Wow - 3 posts in a row!!! Laura will probably pass out from shock!
I was actually just finishing my last post and got reminded of something I saw earlier today about Warren Buffet. He basically said that NOW is the time to invest.
While many people are running scared and screaming SELL SELL SELL, he is screaming BUY BUY BUY!!!!!
Here is the article
I checked out my 401k, and it is down about 75% from the prices I was paying. That sounds horrible, but I decided that since I am not trying to retire this year, I should try to buy at the fire sale prices. As of today, I am investing 4x as much as I was earlier in the year.
If we do a little math, that means I am buying 4 times as much at 1/4 the price. I will actually be buying about 16 times as much stock as I was 12 months ago each time I invest. In my opinion, that is a really good thing.
For those of you still paying off debt, don't sweat it too much. Get that stuff knocked out and there will still be plenty of time to invest later.
Monday, October 20, 2008
Murphy Strikes Back!
OK, so apparently I have a couple posts in me today (or, should I say, this month). :)
Murphy #1: The day we left on vacation, I heard a strange noise coming from the side of the house. It was our A/C unit squealing like a stuck pig. :(
Cost to fix: $411
Murphy #2: My tires were already getting bald, but then I sprung a slow leak in one of them that still had a tiny bit of tread left on it. Needed to go ahead and get them replaced before bad weather hits in the coming months.
Cost for new tires: $500
Murphy #3: Driving home from Houston, the check engine light came on in Laura's van. I took it to Auto Zone so they could give me the code the computer is throwing. It needs a new catalytic converter. We haven't replaced it yet, as I am still getting quotes.
Approx. cost to repair: $600
So there you have it - $1500 worth of repairs to house and vehicles - RIGHT after spending about that much on a vacation. That is Murphy though and through.
The good news (were you wondering if there was any?): We have sinking funds set up for these items, plus because we paid off all of our debt, we have available cash for these types of things. All this really did was slow down BS3 for a month.
Being debt free rules in so many ways. Something that would have killed us 2 years ago is now no more than an inconvenience.
Come on and join us! You can throw a debt free party - we'll come and drink your (paid for with cash) alcohol with you in celebration! :)
Murphy #1: The day we left on vacation, I heard a strange noise coming from the side of the house. It was our A/C unit squealing like a stuck pig. :(
Cost to fix: $411
Murphy #2: My tires were already getting bald, but then I sprung a slow leak in one of them that still had a tiny bit of tread left on it. Needed to go ahead and get them replaced before bad weather hits in the coming months.
Cost for new tires: $500
Murphy #3: Driving home from Houston, the check engine light came on in Laura's van. I took it to Auto Zone so they could give me the code the computer is throwing. It needs a new catalytic converter. We haven't replaced it yet, as I am still getting quotes.
Approx. cost to repair: $600
So there you have it - $1500 worth of repairs to house and vehicles - RIGHT after spending about that much on a vacation. That is Murphy though and through.
The good news (were you wondering if there was any?): We have sinking funds set up for these items, plus because we paid off all of our debt, we have available cash for these types of things. All this really did was slow down BS3 for a month.
Being debt free rules in so many ways. Something that would have killed us 2 years ago is now no more than an inconvenience.
Come on and join us! You can throw a debt free party - we'll come and drink your (paid for with cash) alcohol with you in celebration! :)
Really Livin' Like No One Else
So we decided to try taking the whole 'livin' like no one else' thing to a new area.
Can you say VACATION? I knew you could.
This vacation was taken differently than the 'normal' way. We paid CASH up front for the trip, plus we only spent CASH on the trip.
This is one vacation that will not follow us home. We do not have to worry about more (or worse yet, new) bills coming in and then trying to find a way to pay them.
Vacations are awesome, and this one was no different. No stress, no worries, nothing but eat, sleep, drink and be merry (not necessarily in that order).
Just for those who do not know, we took a 5 day Carnival cruise to Mexico.
It rocked.
Y'all should really get to the point where you can take these types of vacations. It's feels far better than the 'normal' way. Just get past BS2 and you are home free!!!
Can you say VACATION? I knew you could.
This vacation was taken differently than the 'normal' way. We paid CASH up front for the trip, plus we only spent CASH on the trip.
This is one vacation that will not follow us home. We do not have to worry about more (or worse yet, new) bills coming in and then trying to find a way to pay them.
Vacations are awesome, and this one was no different. No stress, no worries, nothing but eat, sleep, drink and be merry (not necessarily in that order).
Just for those who do not know, we took a 5 day Carnival cruise to Mexico.
It rocked.
Y'all should really get to the point where you can take these types of vacations. It's feels far better than the 'normal' way. Just get past BS2 and you are home free!!!
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