Log In
November 7, 2015
Offline
Question:
How does cash flow work when retired? I’m not retired yet but am getting there.
I have very little time to attend these shows. When I’m retired, I’ll have much more TIME, but attending shows a great distance away means it’s costly (hotels & transportation) to just “window shop”. Conversely, if one purchases something nice at these shows, it really cuts into one’s finite retirement funds. Please elaborate…Ian
Ian-
Cash flow? in a word, “outward”. At least in my case. Travel is indeed expensive but not nearly as expensive as some other expenditures I’ve had since I retired two years ago. The guns we love are in many cases getting more expensive but the people you meet are priceless. As noted above, many are a bit odd but as some of us discussed over adult beverages one recent night in Cody that seems to come with the territory as collectors. Some of us were/are influenced by vocations that demanded extreme attention to detail and others have an intense interest in history, both traits serve a serious collector well.
Mike
August 14, 2021
Offline
Cash flow is easy. Marry a girl 7-8 years younger with a 6 figure salary plus bonus and stock options.
I have a small Federal pension, VA disability pension, 401K and a TSP as a slush fund. The rest comes from her, this 2025 Jeep she got me a few months ago, because my 2005 Willys has been regulated to field use. But I’m looking for an M38a1.
July 17, 2012
Offline
mrcvs said
What was your job? That’s something I tried to do when I got out of college on that awful early 1990s recession.
That makes sense now. In my head, I reasoned that travel and expenses before purchasing any “souvenirs” could easily be $40-$50k for what you have planned. That’s a huge chunk of a fixed income.
I was a senior partner in a mechanical engineering firm, we specialized in evaluating in-service and new build specialized equipment around the world.
We performed inspections and testing in the environments no one else wanted to touch, including high rope access, rappelling, confined space underwater, commercial (tethered) diving, aerial drones, at sea (cruise ship) inspections, etc., etc.
We were always busy somewhere in the world. I still retain my credentials as a Naval Engineer at the 3 largest commercial shipyards in the western hemisphere, Meyer in Turku, Finland, Meyer Werft in Germany and Fincantieri in Italy (outside Venice). Although at Fincantieri I am listed as an “Engegnere Navale” 😉
Best Regards,
WACA Life Member #6284 - Specializing in Pre-64 Winchester .22 Rimfire
August 25, 2009
Offline
JWA said
mrcvs said
What was your job? That’s something I tried to do when I got out of college on that awful early 1990s recession.
That makes sense now. In my head, I reasoned that travel and expenses before purchasing any “souvenirs” could easily be $40-$50k for what you have planned. That’s a huge chunk of a fixed income.
I was a senior partner in a mechanical engineering firm, we specialized in evaluating in-service and new build specialized equipment around the world.
We performed inspections and testing in the environments no one else wanted to touch, including high rope access, rappelling, confined space underwater, commercial (tethered) diving, aerial drones, at sea (cruise ship) inspections, etc., etc.
We were always busy somewhere in the world. I still retain my credentials as a Naval Engineer at the 3 largest commercial shipyards in the western hemisphere, Meyer in Turku, Finland, Meyer Werft in Germany and Fincantieri in Italy (outside Venice). Although at Fincantieri I am listed as an “Engegnere Navale” 😉
Best Regards,
And still with the excellent and admirable credentials of your life accomplishments you still CHOOSE to drive a pickup that says DODGE on one side and RAM on the other
July 17, 2012
Offline
DEEREHART said
JWA said
mrcvs said
What was your job? That’s something I tried to do when I got out of college on that awful early 1990s recession.
That makes sense now. In my head, I reasoned that travel and expenses before purchasing any “souvenirs” could easily be $40-$50k for what you have planned. That’s a huge chunk of a fixed income.
I was a senior partner in a mechanical engineering firm, we specialized in evaluating in-service and new build specialized equipment around the world.
We performed inspections and testing in the environments no one else wanted to touch, including high rope access, rappelling, confined space underwater, commercial (tethered) diving, aerial drones, at sea (cruise ship) inspections, etc., etc.
We were always busy somewhere in the world. I still retain my credentials as a Naval Engineer at the 3 largest commercial shipyards in the western hemisphere, Meyer in Turku, Finland, Meyer Werft in Germany and Fincantieri in Italy (outside Venice). Although at Fincantieri I am listed as an “Engegnere Navale” 😉
Best Regards,
And still with the excellent and admirable credentials of your life accomplishments you still CHOOSE to drive a pickup that says DODGE on one side and RAM on the other
That is because it says “Cummins” on BOTH sides!
WACA Life Member #6284 - Specializing in Pre-64 Winchester .22 Rimfire
November 7, 2015
Offline
And still with the excellent and admirable credentials of your life accomplishments you still CHOOSE to drive a pickup that says DODGE on one side and RAM on the other -DEEREHART
Doug-
I still remember working at a Lincoln-Mercury dealership over 45 years ago when a little station wagon came in with “Pinto” nameplates on one side and “Bobcat” on the other. As you have noticed some aftermarket parts catalogs try to treat the Dodge and Ram trucks as different vehicles, others don’t. At least they haven’t put “Stellantis” nameplates on any of them….yet.
