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Buying silver

You don't have money to invest. Worry about actually working for money. Get rich quick schemes are not worth the energy to think about them.
 
IMO having precious metals in your portfolio is a smart move. Having the actual item on hand is better than an ETF or other financial instrument because nothing is better than the real deal. Most people are not aware of this but the US prohibited the ownership of gold via Executive Order 6102 in 1933 (dirtbag FDR). It could happen again in the future.

lartinos is right on though. Doing it for a get rich scheme is not smart. Buying it for a long term investment is good.

I've seen some estimates that the USD will depreciate 20-40% over the next few years. If that is the case then investing in commodities and precious metals is a smart move. I could be wrong on this, gold is very high right now (I do not track silver). Some argue there is a small bubble in the making but I'd bet against the dollar with a hedge on gold and silver before I would short gold or silver.
 
Christ.
 
Army Vet said:
IMO having precious metals in your portfolio is a smart move. Having the actual item on hand is better than an ETF or other financial instrument because nothing is better than the real deal. Most people are not aware of this but the US prohibited the ownership of gold via Executive Order 6102 in 1933 (dirtbag FDR). It could happen again in the future.

lartinos is right on though. Doing it for a get rich scheme is not smart. Buying it for a long term investment is good.

I've seen some estimates that the USD will depreciate 20-40% over the next few years. If that is the case then investing in commodities and precious metals is a smart move. I could be wrong on this, gold is very high right now (I do not track silver). Some argue there is a small bubble in the making but I'd bet against the dollar with a hedge on gold and silver before I would short gold or silver.
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This would def be long term, not short term. I just want to invest in this now while the price is still cheap. I know I need to work for now, live paycheck to paycheck, but once I have some money to run my own business or buy some real estate, THAT is when I will have money working for me, not the other way around.

Im def gonna get some silver then. You know maybe around 4-500 dollars a month. That will get me around a lb of silver a month. An oz of gold is going for around 1300 right now
 
Focus on finishing school and getting a good job with health insurance benefits for your kid.
I know you want to be a baller with all this silver/gold/real estate talk but you arent going to be in a position to do any of that with the kid coming.
Not trying to be a downer but time to face facts.
 
superdave said:
Focus on finishing school and getting a good job with health insurance benefits for your kid.
I know you want to be a baller with all this silver/gold/real estate talk but you arent going to be in a position to do any of that with the kid coming.
Not trying to be a downer but time to face facts.
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See bro times are different, its not as easy as just getting a degree, getting a stupid job and living paycheck to paycheck. I wanna make money work for me and I can do that with the right knowledge of money. For now, yea ill have my part time jobs but eventually silver will be worth a shit load

The kid will get his child support and thats about it, Im actually thinking of the kid when I mean buying silver, its a long term investment obviously.
 
the.gladiator1987 said:
See bro times are different, its not as easy as just getting a degree, getting a stupid job and living paycheck to paycheck. I wanna make money work for me and I can do that with the right knowledge of money. For now, yea ill have my part time jobs but eventually silver will be worth a shit load

The kid will get his child support and thats about it, Im actually thinking of the kid when I mean buying silver, its a long term investment obviously.
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lol!

i'm banking on the copper market exploding, hoarding pennies like you ain't seen before
 
the.gladiator1987 said:
See bro times are different, its not as easy as just getting a degree, getting a stupid job and living paycheck to paycheck.
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For you, yes it is.

You're not going to get rich off of silver or any other investment any time soon.
 
Soon = within the next 20 years.

Hows your apricot seed bidness working out?
 
Yea youre right times are different. Times are different for well educated single guys with no kids. But for you its even more different (i.e. Fucked), because you are going to have a cash flow problem every month. Starting any business takes startup capital, starting an investment portfolio worth a shit takes capital. Unless you are already making enough money to cover your bills + child support + business investment, then forget it.
Do you have some sort of large chunk of cash just sitting around in a bank account or something?
At minimum you are going to need that as of right now because you are going to have problems throwing money at some venture each month because of CS payments.
Once again not trying to be downer but you seriously need to get used to just having enough money to get by until you get experience and a better paying job.
 
