I donít really like talking business at 9:30 pm, so even though I enjoy chatting with Julie, I was a little dismayed when it was her voice at the other end of the telephone call last night. She somehow got it into her head that Iím a night person, and to her that translates as my being available for consultation until well past happy hour (or the non-drinking equivalent, whatever that is).
Still, it was the first time Iíve talked to her in two weeks, since she went on vacation with the Boss for her birthday bash (or the Texas equivalent, whatever that is). And she had good news for me. Sheís been my advocate when it comes to planning for retirement.
Sheís been my advocate mostly because I havenít done any advocating for myself. I hardly even think about it, which is why I need an advocate. Iím just glad I didnít have to ask anyone (or hire anyone) to do it for me. She gets a charge out of the kinds of confrontations I spend so much energy avoiding. Going head-to-head with the Boss on matters that might or might not concern her directly? Thatís her idea of fun.
When last we visited this topic, I was being advised to look around for land to invest in. We were going to inquire about a 401K plan, which as I understand it is a sort of government-subsidized pension. But upon talking it over with the accountant, Julie has changed her advice. And since I have nothing else to go on, Iím following it.
The plan now is to keep reinvesting the profits made by the Kennel. So far since weíve taken over, the rate of return is at least four times what I could make in any other investment. The accountant was so impressed with the profitability of our little venture that he checked all the figures twice.
Yes, the Kennel is making money. And yes, the best place to put the money I make is right back in the Kennel. No income tax going in, no capital gains coming out. And apparently we have Bush and Enron to thank for that, but Iím not taking that part of the story as gospel. Iíll thank them when they stop stealing money from widows and orphans.
Any of their shenanigans that afford me a collateral benefit will be collected without attribution. In fact, I probably should assume that by the time Iím ready to retire, theyíll have thought of a way to take it away from me and line their own pockets with it. Iím basically not a cynical person, except when it comes to Republican politicians and their handservants (or the corporate equivalent, whatever that is).