Recent content by RDamien

Hey Reno, yeah the fact that so many of these businesses are being snapped up says to me it's a good investment for them because of the low valuation. I also agree that new owners would probably run it into the ground, although the particular business model is really easy to keep running...

Hey there 2Black, yes definitely can sell it. There are a number of these sorts of physical products ecommerce businesses being bought and sold farily regularly. I'm pretty confident I can get it done. The broker is certainly optimistic. And yes great point on the house, mortgage is under...

Great input thank you. Yes profit is around 250k plus per year. Much of that goes into growing the business. New products and keeping in front of inventory. So it's not like I'm pulling 250k out a year. Although I could if I was just in maintain mode and not growth. As far as the hours...

Just had the business I own valuated at around 1.2 million. Trying to decide if I should sell. Just curious what folks here think and what they could do with 1 million in a lump sum. It's my only income right now, and I've mostly been reinvesting profit to grow the business these past 3...

Forgive me if I struggle to phrase this properly but I was hoping to get a bit of help on what the implications are when selling the stock from my employee stock purchase program. Meaning I vaguely recall that there are penalties if you dont hold it a certain amount of time but I could use a...

I saw this article today and assumed you'd post it here ;D So i assume that by "in no time" you mean never.

Yes three cheers, the government had both the power and ability to save you from certain disaster. The proof? Well nothing happened right? I'm sure all the people crawling over their own mothers to distance themselves for that vote will be glad to hear it. Democratic Bailout Baloney |...

Interesting as this touches on a lot of different things. The education system in the US, teacher salaries, even nature vrs nurture debates. How much do you really learn from your kindergarten teacher? As to the article itself, this strikes me as another individual that someone labels...

GM knows this car will lose them money for years, and they've known it from the start. It's mostly about branding themselves for the future according to them: GM: We’ll Lose Our Shirts on the Volt, But That’s OK | Autopia | Wired.com

I believe it could be a few things, some of it is rounding, they can claim 0 on some ingredients if it's below a certain threshold.

I just dont see the point of this car at this time. Unless you want to "go green" and dont mind paying a very hefty fee to do so, it doesnt make sense to get this car. Even used you'll need to worry about battery replacement and disposal which isnt cheap. How long would i be to break even...

Thank you. I hang my hat on nothing, I was forced to presume your meaning based on a vague assertion. I think you should read your links and the causes cited therein. If you believe the country was run in an Austrian manner during that time period, well suffice to say you'd be challenged on...

Hmm that's rather trite and vague. Are we talking the gilded age or the roaring 20's? No doubt though that you're referring to the conditions described in Sinclair's "The Jungle"?

It's fine so long as it ends there. Laughing smiley faces that grow exponentially for an extended period of time... God help us all.

When it comes to the example of WWII bringing us out of the Great Depression, that is true but it leads to the myth that government spending is efficient and, as a general principle, will help in an economic crisis. War is quite a different thing from the government running the economy for the...