Retail therapy for a 50s years old

Sept. 22, 2019

Introduction

It is a totally different understanding of money, rich and wealth. I am 53 years old, in less than one month I will turn 53 years old. I am facing so many challenging in my personal finance, I do not save enough for me to fall back on, if I lose my full time job, I do not have income stream. My condo in Boca Raton, Florida has one bedroom empty this month.

Retail therapy

I just talked to my roommate who bought a $250 Canadian dollar rain boots, just over 30 years old. I told her that if she purchase a pair with $40.00 dollars. She can purchase $200 dollars stocks, after 10  years, the stock goes up 10 times more. For example, Apple stock in 2008 is less than $10 dollars, now it is over $200 dollars.

I can quickly find the blog I purchased over $5000 dollars clothing from 1998 to 2002. I spent over $2700 dollars on ROSS back from 1998 to 2002. I checked ROSS stock goes up mostly compared to other ones.

Actionable Items

I have to examine my emotion and thought process to purchase in ROSS starting from 1996 to 2015. I understood that I did not learn the basics of frugal, and importance of minimalism and stock and investment.

I will spend some time to do research on ROSS stock. It may be a good idea to purchase ROSS stock continuously like shopping trips I had before.