Thursday, August 11, 2011
8-11-11
I increased my meager amount by a pitiful sum… I went from 20005.86 to 20,020.48! I put in part of the money from a shopping trip saved buying bulk and store brands BUT unlike what the store wanted I didn’t spend it on something else I really did save it. If I got $0.86 in a month then the $14.62 is the equivalent of 17 months of letting the money just sit. This other account says it has earned about six dollars already this month but that isn’t the point. The point is cutting expenses made as much difference as sitting passively for almost a year and a half.
The market was up today. Does that mean it will be down tomorrow? If it has been like this week it will be both up and down. I am seriously considering putting some money in something paying a high dividend. It isn’t day trading and the market is pretty volatile. I don’t know if I should. I can’t risk the nest egg but the savings rate STINKS thanks to our beloved government officials.
There are two little ones crying in the room right now and it makes me think I should have spent more and bought candy to bribe them with. Perhaps not. It isn’t good for them anyway and they probably prefer the attention to candy so I better just get off the computer.
Oh well, still moving incrementally in the right direction: $20,020.48
Tuesday, August 9, 2011
Six am
Six am
The chimes seemed to come from nowhere. Six bells. There isn’t a bell tower nearby or even a church looking building. Zeb sat up and looked around to see where sound came from and went so far as to mumble to himself asking “where in the world?” As if to answer his question a rather round man in a tightly stretched blue uniform pulled up to the courthouse in a little dented yellow datsun. He got out and stood up then stared in direction of the park. He seemed to notice Zeb looking back for a moment then looked off to the left and put his hand above his eyes as though he was looking into the distance at something important. He then turned and strode to the patrol car he had parked behind head high and chest out. The strain on the buttons was noticeable even from twenty or so yards away. He got in the patrol car and then with lights but no sirens turned the car around towards the park. He didn’t stop at the curb however but instead drove right up on the grass so the patrol car was next to the bench Zeb was sitting on.
“good morning officer!” Zeb said in a preemptive strike, “I was just hoping to see a civil servant fulfilling his duty so that I could ask- where is the bell tower those chimes came from? It certainly must be a lovely church building to have bells like that.”
The officer took off his hat and exited the car, standing in the open door clearly puzzled.
“Should I have said Sherrif? I probably should have. Where is the church with those bells?”
The officer’s face brightened and cleared. He knew about this. “Church? Oh it used to be two blocks up pine way. Fine structure it was and one of the biggest in the county… Church goer are you?”
“well yes sir as often as I can. What happened to your church? Was it fire?”
“Fire? No it was Arson! Everyone in town knows it was. They just won’t let a man do his duty I tell you. It was that wild child and his friends, I just feel it in my bones. Fire department said something about faulty wiring. I tell you the founders of our fine city built better than that. It had to be Arson!”
“A shame for sure to lose a fine building like that. I am certain you will have the culprit right away inspector.”
A clear smile now forming the officer turned off the patrol car and came and sat next to Zeb. “well a God fearing respecter of fine buildings like you will surely understand the difficulty involved. I can’t poke my nose in too far without upsetting people. I have had to work every Sunday since for the last two years just to keep things together. Very difficult job. I practically run the town for the mayor you know. But I can’t let up! Duty and all!.”
“And a fine town it is, a fine town.”
“you know friend, I was worried you were another bum passing through town but I guess you are just another early riser like me. You have to be on the lookout though. It can be dangerous here as well.”
Suddenly the officer was on his feet again. A scowl on his face. “Trouble, I better go!” he walked around the hood and climbed back in his patrol car, then nodded and backed all the way to where the car had been parked before. A tiny white haired lady with a scarf over her head glanced toward the car and hurried up the steps to the door and raced in just as he did. He followed close behind. Low speed chase drama all for his enjoyment.
