On How Much Can Dog Walkers Make? How About $120,000/Year

@juniorbizarre Well, it is 45 people supposedly paying Manhattan-esque pricing for dog walking. So it likely is the part of OC portrayed on the TV, rather than the part inhabited by the food prep workers at Disneyland. And there are certainly 45 people in OC who wouldn't be out of place on The Real Laguna House OC Hills Wives Beaches of Orange County and whatnot.

Posted on October 22, 2014 at 4:53 pm 0

On How Much Can Dog Walkers Make? How About $120,000/Year

@Theestablishment It *has* to be someone who subcontracts some portion of the walking, most likely on a cash basis, and that's the net after paying them. Then the 'work' side of it makes sense. Still dunno who these bozos are paying $35 for a walk. I do find a place in Santa Monica that charges $20 for 30 minutes, and $28 for 45, so maybe the $35 if for an hour?? Also, if "dogwalker" is a misnomer, and the person actually runs a semi-full-service boarding business, then it again makes a lot more sense. Lots of walking, and then regular overnighting at ~$60/night (plus like $40 for the daytime) makes it pencil out more reasonably.

Posted on October 22, 2014 at 4:47 pm 0

On How Much Can Dog Walkers Make? How About $120,000/Year

45 dogs x 5 walks per week x 50 weeks a year = 11,250 walks x $25 = $281,250. (or x$35 = $393,750) So, if you have 45 clients, and you can charge 25 to 35 bucks per walk, you only have to average 1.5 to 2.5 walks per dog per week to get to $120k. And that includes *zero* dogsitting. Those prices seem *crazee* high, sitting here in Chicago, tho. Going rate for half hour walks is more like $15--which, still, with 45 clients needing mostly daily walks gets to $120k pretty easily.

Posted on October 22, 2014 at 4:04 pm 0

On Checking the Transactions

When that happens, I simply protest the charge thru the on-line dispute process. Every time, and without spending 45 minutes on the phone.

Posted on October 21, 2014 at 11:57 am 0

On Witchy Feelings About My Index Fund

"the cost basis tab ... it shows me how much I originally put in" Not quite. It shows you what you originally put in, plus the amounts of dividends/interest/capital gains that have been "paid out" to you and which have/will show up on a 1099 at year end. Example (simple one): On 1/1/13, you put $10,000 into a fund that is entirely stock that pays exactly $500 in annual dividends. In Jan-14, you get a 1099 for $500 of dividend income, and your cost basis will show $10,500. After ten years, you'll have a cost basis of $15,000, which you use to determine your taxable gain if you sell.

Posted on October 16, 2014 at 3:22 pm 0

On How Taylor Swift Does Money

"What percentage of her income do you think she spends on housing? Just the 30% the experts advise? " Well, if you're talking cash purchase, you need to look at the inverse--it's something like 3 to 4 times one's annual income is what you should look to buy. But, of course, in her tier of assets, it's all about allocations--is $40 million allocated to real estate too much? If she has $150 million plus in other assets (cash, stocks, etc, airplane(s), art, jewelry), then I'd say certainly not; if it's more like "only" another $40-50m (so she's like 50% in 3 houses) then she's over-allocated and possibly going the Nic Cage route eventually.

Posted on October 16, 2014 at 1:57 pm 2

On How Taylor Swift Does Money

@therealjaygatsby "It’s insane that a person who sings songs can buy $37 million in property." What about a guy who *sells* other people's songs being a billionaire? [Branson] We are in the era of the "WTF? How's *that* worth a billion?" runs rampant--hedge fund dudes get paid for betting right with *other people's money*. That's *far* more insane than someone taking in $20 each from 50,000,000 people (or $100 each from 10 million) who like to hear her sing. Seems totally plausible and fully understandable to me.

Posted on October 16, 2014 at 1:53 pm 2

On Jimmy John's Non-Compete Agreement Bans Employees From Working at Restaurants that Serve Sandwiches

@NoReally " non-compete clauses are all about intimidating the ignorant, and completely unenforceable" Depends upon the state. And, even then, someone working front-line for a retailer, "completely unenforceable" is right. Now, if you're "Director of Research" or CFO or something, they become possibly enforceable even in the states where they are generally unenforceable. But for a sandwich maker? GTFOOH.

Posted on October 15, 2014 at 3:39 pm 0

On Amazon vs Target, and How "Transparent" Changes Things

@clo And the little businesses are taking advantage of your desire to not fund the big corporations. Subsistence farming for everyone!!

Posted on October 14, 2014 at 7:16 pm 0

On The Story Behind Costco's Free Samples

@HelloTheFuture " Is that universal, or just a Costco thing?" Neither. There are some stores that have regular employees doing samples, and others that only have outside people doing so, and others (Whole Foods, here is Chicago, is one) that use a mix, depending on the product. Often, the outside person is a rep for the product, or hired by the product company to do the sampling.

Posted on October 2, 2014 at 4:04 pm 0