About sixteen years ago, I met him for the first time. My trainwreck sibling brought home this adorable puppy he had no business adopting because he had not one thing in his life that wasn’t a mess. I was furious at my sibling – he didn’t even take care of himself, how could he drag
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January 20, 2014

Possibly there should be some shame in the fact that I didn’t do ANY net worth roundups in 2013 (or 2012), but honestly, I hadn’t made my peace with the reality of combining finances with PiC. Nothing against him, I’m just a control freak when it comes to money and having to put our money together on paper like that went against the grain. Aside from that, it felt weird putting up our net worth on the internet because this isn’t his or our blog, it’s mine – how would he feel about revealing that information?
However, I don’t really believe in money-shaming or forcing the issue when it doesn’t feel right. While I operate like a sledgehammer in most other aspects of life, forcing things when it comes to money and marriage is NOT a good idea. Not for us, anyway. Slow and steady does the trick. Or will.
This year, I’m in the mood to do Net Worth roundups again. I need to have them for my own peace of mind and to know we’re making progress. However, since I’m not sure how PiC would feel about airing actual numbers (he tends to shrug when I ask), I’m going to err on the side of caution.
After a good amount of debate on Twitter, Evan suggested his method of only sharing percentages. The question came up a few times about whether there was any point to doing this, but conversely, is there a safe way to share actual hard numbers? Particularly if there’s any chance at all of our identities being revealed or our sites being discovered? (Your opinions are welcome, of course).
For the moment, I’ll always have the hard numbers behind the scenes, and I can resurrect them if this method just doesn’t sit well.
1. The net worth will be calculated midmonth, after the first paychecks are in. Just because.
2. Our Assets column will include:
Checking and savings accounts
CDs
Money Market Accounts
Stock Portfolio value
Retirement accounts
3. Our Liabilities column will include:
Mortgage
1 month of budgeted spending
We never carry credit card balances so it makes sense to me to account for the money that will come out of the checking accounts by offsetting it with a monthly spending estimate. We don’t have car notes, or any other kinds of debt, so that sums up the story!
What this means, though, is that while I’ve compiled our total Net Worth, for the intents of these updates, we are saying that as of today our
Net Worth is: 0.
Next month, theoretically, we’ll see a …0.5% increase maybe? OH GAWD. This is going to fuel my desperate need to show progress and save more, I just know it!
~ ~ ~
As for our 2014 Budget, after last year’s disappointing performance, we have negotiated an amortization scheme. Rather than forcing ourselves to make up the difference between last year’s overspending out of this year’s budget, which would suit me very well indeed, we’ll make up half the difference this year, and roll over the remaining deficit to 2015. That makes me a little antsy (job security concerns), but it’s a reasonable compromise given our natural dispositions. I don’t want our budget to turn into a bone of contention between Stingy Tightwad and LaissezFaire Spender.
January 17, 2014

Yep, I said it. I’m still Happy New Year-ing y’all. It’s been busy!
This is how I know recovery is nearly complete from the Devil Flu + infectious friends: my brain starts insisting on money talk. This is the first chance I’ve had to really look over last year’s money and do a quick review. We combined our finances last year and started to work from a combined budget spending plan. That was rocky, we have totally different perspectives and styles when it comes to money. Still, we had to start somewhere! So we did.
2013 highlights
SPENDING
We went over (between 2-100%) the budgeted amounts in half our specified categories, and under (between 2-50%) in the other half. This was, of course, a disappointment. Overall, we overspent 20% over and above the budget. Most of that, as it shakes out, was the wedding but that was paid for in cash so that’s some solace. I’m NOT thinking about the travel we could have paid for instead. 😉
I do have to keep reminding myself that we pay about $17,000 annually for my dad’s upkeep and that makes a big dent in the disposable income.
SAVING
We maxed out PiC’s 401(k) contributions which has never been done before. WOOT! We also saved 25% off the top of our paychecks through the whole year. Two thumbs up!
