Category Archives: cars

This and That

The Governor of Maine says the court decision [on the new health care law] has “made America less free.” “We the people have been told there is no choice,” he said. “You must buy health insurance or pay the new Gestapo — the IRS.” I really think he should stop holding back and tell us what is really on his mind.

The Patient Option Act, a practical alternative to the current mess we are getting into.

Will your internet connection go black tomorrow?

Instead of bothering to link to all of them just go to Claire Wolfe’s tab clearing page.

The Sovereign Man: Offshore Business, Global Opportunities, Freedom and Expat News.

If you are looking for a used vehicle I strongly suggest consulting The best used vehicles for under $20,000 by consumer reports. We are probably going to be in the market for either Hyundai Accent with 50-60k miles or a Toyota Corolla with 70-90k on it once we get to the states. Hyunai’s were a great deal 8-10 years ago but their prices have gone up a lot which ironically raised the price of the older used ones also. The Toyota is a lot more money but they last forever. Then again for 50% more money you can usually get a lot more car. We have some thinking to do on this one.

If you haven’t seen it yet I recommend Western Rifle Shooters Backgrounder on First Aid Kits and Blow-Out Kits. It is complete with links and you could use it as a shopping list if so desired.

I got an email from the folks at Full Spectrum Dominance saying they are linking to us. They are a News Aggregator who pull in some really obscure stuff. Pretty cool if you’ve got the time. I will probably add it to my weekly news rotation.

I stumbled onto a topic floating around that concerns me called The Orkin Man. I wish people could finally realize that this plan doesn’t work. It has repeated and failed way more times than Communism. Here is what happens: A bloodbath ensues, killing a bunch of elite’s as well as a whole lot more of the wrong folks and just plain folks caught in the crossfire. This bloodbath is almost immediately followed by the people who did the killing becoming the new elite’s. [Hint: the folks you want as leaders aren’t the ones running around executing people wholesale or leading the mass murdering bloodbath executions.] With boring repetitiveness those new elite’s are even worse than the old elite’s. Those first folks may or may not not hold power but the ones who come next aren’t much better. Reference the French Revolution, the Russian Revolution, Mao’s disaster in China, The Khimer Rouge and pretty much every revolution I can recall except the American one.

To end on a lighter note I stumbled into a site for Infantrymen called 11series.com. Got some half funny half motivational quotes off their FB page:

“Not saying your a whore, but baby if you were a range target you would be the 25m one.”

“It’s too hot to train said no taliban fighter ever in the history of the world.”

“How many vets does it take to screw in a light bulb? You don’t know man, you weren’t there.”

Memorial Day Weekend

I guess the standard thing to do is to write some post about sacrifice and duty and all of that stuff. I  don’t have any desire to do that. My life has enough of that stuff that on the other 360 some odd days of the year. Quite frankly I find the whole thing depressing. I have lost people and don’t feel like dwelling on it over a nice sunny long weekend.

We would have gone someplace this weekend but with my lingering illness it didn’t seem smart. I am feeling decent and all but things can happen and I don’t want to go to the hospital in some random country. It turns out to be for the best I think. It has been a very quiet weekend which is a good thing.

I don’t know exactly why but I have been a crazy machine of productivity this weekend. Like the 1950’s stay at home mom who had 5 cups of coffee and a handfull of uppers that cleans the whole house, organizes the garage, weeds the garden, makes a beautiful dinner for the family and does 57 projects before hubby comes home. Well except it is not the 50’s, I am not a woman or on drugs. Anyway my point is that I have been really productive.

I cleaned the floors and reorganized the kitchen. A bunch of stuff that should have been in storage got moved there and junk got tossed. More cleaning occured in closets and other storage places. This included the kitchen closet which has been a black hole of chaos and unhappiness in our home. Our vehicle got cleaned out, vaccumed and organized.

We went shopping for some odds and ends. I didn’t plan to get anything else but went through the usual aisles (outdoor, tools, etc) anyway. Inventory changes sporatically and sometimes sales come up. I saw 3 D cell Mag Lights for $13 and picked up a few.