Mike
December 9, 2002
Offline
mcrvs said,
Question:
How does cash flow work when retired? I’m not retired yet but am getting there.
I have very little time to attend these shows. When I’m retired, I’ll have much more TIME, but attending shows a great distance away means it’s costly (hotels & transportation) to just “window shop”. Conversely, if one purchases something nice at these shows, it really cuts into one’s finite retirement funds. Please elaborate…
Ian,
Several have laid out as how they are set up and stated some facts of the situation or the future plans of you’re collecting future, and all have brought out some very good points. We’re all different, and every single situation is different!
Jeff, has it wired! I would say he’s one of the exceptions to the standard rules and has made some very good moves and plans. God Bless him, as we hope they all work out well for him!
That said, I can understand you’re situation as the economy varies for all of us, and can affect us in so many different ways, as it has for you in the 90’s. We all might hear of, or know one or more who fit that ticket.
The investment thing is a vary wide spectrum and when you look at how many people have rainy day funds,( less than 10 % in general and closer to 8 % ), it can be mind boggling.
You always struck me as a smart guy and pretty astute collector. Do what you can and stay within you’re means, as I know you will.
Tony
July 17, 2012
Offline
As usual, Tony is giving good advice.
Here is one alternative I have been exploring, a solar powered hybrid camper van.
Really, seriously, you get 50+ mpg, can park/camp/sleep in many Walmart parking lots for free and haul quite a bit of guns and goodies along with you. You can combine seeing the country with stopping at a few gun shows along the way. I would give up the Dodge and it would be our second vehicle. But, best of all, owning a motorhome offers several significant tax advantages, primarily because the Internal Revenue Service (IRS) allows a qualified recreational vehicle (RV) to be treated as a primary or secondary home.
There are other ways to make it work, you just have to find what best fits your situation.
Best Regards,
WACA Life Member #6284 - Specializing in Pre-64 Winchester .22 Rimfire
March 31, 2009
Offline
Jeff, you really need to investigate solar vehicles before you buy one. Long distant traveling may not be the best. If you buy one get the one that runs on the battery as long as it can then switches to gas. Some EV’s switch to gas when you get to 40 mph. How often does the EV need to be charged? How long does it take to be fully charged? Along your trip where are the charging stations and campgrounds. Heat, load, hills and speed really effect the the life of the charge.
We had a motorhome but I can’t remember the details about the rules for the qualification as a second home? Ask a tax expert about this. Our motorhome had a generator, air conditioning, bedroom, living room, kitchen and bathroom. We stayed at a campgrounds where we did laundry, filled the water tank and emptied the black water tank. It had a 100 gallon gas tank and about the same amount of clean water. Driving a car, eating in restaurants and staying in motels or using the motorhome cost us the same but the convenience of the motorhome had its benefits.
July 17, 2012
Offline
Hi Chuck,
Yes, the ones I am looking at can be charged with a station but that defeats the purpose of saving money. The solar is a passive system but it takes days to get a full charge. The ones I am looking at switch to the gas or diesel engine at about 40mph so your true economy is from driving around town, not on long trips, but it all helps the average.
I have already talked to my tax guy, according to the IRS you only need 3 things to qualify the vehicle as a first/second home, it has to have a built-in bed, toilet and a built-in means of cooking food. Most of the ones I am looking at have a cartridge toilet, a microwave and a convertible bed/table and they qualify. To write off the loan interest, the vehicle must be the loan collateral but that is usually the case anyway for financed vehicles.
I am still weighing the pros/cons but it still seems to be a viable option. Worst case, you did a cross-country trip and didn’t use the electric at all, even then you are still getting 18-22 mpg (depending upon the vehicle and engine) with fuel being the only expense. Aside from my frequent flyer miles, it is still the cheapest way to travel by eliminating hotels and restaurants from the expense tab.
The biggest problem with the whole setup is talking my wife into it….
Best Regards,
WACA Life Member #6284 - Specializing in Pre-64 Winchester .22 Rimfire
March 31, 2009
Offline
JWA said
Hi Chuck,
Yes, the ones I am looking at can be charged with a station but that defeats the purpose of saving money. The solar is a passive system but it takes days to get a full charge. The ones I am looking at switch to the gas or diesel engine at about 40mph so your true economy is from driving around town, not on long trips, but it all helps the average.
I have already talked to my tax guy, according to the IRS you only need 3 things to qualify the vehicle as a first/second home, it has to have a built-in bed, toilet and a built-in means of cooking food. Most of the ones I am looking at have a cartridge toilet, a microwave and a convertible bed/table and they qualify. To write off the loan interest, the vehicle must be the loan collateral but that is usually the case anyway for financed vehicles.
I am still weighing the pros/cons but it still seems to be a viable option. Worst case, you did a cross-country trip and didn’t use the electric at all, even then you are still getting 18-22 mpg (depending upon the vehicle and engine) with fuel being the only expense. Aside from my frequent flyer miles, it is still the cheapest way to travel by eliminating hotels and restaurants from the expense tab.