superdave said:
Yea youre right times are different. Times are different for well educated single guys with no kids. But for you its even more different (i.e. Fucked), because you are going to have a cash flow problem every month. Starting any business takes startup capital, starting an investment portfolio worth a shit takes capital. Unless you are already making enough money to cover your bills + child support + business investment, then forget it.
Do you have some sort of large chunk of cash just sitting around in a bank account or something?
At minimum you are going to need that as of right now because you are going to have problems throwing money at some venture each month because of CS payments.
Once again not trying to be downer but you seriously need to get used to just having enough money to get by until you get experience and a better paying job.
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Bro I have 3 jobs! Im making $1800/month right now. I live with my dad since Im not livin with my cheating EX-gf. Wanna know my expenses?

phone - 60
court fine - 40
insurance - 70
gym - 30
gas - 100


Thats 300/month bro. I basically have 1500/month so in 6 months I WILL have at least 5000 in the bank. Or in some kind of investment or something.
 
superdave said:
Yea youre right times are different. Times are different for well educated single guys with no kids. But for you its even more different (i.e. Fucked), because you are going to have a cash flow problem every month. Starting any business takes startup capital, starting an investment portfolio worth a shit takes capital. Unless you are already making enough money to cover your bills + child support + business investment, then forget it.
Do you have some sort of large chunk of cash just sitting around in a bank account or something?
At minimum you are going to need that as of right now because you are going to have problems throwing money at some venture each month because of CS payments.
Once again not trying to be downer but you seriously need to get used to just having enough money to get by until you get experience and a better paying job.
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you are harshin' my mellow with all this serious talk bro!
 
75th said:
Soon = within the next 20 years.

Hows your apricot seed bidness working out?
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Its going good. Its a little something I called "cash-flow"

Ive been reading books and talking to my brother about money, wealth and financial success. And Im learning a lot. Im learning that I have been like a lot of ppl and with more money I get, the more I spend. Instead of focusing on my assets, I raise my income but I also raise my expenses. So im always living paycheck to paycheck.

I actually sold my business to my brother for $1500 last month, but now that I am understanding money and how to use it, I am going to buy it back. That was a straight up, non taxed, asset.
 
lmao
 
I just figured out who you remind me of...

Mike Tyson after he got his GED. He started using all this big words and phrases that he didnt understand at all, but gosh darnit they sounded good and he thought made him look smart.
 
This is a hair-brain scheme. You will mis-manage your money as usual and silver will take forever to give any real profits if at all.
You need to step in to reality and face your problems with realistic answers and get out of the dream world.
 
the.gladiator1987 said:
lolol at u guys livin ur lives workin for someone, and not making money work for you

Wulfgar and someone else on here know what they are doin, I think its layinback

What assets do you guys have? Id like to know.
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Excuse me sir... you are forgetting about me. I (not you) can talk about investing. You will only lose money if you start throwing money into the market. I have lost money in the market that I could afford to at first before I made a nice chunk off of Starbucks (I held that stock for 2 years). Adderllin was the biggest investment I have ever made. Even if the others have not made money off investments they are still giving solid opinions and well thought out answers that you should listen too.
 
RottenWillow said:
Mutual funds and a house with currently about 65k in equity.
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lolol at you thinking a house counts as an asset. Are u joking? Theres so many expenses that come with a house, does the house make you money every month? If not then your house is a LIABILITY and not an asset

mutual funds are actually a smart move
 
the.gladiator1987 said:
lolol at you thinking a house counts as an asset. Are u joking? Theres so many expenses that come with a house, does the house make you money every month? If not then your house is a LIABILITY and not an asset

mutual funds are actually a smart move
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What? You aren't making any sense man.
 
lartinos said:
This is a hair-brain scheme. You will mis-manage your money as usual and silver will take forever to give any real profits if at all.
You need to step in to reality and face your problems with realistic answers and get out of the dream world.
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i wont mis manage my money, but i dont care if you think i will or not. The point is that I have money to put towards assets that will give me money from something other than my 9-5 job.

What problems do I have? child support? big fuckin deal dude a couple hundred dollars isnt gonna hurt or break me

Silver is a long term investment lol how many times do I have to say this? holy shit
 
lartinos said:
What? You aren't making any sense man.
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explain to me how a house is n asset. How does a house MAKE you money every month. To me, a house costs you more money than it makes you every month.