Over the weekend I found a slightly used (marker and a bit of paint on it but totally functional) generic rubbermaid type tub. These bins are one of those weird things for me. I have it in my head that they are really expensive when they aren’t. Well some of them aren’t anyway. The one I got costs about $8 new. A half dozen tubs worth $60 would probably fix a lot of problems and maybe even change my life as I know it. It is pretty dumb I guess.

We keep the usual sort of stuff in our vehicle: kid things, a first aid kit, warning triangles, jumper cables, some tools, jackets, socks and boots for me (I habitually wear comfortable/ nonpractical footwear and am not changing), a blanket, etc. Anyway since I got the junk out I wanted to get everything organized. Prior to now everything has been just floating around. I cleaned out the tub and got it ready to use. Since our sweet free tub is kind of big I added some more tools, a bag with some spare batteries, one of the new mag lights and some other things. Anyway now everything is nicely organized and neat which is pretty nice.

No big plans for tomorrow. Another quiet day and probably some stuff with the kid. Going to try and tie up some loose ends around the house before going back to work. If I feel motivated there are a couple closets that it would be nice to get taken care of.

Anyway I am happy with the progress this weekend. Getting things done that have been bothering me is a good feeling. We have also had some pretty nice family time. It has been really nice.

I hope you have a great weekend. Relax and enjoy some time with friends and family. If you are so inclined try to get some productive things done.

Quote of the Day

This makes me want to drive around in an ’86 Camarro with a girl from reform school”
Me on hearing “Paradise City”

Comment Reply- Security vs Profit


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·         on priorities
Anonymous said…

If you have cash to pay for a new car, don’t.
Take the loan for 0% or 1.9% etc. Let your cash stay in a high interest or dividend paying investment and earn more than you pay out.
Paying cash for large items is dumb when your money can work for you and not against you. ~~NGM~~

TOR here: I won’t say that I necessarily disagree with you but do have some reservations. Lets break it into cars and homes. Of course there are other things one might choose to finance (however you shouldn’t financing toys is not prudent) but they typically fall in the car price range. We will talk cars.
First of all you need to know yourself. Are you a person who has the self discipline to have a good chunk of money sitting allocated for one thing (the car, etc) earning interest and pay the loan from that account? Would it slip into the general fund or get siphoned off for other things? Some folks have that discipline and others don’t, it isn’t a mark against you if you don’t so long as you know it.
Secondly let’s get on the same page when it comes to the numbers we are talking about. Are we talking a high interest savings account, CD ladder or something else with a guaranteed payout and no (aside from massive inflation, end of the world, etc) risk of principal? A 5% savings account (a thing of the past) is very different from “on average the market earns 8%”.
For most people, most of the time the rate you will be charged for interest on a loan is greater than the amount you can get in a guaranteed, no risk of principle (aside from massive inflation, end of the world, etc) payout with the liquidity to make a monthly payment. Auto loans can be an exception when they do the .09% to 2% super cheap loans. However, even then, beating it by enough to cover the various fees involved in a guaranteed, no risk of principle investment.
Now if they offer you 0% then a very legit argument could be made to take it, even if you are just going to have the money sitting in a savings account available for other purposes. Some folks I know who have done very well with money (both in earning and managing) typically pay cash for cars. He needed a 3rd consecutive Toyota commuter car (he puts a lot of miles on them) and planned to pay cash which is what they do. When they offered 0% he decided to take it and hold the balance of the cash.
Homes are a bit of a different thing. It is a much bigger situation with bigger implications. If I finance a car in the above scenario and something goes sideways (bank fails and my money is tied up for months, etc) it would suck but I could adjust things around and make the payment. Homes are much larger and the implications of that getting messed up are equally large. Typically paying off your primary residence is a prerequisite for retirement. It is also a huge step towards financial independence. Also a home is where you live, not something you drive. Worst case if you can’t pay for a car and it gets repossessed that sucks. A bit hit to your credit and you’ve got to figure out another set of wheels. However in a month or two you will have gotten over the personal feelings and figured out another set of wheels, hopefully a reliable beater paid for with cash. A home is where you live and a huge part of your life, particularly if you have been there for awhile.
With this there is definitely a trade off of security vs. profit. One in the hand vs two in the bush as they say. Personally I will take my one and lock it up somewhere then post an armed sentry. I just plain do not like owing people money. I like to know that as much of my future wages as possible can be allocated to meet my basic needs (food, shelter, fuel, etc) or toward whatever goals or desires I have at the time. Having money in an account set to make scheduled payments is cool if it all falls together right but in general just paying cash for stuff works out best. As part of this I know what is mine will continue to be mine if my income (or what it will buy) changes drastically. Nobody is coming to take my car if I become broke.
Well I hope that lays out my thoughts. Thank you for the interesting discussion.