Disappointments: I don’t have a retirement plan through the new company so I intended to set up my own. Researched, yes. Decisioned, no. So that’s a fail.
BEST OF
The renewed relationships that came out of planning the wedding. I mended fences with a few relatives that I haven’t spoken to in years. And even more surprisingly, for whatever reason, MIL suddenly thawed towards me a month before and spoke to me like she hasn’t since before PiC and I started dating. Whatever the reason, however long it lasts, I’m grateful that even if I’m not “part of the family,” we can actually behave like non-antagonistic humans. That’s all I ever wanted.
Also: savings. We actually did a good job of saving cash despite all the spending 🙂
Also: Year of the least number of bad surprises (like the car was towed because they didn’t tell me that they were behind on payments! or like, Mom fell and hurt herself! or, Mom was in the hospital with pneumonia for a few days!)
WORST OF
The pained and strained relationships. It’s like I’m just now living the teenage angst years that I never had with my parents, with my dad. Nothing he said when it came to the wedding planning was ok, it was always inflammatory to my overly-sensitive, culture-betraying mind and we argued A LOT. Unnecessarily, I think but it was hard to rein in those feelings. 2 days before the wedding that I had a long painful talk with him over how his reactions made me acutely aware of how I’d failed the family: how I’d failed to straighten out my brother, how I’d failed to provide for my mother, and how I was now failing to properly represent the family as a “dutiful bride”. In turn, he reminded me that I’d done the best I could and more than was expected, and a big portion of these ‘failures’ were his; that the fact that he couldn’t “give” me a wedding was a huge failure as a parent. That he was making his peace with my decisions and in the end, he only truly cares about whether PiC and I are happy. I really needed to hear that. I just wish it hadn’t taken several months of fighting to get there.
Also: no retirement plan for me. This is the first time since age 21 that I haven’t been investing in retirement. No bueno!
:: What were your bests/worsts? How’d you do with saving/spending?
January 6, 2014

Well, it’s over, and thank god for that. 😉
I’d say I was kidding but then I’d be lying – it is a huge relief not to be planning, worrying, checking up on or otherwise managing some step of the wedding process. And in a more positive light, there’s an unexpected sense of fulfillment after going through a small part of the familial traditions. We’ve been legally married more than two years, it’s a surprise to realize that the ceremony truly had deep and significant meaning and I’m now glad that I insisted on retaining that much of it.
The Funny:
1. The morning of, my hairdresser/make-up/friend got so fed up with my damnable eyes refusing to STOP BLINKING while she applied make-up that she slapped fake lashes on me and said: Deal with it. Never having worn fake lashes before I scrubbed them off that night thinking that was it, and went around with a leftover clump obscuring my vision the whole next day. What IS that?
2. There was a costume change and before I could get into the big puffy dress, 7 girlfriends hollered at me: GO PEE!! Talk about peer pressure.
3. Both PiC and my dad forgot what to do during the ceremony. We got to the top of the aisle and they just looked at each other. Bossy Mcbossypants (hi) had to coach them: SHAKE HANDS. Now HUG ME. Now you go there, you come with me this way.
4. Rehearsal. I’ve seen the tea ceremonies conducted in many variations, and figured we’d do whatever worked for us. Um, no. How could I forget that Dad would have OPINIONS THAT ARE FACT? At that point I just didn’t care how it was done, but I’d like to say for the record, I have video evidence that my perfect perfect cousins did it the way I was going to. So there.
5. We bought PiC a bowtie. Neither of us knew how to tie it. Ooops.
The Favorites:
1. Our ceremony music. I hated hated hated the idea of walking down the aisle. But there was no way around it with our venue, I had to come out SOMEHOW. So I insisted playing awesome music that I loved and that would MAKE me smile. No sappy classical for me. And sure enough, it made me grin. If you were there, I was absolutely grinning at you guys. If not, I was just tickled to death by my music.