Yea you can have equity and thats all gravy but how long is it gonna be till you pay your house off? Probably 30 years for most ppl? fuck that
 
the.gladiator1987 said:
i wont mis manage my money, but i dont care if you think i will or not. The point is that I have money to put towards assets that will give me money from something other than my 9-5 job.

What problems do I have? child support? big fuckin deal dude a couple hundred dollars isnt gonna hurt or break me

Silver is a long term investment lol how many times do I have to say this? holy shit
Click to expand...

I don't think silver is a horrible investment. I just don't think it is the answer you your problem.It is not worth the time and energy spent. The CS is a large burden, please stop minimizing this and be real. If you ever owned your own real company I could see you owning a small local business. Powerwashing, landscaping, mobile carwash etc.. Those could make you some money and are in the realm of realistic for yourself. Think of things along those lines.
 
lartinos said:
Excuse me sir... you are forgetting about me. I (not you) can talk about investing. You will only lose money if you start throwing money into the market. I have lost money in the market that I could afford to at first before I made a nice chunk off of Starbucks (I held that stock for 2 years). Adderllin was the biggest investment I have ever made. Even if the others have not made money off investments they are still giving solid opinions and well thought out answers that you should listen too.
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I forgot about adderlin, that is a smart investment.

But see that is what im talking about. investing in things that make you money where you dont work for anybody, you are your own boss. Money is working for you, and that is an asset.

The only opinion ive gotten is to be real about life and not invest in silver, that it takes too long, that i have a kid, blah blah fucking blah.
 
lartinos said:
I don't think silver is a horrible investment. I just don't think it is the answer you your problem.It is not worth the time and energy spent. The CS is a large burden, please stop minimizing this and be real. If you ever owned your own real company I could see you owning a small local business. Powerwashing, landscaping, mobile carwash etc.. Those could make you some money and are in the realm of realistic for yourself. Think of things along those lines.
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Theres not a lot of time and energy by goin on ebay and buying silver coins here and there....

Ok CS is a lare burden. i realize that. My point is that im not gonna let it stop me from putting my money towards assets and other things that will make me money.

I am about to buy my ebay store back from my bro, that is a perfect example of an asset. I can expand that, or I can look into starting something else like you said, something on a smaller scale for now. Eventually its real estate where the real money is at
 
the.gladiator1987 said:
explain to me how a house is n asset. How does a house MAKE you money every month. To me, a house costs you more money than it makes you every month.

Yea you can have equity and thats all gravy but how long is it gonna be till you pay your house off? Probably 30 years for most ppl? fuck that
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Having a house is an asset, lol. Here is the definition.
"Any item of economic value owned by an individual or corporation, especially that which could be converted to cash. Examples are cash, securities, accounts receivable, inventory, office equipment, real estate, a car, and other property. On a balance sheet, assets are equal to the sum of liabilities, common stock, preferred stock, and retained earnings. From an accounting perspective, assets are divided into the following categories: current assets (cash and other liquid items), long-term assets (real estate, plant, equipment), prepaid and deferred assets (expenditures for future costs such as insurance, rent, interest), and intangible assets (trademarks, patents, copyrights, goodwill)."

Thinking that silver is a way to make income for someone at the level you are at is preposterous. You need to have realistic answers to your problems. This is NOT one.
 
the.gladiator1987 said:
lolol at you thinking a house counts as an asset. Are u joking? Theres so many expenses that come with a house, does the house make you money every month? If not then your house is a LIABILITY and not an asset

mutual funds are actually a smart move
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olololollollololololooloolloloollololololloloolloolololololololoolloololloolololollllloolololol

And you're right...retards like me have no idea what we're doing. It's not like I manage investment portfolios for a living or anything.

I am about to buy my ebay store back from my bro, that is a perfect example of an asset.
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lol

Eventually its real estate where the real money is at
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LOL
 
the.gladiator1987 said:
Theres not a lot of time and energy by goin on ebay and buying silver coins here and there....

Ok CS is a lare burden. i realize that. My point is that im not gonna let it stop me from putting my money towards assets and other things that will make me money.