…
The street was still rather empty but the smell of breakfast was in the air. Zeb had noticed Pete go past with an empty news paper sack on his shoulder and was ready for eggs again, hopefully without spit this time. Out of nowhere a voice called to him. “you know he was just upset that you took his morning sitting spot. If you had been under the tree he wouldn’t have said anything. Guess Caroline Frye has saved you too now huh?” “who is that?” Zeb asked. “Caroline Frye. The little old lady whose back porch I sleep on. She thinks I am a military vet.” “Why would she think that?” “Didn’t you notice? First one not to. Cuz of my leg. I came into town about a year ago on the bus just like you but sat down with my crutches next to me on the bench at the depot and she walked up and asked me where I was when I lost my leg. I guess I was feeling bitter cuz I just told her I didn’t want to talk about it. She said her Johny never wanted to talk about the war either and kind of took me under her wing.”
“What did happen to your leg?”
“Honestly I don’t know. I went with some friends partying on a buddy’s graduation night. Had some good hash and plenty to drink. His house wasn’t far from the tracks so I just figured that we went walking on the tracks. Long story short I woke up in the hospital to people telling me I am lucky to be alive and asking what I might know about my buddy’s whereabouts. When fingers started to be pointed I knew it was time to leave so I came here.”
“And Mrs Frye has been looking after you ever since?”
“Angel woman. That is what I call her. Every day she goes to push for a medical marijuana joint in town here just to take care of me. Stick around and I am sure she will give you breakfast too. “
“Thanks, I sounds like someone I would like to meet.” I will do that.
Labels: Zeb Pete
Sunday, August 7, 2011
Sleepy Sunday
Sometimes it works out very well to have something to write about and plan just what I want to say. Other times I really need a nap and even if I plan and figure and write out notes I still end up writing gunk and leaving a dissatisfied feeling in my gut. Other times I feel struck with inspiration and don't even notice the time go by as I type.
Today I could probably write poetry or report life happening but I don't think it would be relevant.
It looks like I have one reader. My wife who encouraged me to do this in the first place... I am not sure that even counts. Well, I guess it is Sunday anyway so I guess I won't worry about it for now. I don't want to work on the sabbath and not keep it holy. I hope everyone out there has a good Sunday and gets to speak with at least one person about the Lord.
Today I could probably write poetry or report life happening but I don't think it would be relevant.
It looks like I have one reader. My wife who encouraged me to do this in the first place... I am not sure that even counts. Well, I guess it is Sunday anyway so I guess I won't worry about it for now. I don't want to work on the sabbath and not keep it holy. I hope everyone out there has a good Sunday and gets to speak with at least one person about the Lord.
Saturday, August 6, 2011
Grandpa Joe
Much too early to be awake... much too bright and much too hard to be asleep. That is the trouble with sleeping outside. It isn't even really that bright, it looks like the sun hasn't quite got over the edge of the buildings across the park.
It had been years since Zeb last slept out doors in town, and even longer since he had done it without a tent or sleeping bag. Thank goodness for park benches or he would have been on the ground as well. Many things to remind him of Grandpa Joe.
Zeb didn't know if he was even really related but as long as he could remember Grandpa Joe was there. He came over for supper every Thursday and always had a story or trick to show the kids while they ate. Zeb remembered very well when Joe stood up and said he would say the alphabet backwards and that he needed absolute silence because of the difficulty of the task. They had all sat wide eyed watching when suddenly he turned his back to the table and started reciting. Even at seven years old Zeb knew that wasn't backwards, and he missed the letter L and the letter V. Joe didn't have much but he shared everything he had.
One day after dinner Joe volunteered to wash the dishes as he had so many times, every time his knees would let him, and called Zeb to wash with him. "Zeb my boy, I can give you the world if you will come help me!" reluctantly he came and when they were nearly finished he explained. "Zeb, here is a secret. No one wants to wash the dishes. If you are willing to wash the dishes you will never go hungry! I can teach you to always have a place to sleep as well, then you will have the world and you will never want."
After begging his mother for two weeks Zeb had gone with Joe to the park and found places to sleep and wash and so much of life to observe. That had been a long night full of fascination as a child.
