Here is a slide show recommended by Rob Carrick of the Globe and Mail:
http://moneyland.time.com/2012/07/11...-main-lede#all
Here is a slide show recommended by Rob Carrick of the Globe and Mail:
http://moneyland.time.com/2012/07/11...-main-lede#all
Two things I would never buy used- mattress and couch. Getting rid of bed bugs and cockroaches costs a lot of money- not worth the risk.
Good idea with the home decor. Never thought of that.
Buying a used bed is not a good idea. Wait until the 70% off sale and buy new... A good bed last decades--why cheap out?
Buy video games on steam. "A" titles often go for 50-75% off, especially around Christmas, and no more worrying about dvds and such. Also thousands of games available at less than $10.
Here's a related article: http://www.moneytalksnews.com/2012/0...ldnt-buy-used/
I almost always buy everything used, aside from beds or padded furniture due to the possibility of bugs- a serious issue in Vancouver. I do buy new computers and most camera gear, though. I feel it's a great waste of resources to produce and ship articles that I can get second-hand, and I'm not making some retailer richer.
"What good is money if you can't inspire terror in your fellow man?"- C.M. Burns
Original link is dead to me now. My two cents worth - closed end mutual fund IPO's.
I did this last year, and happened to get lucky with Taylor NA Opportunities Fund, run by a value oriented guy with a good track record launching his own fund after past fund swallowed by a big bank a few years earlier.
I have gotten lucky, with modest gains to date, but a detailed read of the prospectus for something else after I bought turned up that of my $10 IPO price $0.40 was going to the crowd getting the shares underwritten, and only $9.60 was getting into the hands of the manager. Now I did not pay commission to buy it, so that maybe should ease the pain a bit, but I was not briefed of this by the dude who brought this product to my attention.