How NOT to Move…
- Posted by Howard
- on June 22nd, 2011
So we closed on our home in Phoenix. Today a HUGE win is a loss of $200k. In Phoenix, that means we made the front page of the Arizona Republic as the ‘Daily Real Estate Guru.’
When we bought our last home in the Biltmore in 2006, it was a downgrade from our stupid big home that we ‘reached for’ as everyone could do in 1999/2000. We could not afford movers, let alone a $1 million mountain home in Paradise Valley. When we sold in 2006, it was easy. You told a broker and someone would just buy it the next day for $2 million.
The killer, smart money move would have been to rent, but we just downsized and lucky for us, invested all our equity from the big house into GolfNow.com and other internet investments that I continue to make.
Last week was the cleanup and final move. Now, we can afford movers. Easy pickings yes?
Nope.
I believe my wife went to ancestry.com to choose our movers, I later found it it was our painters she chose…painters, movers…same thing…
I knew I was in for a long day, when I had to pick up for the UHAUL, buy padding, tape and bubble wrap. The owner was impressed and mentioned that he had never seen a jewish man in their office so early. I should have stopped, called a few friends and hired a professional firm to come do the job. I had a moment of lazy thinking and carried on.
When the two drivers pulled up blazing and blaring the theme song from Sanford and Son…I was fuc@%#d. I mean why bring a dolly.
Flash forward ten hours where the two fine gentleman were poorly packing their last piece of art onto the truck. I just wanted them out of my driveway. I drove to my office where my reliable partner Tom looked at me and just laughed. He had been texting me pictures of abandoned pickups on streets of Phoenix all day asking if this was my crew.
I said this truck won’t make it 5 miles, let alone 350.
To be continued….
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
blog comments powered by Disqus-
Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
-
Recent Posts
- Recession Porn and Robots…Just Another Momentum Monday… and Embrace VIX 1
- The SnapChat Stock Market, Machines and The SEC
- Golf – The L is for Lindzon
- Can You Be an Active Investor?
- Stocktoberfest – Year 2 – October 17 and 18 – San Diego
- Mary Meeker….Pssst…The Internet Is Growing…Pass it on…And What is Really Happening on The Internet
- San Diego/Coronado – The Best Trade of My Life
- Thank You Goldman Sachs…
- What Type of Financial Investor Are You?
- Tumblrnomics – The Winners of the Tumblr and Yahoo Deal are …..Web Entrepreneurs, Creatives and Angel Investing…The Loser is The Middle Class
-
Archives
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
-