David Frackelton Gleason, whilst posing as 'Eduardo', shipped out another load
when he wrote:

"gallant17" wrote in message
...

Actually, radio stocks are down at least 50%, and some are down 90%.
This goes to show that with iPods, cell phones, etc the long-term
outlook for radio is grim.

Stock price often has little to do with a business and more to do with
market trends and hot and cold sectors.

I'm going to retire enjoyable due to buying "value stocks" which are simply
companies throwing off lots of cash and paying dividends which are
undervalued by various metrics.

Didn't you say sometime back that you'd have to keep working due to the fact
that radio firms didn't have much of a pension plan? Something along the lines
of being 70 years old or so?

"retire enjoyable" at 70 or so doesn't seem too enjoyable.

Or is this merely another shipment of your BS?

dxAce wrote:

David Frackelton Gleason, whilst posing as 'Eduardo', shipped out another load
when he wrote:

"gallant17" wrote in message
...

Actually, radio stocks are down at least 50%, and some are down 90%.
This goes to show that with iPods, cell phones, etc the long-term
outlook for radio is grim.

Stock price often has little to do with a business and more to do with
market trends and hot and cold sectors.

I'm going to retire enjoyable due to buying "value stocks" which are simply
companies throwing off lots of cash and paying dividends which are
undervalued by various metrics.

Didn't you say sometime back that you'd have to keep working due to the fact
that radio firms didn't have much of a pension plan? Something along the lines
of being 70 years old or so?


Radio wasn't very big on pension or thrift plans, as a rule, but they
do exist. And after the mid 80's, for executives with a specified time
in service, profit sharing, thrift and pension plans became more common
among very large firms. And they exist with different plans for
different levels of service, or rank within the company.

I had both a 401k and a company pension plan when I exited the
business, in addition to my portfoli, and my own financial plan for
retirement.

Generally, front line employees, like disk jockeys, and support staff
like banner hangers, don't last long enough to have much in the way of
vested interest in company assets and plans, so, for most, in radio,
there are no pensions.

Then, again, if you really do well in Radio, you don't need a company
pension...you've covered that on your own.

My own plan was far better than any company offerings in which I was
vested. I simply cashed out my company plans when I exited, because my
own plans were so much better.









"retire enjoyable" at 70 or so doesn't seem too enjoyable.

Or is this merely another shipment of your BS?

"D Peter Maus" wrote in message
...

Radio wasn't very big on pension or thrift plans, as a rule, but they do
exist. And after the mid 80's, for executives with a specified time in
service, profit sharing, thrift and pension plans became more common among
very large firms. And they exist with different plans for different levels
of service, or rank within the company.

I had both a 401k and a company pension plan when I exited the business,
in addition to my portfoli, and my own financial plan for retirement.

Generally, front line employees, like disk jockeys, and support staff
like banner hangers, don't last long enough to have much in the way of
vested interest in company assets and plans, so, for most, in radio, there
are no pensions.

Generally, any of the medium and larger companies today has a 401k with a
percentage match. Very few companies that were not unionied back before the
60's or so have pension plans; they are the product of unionism of the
post-war boom years and today's post-consolidation companies did not exist
then and acquired no such burden.

Everywhere I look, 401k participation begins as soon as 90 days after
starting employment, and they can roll over if a person changes employment.

Then, again, if you really do well in Radio, you don't need a company
pension...you've covered that on your own.

This is true, and covers the best talent, sellers and managers.

My own plan was far better than any company offerings in which I was
vested. I simply cashed out my company plans when I exited, because my own
plans were so much better.

Even better is to enjoy the tax benefits of deferred taxation vehicles and
to have taxable accounts which are additionally funded.

"dxAce" wrote in message
...


David Frackelton Gleason, whilst posing as 'Eduardo', shipped out another
load
when he wrote:

"gallant17" wrote in message
...

Actually, radio stocks are down at least 50%, and some are down 90%.
This goes to show that with iPods, cell phones, etc the long-term
outlook for radio is grim.

Stock price often has little to do with a business and more to do with
market trends and hot and cold sectors.

I'm going to retire enjoyable due to buying "value stocks" which are
simply
companies throwing off lots of cash and paying dividends which are
undervalued by various metrics.

Didn't you say sometime back that you'd have to keep working due to the
fact
that radio firms didn't have much of a pension plan? Something along the
lines
of being 70 years old or so?

No, I did not. You, in typical fachion, reversed the data points:

In the 60's and 70's, few radio companies, because they were so small, had
any kind of benefits... health insurance was not common, and benefits even
less common.

Today, most larger radio companies have full benefits menus. To the extent
that if we want to work beyond regular retirement ages, it is only because
we enjoy the business and want to keep working.

"retire enjoyable" at 70 or so doesn't seem too enjoyable.

Many people do not want to be retired and doing nothing.

Or is this merely another shipment of your BS?

No, it is just an example of your poor reading comprehension. You must have
gone to a bad US public school.

David Eduardo wrote:

"dxAce" wrote in message
...


David Frackelton Gleason, whilst posing as 'Eduardo', shipped out another
load
when he wrote:

"gallant17" wrote in message
...

Actually, radio stocks are down at least 50%, and some are down 90%.
This goes to show that with iPods, cell phones, etc the long-term
outlook for radio is grim.

Stock price often has little to do with a business and more to do with
market trends and hot and cold sectors.

I'm going to retire enjoyable due to buying "value stocks" which are
simply
companies throwing off lots of cash and paying dividends which are
undervalued by various metrics.

Didn't you say sometime back that you'd have to keep working due to the
fact
that radio firms didn't have much of a pension plan? Something along the
lines
of being 70 years old or so?

No, I did not. You, in typical fachion, reversed the data points:

In the 60's and 70's, few radio companies, because they were so small, had
any kind of benefits... health insurance was not common, and benefits even
less common.

Today, most larger radio companies have full benefits menus. To the extent
that if we want to work beyond regular retirement ages, it is only because
we enjoy the business and want to keep working.

"retire enjoyable" at 70 or so doesn't seem too enjoyable.

Many people do not want to be retired and doing nothing.

Or is this merely another shipment of your BS?

No, it is just an example of your poor reading comprehension. You must have
gone to a bad US public school.

Ah, but unlike you, I graduated!

"dxAce" wrote in message
...


David Eduardo wrote:


No, it is just an example of your poor reading comprehension. You must
have
gone to a bad US public school.

Ah, but unlike you, I graduated!


And unlike you, I studied on my own and made a rather significant career out
of it. You, on the other hand, do basically nothing. How boring.

David Frackelton Gleason, fresh in from a stint standing on a corner posing as
'Eduardo', wrote:

"dxAce" wrote in message
...


David Eduardo wrote:


No, it is just an example of your poor reading comprehension. You must
have
gone to a bad US public school.

Ah, but unlike you, I graduated!


And unlike you, I studied on my own and made a rather significant career out
of it. You, on the other hand, do basically nothing. How boring.

Uh-huh.