I am about to buy my ebay store back from my bro, that is a perfect example of an asset. I can expand that, or I can look into starting something else like you said, something on a smaller scale for now. Eventually its real estate where the real money is at
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You are on the wrong track. None of this will ever do jackshit for you bro. I am just giving you my honest opinion. If anyone disagrees with me other than you I'd like to hear it.
 
the.gladiator1987 said:
I forgot about adderlin, that is a smart investment.

But see that is what im talking about. investing in things that make you money where you dont work for anybody, you are your own boss. Money is working for you, and that is an asset.

The only opinion ive gotten is to be real about life and not invest in silver, that it takes too long, that i have a kid, blah blah fucking blah.
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Yea bro no shit, be real about life. How is that in any way going to steer you wrong? You cant dismiss this sort of realistic advice for someone in your position. Youre not in a position to have your money make money for you now. That takes a shitton of money and investment acumen to get to that level where it is throwing off an appreciable return annually. But the concept sounds real good when you read in a book or some jackasses get rich quick website. So put down the Rich Dad Poor Dad books and realize which quadrant you are going to have to work in for a while.
These are the only options you have if you dont want to work for someone else or have your own business:

1. Contractor work- This means you provide labor or a service in some capacity for a flat fee or per job amount for the end consumer. Best example of this business form are construction contractors. But as Lart mentioned, power washing, windshield repair, landscaping, etc is all contracting work. You have to invest in PP&E related to whatever industry you are getting into, so this is probably not going to work for you unless you can find something that is small time to start and is scaleable to bigger levels. You also have to bust your ass getting and keeping clients.

2. Subcontractor- This is where you do work for companies as a subcontractor. You arent exactly owning your own business but you have a job that you happen to own with very minimal, if any, meddling by any sort of boss. I do this work by the way and I really like it. I make my own schedule, have no boss, get paid a flat fee, and only have to worry about getting the job done on time and correctly. No bosses to answer to. This is the easiest type of work to get into also as it requires nothing but a little time and skill to start up.

3. Sell a product- You know all about this through your apricot seeds. You also know if you had enough money to throw at it you could probably do a lot better. But theres that pesky thing again "it takes money to buy marketing, inventory, better equipment, space, etc". This type of business will probably have to wait for you because of cash flow.

4. Investments- This is what you keep trying to think about but dont have the cash or, more importantly investment skill, so dont waste your time right now.

I see your best options at this point as 2, 1, or get a JOB.

And I guarantee that Lart is busting his ass in his business if he is even modestly successful. Hes not sitting back and going "well I just invested $20K in this here Adderlin business, so I can sit back and have my money work for me".
 
the.gladiator1987 said:
lolol at u guys livin ur lives workin for someone, and not making money work for you

Wulfgar and someone else on here know what they are doin, I think its layinback

What assets do you guys have? Id like to know.
Click to expand...

-retirement account with quite a chunk of change
-property
-vehicle
-mutual funds and ira

some of that my fam hooked me up with, some is
from my own work.
you are a good bro, but you are setting yourself to get pwned
financially when reality sets in.
we all see it, except you
 
ok i agree im outta line with the investment thing. That WILL have to wait, thanks bor's. Im going to

-buy ebay store back. That created good cash flow
-Keep working my 3 jobs
-Save up $1000 asap and put that in "emergency savings"
-Any savings after that will be long term and going toward silver


lolol at rich dad poor dad...thats what i read
 
the.gladiator1987 said:
ok i agree im outta line with the investment thing. That WILL have to wait, thanks bor's. Im going to

-buy ebay store back. That created good cash flow
-Keep working my 3 jobs
-Save up $1000 asap and put that in "emergency savings"
-Any savings after that will be long term and going toward silver


lolol at rich dad poor dad...thats what i read
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Yea no kidding rob. Hes got good points but you have to be in a position to actually apply his theories.
 
superdave said:
Yea no kidding rob. Hes got good points but you have to be in a position to actually apply his theories.
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Thanks for lookin out SD, ima wait on all that investing shit lolkaseltzer

What do u think about saving 1-2k cash for emergency, and then saving the rest of my money towards savings in silver? And buyin back my ebay store?
 
the.gladiator1987 said:
Thanks for lookin out SD, ima wait on all that investing shit lolkaseltzer

What do u think about saving 1-2k cash for emergency, and then saving the rest of my money towards savings in silver? And buyin back my ebay store?
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focus on just one thing, not silver. Something you have more control over. Why dont you have your ebay business anymore?
 