Failure To Adapt

A few people in our loose social grouping have had some real financial issues recently. Serious problems that, if not handled or mitigated quickly will completely destroy them financially. I have noticed some commonalities.

1. Failure to adapt. Some of these folks faced (by choice or circumstance) a truly economic life altering event. They failed to really look at and truly recognize how much their situations had changed and that it was not just a bad month or whatever. Really this is more about being honest with theirself than anything. They probably know but are not willing to accept their change in circumstances.

2. Debt. This goes along with the first one. The thing is that since debt is a promise of future earnings if your circumstances and earnings change it is a real problem. When a high percentage of your potential income goes to debt your ability to adapt is very minimal. You have to have the cash to make the payments or stuff starts going wrong in a hurry. On the other side if one earns a good living and has no debt then something happens, all they have to do is earn enough money for food, fuel, maybe property taxes, etc. That is a lot easier than food, fuel, property taxes, mortgage, car loans, credit card payments, etc.

3. They failed to consider probably situations that would occur for them. Two of them got caught in a steriotypical pitfall that they definitely should have seen coming.

RIP My Car

I got my car in 2003. It was a 2002 model of one of the cheapest cars to come out of South Korea. It was in good condition and had a shade under 20k on it. Not fancy or particularly fast or cool looking but it sure stood up well to the test of time. Got a great deal when I paid $4,600 in cash. Interestingly after I made the deal I went inside to do all the paperwork. I had to practically yell at them that I didn’t want financing and was going to pay cash.

I drove it with very minimal issues until its demise. It isn’t even so much that it was a total loss but that it isn’t worth fixing. It was a really good car for a long time and was totally reliable until very recently. To be honest I can’t complain as I got what I paid out of it long ago. Recently it has just driven me to work and around town. We use the SUV for other stuff.
 
We are going to be a one vehicle family for awhile. We live fairly close to where I work so we could juggle who has the SUV if need be. Also Wifey is a stay at home wife so we don’t really need a second vehicle at least right away. This spring/ summer we will get a new small-medium SUV, probably a Hyundai Santa Fe. Something small enough to not kill us on fuel but still big enough to hold a reasonable amount of stuff.
 
In the time I have had this car lots of friends have had two or three different vehicles. Some folks just don’t seem content unless they have a (relative to their income) fancy car with the inevitable loan to match. Buying a boring plain car that has low miles and is in good condition is a pretty decent way to go. It frees up money to do all kinds of other things such as prepping and saving. These are good things to do.
 
 Remember you don’t have much time left to enter our Awesome Ammo Giveaway Contest. Just wanted to make sure you are aware of it. Enter now so you can get a whole bunch of free ammo.

Biting My Tongue

Sometimes I kind of forget that I am crazy. However at some time when the conventional thing would be to congratulate people I just want to scream at them. I want to tie them to a chair and read some kind of a sane (Dave Ramsey, Suze Orman, etc all) personal finance book to them until it sinks in. For example awhile back some folks we know moved into a new (rental) house. They were super happy about it and I just wanted to scream. First of all they were flushing at least a couple hundred bucks a month down the drain (versus renting a modest place) and second they didn’t really have that couple hundred dollars in the first place. Another time a gal we know was trying to get a new car. They had some problems with the loan (this should be a sign people;) and then there was something about them getting it ready, I really don’t remember. However when everybody was saying how nice it was and how happy they are for her I just wanted to scream. They don’t need it, can’t afford it and disturbingly think that is just fine.

A guy who works for me was supposed to finally get his car today (shipping and licensing vehicles is a huge pain here). When I asked if he was able to get it done he pointed it out in the lot. It’s a very nice car and I told him that. However I wanted to scream at him because it costs about twice his yearly income. He could get out of the Army and go to college on what that shiny fast car costs. Then after a few years of working he might actually be able to afford the darn thing.