Last night could have been the same night and Zeb almost noticed Joe there with him. The night birds sang, there was the same quarter moon and Orion in the sky. The wind was in the trees and the bench was just as hard. Now as the sun started to rise Zeb offered a silent prayer, same as he had at a funeral a little more than a year ago.- Thank you God for Grandpa Joe. He had nothin and game me the world. Bless his heart. Amen.
It had been years since Zeb last slept out doors in town, and even longer since he had done it without a tent or sleeping bag. Thank goodness for park benches or he would have been on the ground as well. Many things to remind him of Grandpa Joe.
Zeb didn't know if he was even really related but as long as he could remember Grandpa Joe was there. He came over for supper every Thursday and always had a story or trick to show the kids while they ate. Zeb remembered very well when Joe stood up and said he would say the alphabet backwards and that he needed absolute silence because of the difficulty of the task. They had all sat wide eyed watching when suddenly he turned his back to the table and started reciting. Even at seven years old Zeb knew that wasn't backwards, and he missed the letter L and the letter V. Joe didn't have much but he shared everything he had.
One day after dinner Joe volunteered to wash the dishes as he had so many times, every time his knees would let him, and called Zeb to wash with him. "Zeb my boy, I can give you the world if you will come help me!" reluctantly he came and when they were nearly finished he explained. "Zeb, here is a secret. No one wants to wash the dishes. If you are willing to wash the dishes you will never go hungry! I can teach you to always have a place to sleep as well, then you will have the world and you will never want."
After begging his mother for two weeks Zeb had gone with Joe to the park and found places to sleep and wash and so much of life to observe. That had been a long night full of fascination as a child.
Last night could have been the same night and Zeb almost noticed Joe there with him. The night birds sang, there was the same quarter moon and Orion in the sky. The wind was in the trees and the bench was just as hard. Now as the sun started to rise Zeb offered a silent prayer, same as he had at a funeral a little more than a year ago.- Thank you God for Grandpa Joe. He had nothin and game me the world. Bless his heart. Amen.
Labels: Zeb Pete
continuing
Beating the bushes for a job can be a bummer. I finally found one and it pays less than a third of what my last job paid. I guess that is OK. I am in school after all, again. I have a feeling that I will be doing some kind of studying for the rest of my life. there is something satisfying about seeking a degree. It is an accomplishment that everyone can recognize and that you have something to show for when you are done. It is nice to be able to earn more money as well. I am seeking a master's degree in business administration. It was hard leaving my job as an environmental engineer but I- or I should say WE- did it and life is still going forward.
There were five jobs posted as being on campus and two off, beside the comission sales stuff and Burger King... I got offered one on campus and one off and I was going to take both... they are both part time. Turns out I can only do one because of the on campus 20 hour rule... this one off campus is sponsered by the school and so falls under the same rules.
I can still do yard work when it is available... but for now it may be hard to find extra cash to add to my 20005.86. The market is going down... I didnt even look yesterday for the falls that happened earlier in the week. sigh.
and one more thing, if I want to keep that 20K I need to find another way to pay for France. Guess I better keep working on that.
There were five jobs posted as being on campus and two off, beside the comission sales stuff and Burger King... I got offered one on campus and one off and I was going to take both... they are both part time. Turns out I can only do one because of the on campus 20 hour rule... this one off campus is sponsered by the school and so falls under the same rules.
I can still do yard work when it is available... but for now it may be hard to find extra cash to add to my 20005.86. The market is going down... I didnt even look yesterday for the falls that happened earlier in the week. sigh.
and one more thing, if I want to keep that 20K I need to find another way to pay for France. Guess I better keep working on that.