LOL @ seeing silver hit a massive high and then deciding to invest in it.. you don't buy at it's peak if you want to make money.

Too bad you didn't make this post earlier. A week ago I sold an ass load I'd been accumulating for several years.
 
superdave said:
focus on just one thing, not silver. Something you have more control over. Why dont you have your ebay business anymore?
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Ok well im gonna focus on upgrading the GEO lolz and then putting 2k in savings for emergency, then slowly buying silver

I just want it for when im older and the dollar crashes

I sold my ebay biz to my bro a month ago to pay for some stupid fuckin bill, now im realizing that that was stupid move, im gonna buy it back cuz that was easy cash flow.
 
redshirt27se said:
LOL @ seeing silver hit a massive high and then deciding to invest in it.. you don't buy at it's peak if you want to make money.

Too bad you didn't make this post earlier. A week ago I sold an ass load I'd been accumulating for several years.
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How is silver at its peak lol it is going to continue to go up
 
Guys, obviously glad has done his research on this. We should all support him.

Glad, dont bother with an emergency fund. The only emergency would be not owning enough silver. Buy now, and buy a shit ton of it.
 
75th said:
Guys, obviously glad has done his research on this. We should all support him.

Glad, dont bother with an emergency fund. The only emergency would be not owning enough silver. Buy now, and buy a shit ton of it.
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But first teh Geo needs upgrading bruh. Gotta have something dope to haul around all your silver.
 
Glad, a couple thousand dollars isn't enough emergency money if that kid is yours. One trip to the emergency room will wipe that out.
 
the.gladiator1987 said:
what about insurance through my work??
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Will it cover everything? My brother had a kid 2 years ago and he still had to pay like $5,000 of the birth. Then his daughter wasn't eating and they kept her in the hospital for 3 weeks doing tests and insurance didn't even cover half of that.

And is she on your insurance? I thought you had to be married for her to be covered by insurance. And sometimes you have to pay extra for maternity benefits. I could be insured, for example, and if I don't elect that coverage and end up pregnant I am screwed.

Does she have medical insurance?
 
just tell the hospital you're illegal. No bill. Naive americans don't know how to work the system. Pay up!

c
 
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LOLOLOLOLOL @ this thread

my mortgage is more than the kid makes in a month


also...glad..in all seriousness...this is a shitty thing to say/do, but ...don't increase your earnings in any way shaope or form until your child support is set
if you don't have employer health insurance, most states will allow you to not cover the kid, but most states also take up to 50% of your GROSS earnings in child support...some people don't even take home 50% of their gross

don't worry about investing...put some money aside in a basic savings account because you are very likely going to need quick access to it
if the kid isn't yours than you have money to play with for whatever your little heart desires, tho hopefully you keep some of it stashed as an emergency fund...8 months of real life real world living expenses is a good base



and real estate is the only thing I know how to invest in, so I have zero contribution otherwise
 
Im mostly fuckin around in this thread but as a mature adult I have to admit I got pwnd hahahaa. kinda kidding abou bein a mature adult too but thats why i love the internet i love to fuk around and all you guys/girls on EF are good peeps

So once child support is set and then i make more money , my child support will stay the same? Unless she gos to court and tells them im makin more money?


Also like I said I am going to save 2000 for emergency funds. Since I live at home I dont pay rent/utilities/food. Im gonna save up 2000 for emergency, get my tickets paid off, and get a better car by the time april comes. That will be a way better base for me to start as a parent rather than where im at now.


shirlene29 said:
LOLOLOLOLOL @ this thread

my mortgage is more than the kid makes in a month


also...glad..in all seriousness...this is a shitty thing to say/do, but ...don't increase your earnings in any way shaope or form until your child support is set
if you don't have employer health insurance, most states will allow you to not cover the kid, but most states also take up to 50% of your GROSS earnings in child support...some people don't even take home 50% of their gross

don't worry about investing...put some money aside in a basic savings account because you are very likely going to need quick access to it
if the kid isn't yours than you have money to play with for whatever your little heart desires, tho hopefully you keep some of it stashed as an emergency fund...8 months of real life real world living expenses is a good base



and real estate is the only thing I know how to invest in, so I have zero contribution otherwise
Click to expand...
 
the.gladiator1987 said:
So once child support is set and then i make more money , my child support will stay the same? Unless she gos to court and tells them im makin more money?
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Glad, what state are you in? They lay out the child support laws in black and white, you just have to look for them/read them.

