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10-27-2009, 11:31 AM
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#1 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
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| one year since the recession
well its technically a few years since the recession hit and the markets dropped from dows high of 14k, but the main effect of the recession was around last sept/oct.
how has it affected you in the last year? lost your job? lost money? maybe gained money? still unemployed?
discuss.
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|  | | This post FAILED by: | Black SC2, dizzystar, Fafine, hk20000, Shead, taylor192, tgill, tonyvu, too_slow, TRD Rs200, Vansterdam | |
10-27-2009, 11:40 AM
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#2 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
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crap! wrong forum. here come the fails.
mods move this please.
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10-27-2009, 11:43 AM
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#3 | | Revscene.net has a homepage?!
Join Date: Dec 2003 Location: Vancouver
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Job remained pretty much the same, got a raise, making more right now than I did a year ago. Investments took a dive downwards, but made it back to the positives right now. Overall, the "recession" didn't really affect me that much.
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10-27-2009, 11:59 AM
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#4 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
Posts: 8,439
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my mutual funds were down for a while! but now they're back to what they were at 2 years ago. i still consider it a loss since i should be getting at least 5% a year from those, so im down around 10%.
my stock portfolio was up and down like crazy and i only ended up making a little (25% is considered a little... lots of people doubled up)
still got my job! not sure if thats a good thing.
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10-27-2009, 12:47 PM
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#5 | | Witness protection
Join Date: Apr 2001 Location: GVRD
Posts: 14,427
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i'm working for one of the health service authorities and there are people getting laid off left and right all around me. i'm on notice as well... but i won't know until next april 
i have a modest investment portfolio that i've been trying to contribute to, but it's been hard not see any returns on pretty much anything 
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"The guy in the CR-V meanwhile, he'll give you a haughty glare. He's responsibly trying to lessen his impact, but there you go lumbering past him with your loud V8, flouting the new reality. You may as well go do some donuts in a strawberry patch and slalom through a litter of kittens." Dan Frio, Automotive Editor, Edmunds
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10-27-2009, 12:47 PM
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#6 | | I answer every Emotion with an emoticon
Join Date: Apr 2005 Location: Vancouver
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u guys r lucky. I have been searching for a job and it is tough. I'm a newbie and most jobs require some related experience. I am trying to invest my money but dunno where to start.
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Ignorance is bliss
How I wish I can remain ignorant, why do I know so much?
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10-27-2009, 12:53 PM
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#7 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
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thank God the only setback i experienced was i had to cut my hours for work from 40-30 back in august for month. other than that life has gone relatively ok.
fyi im also a student.
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Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | |
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10-27-2009, 12:57 PM
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#8 | | My homepage has been set to RS
Join Date: Jun 2006 Location: Richmond
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At worst we would still haz rs.
Last edited by Jackygor; 10-27-2009 at 01:07 PM.
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10-27-2009, 01:40 PM
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#9 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Sep 2008 Location: Vancouver
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Last September I was in school. Now I'm working! Yay!
My job is to repair electronics, if anything I should thank the recession. Customers not sending their shit in for repair. Which means I can go on RS at work! haha =)
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10-27-2009, 01:47 PM
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#10 | | Banned (BBM)
Join Date: Jul 2004 Location: Vancouver
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Ya but rs aint gonna put meals on the dinner table now would It
I guess I should be thankful., still got my jobs Quote:
Originally Posted by Jackygor  At worst we would still haz rs. | Posted via RS Mobile | |
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10-27-2009, 02:24 PM
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#11 | | I'm invisible
Join Date: Jun 2002 Location: 604 Vancouver
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What I experienced through the year was there was a pay freeze with our salary. With car sales down compared to previous years, our office does fewer car insurnace for the dealerships, which means lesser income for the office, and hence a pay freeze. However, my commission has been going up slightly.
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REVscene.net
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10-27-2009, 03:05 PM
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#12 | | I contribute to threads in the offtopic forum
Join Date: Jul 2009 Location: ur sistrs pants
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investments took a big hit
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10-27-2009, 03:24 PM
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#13 | | Witness protection
Join Date: Apr 2001 Location: GVRD
Posts: 14,427
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| Quote:
Originally Posted by q0192837465 u guys r lucky. I have been searching for a job and it is tough. I'm a newbie and most jobs require some related experience. I am trying to invest my money but dunno where to start. | is there a financial advisor at the bank you go to? that would be a start.
i really need to put more money away. one of the long-term employees where i work should have retired 3 years ago but he can't because he dosen't have enough to retire on... i don't want to end up like him
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"The guy in the CR-V meanwhile, he'll give you a haughty glare. He's responsibly trying to lessen his impact, but there you go lumbering past him with your loud V8, flouting the new reality. You may as well go do some donuts in a strawberry patch and slalom through a litter of kittens." Dan Frio, Automotive Editor, Edmunds
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10-27-2009, 03:56 PM
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#14 | | My homepage has been set to RS
Join Date: Mar 2004 Location: East Van
Posts: 2,160
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Still have my job thankfully. Haven't been able to ask for a pay increase with the company making A LOT less money though then it was last year.
