Your Money or Your Life - Vicki Robin & Joe Dominguez
One Up On Wall Street - Peter Lynch
The Millionaire Next Door series of books - Thomas Stanley
Each one was an eye opener for me.
Years ago, I noticed beer cans on my lawn.
Some tossed among my neighbor's lawns also.
I picked them up and throw them into my return empty bin.
After weeks of finding them, I was getting aggravated.
I returned my bottles & cans and the beer cans for the deposit.
My next errand was my bank...... Idea!!!
Use the empty's to prepay my mortgage at my bank. Beer can equity ! For months, I payed down my principal with beer can donations.
Sorry to say, the lawn donations stopped.
But, I continued to prepay with empty's till the mortgage was paid.
I want to Thank that guy some day.
When I was 9 years old, A friend was given a mutual fund by his father.
He was allowed to spend his dividend check as he pleased.
We went to the candy store with the $4 dividend. Again, next quarter. :)
Third quarter, He told me "No more money".
He was letting the money grow in the fund. No more candy. :(
Followed Wall Street after that. 11 years later, I started.
I wanted my own checks in the mail.
Comments
Your Money or Your Life - Vicki Robin & Joe Dominguez One Up On Wall Street - Peter Lynch The Millionaire Next Door series of books - Thomas Stanley Each one was an eye opener for me.
Post: What’s the best financial book you’ve ever read?
Link to comment from July 29, 2022
Years ago, I noticed beer cans on my lawn. Some tossed among my neighbor's lawns also. I picked them up and throw them into my return empty bin. After weeks of finding them, I was getting aggravated. I returned my bottles & cans and the beer cans for the deposit. My next errand was my bank...... Idea!!! Use the empty's to prepay my mortgage at my bank. Beer can equity ! For months, I payed down my principal with beer can donations. Sorry to say, the lawn donations stopped. But, I continued to prepay with empty's till the mortgage was paid. I want to Thank that guy some day.
Post: Should you prepay a mortgage?
Link to comment from April 26, 2022
When I was 9 years old, A friend was given a mutual fund by his father. He was allowed to spend his dividend check as he pleased. We went to the candy store with the $4 dividend. Again, next quarter. :) Third quarter, He told me "No more money". He was letting the money grow in the fund. No more candy. :( Followed Wall Street after that. 11 years later, I started. I wanted my own checks in the mail.
Post: How did you get started as an investor?
Link to comment from April 21, 2021