She can get you audited and your child support can be reassesed, I think on a yearly basis. The court will demand you present tax records, pay stubs, bank statements, etc. They don't care what your living expenses are. Failure to present this material, or present false material, can earn you fines and could be construed as contempt of court.

Basically, the family courts can put a lien against your wages, against income tax refunds or any financial judgments you receive. Even if you're paying for more than 50% of the child's support that doesn't automatically mean you get the kid as a tax write off if she's the custodial parent. She has to sign an IRS form that you need to file with your taxes and nothing can compel her to sign that form, unless you get it ordered in a decree.

Above and beyond child support, you can be responsible for a portion of daycare (for infants, that can run up to $200 or more a week) for extracurricular activities (like karate or music lessons or summer camp) and a percentage of copayments on any health care related stuff (eyeglasses, braces, prescription medications). Yes, ABOVE and beyond child support.

The rough estimate cost to raise a child from birth to age 18 in America (no private schooling, not factoring in college) is currently $190,000. Do the math. If you only get hit for 50%, you could potentially be held responsible for $440 a month for the next 18 years.

Here's a real life scenario: My husband was making about $50,000 a year, his ex about $30,000 when they got divorced. The order was based on that figure. His decree was $200 a week, which was raised to $255 when the kids went into daycare. When they were taken out of daycare he asked his ex to drop the $55 a week. She threatened to have him reassessed, and considering cost of living, we were genuinely afraid the assessment might go up. Needless to say, we ate crow and she kept the money. When his daughter graduated high school his payment was not cut in half, it was reduced by about 1/4, down to $163 a week. And since he took over a month to get back to the support office, she got, and kept, about 6 weeks worth of child support payments that she was not ordered to return.

The harsh truth is, in the world of child support, the custodial parent, who is USUALLY the woman, generally wins. The logic being that the best interests of the child come before that of the parents.

Now, what was your opinion on abortion again?
 
yeah, your support will stay the same unless she petitions for an adjustment of support


Ive never done it for my oldest and he pays based on a wage of like 6 bucks an hr...haha
just don't be in her face about earnings ever...no haha...look at how well im doing or she'll take a piece of that pie

don't let people you can't make money because youre young..or arent well funded...I did very well at 21 (with a measely 10k start up) but probably would have done a lot better if I had had the maturity I acquired later...and would probably do better now if I had the maturity of someone older than me now...see what I'm saying?

I contend taking some financial chances when you're young is the best time to do it because you don't have to sweat losing your "retirement" and you have time to start all over
 
musclemom said:
Glad, what state are you in? They lay out the child support laws in black and white, you just have to look for them/read them.

She can get you audited and your child support can be reassesed, I think on a yearly basis. The court will demand you present tax records, pay stubs, bank statements, etc. They don't care what your living expenses are. Failure to present this material, or present false material, can earn you fines and could be construed as contempt of court.

Basically, the family courts can put a lien against your wages, against income tax refunds or any financial judgments you receive. Even if you're paying for more than 50% of the child's support that doesn't automatically mean you get the kid as a tax write off if she's the custodial parent. She has to sign an IRS form that you need to file with your taxes and nothing can compel her to sign that form, unless you get it ordered in a decree.

Above and beyond child support, you can be responsible for a portion of daycare (for infants, that can run up to $200 or more a week) for extracurricular activities (like karate or music lessons or summer camp) and a percentage of copayments on any health care related stuff (eyeglasses, braces, prescription medications). Yes, ABOVE and beyond child support.

The rough estimate cost to raise a child from birth to age 18 in America (no private schooling, not factoring in college) is currently $190,000. Do the math. If you only get hit for 50%, you could potentially be held responsible for $440 a month for the next 18 years.

