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Thread ID: 98003	2009-03-07 03:32:00	In these financially trying times.....	andrew93 (249)	PC World Chat

Post ID	Timestamp	Content	User
754368	2009-03-07 09:26:00	Oooh. Exciting. Whats she going to be doing? False nails and crap, Wedding/ball make up and crap. There is more to it of course but its as foreign to me as the insides of a computer are to her. Going by the gear on trademe it looks like many people try the same thing and fail spectacularly, But she has done it professionally for a number of years so hopefully if we set it well enough she can pull it off.	Metla (12)
754369	2009-03-07 10:26:00	It's interesting to hear what's going on - it's great to see people doing positive things when times get tough. It's not so good hearing about people out of work - it's a real bugger and can be really frustrating. Good luck and best wishes if you find yourself in that situation! I think we actually live in really interesting times. All this talk of firms cutting quotes right back - you see the same in retail. In retail I reckon the prices were previously jacked up anyway, but to hear about companies knowingly making losses on contracts doesn't, on the face of it, sound like good business practice. It is common in the construction industry to keep the workforce on, keep the equipment moving and to keep the capacity in place but it can be really damaging to a business if they don't have the deep pockets to ride through the rough times. The businesses I see who are doing well are the ones who didn't take on excessive debt and those who didn't take excessive drawings when times were good. But getting back to the interesting times : this is the time to make money. I have always held a contrary viewpoint when it comes to investing. I buy when others are selling and sell when others are buying. Mark my words now is the time to make money - assuming of course you have access to funds and/or credit (not so easy for some!). If you can spot some good opportunities in the next 6-18 months then take it. Credit is currently cheap (and will get cheaper in the next 6 months) but we will look back at 2009 and ask why we didn't lock in those debt interest rates. But it's not so good for pensioners or those who need retirement income from their investments....... Cheers Andrew	andrew93 (249)
754370	2009-03-07 10:47:00	It is common in the construction industry to keep the workforce on, keep the equipment moving and to keep the capacity in place but it can be really damaging to a business if they don't have the deep pockets to ride through the rough times. Cheers Andrew Pretty much nailed it. You take the job suffer the loss, and start selling assets to keep the company alive. Gear can be replaced a lot easier then staff, Once they are gone the capacity to do the jobs professionally or at all has gone. We have traded right down to nothing in the past, No depot, minimal gear, Company directors in huge personal debt to keep the dream alive, We work desperately for years to rebuild the empire, take huge risks. Blood sweat and tears to keep the livlihood alive. Then when your sitting down having a coffee you hear some ignorant twat mouthing off about management not knowing a damn thing and taking it easy while they slave away.:D:D:D	Metla (12)
754371	2009-03-07 11:15:00	False nails and crap, Wedding/ball make up and crap. There is more to it of course but its as foreign to me as the insides of a computer are to her. Going by the gear on trademe it looks like many people try the same thing and fail spectacularly, But she has done it professionally for a number of years so hopefully if we set it well enough she can pull it off. I heard from a guy today that he bought 80 socket A motherboards off trademe. Already $90.00 in profit he says.	Sweep (90)
754372	2009-03-07 19:13:00	False nails and crap, Wedding/ball make up and crap. There is more to it of course but its as foreign to me as the insides of a computer are to her. And me..........although I know what it is........Wouldn't work with me, I'd break them putting MBs in..........:waughh: Still, good on her. I'm sure she's great at what she does........	pctek (84)
754373	2009-03-07 20:01:00	Lets hope the government create some work for Met and firm,I am sure they could do with some road improvements in his area. I thought there was talk of infrastructure improvement to keep things moving.	Cicero (40)
754374	2009-03-07 20:21:00	Gear can be replaced a lot easier then staff, Once they are gone the capacity to do the jobs professionally or at all has gone. So often management take actions to improve short term profits and/or cash in hard times but you are quite right - if you rip the capacity out of a business then you are effectively removing the ability to bounce back when the economy does. You also put the reputation of the business at risk. Laying off staff can be the easiest option for chainsaw management but it does the biggest long term damage to a business. Then when your sitting down having a coffee you hear some ignorant twat mouthing off about management not knowing a damn thing and taking it easy while they slave away.:D:D:D Agreed - sometimes it's better to just shut up and listen rather than open your mouth to display your ignorance. Although what the 'twat' said can be true in some cases (not yours): especially the 'seagull' managers who fly in to some companies, make a lot of noise, crap on a lot of things and then fly out.......	andrew93 (249)
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