Labels: journey to 1 Million
Tuesday, August 2, 2011
Portfolio ideas
Portfolio ideas
FCX 51.44 - Copper and Gold Miner worldwide. Good stability
F 11.85 -American automaker used to be Big 3 bailed out once…
WMT 51.68 - world’s largest retailer Div yield 5.89%
T 29.18 –phone company Yield 5.89%
STD 9.49 not US- Biggest bank in Spain Div yield 9.05% may have avoided Greece troubles
SO 39.47 power company yield 4.79% (80% payout ratio)
PKO 27.47 not US-high and frequent div, yield 8.3%
MMM 85.27 inventors of the ROI approach low debt ratio Div yield 2.58%
LLY 37.16 Drug developer- the legal kind. We have an aging population Div yield 5.27%
KR 24.01 Food, Fry’s Smiths, Kroger etc. I see food prices headed up worldwide Div yield 1.75%
AEP 37.12 Public Utility holding company div yield 4.96%
OK so they are not day trading type stocks for the most part. They are mostly dividend stocks and you have to hold for at least the month before to get the dividend. I think they are all worth looking at and they are companies I am familiar with.
I think I had some vindication today with our wonderful president and illustrious congress passing cuts half as big as necessary to even match a budget freeze and increasing the debt limit at the same time. It may be that the market is back up tomorrow but with the jobs report coming Friday and no one hiring that I can see I don’t think it would be good to get back in the market still, BUT I am looking at it. That may be why they have kept interest rates so low, just so they can force people’s savings into stocks. Too many things are just wrong with the fundamentals… they should have let the government funding lapse and let people realize that they are not that important to us…
OK so that is enough of my rant for the day. I expect to do another extra job tomorrow. I am hoping anyway. For now we are still at 20005.86.
Labels: journey to 1 Million
Monday, August 1, 2011
Small town Cafe
Small town Café
Kelly’s place, it would have to do. Small and quiet, could use some paint but not too bad. Almost straight out of the 60’s including the little flower box in the window and hand painted sign for Coca-cola.
Zeb wished he had stormed out wearing something other than these old worn boots. A present from an uncle on his eighteenth birthday they had seen better days. But she had wanted to go country dancing and you can’t very well boot scoot in tennis shoes. That would be nice, tennis shoes… or just shoes in general. Anything that didn’t have that little bit of a prick that showed up after the repair guy fixed the heel last fall would be better. Funny you can’t find it with your hand, but shifting his weight Zeb knew it was there and knew his left foot would complain later. Walking down a hard and slightly uneven side walk for seven blocks hadn’t helped much either.
The walk had taken him pretty well across the whole town. He had missed the sign while sleeping and the bus had gone on so he didn’t really know where he was. The drug store near the bus stop was still closed and so were the offices and other buildings on the main strip. The only gas station in town had a sign he could see a few blocks further. The smell of coffee and eggs had stopped him and he paused for a moment before going in.
“Hey Pete” a woman’s voice said inside waking him from his thoughts, “don’t bounce your ball in here, something will get knocked over again!” Zeb walked in and saw a scruffy 11 year old boy standing in the doorway to the kitchen bouncing a racket ball just look up and pause for a second before continuing to bounce again. The woman who had spoken walked in again hurrying and half heartedly swipped at the ball before continuing up to the counter where two men were already sitting. The only other people in the place were a middle aged couple eating silently while he read the paper and she looked on. “More coffee hun?” the woman asked one of the older men. He nodded slightly and continued eating. Zeb sat down on a stool near the door and register.
“What can I get for you?” She appeared to be in her late twenties except for a look of knowing around her eyes. She was slender with hair so blond it was almost white except for two strands, one dies brown and the other died purple, but both were growing out and blond roots sowed underneath. She had the name Peter in a scrawling hand tattooed just peeking out from under her collar and a butterfly in the same dull blue on her left forearm. “Scrambled eggs and toast, and Orange juice if you have it” Zeb replied. “ She gave him a little smirk as she walked back to the kitchen.
“All these promises and nothing. When I was on the town council then at least we didn’t make promises like that!” “When you were on the town council there was still a budget wasn’t there? You still didn’t get anything done!” “Maybe not but at least we didn’t promise that we would! And beside we did get new carpet in the public library!” “Yeah new carpet two months before that bum Jimmy Finnard burnt the whole library down.” “They never proved he did that but you are changing the subject, you need to get on the town council and make some changes.” The two men argued loud enough that it was easy to see their hearing was going. The one nearer the kitchen didn’t even notice that he knocked the sugar he had been dumping into his coffee onto the ground. Pete stopped bouncing his ball and picked it up, then disappeared and came back with a dust pan and cleaned up the spill. Quick as a flash he was back bouncing his ball again and the waitress came in with a plate of eggs and toast in one hand and a glass of orange juice in the other.
