Posts

Showing posts from September, 2014

Do you ride the elevator or take the stairs?

Image
Elevator vs. stairs I work in a 13-story building in Bellevue, WA called the Bravern and my office is on the 10 th floor. Rather than taking the elevator, I take the stairs every morning. Each floor has approximately 20 steps, meaning that I climb about 200 steps every morning on the way to my desk and another 200 steps down in the evening. Not only does this healthy routine get my heart pumping in the morning, but it also helps wake me up. In a sense, it�s my coffee in the morning that gets me going. This also helps me accumulate physical activity throughout the day. Given the positive benefits, I sometimes wonder why so many people opt against taking the stairs and instead ride the elevator. Taking the stairs up 10 floors might be extreme, but I see many people take the elevator up just one floor or even two floors. In fact, a building I worked in in the past had a healthcare company called Group Health on the second floor. I routinely saw their employees take the elevator up just...

Ridiculous Ways to Save Money #3

Image
Making money is hard, which is why saving money should be a priority.  Here are another five ridiculous money saving tips to get you on the path to saving! 1. Camp out instead of staying at a hotel Motel 6 may be cheap, but camping is even cheaper. Five to six nights at a campsite is the equivalent of one night at a cheap hotel.  Campsites typically offer shared bathrooms and showers. Even better, drive to a remote location and pitch your tent for free- just be careful to stay away from private property and keep your food away from bears. A night under the stars sure beats an old dingy hotel room any night. 2. Harvest rainwater for your garden plants Why would anyone pay to use tap water to water plants when a downspout can provide you with free rainwater for your garden all year round? Not only does diverting the rainwater keep it from pooling near your house foundation, but provides you with a free source to keep your plants green all summer long. 3. Conveniently forget...

Celebrating 20 years in business... for the last 3 years

Image
The Uptown China Restaurant celebrates 20 years in business The restaurant business is notorious for rapid openings and just as rapid closings. TV shows like Kitchen Nightmares and Restaurant Impossible show us time and time again the difficulties of keeping a restaurant afloat. It's no wonder then that the Uptown China Restaurant in the Queen Anne Neighborhood of Seattle has made a big deal out of its 20 year celebration, one which it has been celebrating for the last 3 years as of 9/2014. Given that most businesses fail in the first few years, it's quite an accomplishment to make it to the 20 year mark. The Uptown China Restaurant simply knows no stopping. As such, a celebration is certainly in store and perhaps even overdue, although it's debatable whether 3 years is an ample amount of time for such a big milestone. Maybe keeping the banners up for another few years is the right approach. If Uptown China sticks with the banners until at least 2042, they can simply add...

The secret to investing at the optimal time (hint: the best time is now)

Image
A market timing strategy that even a monkey can do An old adage in investing is to buy low and to sell high.  It seems so simple that even a monkey could do it. Unfortunately, if it really were that simple, most of us would not be working anymore. All sorts of books promise to teach you how to time the market. One titled Market Timing for Dummies promises to teach you how to �use a wide away of market-timing tools� to help you �make money in any market�.  Despite the complexity of timing the market, one simple strategy will help you come out ahead all the time. The difficulty of timing the market In the last 13 years alone, we�ve experienced two crashes, one caused by the dot com bubble bursting in 2001 and another caused by the sub-prime housing crisis in 2008. Selling immediately before these crashes and then repurchasing your investments at the trough would have been extremely profitable.  Yet, timing the rise and fall is close to impossible. Several analysts predicte...

Sleepless in Seattle houseboat fetches over $2 million

Image
Sleepless in Seattle houseboat Floating near the west shore of Lake union is 2460 Westlake Ave North, better known as Sam Baldwin's houseboat in the 1993 romantic comedy Sleepless in Seattle , starring Tom Hanks and Meg Ryan. The home recently went on the market and offered the rare possibility to own a piece of Hollywood history. The previous owner held onto the property for over 21 years before looking to cash out. On a recent afternoon, I decided to kayak to the home to see it up close. The houseboat is one of the largest on Lake Union with over 2,200 sq. ft of space and features unobstructed views of the water and the Seattle skyline. Directly out front, a steady stream of paddle boarders, kayakers, and boats cruise by for a glimpse of the famous home. During the busy summer tourist season, Ride the Ducks tours join the procession. The buzz of propeller engines from Kenmore Air seaplanes, which ferry passengers between Seattle, the San Juan Islands, Victoria Island, and other...