The biggest problem with the whole setup is talking my wife into it….
Best Regards,
Good luck. My wife does not want to drive anymore. Fly, rent a car and stay in hotels. I miss the driving. But this last trip to Cody was a bit much for me by myself. The longest days, 9 hours, were between my house and Provo Utah but the shorter days, 6 hours, on the back roads between Provo and Cody were the tough days. Very scenic but I had to really pay attention.
February 3, 2024
Offline
So, this is probably a dumb question.
And maybe there is a better place to ask, but I have not found it.
I was looking at the WACA table application for he show coming up in Ohio in september. I have never been to that one.
The table application says
“Will all your firearms be in locked cases ______ YES, or ______ NO? ______ I will be providing my own stanchions in front of my display table. (Gun-ties are not required if all firearms are in locked cases. Otherwise stanchions will be provided and must be in place.)”
My question is what the heck is the deal with “stanchions”?
Thanks in advance!
November 5, 2014
Offline
Hi Cecil-
I’m an OGCA member but have never (yet) done a display or had a table… I trust a few members, like Bill Hanzel, who help organize their shows will weigh in…
I think (???) this stems from an episode a year or so ago at an OGCA show where there was an accidental discharge in which two attendees were injured. Thankfully neither GSW was life threatening. The episode was the result of a careless table holder leaving a live round in the chamber of a lever gun and an equally careless attendee deciding to “test the trigger” by cocking it and pulling the trigger without checking with the table holder. Two people got hurt, and OGCA lost access to that show venue b/c their insurance company balked…
So… I think “stanchions” are those metal post things that you hang velvet ropes between to prevent the public from having physical access to your guns. You either have to barricade your display/table OR put tie wraps on the guns.
Under the circumstances, I don’t think that’s unreasonable…
Just my take,
Lou
WACA 9519; Studying Pre-64 Model 70 Winchesters
November 7, 2015
Offline
Cecil-
Sounds like an OGCA requirement, maybe their site has some hints or guidance.
MKE
December 9, 2002
Offline
Hello Cecil,
The OGCA is a very good organization, and you’re questions are attentive. Like Louis said, hopefully Bill Hanzel will be along and contact you if you have further questions. He’s very easy to work and deal with, and helpful.
I’m glad to hear you’re plans on setting up and attending the OGCA show or shows. In trying to answer you’re question ahead of time, if you’re display at you’re tables involves a “Stanchion”, or anything to hold something up in front of you’re table or tables, the OGCA, just wants to make sure they can accommodate you and give you the room you need for you’re set up or display. They like many other organizations are very thorough, and don’t like or want surprises, on both ends. If you are just planning on using the provided tables, then I feel there’s no need to worry about the “stanchions”, in question.
Here’s the links but I’m sure that you already have it and have read it.
https://ogca.com/safety-rules-resources/
We have a few members here, that are regulars and set up at there three current locations to accommodate members in the state of Ohio. I myself haven’t set up for a few years now, and not since the new rules went in place, that we’re needed after the mi-hap. Unfortunately things happen, and the OGCA, did a tremendous job to not only find some much needed locations spread out in the State, but handled the situation, caused by neglect and or lack of respect for other members, very well.
Hopefully I can make the September show as planned, as I look forward to stopping by and saying hello, to you and some other members.
Tony
May 26, 2017
Offline
Hello Cecil,
Ah yes stantions…..due to an unfortunate incident, we had to re-write our rules. All firearms will be inspected by an OGCA board member. If you are displaying and don’t want gun ties on your firearms while they are on display, they must be.1 inspected and in a locked case(s)..or 2. Inspected and stantions placed in front of the table. Both of these options will allow the firearm to be displayed without a gun tie. We took into consideration the display of firearms and are aware of how they can present better without a gun tie visible, yet remain safe. Stantions will also stop anyone from reaching over and touching anything they shouldn’t be touching, which gives most folks peace of mind as well. I’ll shoot you a pm with my info, feel free to contact me with any questions about the September show, right down to places to eat if you need it.
Look forward to meeting you !
Bill Hanzel
May 26, 2017
Offline
Oops forgot a main point, we provide the stantions, if you don’t have your own. All you need to do is tell us how many… 2 will cover one table…. 3 will cover two tables and so on
December 9, 2002
Offline
Bill,
Thanks for checking in and helping us to define this. You’re work is always appreciated!
Tony
February 3, 2024
Offline
Bill,
Thanks a bunch for the explanation.
It all makes perfect sense now, knowing what you explained.
I am fine with the ties, but I can sure see cases where they would not be ideal.
I appreciate the kind response to my uneducated question!
Cecil
November 7, 2015
Offline
I think gun show operators nationwide have taken notice of OGCA’s misfortune and their thoughtful response. We can’t depend on every gun show attendee to exercise good judgement and safe gun handling skills. I think gun shows are safer today because their operators took a hard look at their safety rules and made improvements as a result of the OGCA incident. Like it or not gun shows won’t happen without insurance. If we’re going to welcome the public to our shows we need to assume they know nothing about basic gun safety. Common sense isn’t something we can depend on today.
Mike
1 Guest(s)
