Diversification trips
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I am so going to St. Louis for my first Div Trip! I have a picture of the Arch on my wall to keep me motivated.
[quote=Spaceman Spiff]
… Carry on Morean. [/quote]
[quote=Spaceman Spiff]
…But to write off your vacation because you take your wife who happens to be a part of your staff is pushing it in my opinion[/quote]
Sorry … I probably read too much into that earlier comment. I was just kibitzing, is all. Hope y’all have a great weekend.
You are the idiot. Saying you get an extra 64% is like saying that you get all 100% of your paycheck every month. You can say the payouts better, but really all we are trading is the trip to the post office to hand that 60% over to the local bill collectors. While you are running around paying bills, or paying someone else MORE money to do it, were letting Jones do it.Spiffy is drunk on koolaid. He’s the real idiot. Giving up 64% to rub elbows with people who he wants to be, but those people are fakes.
[quote=bspears]Spiffy is drunk on koolaid. He’s the real idiot. Giving up 64% to rub elbows with people who he wants to be, but those people are fakes.
You are the idiot. Saying you get an extra 64% is like saying that you get all 100% of your paycheck every month. You can say the payouts better, but really all we are trading is the trip to the post office to hand that 60% over to the local bill collectors. While you are running around paying bills, or paying someone else MORE money to do it, were letting Jones do it.[/quote]
Wind that’s the stupidest thing you’ve ever said.
It’s not actually. Sure, you may get a bit more, but to come on here and brag that you get 100%, or even 60% after you pay all your bills is retarded.
You indy guys need to admit the trips are a nice perk for doing your job at Jones. They don’t suck. They force people to take a breath which is healthy and your family can be part of it. Stop acting like they are terrible. They were the worse trips ever. You sound like petulant children.
Jones guys. We pay for the trips. They are not free. They are only great because of us … Not Jones. We could keep the money and do it ourselves. Not that most would.
Windy … You’re smart.
PLus like I said. If you’re making Div Trips, then you can afford a few of your own.
He wasn't bragging about getting 100% dipsh*t. He was just referring to the 65% that Jones takes.It’s not actually. Sure, you may get a bit more, but to come on here and brag that you get 100%, or even 60% after you pay all your bills is retarded.
“There aren’t free, but a sh*tload cheaper than I could manage by myself”
"PLus like I said. If you're making Div Trips, then you can afford a few of your own. " - Windy Well which is it you babbling dumbass ?Babbling? I said the trips Jones gives you are cheaper than I could manage, but that doesn’t mean I can’t afford a few vacations, you f*** stick. Seriously, that quote was stupid. I’ll make sure to speak with your assistant manager about that one.
Windy - Let’s assume for a second that I will make as much as you this year gross - say 250k. Let’s further assume I don’t make income off of anybody else.
As an RIA, I get 100% of all revenue. So let’s do a little math.
250k works out to about 20,833/month.
Minus 1285 for office. Which mine is a little big. I could have gotten a one person office (like yours) for about 800 in this area.
$180 for phone and internet, $100 power and water. $800 payroll. $118 for E & O. $17 for Business insurance.
What else? Hmmm, let’s see licenses average out to about $200 a month. Postage at most $14 a month. Or should I say $7, since you pay out of pocket for half of yours as well?
That’s 87%. And let’s not get into the tax benefits. It would blow your mind. You get paid out 38% (maybe) then you pay all of your net (minus your payroll deductions) at your tax bracket. I don’t.
I put a LOT more money in my pocket than you do.
Once again, that was the stupidest thing you’ve ever said.
[quote=voltmoie] You indy guys need to admit the trips are a nice perk for doing your job at Jones. They don’t suck. They force people to take a breath which is healthy and your family can be part of it. Stop acting like they are terrible. They were the worse trips ever. You sound like petulant children.
Jones guys. We pay for the trips. They are not free. They are only great because of us … Not Jones. We could keep the money and do it ourselves. Not that most would.
Windy … You’re smart.[/quote]
I agree that the trips are nice - but if I were you I would reserve judgement until you’ve been on one. They are not what you are sold when you get hired.
They are business trips with a good bit of vacation shot throughout.
They are certainly not the worse trips ever. But when my wife is uncomfortable, it makes them bad. Anybody who is married knows that when mama isn’t happy, no one is happy. Just sayin’.
I know an Italian Sports car is fast not because I’ve driven one but because I know people that have. I’ve spoken to dozens of advisors that rave about the trips and have heard a few clowns on here bash them. Forgive me if I’ll trust their judgment more… I’m more than comfortable passing judgment at this point.
With respect to your wife, she seems to have been uncomfortable in many Jones situations. Whether it was her or your region, that sucks but it is no way shape or form other peoples experience. My family has not been in the same boat (minus a silly wholesaler) I like Jones people minus the koolaid. They have been warm, inviting, and decent people.
My point is your experience (and a few ex-jones guys) while valid seems to be an anomaly but I guess the minorities always scream the loudest and drive the debate.
Volt - It’s a cult-like atmosphere. Some guys can ignore it. If it were just me, I probably could as well. If it were just my region, it wouldn’t have happened on the div trips.
Just because people rave about the trips, doesn’t mean I’m not right. Some people love the kool-aid. Like I said, those trips are world class business trips.
As for you being comfortable making the judgement, that’s fine. But I have to say your analogy is flawed. You may know that an Italian sports car is fast, but the experience of driving it is different. And different for different people.
But it’s a different world as an indy/RIA
I can relate to what you're saying Morean. My wife instantly picked up on the implications of the trip ("do we have to spend time with 'those people'? I want my vacation to be about us!"). She pretty much hates the force-fed Koolaide at Regionals, and the Seg Five wives telling her what it will be like when her husband "earns one".
I don't mind the Koolaide myself; I have pride in my organization and a lot of it. Personally, I'd welcome interacting at least a little bit with other people from the company and reinforcing that I am part of a larger organism. And of course, that doesn't preclude my thinking I might do better for myself outside this same organization. FWIW, there is a negative to being indy/RIA - and that is all too often you face the threat of becoming insular and cut off from others. Not saying that is the case with you, but it's an unstated negative about taking business vacations and only meeting those you already know.You may say that is a negative, but I don’t. Just like people don’t think it’s a negative to interact with other people in your company. Besides, if we want to we can just invite our friends (which we wouldn’t). Vacations are family time and family time only for us.
Also, we’ve met wonderful people in our travels. Two intrepid British brother’s in law while mountain climbing, one of whom was in investment banking for 20 years - talk about a lot of good info! A Canadian teacher and her mother while in Greece. An Austrailian fighter pilot and his wife in the Caymans.
You learn a lot and experience a lot more when you aren’t surrounded by Jonesies in my opinion.
My analogy didn’t revolve around the handling of the cars. Simply the speed. It works because the trips are nice and they treat you well.
Are they the right trips for everyone, obviously not … However, it does not mean they are not good trips … Just the “drive” might be too firm for you.