Here's a real life scenario: My husband was making about $50,000 a year, his ex about $30,000 when they got divorced. The order was based on that figure. His decree was $200 a week, which was raised to $255 when the kids went into daycare. When they were taken out of daycare he asked his ex to drop the $55 a week. She threatened to have him reassessed, and considering cost of living, we were genuinely afraid the assessment might go up. Needless to say, we ate crow and she kept the money. When his daughter graduated high school his payment was not cut in half, it was reduced by about 1/4, down to $163 a week. And since he took over a month to get back to the support office, she got, and kept, about 6 weeks worth of child support payments that she was not ordered to return.

The harsh truth is, in the world of child support, the custodial parent, who is USUALLY the woman, generally wins. The logic being that the best interests of the child come before that of the parents.

Now, what was your opinion on abortion again?
Click to expand...


What if I was the custodial parent is there a possibility that could happen?

What if I worked something out with her to where i dont have to go through the courts to pay her but we just agreed on something?
 
when you factor in that the state can and often does take a small cut, plus make you pay back and state assistance...you can see why the state is unmotivated to be on the non custodial parents side...

FWIW I happen to think most of the parental, paternity, cs laws etc etc are complete and total railroading...but it doesn't change the fact they are what they are

a break down of my support order for my oldest is,

he pays, 60% of daycare expenses, 100% of all insuarnace copays and premiums and will carry insurance on her if available to his employer and what was at the time...30% of his wages


to date, he has paid 30% of his wages in 96' aboutn 70% of the time...lol

the rest is difficult to enforce honestly and not worth the fight to me because hes such a deadbeat otherwise
 
the.gladiator1987 said:
What if I was the custodial parent is there a possibility that could happen?

What if I worked something out with her to where i dont have to go through the courts to pay her but we just agreed on something?
Click to expand...


then you leave yourself open to a he said/she said scenario

she can turn around and say she has custody and hasnt been paid support since the kid is born...bam, you're fuckewd for however much back support right off the bat unless you kept meticulous records and the court decides to let you submit it for evidence
 
shirlene29 said:
when you factor in that the state can and often does take a small cut, plus make you pay back and state assistance...you can see why the state is unmotivated to be on the non custodial parents side...

FWIW I happen to think most of the parental, paternity, cs laws etc etc are complete and total railroading...but it doesn't change the fact they are what they are

a break down of my support order for my oldest is,

he pays, 60% of daycare expenses, 100% of all insuarnace copays and premiums and will carry insurance on her if available to his employer and what was at the time...30% of his wages


to date, he has paid 30% of his wages in 96' aboutn 70% of the time...lol

the rest is difficult to enforce honestly and not worth the fight to me because hes such a deadbeat otherwise
Click to expand...


Damn i thought u could go to jail for not paying everything??

I think maybe I could make a deal with her in person, but i bet shed be a bitch and listen to her mom and take me to court.

Would it be worth it to live with her
 
only you can answer if it'll be worth it to live with her or not...but honestly, given her track record...I wouldn't set yourself up to beaccepting the kid as yours before its born

this could be perceived as such

and you can go to jail for not paying but I never pursued it...I've really just hoped he'd disappear to be honest so I don't bother kicking a fuss...
plus I have right along made more or less twice if not three times as much as him w/o my husbands salary and am in a helluva lot better financial situation otherwise...I prefer to rub that in his face instaead cuz i dont need his money...support goes right into my oldests own bank account :)
 
shirlene29 said:
only you can answer if it'll be worth it to live with her or not...but honestly, given her track record...I wouldn't set yourself up to be excepting the kid as yours before its born

this could be perceived as such

and you can go to jail for not paying but I never pursued it...I've really just hoped he'd disappear to be honest so I don't bother kicking a fuss...
plus I have right along made more or less twice if not three times as much as him w/o my husbands salary and am in a helluva lot better financial situation otherwise...I prefer to rub that in his face instaead cuz i dont need his money...support goes right into my oldests own bank account :)
Click to expand...

damnit i hope its not mine lol that would be awesome!

I know she would pursue it, shes a b!tch like that. Shes actually getting me mcdonalds right now. but shes payin for it.