2. Not having a bridal party. I had reasons. Asking a group of people to dress up in color coordinated clothes they’d never wear again (alert: I own 7 bridesmaid dresses. No, you can never wear them again) seemed like the opposite of keeping a low profile. Instead, I thought I’d just let it go and anyone who loved us enough to help on the day of, would. And it’s true. We were absolutely blown away by the level of help on the day before. My cousin commented somewhat enviously, with a touch of puzzlement, that I had really good friends. I do. For all of my antisocialness, I am Very Lucky in my friends.
3. Our photographers. We paid a LOT for them, and while we haven’t seen their finished product yet, they themselves were fun and easy and not weird at all to work with.
4. Doggle wore a bowtie and laid on my dress every chance he got. And he was such a good boy, just hanging out, even when being swarmed by a horde of cousin children.
5. Things we got done. We were working literally up til 1 am the morning of, and I was fine with tossing everything if it didn’t get done. But I was really happy that we found gluten free cupcakes for celiac friends, that the cake buffet was gorgeous and I have a whole cake left over for myself. That we made little gift bags for visitors. That we did hire a photobooth and I made up a lot of a scrapbook ahead of time.
The Suck:
1. Some of my obnoxious family kept monopolizing my time and getting into photos they weren’t asked to be in. Very very annoying.
2. Thanks to the above, we ended up wasting double the amount of time outside taking pictures, missing a huge part of our reception.
3. If I weren’t so damn sick, I could have asserted myself more. But my brain was stuffed up and on drugs, I was just faking my way through it. Well enough that people didn’t know I was sick, so huzzah for that, I guess.
4. The food. No wait, the food was good. Or at least I think so. I was surrounded by all that lovely food and literally did not eat more than 7 bites all day. Stupid stupid sickness taking away my appetite.
5. I pretty much collapsed after we saw off the out of town guests. Turns out I was fighting a losing battle against both the flu and an infection curiously like pneumonia since Christmas. No wonder I was just holding it together the whole day.
The Money:
We spent a fairly significant amount of money on the event – another thing that baffled my family. Normally, you do the ceremony at a house and a cheap (comparatively) banquet dinner, and the monetary gifts are enough to pay for the whole wedding and a vacation on top of it. My aunt advised we get it over with and have a vacation – her daughter had enough left over after her wedding to go to Hawaii fully paid for.
I was paying for convenience (full service location), entertainment, and getting my own way. It was enough worth it that I’m not upset about spending a bit more than twice the usual: I was pandered to just enough to keep me from starving or coughing up a lung, the entertainment kept people busy so that I didn’t have to be on my feet and talking to them the whole time.
We cashflowed the whole thing, out of the incidental money I’d set aside in the last couple of years and stretching our paychecks a little more; it might be a family thing to pay for the wedding out of gifts but I’d been determined to foot the bill myself rather than hoping the gifts would pay for it. Our friends and family were terribly generous but it wouldn’t have covered the bill so I’m glad we did it my way.
We haven’t totaled up all the costs but we probably spent $21K for the whole thing and will come out of it with: 2 suits that Dad and PiC can wear for years, enough candy to last til next Halloween, a fun scrapbook and set of photos we’d never have gotten in a normal setting, a set of professional photos, and most importantly: a strengthened relationship with each other and the family and friends who showed up for us. I wouldn’t recommend it as a means to reconciliation specifically, but for me, it became a means of rebuilding a once-treasured relationship thought to be lost years ago.
The Summary:
As PiC retells it, I “kept him honest” with the division of duties. We split a long list of things to do, but after a spat over when to get things done, I backed off. Instead of giving him grief over the things he committed to, or his version of time management, which were both giving me anxiety, I cleared the critical items and let him get on with it at his leisure. Of course, his frustrated late nights and slow progress were then entirely his burden to carry. Fair’s fair. 🙂
The wedding was just one day, but it was the culmination of a lot of days where we learned, even after ten years together, how to work as a better team even when sometimes that means not working together at all; how to accept help from loved ones; how to be reasonable; and how to take care of each other when we’re both stressed out by circumstances and each other.
