Greed

themickey said:
Ever visited the Gold Coast QLD, better than Sydney imo as traffic is bad and housing expensive.
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My sister in law's family is in Cairns and I spent a bit of time there working on a project with a couple companies up on the table lands. Too desolate for my taste though. I also have cousins of my godmother in the wine business in Port Macquarie, NSW and spent a couple months there to help out on a logistics streamlining project. Got caught up in one of their major flooding and was one of the last cars to make it out before everything was shut down.
My wife has lots of friends in Sydney (she grew up in Melbourne's suburbs) and wants a place to stay there a few months a year. But not only is it bloody expensive, but Australia is looking to impose global asset taxation on citizens who own property in Australia or spend more than 3 weeks a year there. If that goes through it just about ends property ownership there. Airbnb 2.5 weeks a year would settle that.
 
Overnight said:
Imagine if everyone on the government dole could find that same "unfairness"...Poverty is gone. Period (if they buy the lows, sell the highs). It would help with volume for sure! hehe!
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By everyone you are including corps, right?
 
Overnight said:
Nope. Just all the little ol' people like you and me. (Mostly me, who knows, you could have a new yacht for all I know. After all, your nickname here is a great name for a yacht.)
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My nick is ok but the one I prefer someone beat me to it .... ButtFloss I saw on the back of a niiice 44 footer in the Intracoastal years ago.
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Sound good for greed from other edge, usually greed conotation in bad, but this in good place, just to placed something in right time and place, greed can good but also bad on certain manner.
 
newwurldmn said:
As a trained truck driver what opportunity is greater than the 400k/year you are earning now?

i know there are a shortage of CDL-A Drivers but that’s a lot of money for that role unless you are transporting nuclear waste or something.
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Yes, a $400k earnings rate is extremely high for what I do. Although in some situations, if I were to drop the ball, a regional distribution center could be forced to shutdown, idling hundreds of truck drivers and adversely affecting deliveries to dozens of retail stores.

Commercial loan origination has greater earnings potential than what I’m making now. I did some test marketing for commercial loans and had a 100% closing rate. Yes, literally 100% on a meaningful sample size. I would do well with a .5% closing rate. So I see it being worth a shot. Startup costs are low and I have a solid business plan. The challenge would be expansion, not that I have to expand to do well.

I feel there is an underserved need for quality equation for those born into poverty in the United States. It would be great to be a part of addressing this perceived need. Commercial lending could be the key.
 
VicBee said:
I'd like to piggyback on that notion of entitlements that you bring up because it's something that's been bothering me for some time. I forget about how overwhelming entitlement is perceived in other countries, but while I was in the Bay Area and living in America, I came to be quite fed up with individuals or groups who, for one reason or another, asserted their entitlement to something over others. I'm still not entirely sure to have pinpointed this frustration to something specific or a general trend.
I've encountered countless instances of such behavior (bingo, I've just framed this as a behavior). The driver who cuts in without signaling (huge issue in the Bay Area!), the loud person on their phone in public transports, the person who breaks the rules but screams at whoever points it out to them, the car parked in a handicap space because it's closest to the store entry, the general disrespect of social norms, etc...
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This is a great description of even the current SF Bay Area. I live in Berkeley and you can add in that no one follows any of rules either.
 
radex78 said:
Sound good for greed from other edge, usually greed conotation in bad, but this in good place, just to placed something in right time and place, greed can good but also bad on certain manner.
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Well greed has been always been bad for me, i have always regretted being greedy. Though when we enter the forex market we hear everyone shouting out loud that greed is poison, but in reality, its too hard to control this emotion. A few wounds is what's going to make you give up greed.
 
BeautifulStranger said:
Yes, a $400k earnings rate is extremely high for what I do. Although in some situations, if I were to drop the ball, a regional distribution center could be forced to shutdown, idling hundreds of truck drivers and adversely affecting deliveries to dozens of retail stores.

Commercial loan origination has greater earnings potential than what I’m making now. I did some test marketing for commercial loans and had a 100% closing rate. Yes, literally 100% on a meaningful sample size. I would do well with a .5% closing rate. So I see it being worth a shot. Startup costs are low and I have a solid business plan. The challenge would be expansion, not that I have to expand to do well.

I feel there is an underserved need for quality equation for those born into poverty in the United States. It would be great to be a part of addressing this perceived need. Commercial lending could be the key.
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Wow!

I drove for Heartland Express and have a ton of respect for OO, and even more for drivers who have done what you have. Driving trucks is definitely a way out of poverty, but I love your idea. Providing loans to the overlooked could change families with generational wealth.
 
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