I hope one day im makin lots of money and CS wont be anything to me..thx for all the advice shirlene!!
 
shirlene29 said:
only you can answer if it'll be worth it to live with her or not...but honestly, given her track record...I wouldn't set yourself up to be excepting the kid as yours before its born

this could be perceived as such

and you can go to jail for not paying but I never pursued it...I've really just hoped he'd disappear to be honest so I don't bother kicking a fuss...
plus I have right along made more or less twice if not three times as much as him w/o my husbands salary and am in a helluva lot better financial situation otherwise...I prefer to rub that in his face instaead cuz i dont need his money...support goes right into my oldests own bank account :)
Click to expand...



Didn't know ambulance drivers got paid so well...:whatever:
 
yeah... why are you worried about making mad tight loot if your chick is more than likely gonna beat you with the child support stick. stay poor my friend


*ghetto dos equise guy*
 
Listen to MM regarding domestic/child support matters or you will not be prepared when you get pwned. Which you no doubt will since you live in man-hating cali and shes the custodial parent.
 
damn if you make 3-4 times as much as he does on a paramedic salary,
then they bro must be a complete dbag...glad is balling compared to him.
my wage is roughly the equal so i know what we are working with.
suck for him
 
idk...im a class A tech and was in a supervisory with seniority position before getting jaded and letting it all go to hell...

I made considerably less at a commercial service than a munip...going over to a munip was a big jump in salary and bennies

but ya, he doesn't make shit...tho in fairness..when I said I have made as much as three times as much money as he does...I was actually including when I was a landlord of the building I owned free and clear
regular straight salary I only made about 10-15k more a yr than he did but have always been better at managing money
 
shirlene29 said:
idk...im a class A tech and was in a supervisory with seniority position before getting jaded and letting it all go to hell...

I made considerably less at a commercial service than a munip...going over to a munip was a big jump in salary and bennies

but ya, he doesn't make shit...tho in fairness..when I said I have made as much as three times as much money as he does...I was actually including when I was a landlord of the building I owned free and clear
regular straight salary I only made about 10-15k more a yr than he did but have always been better at managing money
Click to expand...

So why are you with him? Obviously in modern america if the man doesnt make more money than the woman he is totally worthless and should just be youthanized. Teh bishes on teh internet date sites said so it must be true.
 
the.gladiator1987 said:
What if I was the custodial parent is there a possibility that could happen?

What if I worked something out with her to where i dont have to go through the courts to pay her but we just agreed on something?
Click to expand...
Well, IMO, if she's already telling you she's gonna hit your ass for child support and she's got her plans mapped out. That baby represents a steady paycheck, doubtful if she'll work out something privately with you. If you had an equitable relationship, different story. But from the things you posted earlier, she's pissed at you and she's gonna put your ass through the ringer.

As for a 22 year old single guy with a less than stellar background getting custody of his kid if the mother WANTS to keep it ... put it this way, if she were a crack smoking whore who blew johns in front of the kid and the CPS worker, you'd still have less than 50% chance of getting the kid, particularly with her accusations of you being on juice and having anger problems.

Finally, she'd be an idiot to work out a private support agreement with you. What woman would pay a lawyer for what Family Courts will do, for free, with preferential treatment for her?
 
superdave said:
Listen to MM regarding domestic/child support matters or you will not be prepared when you get pwned. Which you no doubt will since you live in man-hating cali and shes the custodial parent.
Click to expand...
Glad lives in California?

He's fucked.

I told him to leave the country.
 
Jeez, all you have to do is have some capital and intelligence. It's not overly hard; you just have to know what risk is and how it works. As long as you're fine losing extremely large amounts of money, you're fine. But make sure you know damn well what you're getting in to:

Start with something like this that requires only basic math: http://www.stanford.edu/~japrimbs/Publications/OnBlackScholesEq.pdf

Depending on the areas you want to concentrate on, you can find similar. Some are more quant-based, some are more fundamentals-based, and some require more specialized knowledge. For example, if you're into seeds, delve into commodities.



:cow:
 
I will flat out tell glad that stocks are the wrong investment.
Invest is something that actually takes some work.
Even at first launching a supplement or something like that takes a lot of hustling.
You have to be a very motivated individual with "vision"
Without a vision you are nothing.
 
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