December 19, 2013
I’d always figured I would be, like eemusings, a bullshit free bride, but even more so because I don’t consider myself a “bride” even if we’re doing this wedding thing, more like the Female half of the couple. It turns out my insistence on doing things my way, the clearly LESS stressful way, is still stress-inducing. Y’know, the world would run a lot more smoothly if people would just Do As I Say.
Honestly, I just wanted to plan a fun party with good food, the people I love, some fun music and kick back with everyone and the Dog. And I hope that’ll still happen, but in the meantime, my current status is: I can’t wait to get the damn thing over with. Planning has been a prickly, multi-thorn in my side and the sooner this is over, the better.
1. The most surprising people are unreliable and/or frustrating.
A. Family members who offered to not just help, but to plan the whole damn thing, were incapable of doing ONE task I’d asked them to take care of. I asked them to order 1 food item because it’s easier to order on site in SoCal, and eleven thousand texts and three months later, they still hadn’t done it. Two weeks before, I get a message asking if I want to go with them to the store to order it when I get into town for the wedding. Which is, of course, entirely beside the point of delegating.
B. Friends who said they’d do ANYTHING to help? Total radio silence after I sent them an email asking for their input. I finished that item a month later and still hadn’t heard back from them.
C. Friends who couldn’t manage to RSVP. Now, I know you people can read, I’ve seen it happen. We went to school together and I know you were booksmart enough to read printed text AND you’ve planned weddings. So what possessed you to not read the invitation and actually think: She must not want us to RSVP, anyway I don’t know how? Have. Mercy.
D. Family who are completely preoccupied with how things will affect them: my dad saying that doing one thing my way would kill a lesser man with the shame of it but hey! it’s my wedding and my way so whatever! He’ll suck it up! I didn’t know what truth I spoke as a frustrated kid when I said he was the king of passive-aggressive; my relatives being stupidly clannish and refusing to sit where I planned to seat them because they assumed they’d be uncomfortable and refuse to integrate even one little bit with anyone else because you know, this is really just an event where they should hang out with each other and no one else. Honestly, people. There was no greater justification of that sinking feeling I had when I didn’t want to plan this: no one really cares about this, it’s either all about them or just an inconvenience.
2. The good people will make your heart sing.
A. I asked a very uncrafty friend to come scrapbook with me because I was feeling unloved and lonely. Months of late nights, attempts at crafting and planning alone made me crave company, but she HATES crafting. Without demur, she showed up for dinner and made several scrapbook pages late into the night even after I’d said it wasn’t that important. Just to humor me.
B. Katie (and Ruth and Twitter, I tried to spare the rest of the world a bit) listened to ALL my whining, every time something went wrong. Every. Day. Of. It. And she stayed up in the wee hours of the morning to go through old country music with me, rocking out. It’s probably one of my best memories of planning.
C. SingleMa was frakkin amazing. I pled mercy on the hunt for shoes: I needed a pair that were fancy enough for an event but not so fancy I couldn’t wear it everyday later. It felt impossible & I just could NOT take it anymore. She so graciously let me email her what I liked (but couldn’t have), loved (but couldn’t find), and hated (so many ugly shoes!) and worked her shoe fairy magic, coming back with an extensive list of great options for me to pick from. She nailed it.
D. One set of relatives I haven’t seen in years took my one request and completely ran with it. I have photographic evidence that we’ll be fine with their end of things.
E. The long distance friends who, without a moment’s hesitation, RSVPed an enthusiastic yes even though it involved a long flight, a lot of travel, or otherwise what I’d consider an inconvenience. There is no greater gift than these friends who show so clearly with their actions and their words that they want to share a special day with us. That’s all I was hoping for.
