getbrokequickly.org

So today I was about to spend a boat load of money to invest in iPods. I am pretty sure that they are a great investment. If you think I’m crazy, you should look into the commodities and futures exchanges. They invest in things like wheat. We all know that iPods are a much better investment than wheat. People always want to buy iPods, who the hell cares about wheat? Maybe cereal makers, but that’s about it.

Anyways, I had the ability to buy a bunch of broken iPods, but I didn’t end up going through with it. I ended up being out-priced in the end. I was willing to spend up to 1.5k on 53 iPods, but they ended up going up to 1800 dollars. Here’s the website that I used: http://web.liquidation.com/auction/view?auctionId=1884601. The total price per ‘pod would be approximately 33 dollars. I don’t know if that was something that I could have overcome, so I didn’t go through with it. I’m probably going to watch for a while though and see what happens. Maybe this will be a new business venture.

This is the first post of Get Broke Quickly. I decided that I didn’t want to continue saving money and everything, so instead I am going to learn how to Get Broke Quickly. With the way that the economy is going, who knows if cash will be worth anything tomorrow or the next day. I hear gold is a good investment, but what can you do with gold? I think instead we should all just spend our money and live while we can. Invest in shiny new cars and boats. Build up your debt, because you always have the option of foreclosing!

I was reading GetRichSlowly and J.D. entered a post entitled “Die Broke”. In there I presume that he talks about spending all of your money so that you actually enjoy life, because who needs money when they’re dead? I only read bullet points, so here’s the bullet points that I noticed:

• Quit today. This is a great idea. I’m going to quit my job. Working is not fun, why waste my time on it?
• Pay cash. This is awesome when you realize that you can use those checks your credit card sends to you in the mail and take out a bunch of cash. Wouldn’t it be awesome to buy a car with a duffel bag full of cash?
• Don’t retire. How can I retire if I don’t have a job? See bullet #1 above. Also, if you don’t retire you don’t need to save for retirement. Good bye 401k!
• Die broke. You don’t want your children getting any of your money anyways. You earned it.

I didn’t read the rest of the article, but I assume it’s all pretty much the same. Quit your job, use credit cards to get cash, don’t ever retire, and die broke. Perfect.