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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Retirement Investing
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Author: intercst   😊 😞
Number: of 1281 
Subject: Re: Zweig article/30-year Returns
Date: 09/11/25 7:30 PM
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{{This is a bit off topic but I've had some adventures with my hvac system which is critical in the Phoenix area. I found a solid company and was talking to the guy who is also the owner. He worked at another company for a long time and they were valued around $15M but the owner wanted to take it to $20M before selling it. In order to try to get there he or maybe with consultants decided every tech has to have an average bill of $700 at the end of every month. This guy I was talking to said he was the lead and he would have to do the firing and he thought it wasn't right so he left and took several of the best employees with him to start his own company, the other company has dropped to $9M valuation.

But this is why people are get screwed by many contractors. Either private equity or other demands that require the technician/contractor to make $x per month and causes many of them to recommend work that is completely unnecessary. }}

So far, I've been able to do all my own HVAC repairs. If I have to bring a contractor to the house, I regard it as a failure.

intercst
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This community has written 1,207 posts about Retirement Investing. The article-length ones it recommended most:
The Case for Long-Term Buy and Hold Investing · 49 recs · 2025
Transferring assets to the next generation · 20 recs · 2025
Retirement Year 8 · 17 recs · 2025
(nearly) year one of retirement has been good · 11 recs · 2026
Buying Treasuries Via Vanguard · 10 recs · 2023
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