3. Guest lists are the devil’s playground.
Wrassle with the number of people you can invite, cut it down, get into fights over the family lists, chase down people who (see above) apparently don’t think it’s important to respond to that nicely printed piece of paper that asks them to come to a party so BTW TELL US if you’re going to come, and then discover that a whole lot of people who were planning to come aren’t, anymore. *deep breath* It’s enough to make you say: just forget it. Don’t even care anymore.
And rude relatives who invite themselves or their kid’s boyfriends or girlfriends are ridiculous.
4. Service fees and taxes
Did you know that venues will charge you at least 20% service (21% in our case) first, and THEN tax you on the total of all the services, food cost and the service fee? So that’s another 8% on top of 121% of the expected cost. YAY! I expected to pay those fees, but they weren’t clear about how it was applied. Also! We got a whole bunch of things free and they charged us a service fee on the value of those things (a coordinator, for example) so instead of free, it was 21% on the cost. Free: I don’t think that word means what you think it means.
At the end of this road, this day isn’t just MY day, or even just our day. Yes, all the decisions are made by us because we’re paying for and planning the whole thing. But it’s about having a nice time with loved ones and making a special memory to shine against the other darker days that we have had so many of. I’ll be grateful for everyone who shows up to have fun.
December 16, 2013
Pacific Rim came out in theaters a while ago, and I have no idea how well it did but it was one of the few movies that appealed enough that I wanted to see it in theaters. When the DVD later went on sale for $8, I snapped that right up. Not because it was $8, I don’t try to own media unless I LOVE it and am willing to watch it 200 times so nothing’s just taking up space. But this movie got a wholehearted double victory fists YES. It’s a quick watch at 131 minutes, fast-paced and light fare, stuffed with plenty of good fun.
By grace of this stubborn cold or flu or whatever I have, I’ve only had the brainpower to sit around and stare so we’ve played the DVD 4 times in the last 2 days. PiC humors me so much.
I saw absolutely nothing in the promo trailers, for a wonder, except ROBOTS and MONSTERS (which is absolutely all it took for me to be in) and so had zero expectations except for fighting robots and monsters. Which I got in spades.
1. Idris Elba as the Marshal. He. Was. Awesome.
2. Idris Elba with the best shut downs ever. When Raleigh tried to walk away from the recruitment. When Mako tried to persuade him that it was her turn. When Raleigh laid hands on him (whoa).
3. The loving father-daughter relationship between the Marshal and Mako, caring moments entwined with their professional relationship without getting weird.
4. Mako’s willingness to confront Raleigh with what she perceives to be his weakness. Her confidence in the ring.
5. Raleigh’s balance as a character: he’s been deeply hurt, he’s been out on his own, but he doesn’t hold any dramatic bitterness when he decides to come back. He doesn’t lash out at the barbs that could have triggered a forced outburst: Newt’s groupiness, Chuck’s arrogance at the dinner table. He does protest things that are protest-worthy but he’s not melodramatic.
6. No schmucky love story! This was hands down my favorite part. A male-female set of leads that battle together, obviously care about each other’s well being, but don’t fall into a stupid love thing that wouldn’t be believable. Doesn’t stop Hollywood from shoehorning in gratuitous love stories in countless movies, but I have no love for them.
7. GIANT ROBOTS! Shades of Veritech, echoes of Transformers, ghosts of Voltron gone by, all the massive fabulous robots! Called Jaegers! Piloted by Rangers! Could you possibly appeal to my 80s loves any more?
8. Why yes, with GIANT MONSTERS! Hello, decades of Godzilla fandom come to life! In shark form, in dactyl form, in classic romping, stomping land form.
9. Chuck getting a well deserved stomping. Ranger or no, he was a jerk.
10. The Ops guy always in his bow tie. Because “bow ties are cool”. (All together now, who says that?)
11. Bulldog!
12. Bonus: Wonderful soundtrack.
And of course my money questions:
What havoc did the constant attacks wreak on the world economy? The Jaeger program required a lot of support but they were “only” dying 2 Rangers at a time. In the meantime, you have a huge defenseless population relying entirely on the mobile robots and a hell of a mess to pick up after each battle, regardless of who won.
