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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bull stock market

Adventures in Stock Trading #1

Now that I closed out of my TRXC position after holding it for a year and a half, its time to get back to stock trading and doing it right. I’ll detail the first three trades that I made here, and the techniques I’m using to protect myself while looking for an opportunity. I can definitely say that having money in…

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Building Farm Truss Farmhouse Fachwerkhaus

Mortgage Before Investments

Pay off the mortgage or invest your savings in the market? If there was ever a ninja vs. pirate debate in the FIRE community it’s this one. My foray into the debate is inspired by another article on the subject posted on a blog called Their Money Goals. The authors argued that comparing the inflation return on a house of, say,…

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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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Stock Trading Success

Let the Trading Begin

The clouds have cleared and the great weight is lifted. The worry is gone and bright days are ahead. I’m not talking about the weather, but my own mentality.  What is making me so happy? I finally closed out my largest stock position. I had gotten into this stock in October/Nov of 2016, should have gotten out in October 2017,…

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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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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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Get Rich with Toastmasters

People often say that money doesn’t grow on trees. What’s less often said is that you can create money with your mouth. Strong communication skills are closely tied to personal success and earning potential.  If you’re someone who can speak clearly, succinctly, and memorably, then you stand apart from your peers who do not. People will invest you with greater…

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