Thank you Zeb said started eating. She just leaned back and watched. “Where are you from?” She asked. “Phoenix” he replied. More interested in eating than anything else the mediocre eggs were wonderful with the flavor of hunger. “what brings you here?” Zeb just shrugged, “looking for something new I guess.” He stuffed one of the slices of toast into his mouth. “I don’t know that you will find anything new here.” “What about you how did you end up here?” “Me?” she seemed surprised that he would ask. Zeb just looked at her again so she went on. “I grew up here that is how I ended up here. I went to Vegas to go to school, had Pete and his dad disappeared so I am back. Phoenix got bad huh?” “No, Phoenix is really fine. Nice people even if it does get too hot.” “Something got you to leave. Not my business, that’s OK. Pete, stop bouncing that ball!” Pete looked away and went out the door. “Poor kid, I wish he had some friends here. He hangs around all the time but this isn’t any place for a kid.” “At least he can be near his mom.” “Lotta help I am!” Zeb scraped up the last of his eggs and finished his orange juice.
“Thank you. My name is Zeb Pete.” “Oh, call me Judy. Nice to meet you Zeb. Want anything else?” “no thanks.” Zeb pulled a bill out of his wallet and put it on the table. ”Keep the change it was nice to meet you Judy. You have got a good kid there.” “aw” Judy said. “I’m sorry I spit in your eggs. I will make it up to you when you come back.”
Labels: Zeb Pete
20,005.86
20,005.86
Well I am happy to report I got some interest added to my account! Maybe not that happy… in fact I am rather disgusted. I had 20,000 in a savings account at the bank for one month, all of July, and I got just $0.86 in interest. That means if I had 200,000 I could have got eight dollars and sixty cents. That is 4.3 cents for every ten thousand, .043 cents per hundred. Multiply that times 12 and I am getting 0.516% annual percentage rate. NOTHING! The doubling rate on that is about every 141 years following the rule of 72. SICKENING. At least it will compound in another bank. I already transferred the money to another bank where I will get 1% but I am going to explore my options.
What I have worked in and know is real estate. The problem is I know working in it not really investing in it. I may have disclosed that I own a rental some place that is not included in my 20K. I have had it less than a month and so it is still in the preparations phase. The money it generates (I am praying that it will generate something!) will be subject to the same 30% to charity but I don’t know what taxes will be or what repairs there will still need to be. I have already put in $4100 but haven’t seen a return yet. I owe about $69,000 on the mortgage there. I feel like I got a great deal. I could put my $20,000 into that or other real estate but then I wouldn’t have the cash. I may look into real estate as a way to add to my 20K but for now at least it doesn’t count. I want something where it will be cash when I got to sleep at night and still be cash when I wake up in the morning. That is what was nice about a savings account. Stocks you can’t really do that, unless maybe you are a day trader…
I had a casual acquaintance who supported himself through his bachelor’s degree by day trading. Looking at stock indexes and what not there are lots of little up and down bumps during the day regardless of if the day ends up or ends down. What he did was start with a set of stocks he followed every day and then pick one or two to trade in that day. When he was up three percent he would sell and be done for that day, and he claimed to be able to do that three out of five days in the week. I should have asked more questions like what company he used or how he knew which stock to use that day. Man three percent a day… six hundred dollars sure beats my 70 from blood sweat and tears. I think I will create a faux portfolio and see if I can make money at all day trading before I put my cash into it. I can report on that here. And If I put cash into it you will be sure to hear about it.
So next I guess I will get working on that portfolio and find some stocks that have about 3 to 4% daily volatility and see if I can’t make it work. At least it is more fun that 0.043%.

