Business has no emotion

I took my silver and gold in to the dealer to liquidate it today. An odd thing happened. I was really kind of sad to sell them, even more so than selling the car I have yet to do. How can I get attached to some shiny little coins? I did eventually train myself to look at most things as business when I purchase them, in reference to initial price, expected profit, max loss potential, etc.

The point is this, if it is a deal to make you money, it is just that. No emotion, no like or dislike, just the question of 'Can it make me money?' If the answer is yes then buy the deal and get it done.

New changes, good and bad.

I tend to have a hard time figuring out the value of my silver and gold coins on the fly, so I decided to add these kitco charts to my sidebar. It is an up to the minute value, whereas I originally thought it was from the close of the last trading day. This does come at an odd time as I am liquidating my coins for my newest goal of returning everything to cash to ensure my current step and totals are current.

I am also currently liquidating the car a little earlier than I had anticipated. Whether this will bring me the same or less money is yet to be seen. I had an exorbitant $1000 emergency vet bill for my dog this week. Surprise!

Logic tells me to get rid of the dog, but there are times when even I have emotional attachments. I purchased her and by doing so I implied a promise to take care of her. Plus I like her, which is surprising since I typically do NOT like animals. I bought her for my fiancee originally, but I took a severe liking to the little runt. What do you do, huh? She is now fine, and as happy as ever.

Increase your stake with savings...

I know I have gone way off the original rules of the original doubling plan, so I thought of a little bit more wacky ways to go off the plan.

From now on, whenever I save money on something, the savings goes towards the stake. So if I go shopping and find an item I NORMALLY BUY and normally pay $5 for $2.50, then $2.50 goes towards the stake. Remember, it has to be something I was going to buy anyway.

Frugal Frugal Frugal!

To be politically incorrect, my friends say I am the most Jewish person they know. That means they think I am cheap. Cheap? Since when is it bad to only replace something if it is broken and then try and find the best deal? I wear the badge of 'jewishness' as a medal of honor. Although I'm not Jewish, I am of Greek descent, and let me tell you, most of the Greeks I know put the Jewish sterotype to shame. By the way, the correct term is frugal.

After looking around on the net, I discovered I have no idea what frugal is compared to some people. One of the ways I spend my limited free time is to look and see what I'm not doing that other people are in the ways of frugal. Is it possible to be frugal and still live well? To use that cash to build a million dollar income? I say YES, most definitely.

Oh money, how I save thee, let me count the ways... Onward to frugalness!!!

Losing an income source

It happens to us all at some point. I am becoming accustomed to losing jobs, it seems to be the trend nowadays, but sadly I have lost one of my major income flows in the game. I had a vending machine at one of my locations that made an enormous amount of money for the time involved. So much so that the owner of the business that hosted the machine decided he wanted it all for himself. I have lost that portion of the location. I am thinking about liquidating the rest of the location and moving that money to the account as part of my liquidation plan. I really should as I finally got a new job and it looks as though it will interfere with the time slots I had to go and deal with that location anyway.

I will let you know how that goes.

A trip back to liquidity - and reality.

After working at this game off and on for almost two and a half years, I have discovered I have strayed from my original plan. At this point, I should have $3800 or so dollars in cash. I do not. I do have a few assets such as some gold and silver, a car, and a few vending machines. But they are not cumulatively worth $3800. I believe if I could liquidate them all I may come up with is around $2200. Where did the other $1600 go? Loans. I had to loan myself some cash to get through a major tough time. And it is still not over... Gotta love the economy, huh?

The good news is this project has taught me how to be frugal and take practically make money from nothing in small amounts. So what to do, what to do? While I make my way through this time, I will freeze my step at 20. I am going to liquidate my assets to pull myself from this mess and begin again on this awesome journey.

Hang tight and I will blog my personal BAILOUT and recovery since it seems the hip thing to do.

In this continuation of the journey I plan on attempting to tackle some of those money making ventures I have drafted out. I want to blog my frugal methods and attempt to calculate the savings towards the stake. All in all I expect to see this grow at a speed much faster than before.
Til next!

Quick Deal for 70%

I found a great deal in a local used DVD/game shop. My girlfriend found a TV series on DVD for $17. We bought it and placed it on half.com. After about a week, it sold for $38. Not a bad deal for relatively no effort. After commissions it was about a $14 profit.