A new business opportunity - repo man

[rabot10]

should be recession proof

http://www.usatoday.com/money/autos/...N.htm?csp=N008

repo man

[zoog]

Re: A new business opportunity that

should be recession proof

http://www.usatoday.com/money/autos/...N.htm?csp=N008

repo man

Might not be bulletproof though.:eek:

Purely anecdotal here, but Portland is the largest automobile-import port on the US west coast, with terminals for Toyota, Honda, and Hyundai. According to the port website, about 350,000 cars per year.

My ramblings around the city take me by at least one terminal on a fairly regular basis. The lot looks as full as usual. Have to wonder if and when demand for new cars will significantly decrease.

[merry]

Re: A new business opportunity that

One of my girl friends who is an appraiser/broker here in Northern California was recently contacted by someone she knows in L.A. asking her if she wants to make a ton of money fixing up bank owned properties and getting them ready for the market. They would pay all her expenses for hiring contractors, etc.

When she went to the first house, she noticed there were some cars in the driveway so she decided to knock first. The "squatter" then let loose three humongous barking dogs. She ran back to her car and called the guy in L.A. and told him to find someone else.

[rabot10]

Re: A new business opportunity that

One of my girl friends who is an appraiser/broker here in Northern California was recently contacted by someone she knows in L.A. asking her if she wants to make a ton of money fixing up bank owned properties and getting them ready for the market. They would pay all her expenses for hiring contractors, etc.

When she went to the first house, she noticed there were some cars in the driveway so she decided to knock first. The "squatter" then let loose three humongous barking dogs. She ran back to her car and called the guy in L.A. and told him to find someone else.

LOL MAD MAX Stuff - hope i keep my kids out of all that thing.

[grapejelly]

Re: A new business opportunity that

One of my girl friends who is an appraiser/broker here in Northern California was recently contacted by someone she knows in L.A. asking her if she wants to make a ton of money fixing up bank owned properties and getting them ready for the market. They would pay all her expenses for hiring contractors, etc.

When she went to the first house, she noticed there were some cars in the driveway so she decided to knock first. The "squatter" then let loose three humongous barking dogs. She ran back to her car and called the guy in L.A. and told him to find someone else.

Dogs should be easy to evict. I don't think they have legal protections that humans do.

[DRAGONRCR]

Re: A new business opportunity that

Unfortunately, it seems like we're heading for a Mad Max world... I've heard from several sources that they expect the US dollar to completely crash late this year, before thanksgiving or so.. I'm not so certain, but the idea of it is terrifying, I'm only 23, I have no preparations for something like that...

[Nervous Drake]

Re: A new business opportunity that

.

[metalman]

Re: A new business opportunity that

Originally Posted by DRAGONRCR Unfortunately, it seems like we're heading for a Mad Max world... I've heard from several sources that they expect the US dollar to completely crash late this year, before thanksgiving or so.. I'm not so certain, but the idea of it is terrifying, I'm only 23, I have no preparations for something like that...

I just turned 24 and I totally understand your viewpoint. However, there is no free lunch and us young 20 somethings have sure had it good for all our lives. Things won't go Mad Max but most likely become very difficult, and we will work for what we took for granted.

gents, i salute you. it is an honor to share this place with you.

[GRG55]

Re: A new business opportunity that

I just turned 24 and I totally understand your viewpoint. However, there is no free lunch and us young 20 somethings have sure had it good for all our lives. Things won't go Mad Max but most likely become very difficult, and we will work for what we took for granted.

Gentlemen: No matter what invest in yourself. What you know and the skills you have are the one thing nobody can ever take away.

As a late stage Baby Boomer, who had to constantly scramble to find work when I was a student (in the soft economy stagflation '70s) I used to think that the early stage Boomers had it good and created a lot of the problems for my generation. Ain't really so. We can't control the era in which we live, all we can do is control how we respond to circumstances.

[Rantly McTirade]

Re: A new business opportunity that

Dogs should be easy to evict. I don't think they have legal protections that humans do.

Should plan on shooting them. To get them to come to their fate, set squatters' cars ablaze. Likely would be helpful to be male, large, well-armed-more than one of ya as well.
Shaved scalp, tats, facial hair optional.

[World Traveler]

Re: A new business opportunity that

What are the skills that the economy values and have good long term prospects? That is question I believe 20-something's should ask themselves. That's where opportunities and money will be in future.

For example, my son is finishing his junior year as an Electric Engineering and Biology double major. I've been telling him (in a low-key way of course) that EE is a great major because with Peak Oil, EE's are to be in demand to figure out how to generate electricity more efficiently and from alternative energy sources. I hope he's listening...

In my case, in mid-70's, I got tired of mediocre insurance industry jobs, and started tracking what were considered career growth professions at that time. I settled on Information Systems, then took classes at the local university to pick up necessary IS skills (and an MBA since that was glamour degree of the time).

It really paid off, through the ups and downs of the U.S. and local economies of the late '70's, '80's, and '90's, IS was one of the easiest fields to find a job in. Why? Because the U.S. and rest of world were computerizing everything they could to increase efficiency and cut costs. (note during my working life, IS was great, but not so much now).

It's kind of like riding the wave, the trick is to get on the right wave.

[GRG55]

Re: A new business opportunity that

What are the skills that the economy values and have good long term prospects? That is question I believe 20-something's should ask themselves. That's where opportunities and money will be in future...

...It's kind of like riding the wave, the trick is to get on the right wave.

Completely agree. Another way to look at it...What jobs have been in ascendence in the most recent cycle and are unlikely to enjoy continued halcyon times; and therefore are to be avoided, despite all the prominent and popular free advice to the contrary. Banking and real estate come to mind.