Stay out of my inbox with your bullshit! Originally Posted by Amiliah Rayne
You promise to stay out of my inbox with your BS and I will stay out of your inbox. DEAL?
You promise to stay out of my inbox with your BS and I will stay out of your inbox. DEAL? Originally Posted by robv69You're the one who sent me a message you want to keep talking shit then I'm going to keep responding.. I'm not the one I don't have no respect for those who don't respect me in regards to not showing my face.. So you can take that bs on down the line...
Andersen did NOT change it's name to Accenture and venture off into a new LOB. They started Andersen Consulting, the consulting partners got big heads about their business growing faster than the mainline, there was infighting and eventually an agreement that Consulting would be spun off. The accounting guys said "good luck with your new little business, you ungrateful bastards" and then proceeded to go under while the Consulting guys changed their names to Accenture and went public. Now they can afford to spend $1.7M on yachts/year or whatever they want to and some of the accounting partners are still paying off their partner buy-in loans that were sold to JP Morgan (I think) when the firm needed capital to survive a few more days. I know people on both sides of the story, I'm not making this shit up. One on the Accenture side probably has a $50M+ balance shit and several on the accounting side are struggling with only $5-10M to their names. Originally Posted by targaman85The rest of the novel I am not reading because I don't have that kind of attention span so I will just stop here. Was Anderson Consulting part of Arthur Anderson at one time? Yes. Did they have to change their name because of the stink of Arthur Anderson? Yes. That's my point. Did the OP ever claim that he ever worked there and made millions when he cashed out on his stocks when they went public? If not, what the fuck does that have to do with the OP being full of shit?
WTF, I'm on the road tonight and found this thread with nothing better to do, so I'll chime in and enjoy a few swipes at Lucas myself.
First Lucus, before you start mouthing off about someone not knowing what they're talking about on any given subject, you should learn a little history about what YOU profess to do for a living that provides you the income to proudly spout off about your 39.6% tax rate...btw, that's been reduced for you in 2018 to 35 or 37%, depending on where you fall, and it happened before this thread started, so keep up with your own shit.
[clipped].
Next, you should really sleep more at night. Staying up on a hooker board all night waiting for someone you are having a name calling contest with to respond, and pounding the refresh button every 42 seconds in the process, is not productive for someone who is supposed to manage 80 people by day and make enough money to pay 39.6% taxes.
Don't get me wrong, I LOVE guys like you...why? THANK YOU for proudly and continually paying too much in taxes. However, why anyone would hire a CPA who does that and admits it, I have no clue. I prefer the mid-sized, boutique firm that I use. Sure, the named partner that I deal with didn't go to an Ivy and I think he may only have 1 degree and a Series whatever or two, but HE doesn't pay 39.6% and it's not because he doesn't qualify as a 1%er by income. He just finished my 2016 tax return this week. My effective rate, was approximately 1% of my gross income...and that was the self-employment taxes I have to pay on the salary I pay myself that you can't avoid. You see, I like the challenge of being able to say I'm a 1%er who pays less than 1%. I don't pay my fair share and it's not because I cheat. My CPA advises me on the rules of the game and I play it better than most. You should elevate your game and try it.
On to the original post and what brought us all here together. I don't know Lou. However, I PMed him a few months ago to ask about the cost and logistics of what he is doing after reading some of his posts. Why? Because I cleared the magic $$$ amount that I thought I needed to retire before I was 50 and started looking into the possibilities. I grew up sailing and fishing, so I like the water, and what he writes about interests me. I'm looking into doing it on more of a part-time/timeshare basis 6 months out of the year with far less hooker involvement than he writes about and would probably take one step back on the length of the vessel. I can tell you that Lou says he has a nice boat. I don't mean that in a general term he told me the make and model, so I've been researching the costs associated with what he claims to do. Turns out, the manufacturer of his claimed boat has a program when you buy the boat that handles all crew training, hiring, boat management, etc. and they, or others, set up co-ownership programs for someone looking to do it on my part-time terms. They have guidance on what you should pay the crew based on what their capabilities are and what services you want them to provide. For example, do you want a dedicated cook? Do you want them fully trained at making you a BigMc and fries or are you expecting something more in line with a Michelin rated meal? The costs are different and they can tell you exactly what each costs. So when he claims to know that he's paying 20% over market, I think I know where he got that from and you overpay to avoid turnover seasonally.
Lou, I will say that your total annualized number stunned me a bit...even after starting to look into it myself. Not to fear though, after our PMs and my research, I decided I'm just not quite done and rewrote my goals which will increase the $$$ amount in hand before I cashout. I also took a page from Lucas and added some staff that I'm training to offload some of my workload to in preparation for being out of the office weeks at a time and managing via FaceTime and email.
Lou, hope to meet you some day...preferably in the Mediterranean.
Lucas, get back to work and less hooker board time. America needs you to pay more taxes. Originally Posted by targaman85
Originally Posted by TryWeaklyIt was a good read......
WTF, I'm on the road tonight and found this thread with nothing better to do, so I'll chime in and enjoy a few swipes at Lucas myself.
First Lucus, before you start mouthing. America needs you to pay more taxes. Originally Posted by targaman85
Sistine,
You should read more, you'll learn something. The answer to your question was in the text.
What part sounded pandering or boot licking?
Short enough for you to get through before your ADD kicked in? I'll work harder to use words with less than 4 letters next time. Originally Posted by targaman85