Monday, August 3, 2009
Got too busy with work! No excuses.
I didn't get to cash in my money orders so I am stuck with them till tomorrow. Contacted some of the sellers but only one returned my call with positive feed back. I arranged meeting with him for next week (at his earliest convenience) so if another opportunity presents itself I'll keep you informed.
Early in the morning
Woke up a little earlier than usual and started looking at things to invest in for a quck turn around. Figured I would try to turn a profit on some used motorcycles. Why Motorcycles? The increasing price of gas is first and foremost but I took into account that a cheap quick ride is an important must for getting to work for the average working man or woman. I found two motorcycles, (1) 86' @ $500.00 obo and (1) 88' @ $800.00 on the local market. I won't give the Models and specifics for various reasons until I purchase one of the bikes. Remember I have set the budget at $1000.00 and plan to double that money in 45 days. So if I don't plan it right I could really screw myself and have to fork up more money than I have investedor on hand. I have to take into account the price of title, clean up, maybe a tune-up, maintenance, transport fee (if necessary), and insurance. I know a little something about motorcycles because I ride one but I know nothing mechanical about motorcycles. So I looked at Kelley Blue Book for motorcycle values on these types of motorcycles and found some interesting things, which of course I'll post after I purchase a bike. Post a point of view on my plan or your input. Talk to you soon.
Sunday, August 2, 2009
Going to get cash
I am going to the PX or post exchange (for some of you who don't know what this is, it's the military equivalent to Wal-Mart) tomorrow and cash in a few money orders that I utilize to have funds on hand. I should have the $1000 tomorrow. I'll see if I can post a picture of the money orders or the cash I can pool tomorrow. I also started the 45 day clock today at approximately 1900 hours or 7PM 2 Aug 2009 and will end 16 Sept 2009. I will update this blog as situations or opportunities arise that change my financial standings +/-. I will record and update all data as accurately as possible and input personal items in a seperate paragraph.
Let's be clear about this, this whole venture is about personal monetary empowerment as well as sharing the experience(s) bad and good on that journey. I am sure I'll make mistakes, but remember it's the end goal we focus on not the bumps in the road. So please join me as we begin this hopefully exciting journey.
Let's be clear about this, this whole venture is about personal monetary empowerment as well as sharing the experience(s) bad and good on that journey. I am sure I'll make mistakes, but remember it's the end goal we focus on not the bumps in the road. So please join me as we begin this hopefully exciting journey.
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