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4/29/16 - Student loans paid off six months before I planned on them being paid off. Basically every paycheck minus living expenses since last Oct went towards them. Lower end luxury car amount of money at close to 7% interest. Now I will have more disposable income than I can spend each... More
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  • 6/21 Possible Buys - Probably Nothing 0 comments
    Jun 17, 2013 12:46 PM

    I now have the good fortune to find out that my transmission is leaking fluid, the front seals need replacing (might as well replace the belts too) annnnd the rent's going to be due shortly annnnnd Woman thinks her brakes need working on. Happy birthday to me in a few days!

    So instead of doing several hours of research on what to purchase with this week's paycheck, I may end up selling some stuff off. I do not want to do this, but the purpose of starting this account was to act as an emergency fund and the looming possibility of a few thousand dollars in car repairs (or just replacing my car with something a bit newer) may end up qualifying as an emergency. My commute's 25 miles one way and hers is about sixty. These are the times in my life where I wish I was a trust fund baby.

    Anywho, I'll edit in updates throughout the week as I make decisions.

    so edit for today: sold off jgt, etv, etw, exg, and grh-c. Kept rso-b, arr-b and mpa. Ended up losing about $120. Could have been worse.

    Good news is with proceeds from today and what little money I've got saved up I can buy another vehicle with cash, finish paying off the credit card and get Woman's car a brake job if needed. Then I'll be back on track for the next payday to start back over investing.

    At least it won't be from zero this time.

    edit for 6/20:

    Traded in my clunker for a somewhat less clunky vehicle. Actually I think I came out okay - having cash and not worrying about the possibility of another car payment and not being desparate at a dealership was (read that I was quite willing to walk away and unlike last time had already decided the limit I was willing to spend) good for the soul. Have a thousand left over for potential car repairs and I will be able to pay off my credit card completely tomorrow. So that's good. Call it an inadvertent route to becoming a Dave Ramsey adherent.

    What else is good is that the general market appears to be starting to panic, so on my next paycheck when I resume building a portfolio hopefully my short list of what to buy will take much longer to compile. Hoping I can pick up better quality issues with better yields at a discount.

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