Posted by Dave H (MI) on March 07, 2016 at 11:55:53 from (50.33.245.55):
In Reply to: Trying times ahead!!! posted by JD Seller on March 06, 2016 at 20:11:22:
I really don't know how to break it to you, but I haven't had anything BUT trying times since 2001. Let's see...
Was having an OK year when a bunch of idiots decided to go flying. After that day, several of my corporate clients began having cash flow issues. Seems business just started to dry up. I had recently built a spec home with several of my tradesman clients (with me being the money guy) and we had to dump it fast. I paid them all off and ended up going into savings to do it. Clients who were used to grabbing every $$$ that came into their companies and it away on toys could not adapt to the new world where you had to actually manage your business to stay afloat. Many old friends went out of business and dropped out of sight...generally before my bill came due. By 2008 my business was down 60% but I had never had much fat to trim so I kept humming right along. In 2001 farm income was more of a hobby than anything else but that little bit of extra cash was needed now so, since the CPA practice was hurting I decided to expand the farm and bought more land in 2010 on the depressed real estate market. This turned out to be a pretty good idea, even though some days I beat myself half to death doing it. The local wildlife population is delirious over the idea, since they eat more of my profits than I do...still I make a bit on it. I dunno? Trying times ahead? Would those be MORE trying or LESS trying than the last 15 years?
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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