PM-1660TL

I am now trying to decide if I want to (A) hire a rigging company, or (B) rent a forklift & do that myself.
 
I have made a lot of progress with this project. I bought about 12 Aloris CXA tool holders as well as Aloris shanks, boring bars, parting tool & inserts. This includes the less expensive knurling tool holder, and MT3 along with MT4 tool holders.

I got about 20 MT drills, 2 live centers & an MT4 chuck. I also bought an import MT2 to MT3 adapter.

This was wholesale financial hemorrhaging. This project will only make financial sense if I can live another 30 years & spend a LOT of time on this machine.

I have the space in the garage all cleared and the rotary phase converter is sitting there, all ready to go.

It looks like I will have to work 6 days a week, cash out 2 weeks vacation plus all my sick days for at least the next 2 years to pay off all of our consumer debt.

The escrow closed on the sale of the bare lot in Troy, OH. Had that escrow not closed, we would have been hung out to dry.
 
Last edited:
It might be time to slow down hoss, your sounding like a run away stage coach :)

You would be hung out to dry, but the family is along for the ride. I know your whys, but it's not just you.
 
Last edited:
erikmannie said:
... This was wholesale financial hemorrhaging. This project will only make financial sense if I can live another 30 years & spend a LOT of time on this machine... It looks like I will have to work 6 days a week, cash out 2 weeks vacation plus all my sick days for at least the next 2 years to pay off all of our consumer debt... The escrow closed on the sale of the bare lot in Troy, OH. Had that escrow not closed, we would have been hung out to dry.
Click to expand...
I and many others here told you to slow down and think through what's needed, when it has to be functional, and the expected returns. Instead, you spend money left and right, complain about what stuff costs, and ignore our advice. Like I said before, these actions look self-destructive, but that ship has sailed. I'm left wondering how you thought this could turn out different, given that you were told upfront, but okay...
 
Eric, I'm sorry I'm over stepping my boundaries, as you are dealing with a tragic loss. Please consider grief counseling. I'm going to print your quote here because you are heading down the same path in a different manor. I will not interfere anymore. I apologize if this is taken the wrong way.

" About 3 years ago, he had perfect health, a great job, a home and a happy young family. From the time he started using(you buying), he lost these things one by one until he eventually lost everything. "
 
Aukai said:
Eric, I'm sorry I'm over stepping my boundaries, as you are dealing with a tragic loss. Please consider grief counseling. I'm going to print your quote here because you are heading down the same path in a different manor. I will not interfere anymore. I apologize if this is taken the wrong way.

" About 3 years ago, he had perfect health, a great job, a home and a happy young family. From the time he started using(you buying), he lost these things one by one until he eventually lost everything. "
Click to expand...

I appreciate your concern. My wife can hold her own (believe it!), and all of our kids are grown.

My son succumbing to his drug habit & me going “all in” on this lathe (and tooling) purchase is probably related in a hereditary way. I won’t do anything if I can’t go all in. Knowing that, I am very picky about what I choose to pursue.

The spending for the PM-1660TL and tooling is now academic (except for a rigging company or forklift rental). I will be okay if I can work at least two more years.

I never drink or use drugs, but I am very aware that machining & welding can be just as dangerous. Yesterday I was gas welding on a stand for a mill. Of course, I know to remove the contents of the cabinet before welding on it, but I still shuddered when I removed a full gallon of acetone which would have been about .120” from the 5800 degree Fahrenheit tip of the O/A flame. Gotta think & be careful 100% of the time!

If I were to do it over again, I would save up money in the bank before making any large purchase.

Well, back to work...
 
Thank you for your understanding
 
Aukai said:
Thank you for your understanding
Click to expand...

I already have a therapist. I think he is an MFT. Kaiser gives me one hour/ month. Whenever I ask him for counsel, his answer is always the same: “Really, it’s whatever you want”. Of course, my only ideas only lie in welding or machining.
 
Last edited:
Change him out, I hate canned answers. "and how do you feel about that" is one of them.
 
You must log in or register to reply here.
Back
Top