I talk a lot about stocks, markets and investing, but the best trade of my life was a move.
In the summer of 2009, Ellen and I picked up a rental sign off a lawn on B. Avenue on Coronado and walked into the house and made an offer. The kids were at summer camp. We would have some explaining to do.
We had not rented our home in Phoenix, had not thought through schools,logistics, friends and family, but it just felt right.
That trade set in motion some fantastic things.
We became renters ourselves and a one car family. I walked to work. The kids learned to ride bikes and walked to school.
In 2010, despite the math of renting over owning, we bought a home. The month we bought, turned out to be a low in housing. I had to sell some Buddy Media stock in order to buy the home, because neither my dog Bagel nor I qualified anymore for a loan (that was a bad trade within the trend of the big trade :) ).
Not all trades are for money. Sometimes you just need to really change things up, even when they are going well.
What was your best trade and/or a trade you are looking to make?