Stock market losses

Saving Yourself From a Bad Trade

With the stock market looking weaker by the day, and omens of recession coming from every corner of the media, its time to take a look at what to do if you get caught in a bad trade. No one wants to be stuck in a losing position. You might have guessed that the stock would go up, but jumped…

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Donation box

Getting Rich through Donating

I’m writing this blog post while doing my taxes. Or let’s be real, while procrastinating from doing my taxes! An idea came to mind while accounting for all of the things my last disaster of a tenant left behind when I evicted her. (For all the details of that calamity, you can read it here.) Of all the things I…

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Hair Trimming

The $109,000 Hair Cut

I’m a little unusual for a guy.  Rather than go to a walk-in barbershop and getting assigned a random barber to cut my hair, I’ve seen the same barber/stylist for the last 30 years. My dad brought me in to see her when I was a child and I’ve always made it a point of using her when I needed…

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Furniture refinishing

Getting Rich Refinishing Furniture

A key part of getting ahead is never resting on your laurels.  Now that the bathroom is done its time that I start focusing on improving myself by picking up another skill – preferably one that actually makes me money.  As it just so happens, an opportunity arose that I couldn’t pass up. Every year my city holds a garbage…

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Victory

Bathroom Remodeling – Complete!

Its been a while since I last wrote anything about the bathroom remodel, but I can happily report that it is finally finished. We completed building the walls, mudding the corners, and putting in the vinyl plank flooring about a month ago, which was quickly followed by the toilet, shower base, shower tile and vanity.  Though I didn’t do much…

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Book Review: Why the Rich Are Getting Richer by Robert Kiyosaki

Why the Rich are Getting Richer is the latest book in the Rich Dad, Poor Dad series, and Kiyosaki continues giving readers nuggets of wisdom distilled from decades of thought about personal finance. Nuggets is an apt metaphor however, because like real gold the reader needs to sift through pages of repetitious fluff to find the hard-hitting material, all while…

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The Creator of the Sun and Moon

Even God Agrees: You Should Retire Early

That’s right, I said it: Even God thinks that you should retire early.  I know what you’re thinking: “Man, I just wanted to learn about early retirement. Why did you need to bring religion into this? We were getting along so well.”  I’m sorry, but I bring it up to make a point. Many here in the FIRE community propose…

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Morning Meeting

Be Wealthy with Others, or Poor on Your Own

It’s often said in the self-help literature and online articles that social/emotional intelligence is a key determinant of economic success, particularly in helping people up the career ladder. I can say that this is true from experience, having witnessed brilliant people get fired due to their social incompetence, and having struggled controlling my own emotions under stress. But what does…

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House Framing

Bathroom Remodeling – Framing and Electrical

I’ve mentioned before that I’ve been working on remodeling my bathroom downstairs to increase the rent of my mother in law suit. Alas, like all good projects we hit a snag! First, we lost the battle with the city inspector and had to call the plumber back in to replace the coupling in the floor. Then we invited my Dad…

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PVC plumbing tubes

Bathroom Remodeling – Permits and Plumbing

It’s been a bit of work, but I’m making more progress on the bathroom remodel. After we hauled the concrete out of the basement I went over to city hall to pull a permit for installing the new plumbing and fixtures in the bathroom…and instead left with permits for the framing, electrical and more. I understand why they’re needed to…

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