Times Are Tough

Hi all,

I have been out of action for a couple of weeks due to work commitments, unfortunately in my job I have to travel once in a while....... which pisses me off but is all part of the deal :)

Up until now I reckon I haven't seen much effect from the global recession, but guess what?
The recession has hit and in a big way.....with a lot more to come by the looks of it.

The level of workload in the mining industry in which I am involved is on the decrease, with what is still available being scrutinised like never before! Every cost, every hour invoiced is under scrutiny! Fair enough the mines are businesses with shareholders etc, and this current economy is hitting everyone.....Time are indeed getting tough!

Then one Kevin Dudd with his half baked schemes to solve all our problems springs to mind...... here are a couple of gems from the great man:

1) The great Alcopop tax...... implemented before it was passed in Senate only to be rejected and $300M having to be repaid ...... to who? it appears the collected taxs are being paid back to the alcohol manufacturers, my comment here is, the pissheads paid the tax they should get it back.

K Dudd should put on a big $300M alcopop party for everyone and we can all get shitfaced and forget about our problems......... what do you reckon!!! A giant pissup - I'll be there!

This guy is a fucking clown........ his master stroke of genius to stop tennage binge drinking was to chuck a couple of bucks tax onto premix spirit prices that the kids drink..... mmmm OK that will fix those fuckers thought K Dudd. Think again Dudd you rickhead......all the kids are doing now is buying 750ml bottles of scotch, vodka or whatever and mixing their own drinks and getting even more wasted.
Some of the people who think up these "do gooder" schemes have no fucking clue about the real world. Kids have been getting smashed as a right of passage in Australia and everywhere else in the world since Captain Cook rocked up, and guess what they will always be doing it well after the Duddmiester has left the building! Amazing plan and well executed Dudd - NOT!!!

2) Another major breakthrough - the great stimulus package........ give away a shitload of money and lets hope people will spend it to stimulate the economy........well at least K Dudd is trying I suppose.

But unfortunately we have another royal fuck-up......... His master plan has now been challenged because it's has a couple of minor "flaws" such as paying the money into Deceased Estates, paying it to people who filled in a Tax Return last year but who are no longer in the country. These are just two little oversights from Dudd, but overall on par from what I have seen from the little man so far.

He is trying to buy people off and can't even manage to do that right! I'll be getting nothing as usual because I don't fall within the income earning limits........... fuckers!!

Anyway I'm back and kicking sorry about the economic report but I blog about what's on my mind and today it's doom and gloom unfortunately.

Love Reg

Last Weekend

Another big weekend for the Regmiester...... we happened to capture some of the fun on my trusty old Nokia 6120 mobile phone.

Click here for a look at one of the highlights from last weekend!

Love Reg


* Credit for the clip to my good mate - imosh06

Growing Older Gracefully? Bloody Oath !

I remember what seems like only yesterday I was young! or considered to be young in the big scheme of things. The next thing you know it, your not a kid any more but an adult aged 42 with two kids and a wife........ this isn't a bad thing, but just how things have evolved for me, and to be honest I am more than happy with how things have played out.

Guess what though? I still feel young on the inside! Life does go by too quickly, and when I look back over mine so far, I reckon it's been pretty good and I wouldn't want to change a hell of a lot.

I live in the best Country in the world, in a comfortable house, have a good amount of money in the bank and my future looks OK financially (albeit not as good as it did 12 or so months ago before the Stock Market shit itself......) but I consider myself lucky with another 18 years of work to contribute and many more ups and downs ahead on the stock market over that time.

Many others aren't as fortunately particularly those who have recently retired and have lost 50% of their "nest eggs" with the market crashing. One thing I have learned from this market meltdown is that about 5 years before I am ready to retire I will hedge my bets and make sure I don't have too much high risk exposure in my portfolio.

The first 42 years of my life have gone by in a flash so I reckon the next 42 will do the same..... key upcoming challenges for me are:

1) Loose the 30 or so kilograms to get me back to "not looking like a fat bastard". This will improve many things: general health, longevity, blood pressure, cholesterol, future employability and will make me feel a hell of a lot better about myself.

2) Once the weight is lost - maintaining it within a healthy range.

3) When the kids inevitably "fly the coup" in the the next 4 years or so, we will purchasing a smaller home to suit just my wife and myself.... We will get something nice and tasteful as we will be able to keep it looking nice and look after it. As is par for the course, we are continually having "kid accidents" some of which include but are not limited to: accidentally damaging walls, accidentally punching a hole in the gyprock while showing friends how tough you are (without realising that gyprock isn't that strong), dropping food on carpet, dropping coke on the carpet, consistently wrecking things with no rhyme nor reason.

4) Putting more into my self managed super fund (going into Cash at he moment !) - and setting us of for our retirement

5) Once the kids move onto their own lives the wife and I will be able to save allot more money than we do now, and we will get into some world travel! (BTW, I am not trying to get rid of my kids, I love them dearly)

Both my wife and I, love a good holiday and seeing new places but haven't been able to do a great deal of late with trying to cover the costs of living and building a modest nest egg along the way. We will definitely be doing at least one big overseas holiday per year (maybe 2 if we can afford it!)

A picture of my beautiful wife and a few of her friends taken during our last holiday on the Gold Coast

This is me in my element at Jupiters Casino on the Gold Coast, QLD.

Well there's a few thoughts from the deepest recesses of the Regmiester's brain, but I wanted to share them so people understand a bit more about me and where I am trying to go in life.

Reg