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  1. garyfritz

    HOT TOPIC Fed Up With Your Country? Where Is Left to Go?

    FWIW: West Nile is a non-issue. It's true that people died from West Nile, but it was rare, and it's gotten much more rare. The county I live in (northern Colorado) was the epicenter of West Nile when it first came through in 2003. We had the highest case rates of anywhere in the country...
  2. garyfritz

    GOLD! Vent about the fastlane formula

    You seem to believe that life ends at 30, and if you haven't made it by then, there's no point. I mean you'll be DEAD by then, amirite? Let me give you some perspective from the ripe old age of 65. Life at ANY age has just as much juice as you want to pull out of it. In my 60's I'm still...
  3. garyfritz

    Hit $2 Million Net Worth This Year!

    @halfstepdown88 you are my brother from another mother. ;) I also hit $1M pretty recently, and I'm at about $2M now. I've had several things click recently that are going to boost my income significantly. Like you, my health is messed up -- two cancers diagnosed in late 2019. Fortunately...
  4. garyfritz

    GOLD! What Are the Dumbest Financial Decisions You Have Ever Made?

    There are long-term and short-term strategies in both stocks and commodities. The fund I ran used strategies I developed that generally held positions on the order of 1-2 days. And actually it's misleading to call it a "commodity" fund, even though that was the official term. I traded...
  5. garyfritz

    GOLD! What Are the Dumbest Financial Decisions You Have Ever Made?

    This. I am no financial dummy -- I ran a very successful commodity fund with $10M in client money back in 2000. And yet my return in my stock accounts is NEGATIVE. I can't seem to buy something and leave it alone -- I've always been more of the "trader" mentality, and that doesn't always work...
  6. garyfritz

    GOLD! What Are the Dumbest Financial Decisions You Have Ever Made?

    When I was a baby engineer, 7 years out of college, I had racked up $100k in company stock. The market kept going higher and higher. This was the mid 80's, and the market had traded in a range for my entire adult life. The only way to make any money was to sell when it got too high, and buy...
  7. garyfritz

    HOT TOPIC Before You Empty Your Cash Deposit for Investment to fight Inflation...

    I may 1031 the condo into a 3-4 BR home. Or I may sell one of the others -- the current renters have expressed interest in buying, if they can qualify. I already did a cash-out refi on my home. :) Figured I could do a lot better than 3% with that cash...
  8. garyfritz

    HOT TOPIC Before You Empty Your Cash Deposit for Investment to fight Inflation...

    I have 3 SFR's (2 paid for, small mortgage on the 3rd) in Northern Colorado, plus an apartment in my basement. I feel like I've got too much of my net worth tied up in local real estate, and I thought about lightening up a bit. But this area has been a goldmine for holding real estate since...
  9. garyfritz

    O/T: HEALTH How to Wipe Your Own a$$ When You're 70

    Aging is definitely a concern, and you want to get on top of it BEFORE you break a hip. I'm almost 65. I've never done any kind of regular consistent exercise program, but I usually stayed somewhat active -- biking, hiking, skiing, yardwork, etc. I didn't lose any muscle mass and I have...
  10. garyfritz

    NOTABLE! Business is easy and it affects forum participation from heavy hitters.

    Bingo. I'm almost 65. I've gotten 2 cancer diagnoses in the last year, and one of them is considered "incurable." I may have a year or two left, or I may have 20 -- no way to know. That changes your outlook. I've been grinding for the last year (with lots of time off for medical stuff and...
  11. garyfritz

    HOT TOPIC [C0VlD-19] Forgiveable SBA Loans For Small Biz and Freelancers

    I'm pretty sure it was an EIDL. It was paid in one chunk, direct-deposited to my bank on 6/9/20. The deposit says it's from "MISC PAY SBAD TREAS." So how do I benefit from the grant? I paid back $18k of my $20k loan, and the statement says I still owe $2156.16. The paperwork doesn't say...
  12. garyfritz

    HOT TOPIC [C0VlD-19] Forgiveable SBA Loans For Small Biz and Freelancers

    I requested more than $1k per employee because I suffered way more losses than that. Plus I applied before they reduced it to $1k per employee. They don't seem to be treating it as a grant, because it started accruing interest on Day 1, and every month they send a statement reminding me I will...
  13. garyfritz

    HOT TOPIC [C0VlD-19] Forgiveable SBA Loans For Small Biz and Freelancers

    No, my paperwork doesn't say, but pretty sure it was EIDL. I haven't seen anything that says "send in this information and it'll get forgiven." Where did you find it? Hardly worth it for $2k but I might as well give it a try. As I understand it, they changed the rules to say they'd only...
  14. garyfritz

    HOT TOPIC [C0VlD-19] Forgiveable SBA Loans For Small Biz and Freelancers

    Hi all ... been out of touch for a while but I need to figure out this SBA loan. I applied for a $20k loan (since the pandemic directly cost me well over $20k just last summer), even though I wasn't strapped for cash. I was hoping to pick up on the "forgiven grant/loan" benefit. Well they...
  15. garyfritz

    HOT TOPIC Can we smoke weed in the entrepreneurial world?

    In college I got high with intensely smart guys who went on to very successful high tech careers, and a couple of them started very large very successful high tech companies. After college I regularly smoked with a friend who went on to be a VP at IBM. Similarly, I've enjoyed beer, wine, and...
  16. garyfritz

    NOTABLE! I'm a Doctor Who Has C0VlD-19. AMA

    I also picked one up. At the doc's office (I have cancer so I go regularly) I always read 97-99, and that's at 5000' altitude. Got my new fingertip reader and it's always reading 88-92 or so. WTF!? Is it defective? So today I had a doc appt and took my meter. Doc's oximeter said I was...
  17. garyfritz

    HOT TOPIC The Worldwide C0VlD-19 Coronavirus Pandemic Discussion Thread...

    Sure. It's like a political survey. They canvas some likely voters, maybe 0.1% of the actual electorate, and use that to extrapolate an estimate. It's not precise because they didn't ask every single person, but they can get a pretty good estimate. Not within 0.001% of course, but close...
  18. garyfritz

    HOT TOPIC The Worldwide C0VlD-19 Coronavirus Pandemic Discussion Thread...

    Norway, with their small and less-dense population, never went into sustained exponential growth of cases or deaths. So yes, lockdown might have been overkill for them. But I don't think that's the case in the US. We sustained exponential growth through most of March, and only started to slow...
  19. garyfritz

    HOT TOPIC The Worldwide C0VlD-19 Coronavirus Pandemic Discussion Thread...

    I decided to apply for EIDL, since I've had over $10k in lost profit directly as a result of C0VlD/shutdown/etc. I applied for $20k. My understanding is that they still plan to waive payback of the first $10k. (Still true?) I will hold onto the second $10k until I'm sure I won't need it...
  20. garyfritz

    HOT TOPIC [C0VlD-19] Forgiveable SBA Loans For Small Biz and Freelancers

    Short form on the portal on 3/31. I don't *remember* providing bank info ... Yeah me too. I was hoping for the $10k because I already have $5k in lost profits directly caused by C0VlD travel restrictions, and I also have upcoming lost revenue because of it. But if it's just $1000 per...
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