I don’t have anything against nice shiny things. I don’t just see a nice shiny thing. I see something a person can’t afford that is putting them under financial strain and preventing them from getting ahead. If somebody earns a good living and saves then buys an expensive car I wish them the best.

Then I realize that in some ways more normal people have to do the same thing with folks like me. If Wifey mentions that I got gun #37 (not the real number) some folks have to do the same smile with slightly gritted teeth and say “that’s nice”. Maybe at the end of the day we are just saying “that’s nice” because we know it is something important to the person even if we think it’s dumb and I am over thinking things.

New Years Resolutions IPR #3

 Lined through are completed.

My goals for this year.

Personal:
1. Pay more attention to my wife. This one is continual but I can reasonably say it is going well.
2. Travel a lot.  We went to Croatia, Italy, Spain, Luxembourg and the Czech Republic. May make it to Paris just before years end.

Personal Stuff:
3. We can use a few smaller things like a new TV and another laptop. The main push however is to get a reliable second car which we pay cash for. The first car is still plugging along but I think when we get a better second one and it is relegated exclusively taking me to work and back its life would be greatly extended.

Financial:
4. Stash some more Euro’s. Say E400 or so. A good chunk into this one. Will probably just finish it off in one shot at some point.
5. Contribute 10% of our total take home to retirement.
6. Stash at least a half an ounce of gold  and 40 ounces of silver. Just started on the silver. Don’t think we will make 40 ounces but oh well.
7. Continue to not make stupid choices.

Skills:
8. Take an automotive class.  They offer them on base and I need to know more about car repair. 
This one got replaced by brewing some beer which I did.
9. Be able to setup and trouble shoot a small solar setup.    Sorta mute since I went with a solar charger and a bunch of eneloop batteries.

Preparedness Stuff :
10. A good radio that can pick up everything. Probably a Grundig.
11. Maybe a Berkey water filter and maybe some spare elements for it and the portable filter.
12. A basic solar setup. 

Gun Stuff:
12. Buy a full case of .223
13. Buy a full case of 9mm. (I am going to call this complete because it is funded)
14. Glock 9mm mags. At least 10 and ideally closer to 20.
15. Some M1a mags. At least 10 and ideally closer to 20.
16. A few more spare parts and at least one AR15 full bolt carrier group.

Food Rotation:
17. Get a pressure canning setup and can something.

This one just isn’t going to happen. We can’t get any of the stuff locally and paying shipping negates any financial benefits. I am willing to do it just for the sake of the skill but not with that hassle.

18. Get a dehydrator and dehydrate something. Jerky is good and so are banana slices.

And Just To Get To An Even 20……
19. Get a subscription to Backwoods Home Magazine and otherwise work on my self sufficiency/ preparedness library.
20. Join a gun rights organization.

Time for discussion. Things are going pretty well. All the more expensive goals have been met.

Oh yeah and click on my advertisers links and  buy lots of their stuff.

Thoughts?

Sunday Ramblings: What Have You Been Thinking About This Week?

It has been an interesting weekend. We’re all pretty thrown off staying up at all hours and sleep randomly. Going to bed when the sun is coming up and drinking coffee in the early afternoon or in the middle of the night. Sometimes the meals I eat match up with my schedule and other times they match up with the time of day. The combination makes me feel kinda out of it and like I’m slightly drunk all the time. Yesterday I woke up and immediately had dinner. This morning at 6am Miley was having a beer. Half the time I can’t tell you what day it is let alone if it is AM or PM.

Talked with Stephen for awhile yesterday.  He is doing a lot better which makes me really happy. Had some interesting conversation about life, guns and the economy. He sends me lots of interesting emails and I do my best to read them. We talked about precious metals some. Concluded that it might not be a bad time to sell gold if you plan to anywhere in the near future. However if you are still buying PM’s silver still shows some opportunity. Personally I am staying away from gold and instead buying silver.

One interesting thing about interacting with people who come to something from a different angle is that sometimes they can expose you to a cool new piece of gear or way of doing things. For example after handling my Glock 19 when I was down there he really wanted one and recently got it. If there has been a person who wasn’t happy with the Glock 19 I haven’t met them.

