Saturday, March 9, 2013

The season is near!

March has arrived and it's time for Spring cleaning and as I noted in the last post, I've been thinking about eBay selling again. Unfortunately I don't have any inventory. The only thing I have posted is an almost complete set of some romance novels that my girlfriend inherited that no one seems to be interested in. I'm thinking about raiding my parent's house to find things to perhaps sell. Also, since it IS Spring, 'tis the season for garage sales.. so we'll see if I can wake my happy ass up that early to go rummaging through them.

My girlfriend told me she has lots of stuff that she can sell at her parent's house as well.. too bad she's very reluctant on letting go of anything. I bought her a new phone to replace an iPhone with shattered screen yet she's still reluctant to get rid of it. That and her parents live two hours away.

I've also been using Amazon's Mechanical Turk, not bad.. made about $20 in a few hours worth of work.. kind of annoying sorting through all the low paying, reserved, and uninteresting jobs though. I've also signed up for eLance and oDesk but those sites are impacted with overseas workers so I don't know how well that's going to work out.

That's the way the market crumbles, I guess.

Thursday, March 7, 2013

Update since I last posted in 2010:

I finally found a job. It was entry-level and I'm still stuck in it three years later. However it pays.. somewhat decently for the amount of work I do, provides health care, AND a retirement fund. Though this new employment I've been able to save in a 403b, Tax Deferred Account, AND a ROTH IRA.

That being said.. I think the theme of this blog is going to change a little bit. Instead of $100 plus interest, I guess it'll just be about investing and making extra money on the side which is something I've really been interested in.

I've been looking for online/weekend side jobs to supplement my income as I have a new interest in option trading. Haven't gotten to do any of it yet since I'm too scared to utilize my retirement funds (currently a buy-and-hold strategy) but I've dabbled a bit using investopedia.com's simulator. I've been looking at becoming a notary which, from my understanding, would provide a good amount of supplemental income even as part-time/weekend work. Another possibility I've ruminated on was house flipping/real estate as my girlfriend and I have been watching a lot of Home and Garden network, I still haven't decided if its an actual goal or if the network has been planting seeds in my head, in either case.. well played HnG, well played.

Also, I've been thinking about getting back into eBay trading. I did it a long time ago back in high school and made a few hundred from that but I'm out of things to sell.. at least things worthwhile. All I have now is a complete book set and a broken TV set.

Well, here's to the hustle~

Monday, October 11, 2010

Garage Sales!

So, apparently I can't just go out at any time and find garage sales. I drove around for awhile and didn't find any. I saw signs for garage sales that happened LAST week, but nothing this weekend. :(

Hopefully I'll have better luck this weekend.

Stay tuned!

Saturday, October 2, 2010

Update!

Just so you guys don't I've forgotten about this blog or anything I'm here to give a little update:

1. Got my paycheck but didn't make it out to the bank, so I'll have to deposit my check on Monday
2. I have received the following ideas to spend my $100 on
  •  Purchase electronics for cheap via craigslist/ebay, and resell for more via craigslist/ebay (My only issue with this is if I get scammed
  • Purchase items from a charity store and resell
  • Purchase items from garage sales and resell
  • Purchase penny stocks
  • Purchase moon rocks to resell on ebay
3. I'll give it until Friday before I do something. Most likely I will be taking a visit to a few garage sales (might luck out and meet a girl too) but it's sort of the end of garage sale weather.

 Thanks!

Thursday, September 30, 2010

Payday is Friday - Looking for "Investment" Ideas

I get paid this Friday. I'm now looking for ideas on what to invest on/in.

I talked to my friend who actually is interested in finances and majored in international finance, and he thinks that $100 is not enough to start investing in the stock market. Looks like I'll have to start with some transaction investments. I know a few people who made quite a bit of money from buying electronics and reselling them on ebay. Maybe I'll try that.

Wednesday, September 29, 2010

Plus Interest - The Backstory

I am 23 years old living in the Bay Area. I graduated in 2009 with a degree in Health Services Administration. Up until now, I still have not been able to find a job within my chosen field and am now working as a martial arts instructor.

Although the job is fun, it barely pays the bills (or student loans for that matter) and I came up with this idea. Using $100, I want to see how much I can make, be it through interest (high yield), dividends, or physical transactions. I will not just put it into a savings account and wait for it to gather interest. I wish to utilize physical transactions (buy low-sell high via ebay for example), invest in the stock market, and things of that sort.

I have no prior experience or knowledge with any financial subjects, other than having a savings and checking account, so here's the twist, if I ever get any readers on this blog, they will be the ones to choose how I invest my money. If they want me to buy magic the gathering cards to resell, I will do that. If they want me to buy a refurbished laptop, I will do that. I will not, however, invest in something that will obviously fail, like pork bellies, nor will I do anything illegal.

This blog is just to document my successes and failures (most likely), and if I should lose my $100, I will save up and try again.

Now to save that $100...