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Search: Posts Made By: chrisdut
Forum: Travel Information 02-01-2008, 07:55 PM
Replies: 2
Views: 2,016
Posted By chrisdut
I have been to Myrtle twice in the last three...

I have been to Myrtle twice in the last three years but I do not have any great hotel suggestions. I did not book any tee times before we got to Myrtle and both times it worked in my favor. Many...
Forum: FIRE and Money 01-02-2008, 07:15 PM
Replies: 18
Views: 2,459
Posted By chrisdut
I know nothing about sole props. It may be that...

I know nothing about sole props. It may be that you can take a section 179 deduction with it.
Forum: FIRE and Money 01-01-2008, 08:09 PM
Replies: 18
Views: 2,459
Posted By chrisdut
I am not an accountant, but i stayed at a Holiday...

I am not an accountant, but i stayed at a Holiday Inn Express last night;)...so I will take a stab. I think you will find that under a S-corp, what you refer to profits (to be disbursed as a...
Forum: Young Dreamers 12-29-2007, 01:29 PM
Replies: 127
Views: 21,614
Posted By chrisdut
I started getting serious about saving about the...

I started getting serious about saving about the time I became 30. Since then, I have saved about 30 percent of my income. I also became a partner at the engineering firm where I work. Roughly half...
Forum: Young Dreamers 12-28-2007, 09:19 PM
Replies: 127
Views: 21,614
Posted By chrisdut
My net worth was about 157k when I was 31. Took...

My net worth was about 157k when I was 31. Took another 6 years to pass $1,000,000.
Forum: Other topics 10-24-2007, 03:14 PM
Replies: 21
Views: 3,487
Posted By chrisdut
Texas: Most of our employees are white collar...

Texas:
Most of our employees are white collar (engineering firm). That is what I found to be most surprising...many of the people who could not get through the weekend without being paid would be...
Forum: Other topics 10-23-2007, 05:49 PM
Replies: 21
Views: 3,487
Posted By chrisdut
I also had to drink powdered milk as a child...it...

I also had to drink powdered milk as a child...it is nice to know I am not alone! I successfully repressed that memory until reading some of the above posts :p. Our family was old fashioned...dad...
Forum: FIRE and Money 10-17-2007, 06:29 PM
Replies: 20
Views: 2,851
Posted By chrisdut
I became a partner at a sub S corp seven years...

I became a partner at a sub S corp seven years ago. There are a multitude of ways to value a private business. Our value is determined as the book value plus a factor times the average profit over...
Forum: Other topics 02-03-2007, 02:13 PM
Replies: 387
Views: 40,060
Posted By chrisdut
Re: What was/is your occupation?

I did a little research and agree with all of the above...here is some additional info. He received his BS in Civil Engineering From WPI in three years, obtained an MBA from Syracuse, worked as an...
Forum: Other topics 02-03-2007, 11:54 AM
Replies: 387
Views: 40,060
Posted By chrisdut
Re: What was/is your occupation?

I think he was a Civil Engineer.
Forum: Other topics 02-02-2007, 06:58 PM
Replies: 387
Views: 40,060
Posted By chrisdut
Forum: Other topics 01-08-2007, 09:00 PM
Replies: 41
Views: 3,932
Posted By chrisdut
Forum: Other topics 12-30-2006, 06:42 AM
Replies: 16
Views: 14,907
Posted By chrisdut
Re: Best route Across Pennsylvania - I-80 or I-76......?

I am from PA...I-80 will be quicker....I-76 is the PA Turnpike (a toll road) with slower speed limits in places. You will want to watch the weather because I-80 can get nasty.
Forum: Young Dreamers 12-28-2006, 11:45 AM
Replies: 38
Views: 4,493
Posted By chrisdut
Re: Starting a business talking to young adults about finances?

It would be difficult to establish a business in this area for all the reasons previously mentioned. I never understood why financial issues were not part of my high school education. It would seem...
Forum: Life after FIRE 12-11-2006, 08:05 PM
Replies: 66
Views: 8,187
Posted By chrisdut
Re: Too much togetherness

On a lighter note, this thread's topic reminded me of a conversation with one of my clients. He was just settling into retirement, and when I asked how things were going, he admitted having problems...
Forum: Young Dreamers 11-15-2006, 06:57 PM
Replies: 45
Views: 5,678
Posted By chrisdut
Re: Engineering Career

Spanky,
I have been a civil engineer employed at the same consulting firm all of my career (15 years and counting). I became a partner at the firm (entered management) about seven years ago. I...
Forum: Life after FIRE 08-21-2006, 06:11 PM
Replies: 22
Views: 4,614
Posted By chrisdut
Re: fractional ownership

I bought a timeshare about six years ago (one of my two biggest financial blunders so far). I do have a deed for the property and equity. The equity is what I could sell the timeshare for to any...
Forum: Other topics 08-12-2006, 05:01 PM
Replies: 26
Views: 4,079
Posted By chrisdut
Re: Engineering Forums

Nords,
You would not believe how many chicks I had to fight off in college when they found out I was an engineering major...must have been about....0 (with a # that high you gotta estimate)?
Cons,...
Forum: Young Dreamers 08-06-2006, 09:50 PM
Replies: 87
Views: 15,024
Posted By chrisdut
Re: Anyone in the age group of 30-39?

I am 37 and plan to retire at 52. Plan is to continue to max out simple IRA and invest after tax profits from my business into a taxable account. Current net worth is about 850k. Have no idea where I...
Forum: Young Dreamers 07-25-2006, 05:17 PM
Replies: 88
Views: 19,719
Posted By chrisdut
Re: average savings

I save about 50% of after tax income (roughly 33% of gross income).
Forum: Other topics 07-23-2006, 05:37 PM
Replies: 33
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Views: 4,016
Posted By chrisdut
Re: Looking for a 'high end' Gas BBQ Grill................

I have the weber "silver" and like it a lot. I think the main thing is to get stainless parts. I bought a cheap grill a number of years ago and was constantly replacing rusted parts. My weber grill...
Forum: Young Dreamers 07-16-2006, 06:57 PM
Replies: 24
Views: 3,848
Posted By chrisdut
Re: From technical to management position

Aaron,
I think all the good advice has already been given.* That being said, I am a civil engineer who became a partner in the consulting firm where I work at the relatively young age of 30 (same as...
Forum: Life after FIRE 06-26-2006, 08:05 PM
Replies: 35
Views: 4,988
Posted By chrisdut
Re: NC or PA?

I live in Central PA...cost of living is low, plenty of nature (saw deer, turkey, ring neck pheasant, owls, woodpeckers and a muskrat in the last two weeks....and I am not a hunter), lifestyle is...
Forum: Other topics 06-26-2006, 07:38 PM
Replies: 70
Views: 8,543
Posted By chrisdut
Re: Golf

Golf bug bit me hard about two years ago.* I was using an old* set but recently upgraded my clubs as follows.* Driver: Taylor Made R5 (450 cc club is large and very forgiving on miss hits).* Long...
Forum: Young Dreamers 04-18-2006, 08:36 PM
Replies: 39
Views: 5,280
Posted By chrisdut
Re: Annual review and raise, WTF!?

Laurence,
I would be ecstatic to get a 12% raise in the fall followed by a 1.5% raise in the spring. Your story reminds me of a young engineer at my firm. His starting salary six years ago was...
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