Whose bright idea was the wall? Was it meant to be a jobs creator despite the sheer stupidity of the idea?
Politically, who were those politicians running things and making the predictably stupid decisions?
Where did all the materials to build the 250 foot Jaegers come from? Where did the money come from?
Does insurance even exist in the post-Kaiju world??
December 15, 2013
As we pass the 2nd anniversary of Mom’s passing, I’ve been sitting with a good friend who has recently lost her mother, discussing grief and the process of grieving.
In some ways, it’s not a simple thing, not an easy progression of steps, nor a checklist you can tick off one bit at a time and arrive at an end.
In other ways, it really is quite simple to understand the gauntlet once you’ve gone through it.
“I was fine at her memorial. I was smiling and talking to people. It didn’t look like her. It didn’t feel like she was gone.”
Yes. I remember that feeling of surreal unreality.
“I’ve cried every day since burying her. I still can’t go into the same stores that I used to shop.”
Me neither. I’d run, crying, out of a grocery store because the memories were just too much. It wasn’t even one that we visited together. It was the visceral memory of a childhood habit that gripped my heart and wouldn’t let go.
“I keep asking myself why I didn’t take her to X, why did I choose to do Y instead of Z? Why didn’t I ..”
I’ve second guessed every decision I made in the last twelve years. Constantly. I’m convinced that I was the worst daughter ever because the end, ultimate, result was that she died, never having recovered from her illness.
You could float on the sea of “if onlys” and “what ifs” that we create, in our grief, treading and retreading our memories.
Hindsight, as they say, is 20-20.
But is it really? Is it really so much clearer now that events have irrevocably transpired?
A truth I’ve had to learn is that the other choice always seems like it would have been better only because I already know the outcome of the choices I did make. I have no idea what would have happened had I gone somewhere else for undergrad, if I had pursued a Masters or Doctorate. Maybe I would have had to drop out and be even less prepared to do the basics of supporting the family.
There’s a song by Little Texas that gets me EVERY time I hear it.
That knowledge doesn’t stop me feeling bone-deep regret for not pursuing a white collar profession where I could have earned enough to buy her health insurance outright (even though that would have taken years), or for being angry with her, not just her disease, as she became more ill and less mentally competent. I couldn’t take the step back at the time, it was easier to be angry than to accept and understand that I was losing her.
What might have been
In the aftermath, even after nominally accepting that I, mostly, did the best I could, and failed, I wonder what could have been done differently. And I wonder how much of my choices, and non-choices, affected this family.
Before carrying me to term, Mom had a few miscarriages.
What would have happened if I hadn’t been the one to make it?
What if my brother had a brother like he wanted?
Or what if he had grown up as an only child, with all the attention he clearly needed, without a “weak” (but meaner than a pit of crocs) little sister to take care of and be bitten for his efforts?
What if he hadn’t had me to practice his machinations and manipulations on?
What if he didn’t have a “follower” sibling with my personality and strong inclinations to academic achievement to contend with and push against in his attempts to lead me? Would he have actually reached to do something with his abilities instead of playing the comparison game and not even trying?
It’s part of the family lore that after a few days (or weeks, I forget) of getting to know me, my sibling picked me up and suggested they return to the hospital to trade me in for a better model. Unfortunately for him, hospitals didn’t accept returns at the time or I’m sure he would have just taken me himself. Kids feel that sort of thing all the time, but I wonder whether they all really would have been better off without me?
Without an extra mouth to feed, a second child to clothe, educate and worry about, would my parents have been less stressed, and more able to save? Did their circumstances dictate the outcome, or would their actions have been much the same?
Would my sibling have been the productive citizen and son that my parents prayed for? Would he have learned to use his copious people skills and talents towards a job or career, would he have felt the unbearable weight of responsibility that I grew up with, or would that still have eluded him?
