Home > R.I.P. Trash D.R.I.P.

R.I.P. Trash D.R.I.P.

August 1st, 2021 at 04:45 am

Well its been nice knowing 'ya.  

A long time ago in a galaxy... ok, I gotta stop that.  Anywho, it's been 2007 since I started a little experiment.  I would work out how to do without paying for the local trash pickup, and I would invest the money.  This would be my incentive to cut back on my trash.   To do this I started a DRIP (Direct ReInvestment Program) online.  I invested in a stable stock, and put in originally $25/mo. as this was close to the monthly trash charge.  I upped it after a few years to $40 and left it there ever since.   Well with my efforts to clean up my finances this year, along with my finances being tight as I put so much into my 457 plan + pension + HSA + taxes + insurance (yikes!), I am taking home only 15% of my gross pay right now.  Any little bit will help and so I have decided to stop monthly investments in this stock.  I'm sure its for the best as tracking all these investments if I should ever decide to sell will be ... lets just say "a challenge".  

So to get two benefits, I stop the investments and save myself tracking and get a little extra cash.  Yep, not a bad idea.

1 Responses to “R.I.P. Trash D.R.I.P.”

  1. rob62521 Says:

    I totally understand the tracking of investments. I had a 403b in a great company and my school district decided to hire an outside firm that limited out choices and my company wasn't one of them. But this second company wasn't as great as the first, and it has been a big pain to move these investments to something else. I also started an IRA years and years ago and although I quit putting money in it, it has gained a little, but the original company sold to another company which worked out great, except now, they sold out and this new company...bleh! I feel your pain!

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