About Me

scfr

Cool Quote: "The roosters may crow, but the hens deliver." (Ann Richards)
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Fun things to do before we leave Austin:
- Lunch at The Salt Lick (BBQ)
- Sunday Brunch at Fonda San Miguel (Mexican)
- Austin City Limits (try to score tickets)
- Bat Flight at Congress Ave Bridge
- Hike & Bike Trail (Town Lake)
- Cavern Tour: DONE!
- San Antonio (Alamo, Riverwalk)
- Houston (NASA)
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BA (Balance Sheet Affluent, as explained in "The Millionaire Mind"):

Age x .112 x Total Annual Realized Income = Expected Net Worth

If you are 2 times your expected net worth, you are "Balance Sheet Affluent"

My goal is for my household to be a bit over BA (have 2.12 times its expected net worth) by the time my DH is 50.

Starting Number (4/30/07) = 1.32 times expected net worth

First Year Quarterly Goals:
7/31/07 = 1.440 [Result: 1.510]
10/31/07 = 1.435 [Result: 1.569]
1/31/08 = 1.430 [Result: 1.541]
4/30/08 = 1.425 [Result: 1.400]

Second Year Quarterly Goals:
7/31/08 = 1.550 [Result = 1.515]
10/31/08 = 1.550
1/31/09 = 1.545
4/30/09 = 1.530

Half.com Question

February 9th, 2007 at 09:06 am

As part of our pre-location purge I am selling books and CDs on half.com.

I have had 2 buyers who apparently buy many books every day (we're talking hundreds). One of them has now bought from me twice, and had the books shipped to different people at different addresses, each time with a note "no invoice please." I think these people must be somehow simultaneously buying my book & re-selling it to another person.

Anyone of you smart people know how they are doing that?

Posted in Relocating to a lower cost part of the USA | 2 Comments »

2 Responses to “Half.com Question”

kimiko Says:
February 9th, 2007 at 08:23 pm

Never have that happen to me before. That's quite strange though. I mean, unless they're making a huge profit from the simutaneous resell, they'll be losing quite a bit of money doing it this way. If they listed items they don't have, all they have to do is issue a refund. Looks weird. Plus, if you ship to a different address, won't that cause problem later on if they complain about it?
Gailete Says:
April 29th, 2007 at 11:35 pm

They are drop shipper sellers. Most don't carry any inventory. They set their prices higher than other. People who think that unless something is high priced it isn't worth it, won't buy from someone selling cheap, will buy from them and they in turn buy from you. Their only expense is buying ( I would suppose) the cheapest copy available and having you ship it (no actual postage costs for them) to their buyer. Technically they can't list a book on any of the big book sellers marketplaces unless they have it in physical inventory, but there are always guys who spend more time trying to cheat than how to run an honest deal.

scfr's Personal Finance Blog

Half.com Question

2 Responses to “Half.com Question”

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