraceOMalley" date=1249866284]Something about this of this thread makes me think of those Real Men of Genius commercials.. see here if you have no idea what I am talking about...

<a href="http://en.wikipedia.org/wiki/Real_Men_of_Genius">Real Men of Genius</a> We salute YOU Mr. T-Shirt Launcher Inventor..



That being said, I produce video games, or more accurately I was the head of a video game production team until the French owned company I worked for made the genius move of closing my business unit. The only business unit that was making any money, and therefore closed the rest of the company a few months later. European business practices are.. interesting to say the least. And by interesting I mean utterly anti-capitalism.



This makes me popular with the 13 to 24 year old male demographic, not because I am hot or because I am a real woman of genius, but because they would all give their eyeteeth for my job. However this also makes me a little lowbrow for IHB</blockquote>
Those commercials are pure genius (pun intended) and those advertising firms really earned their keep. I'll admit I'm a video game player and enjoy the EA sports games, Grand Theft Auto series games, and the other first person shooting games.
 
[quote author="GraceOMalley" date=1249866284]Something about this of this thread makes me think of those Real Men of Genius commercials.. see here if you have no idea what I am talking about...

<a href="http://en.wikipedia.org/wiki/Real_Men_of_Genius">Real Men of Genius</a> We salute YOU Mr. T-Shirt Launcher Inventor..



That being said, I produce video games, or more accurately I was the head of a video game production team until the French owned company I worked for made the genius move of closing my business unit. The only business unit that was making any money, and therefore closed the rest of the company a few months later. European business practices are.. interesting to say the least. And by interesting I mean utterly anti-capitalism.



<strong>This makes me popular with the 13 to 24 year old male demographic</strong>, not because I am hot or because I am a real woman of genius, but because they would all give their eyeteeth for my job. However this also makes me a little lowbrow for IHB</blockquote>


Sadly, IMO your popularity is with a much broader demographic... as evidenced by USC's response. :) I'd add another 11 years...



edited to add: My 30-something bf just jumped on that internet-based Battlefield game... sigh
 
[quote author="Sunshine" date=1249869441][quote author="GraceOMalley" date=1249866284]Something about this of this thread makes me think of those Real Men of Genius commercials.. see here if you have no idea what I am talking about...

<a href="http://en.wikipedia.org/wiki/Real_Men_of_Genius">Real Men of Genius</a> We salute YOU Mr. T-Shirt Launcher Inventor..



That being said, I produce video games, or more accurately I was the head of a video game production team until the French owned company I worked for made the genius move of closing my business unit. The only business unit that was making any money, and therefore closed the rest of the company a few months later. European business practices are.. interesting to say the least. And by interesting I mean utterly anti-capitalism.



<strong>This makes me popular with the 13 to 24 year old male demographic</strong>, not because I am hot or because I am a real woman of genius, but because they would all give their eyeteeth for my job. However this also makes me a little lowbrow for IHB</blockquote>


Sadly, IMO your popularity is with a much broader demographic... as evidenced by USC's response. :) I'd add another 11 years...



edited to add: My 30-something bf just jumped on that internet-based Battlefield game... sigh</blockquote>
OMG, I love the internet-based Battlefield game and can't wait until Battlefield 2 comes out on 12/31/09...just in time for when I wrap up all of the CPA studying. Tell him my handle on the game is also usctrojanman29.
 
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