Hopefully I still get my end of year bonus  | |
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10-27-2009, 04:01 PM
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#15 | | I *heart* Revscene.net very Muchie
Join Date: Jul 2004 Location: vancouver
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lost my job
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10-27-2009, 04:48 PM
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#16 | | JDMEK9Mod | DogWhisperer
Join Date: May 2007 Location: Richmond
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only thing the recession has done thus far is prevent our union from getting our annual raise and job stability is uncertain at this point. other than that, not much at all. oh, and a new position was axed.
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10-27-2009, 04:56 PM
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#17 | | RS has made me the bitter person i am today!
Join Date: Jul 2007 Location: ♠
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Rofl.... making even more money than before.
__________________ Quote:
Originally Posted by Outreach Fuck your Mother, chump. | | |
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10-27-2009, 04:59 PM
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#18 | | F**K YOUR HEAD
Join Date: Apr 2009 Location: vancouver
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^and bought a new car?
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10-27-2009, 05:02 PM
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#19 | | Willing to sell body for a few minutes on RS
Join Date: Oct 2006 Location: Vancouver
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got a raise but my hours were cut short and i've been trying to look for a new job but it's so hard to find one
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10-27-2009, 05:04 PM
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#20 | | RS has made me the bitter person i am today!
Join Date: Jul 2007 Location: ♠
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| Quote:
Originally Posted by ilvtofu ^and bought a new car? | JAJAJAJA you know how it is.. Recession was bullshit, i just kept spending like how i did before it, nothing changed for me.
__________________ Quote:
Originally Posted by Outreach Fuck your Mother, chump. | | |
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10-27-2009, 05:06 PM
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#21 | | MOD
Join Date: Oct 2002 Location: VANCOUVER
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friend lost his job and had to survive on savings and EI. so far..EI coverage has ended and his savings are getting smaller and smaller.
me, still employed but working less hours.
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10-27-2009, 05:06 PM
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#22 | | F**K YOUR HEAD
Join Date: Apr 2009 Location: vancouver
Posts: 8,718
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| Quote:
Originally Posted by 6insomnia9 JAJAJAJA you know how it is.. Recession was bullshit, i just kept spending like how i did before it, nothing changed for me. |  same here, just quit my job last month >.<
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10-27-2009, 05:07 PM
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#23 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: May 2005
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Job market is still unstable....service sector --> there's demand. Office job --> not good
Currency, yes, CDN is strong, but it hurts our economy seriously.
More gov't tax = we are poorer.
Security markets are strong, but average investors are not making much at all. Only those fund houses and brokers are making big bucks
are we better off? not really...Rich people become richers, poor people become even poorer
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10-27-2009, 05:23 PM
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#24 | | "Entertainment" mod.
Join Date: Feb 2009 Location: Surrey, BC
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Still unemployed and finding a job. Hoping to get a job at the dealership I'm at for work experience right now.
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Green OJ Special
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10-27-2009, 06:16 PM
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#25 | | RS has made me the bitter person i am today!
Join Date: Aug 2002 Location: Bootyville
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I survived layoffs of 33 people because I was employed 6 months before the cut off date. they eliminated overtime pay, switched from 12 hour fix shifts 3 and 4 days a week to rotating 8 hour shifts 5 days a week. this means every 2 weeks we go from a 6am-2pm shift, to a 2pm-10pm shift, to a 10pm-6am shift with no weekends. this maked it nearly impossible to work a second job or go to school part time. Everyone was having a tough time because it takes almost to the end of your 2nd week before you adjust your sleeping patterns before you are onto the next shift rotation. enough people complained and so they took a vote and it was decided that every two weeks we would rotate between just 2 shifts. thankfully i received the 2 shifts that worked best for me, while there are a lot that didn't receive their first choice. while it works out that I am actually working a slightly longer week, I am making slightly less because I miss out on the steady shift premium for working the graveyard shift which i now receive just every 2 weeks.
a lot of this has to do with the recession, the rest has to do with a major plant upgrade in Winnipeg that makes shipping work here to Kamloops less efficient. We have all been stressed out because we all believe this plant is shutting down for good, its just a matter of when.
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