Minimum Wage Ninja

There I said it.  Up there in the title.  This post is done. This is not advice, but do as I say. I only put my money into stocks.  They have the highest return out of most of the asset classes. If you want a better career or want to start a business, then you may dabble in those fields. But at the end of the day when we're still taking home minimum wage, ya need to turn to your old faithful friend.  The stock market.

Dollar cost averaging is where you invest the same amount every month, no matter what. Because we need another financial obligation.  Gonna do great for my stress levels. Forget about it. Just buy everything that you need and want, then invest the rest. Last paycheck I had twenty bucks left over.  So I invested twenty bucks.  If I win the lottery next month and have a million dollars left over, then I'll invest a million.  If my tax check comes back and I have a thousand dollars left over after buying everything that I want, then invest the thousand. Forget plans, forget stress, and forget obligations.  Just do whatever you can.  Compounding will go to fight for you.

These are the top twenty myths about retirement. Not really, because ya know, everyone knows what retirement is. That's when ya quit your crappy job and do whatever you feel like doing. No myths there. More specifically retirement is when you no longer need to sell your time for money. Ya get that way by just getting started.  No matter how small the amount, compound interest will step up to fight for you. I believe it was Albert Einstein who said that compound interest is the eighth wonder of the world. That guy was pretty freaking smart.  If he thinks compound interest is number eight in the world, then ya best be taking advantage of it.

There is one secret to saving money that will change your life forever. Buy a washcloth. There it is, that is the secret to success. "Now wait just a minute." you might say.  "How am I supposed to get rich by buying a washcloth?" Well I'll tell you. From now on we will refer to it as the shit rag. The purpose of the shit rag is to replace your spending on toilet paper. Seriously throw all that toilet paper away.  From now on use the shit rag. "But wait just a minute." you might say.  "That thing will be dirty." That's why buckets were invented. If you want water then you better get used to scattering buckets around your yard and waiting for it to rain.  You should only be taking showers in the rain anyways. Now that you have buckets full of water you can use one to wash out your shit rag. The important thing is that you're not spending money on toilet paper. Money saved = money invested. There are more ways...

Wow there is so much great facts at this website. - The median annual wage is 36,200 (summary page 33). - Those who make between 8,000 and 31,000 a year fall in the second 20% of society, or put another way, from 21 to 40%.  They have $42,000 in income, pay $7600 in taxes (summary page 35). -  Those in the second 20% claim $38206 of disposable income, yet consume 50,750 dollars worth (summary page 38).  Only the top 20% have more disposable income then consumption.  (summary page 38). - 29.8% of the people are obese (summary page 39) -The second 20% have $145,000 in assets and 32,000 in debt, meaning that us minimum wage earners have an average net worth of over $112,000!  (summary page 47). Consuming roughly 50,000 worth on a minimum wage paycheck is not even close to my experience. Neither is having over a hundred grand in net worth.  How do you all do it?

If you give a man a fish then he will eat for a day, however if you teach a man to fish then he will eat for a lifetime. The only problem is, I really don't want to eat fish anymore. I was taught to get a good paying job, and then the authorities and leaders in my life would look after my interests.  But what really happened? The supermarkets are full of poison. Education never once taught how to manage money, or how to have a healthy diet. Work grants you a forty cent raise. Till death do us part ends with high divorce rates, and leads to a fifty percent loss (or more) of capital. Your fishes are all toxic! Yet there are good things out there. The standard of living is high. The luxuries like water and electricity are nice. You have the right to speak out against the government and not worry about dying. So if all these good fish are out there, then why are all the fish that I'm being given toxic? It is because you cannot trust your authorities.  They ar...

I work 60 hours a week and on my own initiative I correct millions of dollars in mis-charged inventory. So when I heard that raises were coming I got excited.  Finally I would be given my due for all the hard work that I've done.  My boss surely sees the excellent work that I do and will reward me, right? Forty cents.  That is all the raise was.  Meanwhile everyone else in the factory has gotten so many raises over the past two years that a person can have no experience, no qualifications, and get hired on full time to make more money then I make, even after the raise. So now I"m conflicted. When I found out I was so angry that I couldn't even speak.  I've given two years of my life to becoming a valuable member of the business, and the guy doesn't even value me as much as someone new off the street?  IF I PUT THE COMPANY INTERESTS FIRST, THEN THE COMPANY BETTER RETURN THE FAVOR AND PUT MY INTERESTS FIRST. Yet a part of me is thankful for the forty...