Tax Sale Investing: Pros and Cons

Have you heard about tax sales?  I was interested in them and the opportunity to get properties for pennies on the dollar.  I decided to attend several sales a few years back.  I even bought a house that went through this process.  No better way to learn than to participate!  I had preconceived notions and learned a lot in the process.  This is a quick write-up on what I learned to give you a perspective of the sale and process here in South Carolina.

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What goes up must come down? (Really? Use of Laws of Physics in Finance? )

While driving over the last few weeks and listening to the radio, I have come across 2 different shows (really infomercials) for retirement planning touting the benefits of purchasing annuities.  On both shows, they frequently quoted Newton’s third law of motion saying “what goes up must come down“.    While annuities do have a place for retirement planning, DON’T MISUSE SCIENCE as part of a sales pitch!  Yes, these are sales pitches!

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End of 3Q 2017: Goal and Progress Tracking

Wow, so the year is 3/4 of the way complete!  It feels like the year has flown by.  It is time to update the Goal and Progress Tracking to see the progress made.

3Q 2017 Update:

  • The market continues to be strong.  The S&P 500 Index increased by 3.96%
  • July and August finished up being strong months, finishing at 90% of the 4% ratio.  I was able to keep costs in line with the strong market.
  • September ended up lower, as I paid for a much needed mini-vacation!
  • There were several dividend payouts in Sept from mutual funds.

See below for more details!

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Cold Shower! Replacing a Water Heater (includes expected $ saved)

There is almost no worse feeling than taking a shower with no hot water!  I recently had this happen to me on a Saturday.  I went to check on the water heater and noticed water coming out of the top access panel (not good!).   That is not supposed to happen!   I had previously changed out the bottom heating element for the unit, but this was obviously a bigger issue.  After 16 years of use, it was due to be replaced.

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How I save $110 a month on TV (Includes Review of Sling TV).

About 2 years ago, my cable+internet bill had reached $180.  I was fed up with the cost.  I really only watch TV to watch news and sports.  Being a sports fan (mainly college football), I had ESPN, ESPN2, and ESPNU.  After calling the cable company and not having any options to lower my bill, I decided to look at other options.  I came across Sling TV, which is a streaming service that offers the ESPN channels.

I signed up for the free preview and decided to make the switch.  My Sling + Internet bill is now a total of $70, a savings of $110 per month.

A Funny Thing Happened when I Called to Cancel Cable TV

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My Biggest Investment Mistake and Why I don’t buy Individual Stocks!



We are all human and err from time to time.  The key is to learn from the experience and not make the same mistake again.  I will discuss my biggest investing mistake and what I have learned from it.

We have all seen the investing advice:  buying this stock will make you rich, and this stock will set you up with a long term dividend income streamWhen I started investing, I listened to this advice….and I paid for it, literally!

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End of July 2017: Goals and Progress Tracking

One of the reasons I created this site was to share my journey and to give myself accountability by sharing results.

When you are on a journey, it is important to know where you are and where you are going.  If you are on a trek, there are tools you can use such as a GPS device or a map (or both!).

For personal finance, it is about setting personal goals and tracking progress.  If you don’t set a goal, then you are just wandering around, directionless.

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My experience buying a $2500 house

I bought a house for $2500 a few years back at the tail end of the real estate downturn.  I was surprised (as I’m sure you are!) when I found it available.  I bought it directly through the county office, as the previous owner did not pay their taxes.  When you buy a property like this, you don’t know what you are really buying until you own it as you can’t go inside.  When I bought it, I was wondering if I made the right decision.

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Recent Purchase – How I bought into 500+ Dividend and Dividend Growth Companies

From my recent post on midyear goals, I stated that I wanted to direct contributions into more dividend and dividend growth stocks.  By wanting to increase my passive income, I am directing a higher percent of my monthly contributions towards dividend stocks.  In this post, I will discuss my approach.

How did I buy into 500+ Dividend and Dividend Growth Companies?

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