Was it my fault, my existing, that played a key role in his failure to thrive? Is his failure to find a niche where he would excel attributable to my combative and competitive nature?
These are intertwined but I can’t help but realize that, like the butterfly flapping its wings, my very existence changed things.
Was it for the better?
I can’t know. I do know that as the surviving fetus, as the kid who did come along second, eventually, whatever ill my coming boded, I always felt a pressing weight. I knew fairly early on about Mom’s miscarriages. I know about the bigger than usual gap in years between my sibling and myself. Where other kids were two years apart like clockwork, we were about 3 years apart and, oh, the strength of will it must have taken for her not to smother me mid-scream in the first nine months I spent crying my lungs out.
It always seemed like I lost the genetic lottery: as the scrawny, untalented (no eye for art, terrible ear for music, only Doggle matches my astounding level of clumsiness), not terribly smart, really a bit of drifter with no dreams, youngest child, I only knew that I had to compensate and overcompensate to justify having made it.
The ghosts of those other babies, the ones my parents never met, haunted me a little. What could they have done with the gift of life? Would they have had the talent? Would they have inherited Mom’s gift with numbers, Dad’s ability to dream for the future? Would he or she, or they, have been the charmers, able to mingle and make friends everywhere they went? I certainly didn’t get any of that, so was that lost with them, leaving me with only remnants of determination and a strange love of containers to work with?
Sometimes it feels like all I have are questions, a sense of those nearly siblings’ unfulfilled potential, the uncomfortable prickles of something like guilt.
Without dwelling on the macabre, there are some studies that suggest that the influence of a sibling, past a certain point in life, is a stronger force in the development of an individual than even that of a parent. Anecdotally, I could see this. I learned from my parents, authoritatively, but I viscerally reacted to my sibling. At a much deeper level, I absorbed what I know of human nature from my interactions with him, by growing up next to him, and observing his experiences. By following my big brother. And I can’t know how my existence, my following, and my watching affected him. A bit like Schrodinger’s Cat, I guess.
Having made it this far, it feels like it’s my job to make good, to redeem the family name. I can’t change the past, I can only work toward the future.
I try not to think about
What might have been
‘Cause that was then
And we have taken different roads
We can’t go back again
There’s no use giving in
And there’s no way to know
What might have been
December 11, 2013
PiC was relatively unimpressed when I announced that our Christmas presents this year were going to be Costco stock.
“… I like Costco….”
Yup. So do most people I know. Fun fact: Costco apparently ed to keep offering mainland prices when they opened up their Hawaii stores. This was from a Hawaii-based friend. We’ve shopped there and while I won’t say all the prices are still on par with mainland prices, they’re pretty close. For a place that easily charges 3-5x more for basics than the mainland, that’s not bad.
I’ve been on the hunt for an addition to my tiny portfolio, so I started thinking over the businesses that I’ve tracked over the years, as well as the businesses we frequent. If we’re consistently willing to spend money at a business that has a strong foundation and cash flow, it makes sense to consider them as a stock holding after some research.
I’m looking for stocks with dividends this round and Costco (COST) fits that bill. Their fundamentals looked tolerably good, though the ratios are on the lower side compared to some other stocks that are flying high. I will admit that my working knowledge of the market is pretty rusty after spending enough years sitting on stocks and not doing a lot of research. It makes Evan’s Investment Club an attractive idea; you’d think this was like riding a bike but apparently I was never that good at riding bikes/stock picking!
I decided the number of stocks I wanted (based on how much cash I had on hand, honestly), the price I’d be willing to pay and set a GTC (good til canceled) stop order at that price.
My portfolio is currently at TradeKing (referral link gets you and me $50) which has been great for my style: simple, low-cost at $4.95 per trade, easy to navigate and good information resources. I buy and hold, reinvest dividends, and balance growth and income stocks.
::Update: I’m now the proud owner of COST. PiC remains slightly indifferent. 🙂