Also I got to talk to my friend Ryan (lawyer type) which was cool. He is well. Getting ready to do all kinds of huge things. We had an interesting conversation about politics and such. It might be interesting how this upcoming election goes. During it and beyond we are both cautiously optimistic that the Tea Party will do some good stuff. He is excited that they may well win some stuff in this election. I think it is good that if nothing else they are shaking up the GOP and conservative base in general which is good.

Ryan (lawyer type) said something that really resonated with me. He said more or less that he was seriously concerned about the state of our nation and was just going to stop stressing it and just get his stuff in order. I had a similar realization some time ago and it has brought me a lot of peace.  I can watch the news now and usually not freak out. My stress level and probably blood pressure are at much more reasonable levels. Instead of worrying about this or that which may be or is happening I am putting mental time and energy into preparing my family. Instead of stressing this bill or that amendment I think about how to meet this goal or increase that capability. I suggest this sort of perspective to everyone.

Personally I am really tired of this whole crony capitalism thing. It breeds corruption, kickbacks and nepotism by rewarding connections far more than sound business practices. After some reflection I think I prefer welfare type socialism though it should go without saying that I dislike both. At least somebody can (incorrectly) think they are actually helping PEOPLE. Ya know the kind of people with connections who often move seamlessly between slightly above mid level political appointments and cushy advising/ consulting/ VP of nothing type jobs in business. Hook up GE or some hedge fund while you are working for .gov then get a highly paid job not doing much of anything for them afterwords. I don’t like the idea of forcibly taking hard earned money from people and giving it to nonproductive members of society; however giving somebody welfare (social security, “disability insurance”, mortgage interest deductions, “earned” income credit, etc) just makes me shake my head. Conversely rewarding a group of businesses who screwed our entire economy makes me want to throw up.

We got a bunch of formula today even though Wifey is breast feeding. It is good to have options and a backup plan. Other than that I did a lot of reading on various preparedness and financial stuff. It doesn’t really seem worthwhile to do “What did you do to prepare this week” but I figured I’d mention what has been going on. Life is kinda busy for me but I hope you are still doing good stuff. If you want to tell me what you’ve been up to I would love to hear it.

Now that Walker has been born Wifey is officially a stay a home mom. We don’t plan for her to go back to work (though if a good part time work from home opportunity arose…) until our last kid, we’re planning on two, goes to Kindergarten. For us this is a very put your money where your mouth is kind of thing. We believe and research agrees that young children do better if Momma is at home with them.

Having a stay at home parent  is one of those things that is simple if not easy. To do it you just need to live on what one of the parents makes. This may well mean decreasing your lifestyle and probably means you’ve got to give up on keeping up with the neighbors. We would rather have Wifey taking care of our kid then a brand new BMW. Her being able to hang out with, take care of and teach Walker is more important then brand new furniture, expensive electronics and a closet full of designer clothes.

I’ve got a couple interesting posts coming up for next week. Hopefully you folks will enjoy them.

Interesting news article: Oregon Faces Cold Hard Reality.  Here is a teaser “Borrowing money to cover operating expenses is just plain stupid.”

What have you been thinking about this week?

Reading And Life

The day kinda got away from me. I guess over a couple weeks I got out of the habit of writing and am just getting back to it. I had my first workout since the whole pneumonia thing today. It was pretty low key but I didn’t cough up a lung so that was good. Had a buddy help me fix the clunker today. Learned a way to deal with at least one old car problem which was good.

Spent some time today catching up on the news. We are still spending more than we bring in. Unemployment is still high and confidence is low. Those evil banks and businesses are still greedily holding lots of cash.  There are some elections going on but until they are over I’m not going to get emotionally involved or think about the implications.

We were going to go to a thing tonight but it didn’t work out. After that I had some quiet time with a glass of Glenfiddich and The Witch of Hebron. I am about halfway done with it and while not revolutionary it is certainly enjoyable. I am pretty tired today. The girls are on swing shift waking up well after noon and staying up till 2 or 3. I got close to their schedule over the weekend which made for a really unpleasant 5:40 Monday morning wake up. Think I am going to bed pretty soon.