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02-24-2018, 11:02 PM
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#41
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 17,087
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Quote:
Originally Posted by NW-Bound
Do you still hang on to them after they turn holey?
I believe in rotating my socks. Out with the worn out ones, in with the new.
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I rotate my socks when they are holey, I turn them over so the hole is on the top and get twice the dividend of owning socks.
Plus I have diversified and own both white and black socks so I'm ready for formal or informal actions.
__________________
Fortune favors the prepared mind. ... Louis Pasteur
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02-25-2018, 06:00 AM
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#42
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,071
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I do sell off my boxer briefs portfolio when they become holey. Mom always said to wear good underwear as you never know when you might be in a wreck and have to go to the hospital. Actually it's just a direct write off an no one will buy them.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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02-25-2018, 06:06 AM
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#43
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Quote:
Originally Posted by Sunset
I rotate my socks when they are holey, I turn them over so the hole is on the top and get twice the dividend of owning socks.
Plus I have diversified and own both white and black socks so I'm ready for formal or informal actions.
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People here know I try to squeeze more "dividends" out of my stocks by writing covered calls. But when it comes to holey socks, rotating them did not work for me because mine are not tube socks. The holey heels get bunched up when rotated. I discard holey socks, and I sell loser stocks.
Yes, I have a diversified sock portfolio, the same as having both dividend and growth stocks. It's good to have variety. Life would be boring otherwise.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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02-25-2018, 06:14 AM
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#44
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,297
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Mostly don't wear socks in Florida. lol
__________________
TGIM
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02-25-2018, 06:17 AM
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#45
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Full time employment: Posting here.
Join Date: May 2015
Location: Atlanta suburbs
Posts: 633
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Hilarious thread !!!
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02-25-2018, 06:22 AM
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#46
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gone traveling
Join Date: Mar 2015
Posts: 3,508
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Quote:
Originally Posted by NW-Bound
Do you still hang on to them after they turn holey?
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I can't remember the last sock I had that got a hole in it.
I tend to discard socks that aren't soft/comfortable enough any more. Perhaps they don't have time to develop holes?
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02-25-2018, 06:25 AM
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#47
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gone traveling
Join Date: Mar 2015
Posts: 3,508
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Quote:
Originally Posted by Dawg52
Mom always said to wear good underwear as you never know when you might be in a wreck and half to go to the hospital.
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My Mom said that too. It always worried me.
But eventually I learned that they will still take you to the hospital - even if you aren't wearing good underwear! Who knew?
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02-25-2018, 06:25 AM
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#48
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Thinks s/he gets paid by the post
Join Date: Oct 2014
Posts: 1,543
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I have a LBYM friends who is worth aprox 15 mil. He would always brown bag it. Always drive cars 10 years, etc... With socks he would buy the 12 pack from walmart and wear them exactly once. He absolutely hated the missing sock issue while doing laundry so he literally treated socks as a disposable resource. He figured 50 cents a day was not a bad habit. Full disclosure: he only did that with athletic socks. Not dress socks.
__________________
-Big Dawg-FI since 9/2010. Failed ER in 2015. 2/15/2023=DONE! "Blow that dough"-Robbie
" People say I'm lazy, dreaming my life away Well, they give me all kinds of advice designed to enlighten me When I tell them that I'm doing fine watching shadows on the wall "Don't you miss the big time, boy. You're no longer on the ball" -John Lennon-
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02-25-2018, 06:49 AM
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#49
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Recycles dryer sheets
Join Date: Apr 2012
Location: Long Island
Posts: 141
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I used to wear full length socks. Due to the latest downturn, I am now wearing ankle socks.
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02-25-2018, 06:51 AM
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#50
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Location: Upstate
Posts: 2,950
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I have some socks that I bought many, many years ago. Other socks I've bought, worn only a few times, and then gotten rid of.
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02-25-2018, 06:57 AM
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#51
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,704
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When I moved to Florida I didn't sleep well at night with all the socks. Ever since I reduced the socks I own, I sleep much better.
Besides, with socks we have a bad sequence of runs risk. If a thread gets pulled early on, the whole sock can unravel and we would be left with bare feet.
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02-25-2018, 07:01 AM
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#52
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,514
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I have got a good laugh from this thread. LOL
When I was growing up I remember that people actually fixed holes in socks. There was a tool that had a round end on it to use to sew up the sock.
It was living frugal in hard times.
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02-25-2018, 07:01 AM
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#53
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,718
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Quote:
Originally Posted by MichaelB
When I moved to Florida I didn't sleep well at night with all the socks. Ever since I reduced the socks I own, I sleep much better.
Besides, with socks we have a bad sequence of runs risk. If a thread gets pulled early on, the whole sock can unravel and we would be left with bare feet.
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No problem as we do not wear socks (and for the ladies Hose) in Florida.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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02-25-2018, 07:42 AM
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#54
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,298
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Against my better judgement, I decided to short socks, time to take more risk. I’ll be dumping all my long socks in a few months.
Great thread BTW!
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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02-25-2018, 08:01 AM
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#55
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Recycles dryer sheets
Join Date: Aug 2017
Posts: 70
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snickered over this thread last night and earlier this a.m. Where we live, socks get burned in a bonfire 'bout this time of year....
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02-25-2018, 08:03 AM
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#56
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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Quote:
Originally Posted by cynicalbuthopeful
Where we live, socks get burned in a bonfire 'bout this time of year....
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Some are afraid that custom is about to spread all over. That's probably why people are saying we need to get out of socks before we get burned.
__________________
Numbers is hard
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02-25-2018, 08:05 AM
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#57
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
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Quote:
Originally Posted by joeea
My Mom said that too. It always worried me.
But eventually I learned that they will still take you to the hospital - even if you aren't wearing good underwear! Who knew?
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I went to.the hospital wearing the wrong socks. They treated me but I explained I must be really sick for wearing those socks. The doc who was telling me I was having a transient global amnesia attack just smiled as I confirmed his diagnosis
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02-25-2018, 08:21 AM
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#58
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,677
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When I wear shorts, I short my socks. And when I go long, I go long on socks too.
I am currently short on socks and hold few of them. I do always double up on any purchase...
__________________
For the fun of it...Keith
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02-25-2018, 08:31 AM
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#59
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Thinks s/he gets paid by the post
Join Date: Jan 2007
Posts: 1,242
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Hot tip: Smartwool socks.
LBYM: Costco knock-off of Smartwool
Hijack: If you have dry, rough or cracked feet you gotta try Kerasal. It also softens callouses.
__________________
Kindest regards.
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02-25-2018, 08:42 AM
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#60
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Posts: 12,654
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Oh, they do too have sox in Florida. I used to be married to a Floridian, so I know.
Quote:
Originally Posted by Dtail
Mostly don't wear socks in Florida. lol
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__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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