windfall

Hoopde for sale. Starting price - $500. Winning bid - $226,521.

Posted November 19, 2008 - 10:25 by Paul Michael

Frugal Living, Life Hacks, Making Extra Cash, Cars and Transportation

Crappy old car

I love stories like this. It gives me hope that one day, something “worthless” sitting in my garage will instantly fill up my daughters’ college funds. In this case, the seemingly worthless item was a rusty bucket of bolts called a 1963 Pontiac Le Mans Tempest. When I saw the pictures, I was surprised at the high starting bid of $500. Imagine how the owner felt when it netted him almost a quarter of a million dollars.

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Creating an artificial windfall generator

Posted October 1, 2007 - 02:20 by Philip Brewer

Personal Finance

Everybody enjoys getting a windfall. One of the attractions of the lottery (besides the infinitesimal chance that you might win a life-changingly huge amount) is that the smaller winning tickets produce little, irregularly spaced windfalls. In fact, some lotteries are deliberately set up to work like this.

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It's all your money

Posted September 26, 2007 - 15:02 by Philip Brewer

Personal Finance, Budgeting

Guitar, camera, game console, iPod, CDs, Krishna sculpture

Sometimes you get a windfall--a bonus, an award or reward, a gift, a long-forgotten loan unexpectedly repaid. When that happens to you, do you use the money to make a special purchase? Let me suggest an alternate way of thinking about it: It's all your money.

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