Big Rogues Gallery Update!

Jay Honeck wrote:
I may not be rich, but I wouldn't trade owning a plane for a king's
ransom...

Oh, you're rich by about anyone's definition.

In all ways except money...

Bull. You're bringing in enough to provide for the care and feeding of a wife,
two kids, a hangared Pathfinder, five cars, a Gold Wing, a house, and a hotel.
And you talk about buying a place with enough land for your own airport.

George Patterson
Drink is the curse of the land. It makes you quarrel with your neighbor.
It makes you shoot at your landlord. And it makes you miss him.

New Age definition of a millionaire. Someone who OWES a million
dollars!!!!

George Patterson writes:

Jay Honeck wrote:
I may not be rich, but I wouldn't trade owning a plane for a
king's ransom...

Oh, you're rich by about anyone's definition.

In all ways except money...

Bull. You're bringing in enough to provide for the care and feeding of
a wife, two kids, a hangared Pathfinder, five cars, a Gold Wing, a
house, and a hotel. And you talk about buying a place with enough land
for your own airport.

I've always thought of "rich" as meaning that, if I stopped cranking,
the world would continue to turn. Sounds like Jay is doing okay, but
if he stopped cranking, his world would come to a screeching halt
pretty quick, so I can see why that doesn't feel like "rich" to him.

In some statistical sense, everybody on this newsgroup is rich --
certainly making far above the median worldwide income, for example.
--
David Dyer-Bennet, , http://www.dd-b.net/dd-b/
RKBA: http://noguns-nomoney.com/ http://www.dd-b.net/carry/
Pics: http://dd-b.lighthunters.net/ http://www.dd-b.net/dd-b/SnapshotAlbum/
Dragaera/Steven Brust: http://dragaera.info/

("David Dyer-Bennet" wrote)
I've always thought of "rich" as meaning that, if I stopped cranking,
the world would continue to turn. Sounds like Jay is doing okay, but
if he stopped cranking, his world would come to a screeching halt
pretty quick, so I can see why that doesn't feel like "rich" to him.

I like these ideas
Rich ...........working hard for your money.
Wealthy .....your money works hard for you.


In some statistical sense, everybody on this newsgroup is rich --
certainly making far above the median worldwide income, for example.

I, for one, am indebted to these groups for all they have given to me over
the years. Top that for syrupy!


Montblack

Bull. You're bringing in enough to provide for the care and feeding of a wife,
two kids, a hangared Pathfinder, five cars, a Gold Wing, a house, and a hotel.
And you talk about buying a place with enough land for your own airport.

I'll bet you a gallon of avgas that you and your wife had more
after-tax income last year than Mary and I did. After expenses, last
year we made less *together* than I used to make in just three months
in our previous business.

However, there's more to life than money. And we're not done with the
place yet -- not by a long shot.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Jay Honeck wrote:

I'll bet you a gallon of avgas that you and your wife had more
after-tax income last year than Mary and I did.

Jay, you spent more on that Pathfinder last year than my entire net income.

And that's not the issue. I don't really care waht you make. It's just that your
occasional poor mouthing is irritating.

George Patterson
Drink is the curse of the land. It makes you quarrel with your neighbor.
It makes you shoot at your landlord. And it makes you miss him.

I'll bet you a gallon of avgas...

If you can afford a gallon of avgas these days, you are wealthy beyond
imagining.

Jose
--
He who laughs, lasts.
for Email, make the obvious change in the address.

Jay Honeck wrote:

Bull. You're bringing in enough to provide for the care and feeding of a wife,
two kids, a hangared Pathfinder, five cars, a Gold Wing, a house, and a hotel.
And you talk about buying a place with enough land for your own airport.


I'll bet you a gallon of avgas that you and your wife had more
after-tax income last year than Mary and I did. After expenses, last
year we made less *together* than I used to make in just three months
in our previous business.

However, there's more to life than money. And we're not done with the
place yet -- not by a long shot.

I assume you are talking income from the income statement perspective.
How much did your property increase in value last year? As a sole
proprietor, you have to include you balance sheet as well. :-)
Changes in owner's equity is an important source of "income" as well.


Matt

"Matt Whiting" wrote

I assume you are talking income from the income statement perspective.
How much did your property increase in value last year? As a sole
proprietor, you have to include you balance sheet as well. :-)
Changes in owner's equity is an important source of "income" as well.

While this is certainly true from an accounting standpoint, it is not income
that can be put in a gas tank, and burned! g
--
Jim in NC

Morgans wrote:

"Matt Whiting" wrote


I assume you are talking income from the income statement perspective.
How much did your property increase in value last year? As a sole
proprietor, you have to include you balance sheet as well. :-)
Changes in owner's equity is an important source of "income" as well.


While this is certainly true from an accounting standpoint, it is not income
that can be put in a gas tank, and burned! g

Not in the year in which it was earned, but when you sell the capital
asset, the income is very real. :-)

Matt