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Buying and Selling on eBay: Tips, Tricks, Problems & Questions - Page 337

post #5041 of 15358

TMI

post #5042 of 15358
Quote:
Originally Posted by capnwes View Post

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She also does all the measuring.

And the money.

smile.gif
Quote:
Originally Posted by Snoogz View Post

Smart man...does she enjoy the process?

Not sure, but I do know she enjoys the roof over our heads.
post #5043 of 15358
It's a fantastic achievement, for sure, Wes, but my point is that with rates at <4% that 3k per month could be used to generate much greater than 4% returns, and thus would be a better use of extra cash than paying down your mortgage faster. A managed account with fidelity or vanguard could easily achieve 8% return.
post #5044 of 15358

The $3000 is just the extra from ebay. I invest my entire real job paycheck.

post #5045 of 15358
Quote:
Originally Posted by SeaJen View Post

It's a fantastic achievement, for sure, Wes, but my point is that with rates at <4% that 3k per month could be used to generate much greater than 4% returns, and thus would be a better use of extra cash than paying down your mortgage faster. A managed account with fidelity or vanguard could easily achieve 8% return.

 

Easily?

 

I agree with Mr. Seajen that pre-paying the mortgage at that rate is probably not the optimal use of funds, but a managed account is definitely not the investment advice I would give.  ETFs are the thrifty investment choice.

 

Also, I would imagine Wes would do well as a landlord, given his home fixing skills and insane work ethic.

post #5046 of 15358
Quote:
Originally Posted by SpooPoker View Post


She also does all the measuring.

And the money.

smile.gif
Not sure, but I do know she enjoys the roof over our heads.

I would love to have my wife involved in the eBay selling experience, but its so hard with both our day jobs being such a demanding career and our daughter to look after.  I hardly find hours to do the bare minimum.

 

Quote:
Originally Posted by concealed View Post
 

 

Easily?

 

I agree with Mr. Seajen that pre-paying the mortgage at that rate is probably not the optimal use of funds, but a managed account is definitely not the investment advice I would give.  ETFs are the thrifty investment choice.

 

Also, I would imagine Wes would do well as a landlord, given his home fixing skills and insane work ethic.

In Wes's defense, we don't know what his interest rate is on his house, given he could have purchased it during the 6-8% interest rate...in which I agree to pay off the house ASAP.  On top of that, he does invest already in other areas, why not invest in land by owning it outright.  Either way, all this talk about these achievements pushes me to get movin on what inventory I have sitting at home and get it up ASAP.

post #5047 of 15358
I wasn't suggesting it as advice, merely an example of investment returns that outstrip the cost of money. I thought about mentioning real estate too, but thought that would sound more like advice and since I don't know anything about the rental market in his region, it wouldn't be useful advice.

I would certainly hope that if Wes did have a 6% mortgage, he refi'd it, even if he does plan to pay it off in 4 years. Indeed, if that is the plan, why even have a 30yr mortgage at all?

I do want to say though, that the fact that this is even a discussion topic speaks to great achievement through hard work and dedication. What Spoo, Wes, Brian, and others here achieve is most certainly inspirational. Kudos, guys.
post #5048 of 15358
Quote:
Originally Posted by SeaJen View Post

I wasn't suggesting it as advise, merely an example of investment returns that outstrip the cost of money. I thought about mentioning real estate too, but thought that would sound more like advice and since I don't know anything about the rental market in his region, it wouldn't be useful advice.

I would certainly hope that if Wes did have a 6% mortgage, he refi'd it, even if he does plan to pay it off in 4 years. Indeed, if that is the plan, why even have a 30yr mortgage at all?

I do want to say though, that the fact that this is even a discussion topic speaks to great achievement through hard work and dedication. What Spoo, Wes, Brian, and others here achieve is most certainly inspirational. Kudos, guys.

We did refi....in January I think...maybe Feb. It was a bear to get it all put through and we had a lot of hurdles which were probably unnecessary. The big hold up was the bank we were taking our business away from. They put the breaks on everywhere they could. It took a nice letter to the BBB for them to finally start cooperating. We almost missed the lock on the rate after 2 extensions. Anyway, in the rush, we took the easiest option of 30 year term. 

 

I pay all of my bills off as fast as possible to avoid interest, I absolutely abhor interest of any percentage. It became a problem in our mortgage refi when I paid off two of my student loans and another two smaller credit card balances. You'd have thought I robbed a bank or something. I had to jump through hoops to show the money was my money and that I paid it myself. All the time they would not consider my ebay sales as income. Even after I explained several times that it was claimed on my taxes and it paid more than my real job.

 

Financial people suck!  :hide:

post #5049 of 15358
Well said Wes. It's a great feeling being debt free.
post #5050 of 15358

44 items packed in a night, new record

post #5051 of 15358
Quote:
Originally Posted by Brianpore View Post
 

44 items packed in a night, new record

You just get home?

post #5052 of 15358
Quote:
Originally Posted by SpooPoker View Post

75 on Tuesday, 40 today. icon_gu_b_slayer[1].gif

icon_gu_b_slayer[1].gif is right!

I've shipped 22 items in the past two days.
post #5053 of 15358
Hey

So, someone is asking about the length of my jacket being a tad shirt for a tagged Regular (30") and I agree. Then again this is a su misura line.

Anyway, i measured the boc and then measured to see if there is any extra length for him to lengthen. I did this by measuring 3 parts (l, m, r) of the back vent. There seems to be about 2". Is this the right way to measure?

Also, should I measure to see if there is any extra length on the front? How do I do this because when I felt for any extra material I couldn't find anything

Cheers
post #5054 of 15358
I just ate four Healthy Choice bars, packed one item, and invested zero dollars. icon_gu_b_slayer[1].gif
post #5055 of 15358
Quote:
Originally Posted by capnwes View Post
 
Quote:
Originally Posted by Brianpore View Post
 

44 items packed in a night, new record

You just get home?

YUP. CA->DC Redeye, then tiny plane to NJ. Arrive 10:30 work a full day, pack clothing in evening and start going through new boxes that arrived while I was gone.

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