Living Your Life Like It's A Business

[monkeybutler]

This is one reason why I don't have a stomach for day trading. How many used guns have you bought that went down in value 40 percent in one morning?

HelloFresh shares dive 42% after meal kit giant warns on outlook

Analysts at UBS described HelloFresh's outlook for 2024 as "far worse" than anticipated.

www.cnbc.com

A lot of the crap you buy is going to drop in value very quickly. I would not give you squat for one of those 216 dollars complete uppers you seem to dig. In fact I might rather pay you one dollar more to destroy such a thing than have it take up space here.

 

[Andy54Hawken]

Lifestyle choices.
Just like many other decisions....

If you want the same results keep on doing as you have been doing...
If you want a different result do something different.
And this does not mean doing some sort of variation of the same thing that ain't working for you.
Andy

 

[arakboss]

You guys are probably right. If it ain't broke don't fix it. I am going to stick with low rent purchases and forget about depreciation.

This idea is busted.

Edit: Quantity over quality has worked for me thus far to grow the size of my collection. It opens up the selection a bunch when you don't have to worry about depreciation. The fancy firearms don't fit with the rest of my lifestyle anyways.

 

[wired]

I run my business like its a business. I run the rest of my life like its not work. Im sure there are plenty of people who can't compartmentalize . Good for them .

 

[joshkk]

View: https://youtube.com/shorts/DjvVN4Vp_r0?si=dhJjIE4Av0U-ZkHv

 

[arakboss]

I just completed a new budget using everydollar program. Even on the poorest income months I should have a $430 profit each month. That is after covering all monthly expenses and putting away money for annual expenses, etc. Most months should be more profitable unless I get laid off from one or both jobs.

After I get my safe space reorganized later this month, I will decide how to spend that profit and build up my net worth.

 

[monkeybutler]

I will decide how to spend that profit and build up my net worth.

If you spend your profit you won't be increasing your net worth, you will be pissing it away.

 

[arakboss]

If you spend your profit you won't be increasing your net worth, you will be pissing it away.

I would imagine that depends on what you spend it on.