tag:blogger.com,1999:blog-4290163255778893789.post7745132686539848433..comments2024-03-16T05:19:07.061-04:00Comments on Retirement Blues: Does Karl Smith Have This Right?Jazzbumpahttp://www.blogger.com/profile/07337490817307473659noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4290163255778893789.post-52206115489461768002011-09-30T14:31:57.859-04:002011-09-30T14:31:57.859-04:00Thing about investments in capital equipment is th...Thing about investments in capital equipment is that you can't stop, 'cause equipment wears out. My employer has a buncha 6 year old Dells. They're at end of life. They gotta be replaced whether we want to or not, 'cause they won't run Windows 7, they won't run the new corporate standard Office 2010 that is all we can license from Mickeysoft for our new computers, and they're just plain dying left and right in the first place. So regardless of whether we want to or not, we're investing in capital equipment.<br /><br />So anyhow, you can delay capital equipment purchases for a while. But sooner or later, you gotta buy capital equipment, or go out of business. We wouldn't have a business if we let all our old computers die without replacing them, DOH!<br /><br />Regarding the stock market I'm not interested enough to pay attention, since the stock market has become totally divorced from the productive capabilities of the U.S. economy or any business fundamentals of the underlying companies and turned into a rigged gambling casino to benefit certain large market leaders. If I wanna play games in a gambling casino I'll just take a short drive down the highway to Vegas, yo.<br /><br />- Badtux the Business PenguinBadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.com