Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 02-19-2010, 06:15 AM   #81
Thinks s/he gets paid by the post
vicente solano's Avatar
 
Join Date: May 2009
Posts: 1,116
Dont get me satarted on the number of useless things Ive bought just in the last 5 years
__________________

__________________
I get by with a little help from my friends....ta ta ta ta ta...
vicente solano is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-19-2010, 06:20 AM   #82
Thinks s/he gets paid by the post
vicente solano's Avatar
 
Join Date: May 2009
Posts: 1,116
Would any of you believe me if I told you that in that period Ive bougt an average of 4 high end cell phones per year?
8 of them Ive sold in the last month for a fourth of their price just to get rid of them.
I think Im about to be cured of this disease.
__________________

__________________
I get by with a little help from my friends....ta ta ta ta ta...
vicente solano is offline   Reply With Quote
Old 02-20-2010, 12:49 PM   #83
Dryer sheet wannabe
 
Join Date: Sep 2005
Posts: 14
1) Trusting a financial adviser cost us plenty. Every time we met, he suggested we sell something and purchase another. Even had the audacity to have us buy an annuity within a pension plan! Financial planners make out big with commissions on annuities.
Eventually became just smart enough to know we were being "had". Switched to Vanguard and moved over enough assets to qualify for "free" investment advice.
2) Second bad move: went into a business we knew nothing about with a family member. Cost us big time. Don't mix money and family...EVER
__________________
Jeff55 is offline   Reply With Quote
Old 02-20-2010, 01:51 PM   #84
Recycles dryer sheets
 
Join Date: Nov 2009
Posts: 67
Biggest waste: Listening to Merrill-Lynch when my IRA was with them. Something called 'Tri Polyta Indonesia'. 4% front end load, value dropped 99%.

Best Investment: William Bernstein's "Four Pillars of Investing"

I kept the Tri Polyta stock after I moved my IRA to Vanguard. It sits there to remind me to not do stupid stuff like listen to people who have their best interest at conflict with mine. Funny thing is, it's doing great! The company was restructured, and the price has went up 10X ! OK, it's only worth 10% of the original price, but hey, it's up!
__________________
stevenst is offline   Reply With Quote
Old 02-20-2010, 03:07 PM   #85
Thinks s/he gets paid by the post
Onward's Avatar
 
Join Date: Jul 2009
Posts: 1,665
Quote:
Originally Posted by stevenst View Post
The company was restructured, and the price has went up 10X
Congrats on your ten-bagger!
__________________
And if I claim to be a wise man, it surely means that I don't know.
Onward is offline   Reply With Quote
Old 02-20-2010, 06:07 PM   #86
Thinks s/he gets paid by the post
John Galt III's Avatar
 
Join Date: Oct 2008
Posts: 1,285
Paying Residential Rent in the 80's. Paying two thirds my income in rent, at a cheap place, watching real estate prices rise, not being able to afford to get in on the real estate ride, not enough money to deposit, etc. (although in the 2000's I could have gotten a liar loan and either made out like a bandit on the appreciation, or just dumped it on the taxpayers if it went bad )

Lifelong memory, from renting days : Landlady, who stayed home all day, and did nothing other than take care of her house, while I worked 5 days a week at a horrible job, and gave her two thirds of my pay, before taxes : " I'm sorry, but my water bill went up $30 a month and I have no choice but to increase your rent by $30 a month".

__________________
John Galt III is offline   Reply With Quote
Old 02-20-2010, 07:24 PM   #87
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
calmloki's Avatar
 
Join Date: Jan 2007
Location: Independence
Posts: 5,459
Quote:
Originally Posted by John Galt III View Post
....

Lifelong memory, from renting days : Landlady, who stayed home all day, and did nothing other than take care of her house, while I worked 5 days a week at a horrible job, and gave her two thirds of my pay, before taxes : " I'm sorry, but my water bill went up $30 a month and I have no choice but to increase your rent by $30 a month".

Ahh yer warming the cockles of me heart! Have sent out notices to tenants asking that they please break down boxes so the dumpster isn't overfull, resulting in a higher garbage bill as well as frustrating their neighbors who want to get rid of their garbage. But nooooo - I go over and find 3 big empty cartons and a couple - three garbage bags and the lid up in the air begging for an extra $22 charge. So up in the dumpster my 60YO azz gets and I tromp down the trash and broken glass and rotten veggies and ketchup. Guess I should just raise the rent. I have no choice...

In the waste of money area, a plate joiner that got little use ranks high, but biggest is an unsecured loan we made that is paying back only when we dun. Pain in the neck and bringing suit may be fruitless and just cost us more money. OTOH, being able to put this behind us and not deal with the "I'll send a check on the last Friday of the month - what it didn't arrive?" messages is worth something.
__________________

__________________
calmloki is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Countertop Compostable Waste Container haha Other topics 22 12-12-2009 06:35 PM
American food waste simple girl Other topics 24 06-24-2008 09:21 PM
Can You Waste Money? boont FIRE and Money 47 06-21-2006 06:31 PM
Don't waste your money rebalancing REWahoo FIRE and Money 48 07-08-2005 12:38 PM

 

 
All times are GMT -6. The time now is 04:22 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.