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Focusing My Efforts

Focusing My Efforts - Stairway of PhiThis past weekend, I was pulling weeds.  I really should have taken care of them a week earlier and some had grown really big, but better late than never, right?  While doing so, I reached a conclusion that I'm sure anyone who's pulled weeds has - it's really hard to get those weeds with big roots with just my bare hands.

Then I came to a brick walkway, leading from the driveway to the backyard.

This area didn't have many weeds.  In fact, the weeds that were coming through were all puny in comparison to those I had just finished plucking.  In addition to being small, every single one of them remained intact when pulled (resulting in me also getting their roots, unlike some of their larger counterparts).

Seeing this, I was able to identify with these pathetic weeds and realized something about myself and StairwayOfPhi that needs to be addressed.

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Posted in Backstory, Entrepreneur, Psychology and tagged , , .

The Rubber Band Theory

Rubber band Theory - stairway of phiLast month, I downloaded an application Stock Trainer for free from the Google Play Store, using it to attempt to turn a profit day trading using virtual money (so nothing real).  Throughout the month, I had great results - at one point having gained over a 33% return, ending the month with just over an 18% return.  Though on such a short term (and no 3 day wait period after 'sells'), I can't claim that this strategy will always work.  However, after having such good results, I determined it was time to take the play gloves off and try it again - this time with real cash!

Earlier this week, I registered with Robinhood - a fairly new, completely free, real-time stock trader.  (By completely free, I mean no service charge and NO user commission charges which is great!)

Having such a long wait period in between sells (unlike Stock Trainer, which allowed you to make a new buy instantly), I'm sure the way I handle the day trading will change in ways that I cannot currently anticipate.  However, I'm planning on going into it, implementing the strategy that did me so well last month - something I call The Rubber Band Theory.Continue reading

Posted in Investing and tagged , .

Site Update 5-7-16

Hey, everyone.  Last night WordPress went and updated itself on me without asking my permission.  Unfortunately, since, I've found a lot of broken functionality on the site.  I've fixed a few of the issues already, but for the time being, it appears that all Login functionality is out, as well as the ability to comment and access account information.  There's also an issue with the forum not linking to the proper locations.  I'm hoping I'll have the issues fixed by today, but I've got a lot of code to go through...  Thanks for your patience.

Posted in Site Maintenance.

How To Make A Website With No Previous Experience

How To Make A Website with No Previous Experience - stairway of phiI've had many private questions regarding how to make your own website, the process involved, and how difficult it is to do with no previous experience.  Because of this, I'll be dedicating today's article to the topic of "how to make your own website", creating a step-by-step guide of EXACTLY how I've developed StairwayOfPhi, having no prior website developing experience, and the challenges that I faced.

You might be interested in owning a website for a number of reasons, but regardless of what reason it is you should get one right now.  In the modern world, the internet is the tool which connects us all and not being a part of it is only doing you a disservice!  Businesses of any size should have one to show their wares, as well as provide information on their services to their customers.  Job-seekers can use their own website to make an impressive portfolio (plus, if you work with computers, owning a website is proof that you know how to use modern technology!)  Bloggers can use them to get their opinions heard and entrepreneurs can use them to cheaply reach large audiences.  And everybody with a website has the potential to make self-provided money from it!  Any amount of money coming from yourself is worth pursuing, in my eyes.Continue reading

Posted in Entrepreneur, Get Started, Independent Revenue and tagged , .

Phi's April 2016 Update

phi's april 2016 updateThis month, I've slightly expanded the graphical content which I first implemented last month and was able to see (in the "Track Phi" graph) a visible difference in the accumulation of wealth!  (I'm also trying to write less in these monthly updates, as I believe these articles will be enjoyed more for their math and pictures than their words.)

 

 

 

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Posted in Uncategorized and tagged , .

Bologna Taxes

bologna taxes - stairwayofphiWhen it comes to disliking taxes, I'm no visionary.  I, like many others, do everything I can to avoid as much as legally possible to keep my piece of the pie out of self-interest.  But if you make money, taxes are unavoidable.  Well, at least our tax dollars are going to help people in need, though.  ...Right?

Unfortunately, I reached a discovery yesterday which made me question the effectiveness of the federal government and realize just how a huge chunk of taxes are a bunch of bologna.Continue reading

Posted in Entrepreneur and tagged , , .

Get Paid To Eat Chocolate

How I Get Paid To Eat ChocolateToday I got paid $3.50 to eat two bars of Hersey's special dark chocolate.  Yep, it's true.  I get paid to eat chocolate.  Where to sign up, am I right?

Ever since reading The Millionaire Fastlane, I've been racking my brain to recognize the opportunities in our lives that often go unnoticed.  At first, it was difficult, but actively striving to be creative and observant ended up rewiring my brain - now it's paid off!  Doing so, I've come to realize that there are opportunities everywhere!

Getting paid to eat chocolate was just one of the many new-found opportunities I've discovered since!  This wasn't an opportunity that required me to be a genius or to have a ton of money - all I needed was to pay attention to the needs of those around me!  Please allow me to elaborate.Continue reading

Posted in Independent Revenue and tagged .

How To Give Yourself A Bigger Raise

How To Give Yourself A Bigger Raise - StairsAt work, my group has undergone several manager changes since I've been employed.  Currently, we have a temporary manager while the upper-level management tries to find a suitable fit for our batch of guys.  It's expected to be roughly a month before we get a new, more permanent manager.  Earlier this week, though, I got to see my last manager walking around our building with a stack of letters.  I knew that could only mean one thing - raises!

Ah, my first raise - how exciting.

Everyone at the company got one, so it isn't like I'm a top performer or anyone exemplary there.  In fact, like Mike Judge's character, Bighead, being unassigned in Silicon Valley, lately I feel I've been doing very little, so I don't believe I actually deserved any additional compensation.  But I'm not going to refute it - more never hurts!Continue reading

Posted in Personal Finance and tagged , , , .

The Power In Lists

The Power In ListsIn college I was a resident assistant.  The Housing department took their job (and ours) very seriously.  As a mandatory RA requirement, we were forced to take a 3 hour course on leadership - specifically relating to our jobs.  The course was mainly centered around personal development and the different styles of leadership.  Occasionally, we would perform activities focused on our own communities which was useful, but for the most part, the class was a joke.

I came to realize just how many of the resident assistants surrounding me thought of themselves as some sort of enlightened advisers, sporting 'holier-than-thou', third-level mentalities.  The class concluded with the lesson "Leadership can't be defined, everyone's a leader!"

Rubbish.Continue reading

Posted in Psychology and tagged , .

Phi's March 2016 Update

Phi's March 2016 Update - Snowdrop Flower

This month I'm changing the way I do my monthy reflections.  I've felt something wasn't quite how I wanted it with my monthly updates, but couldn't put my finger on it until today - they lack reference!  I want StairwayOfPhi to be a place where newcomers can use as a tool of reference and having to sort through my articles to pull out and track net worth, liquid assets, income, etc. isn't alright!  From now on, I'll be showing real-time just how quickly wealth really accumulates!

Starting this month, my monthly updates will be a lot more cut-and-dry.  All the work will be done for those who want to analyze my efforts and progress.  Rather than having text updates condensing what's happened in the past 30-ish days, my monthly update articles will have hard figures (visualized in the form of graphs).  In the event of a deviance, I'll give specific explanations as to why my figures grow/shrink/perform unexpectedly.  And, as always, if something doesn't make sense, feel free to leave a comment!

On top of the new mathematical reformat, I will STILL be doing my monthly book reviews.Continue reading

Posted in Backstory, Independent Revenue, Investing and tagged .