Fund Your Portfolio from Bottles in the Ditch

Day 6/Post 6

Fund Your Portfolio from Bottles in the Ditch or Put Normal Spending Habits on hold.
In the previous blog post, I mentioned for as little as $1000; you could set up an online account and start trading on the stock exchange.
You might be saying, “Great, Rick, but how do I find a $1000 in these tough times.”
Okay, let’s use your downtime to find ways to fund your investments in the stock market.
We set up an online self-managed online account through Questrade; this is made easy for you and doesn’t take long.
We had never purchased stocks online before the coronavirus pandemic and found out we could buy shares in some of the top companies in the world.
What also amazed me is you could buy as little as one stock in a company, and we did this.

Back to Funding Your Portfolio

I joked about collecting bottles in the ditch and cashing in for money.
Anyone that knows me knows I can’t pass a bottle in the ditch or a golf ball in the bush. (okay you have some insight into my golfing skills)
I am not joking my wife, and I, during this pandemic, have listened to the health experts and have gone social distancing walking. I take a plastic bag with me and wear gloves, and on our walks, I look for roadside treasure. The best day I have had in the last two weeks is $2.20, and our average is about a buck ten. (love the guy who drinks a micky of vodka, throws it out his car window on his way to work???)
Yes, staying healthy (our walk) and slowly building our wealth. (bottles in the ditch)
The collecting bottles in the ditch are more than a metaphor.
I am challenging you to look for money that others are discarding or you are giving away.
Found Investment Funds
  1. Bottles in the ditch
  2. The money you have stuck in piggy banks or a particular draw, you have time now to count it, roll it, and put it in the bank.
  3. Too many duplicates, of paid apps, get down to the essential ones, if you have not used in an app in a week, stop the madness and use the extra funds, even a couple of bucks a month per app could be $100 or more over a year.
  4. Get your yearly credit fees waved, right now the banks are offering all kinds of financial aid.
  5. Service charges, reach out to your bank or other institutions you are paying service charges and ask for relief.
  6. Memberships sites, how many membership sites do you belong to that you have not used in the last week, No Use, No Value.
  7. Paid subscriptions, too much value for free right now, unsubscribe
  8. Not eating out, use these funds, my wife and I miss eating out 5 to 6 times a week, lunch or supper. ( This could easily be your seed money, $1000)

Take a deeper dive into your daily habits; there are more funds to be found.

Before the coronavirus pandemic broke apart our world as we know it, our coffee machine broke down.

Our small appliances have been very good to us and ten years plus is the life we enjoy. I wanted to buy a new coffee machine and saw one I liked, and the reviews were excellent.

My wife was not a big fan of the price and said you have a Keurig Single-serve. I was buying the Keurig pods on sale between $7.99 and $9.99 at an average cost of a pod pack of  12.

When I showed my wife using a minimum of 3 Keurig pods a day, I could purchase this new fancy, dancy coffee machine and pay off in two months from cost savings. Yesterday I got my new coffee machine and enjoyed my first cup of freshly ground coffee in several weeks.

Okay, we are not using these funds for investing, but a couple of suitable cups of Joe, gets my morning brain in gear, and I can understand the financial charts clear. I also use my first two cups of coffee to watch the financial markets unfold for the day.

My wife and I loved going to Starbucks at least once a week, and our average monthly spending was $23 a week, close to $100 bucks a month. Starbucks shut down all its stores, including drive-thrus in Canada, on March 20, 2020, and we have no idea when they will reopen.  I understand why.

How do we continue to purchase Starbucks; through the stock market?  We decided to take our weekly Starbucks spending over the next several months and buy some Starbucks shares.

There are different opinions on whether people will return to Starbucks because of close contact with people.

My wife and I feel we will return to hanging out at Starbucks.  I have written some excellent blogs over my latte.  Based on our decision to support Starbucks when they reopen, why would we not purchase Starbucks stock and know in the future, we have a small ownership stake in a company we enjoy.

Again there is no right or wrong answer at this point, we went with our gut and purchased shares (we bought at $66.07, and on April 9, 2020, the stock price was $73.88, this is part of our mid-term buy and hold strategy, Starbucks is still paying their dividends)  By the way, Starbucks average year’s stock price is $84.17 with a High of $99.11.

Why not have a look around at company’s you support and enjoy, look at what the value of their stocks a year ago and in mid-January 2020 and review the stock price now.   Are they paying a dividend and with no talk of suspending their dividend.  If there is a large spread in stock price now to their average stock price over a year, and they are paying a dividend, why not invest a little of your found funds.

Have Fund with finding and unearthing money to fuel your future.



From Our Happy Place to Yours, Be Healthy, Be Safe Until Our Next Post


About the author, W. Rick

Dynamic entrepreneur and sales management strategist; with over 20 years of experience in his field. Rick has achieved multimillion-dollar sales growth while providing award-winning sales leadership and coaching in highly competitive markets.

An active real estate investor since 2002, Rick has developed his purchasing strategies and processes specializing in vacation and recreational properties, single-family homes and condo rentals.

In 2005, Rick re-financed his first rental property to fund the purchase of more positive cash flowing rental properties.

Rick sits on the Board of Directors for several condominium associations and is an active President and Treasurer. Sitting on these boards has given him a wealth of experience and insight into working with property management companies.

Rick has partnered with several joint venture associates and is committed to creating a positive investing experience for his associates by finding the properties, developing the investment, securing the financing and executing a proven positive cash flow system.

Why should you choose Rick as your Online Vault to Investment Real Estate Success Advisor?

An outstanding mentor and coach, Rick will work with you to build your investment real estate business starting from the foundation. From guiding you through the market research and critical drivers, building your team of trades, realtors, and lenders to attracting the investment real estate properties right for your portfolio and the joint venture partners to help you grow.

Through direction and training, Rick will help you develop your investment real estate goals and be a catalyst for you to purchase your first investment real estate property so you can build a strong financial foundation unlocking sustainable wealth and a living legacy for you and many generations to come.

Thank you for taking the only asset that gives us so much through life, but we can never get back our time.

Please join Rick on living his mantra:

” Prosperity for all aspects of your life forever.” W. Rick Harris

Leave a Comment

The Vault to Investment Real Estate Success blog reserves the right to remove comments that are self-promotional, rude, personal attacks, or not contributing to the topic at hand.