We'll I'm here in Austin, Tx. lying on my bed in the Awesome suite at the Holiday Inn Express. The rooms are actually very nice and I am using the free wireless internet to type this.
I was able to sell some of the items on ebay and will post the results sometimes when I get back and actually ship everything out. One item is going to Australia.
Monetizing this Site.
On June 1st I plan on putting a hit counter on this site to moniter the amount of traffic this blog is receiving. After one month I will start selling text links that are financial related. All proceeds will be posted here, for everyone to see.
My company. I can't remember if I mentioned it already or not, but I own a company. I am about to shake things up a bit, by closing a whole division! I will have a whole post about this soon!
I get this question a lot. "What Stocks should I buy?"
Not an easy question, do you want growth, steady income, inflation hedge, when do you retire? All of these questions have to be answered before you need to make any decisions on stock.
Also, you need to do research, does the company make money, have good management, facing any new competition? You want a great company that will last and will be able to ride any rough tides. (This applies to investing, not trading)
I always suggest that you get yourself a practice account, just to test any strategy. Currently CNBC.com is running a stockpicker challenge with weekly prizes. At one time I was in the top .03% of accounts. I have fallen a bit but I have faith that I will be back up there.
Last time I posted about how we were going to try the envelope stuffing thing, well, after reading the materials that were sent to us, we decided that we were being scammed, 2 of the ones said we would make 50% commission from selling roses and alarm systems, We would have to stuff the envelopes with the catalogues and hope we got an order, but it did not describe how the company would keep track of the orders we generated. The other one wanted us to send a deposit, but it would only accept cash, but it had a great tagline, $9 per envelope. So, needless to say, we will not be sending any money to any of these companies, Also we tried calling the BBB from where these envelopes originated, but it was the weekend so we got no answer.
Well, everyone is getting free money from the goverment. I got $600! yay!
What am I going to do with it? invest in something of course!
What people should do with their stimulus check. The government wants you to spend it. I want you to save it, at least part of it. Here is what you should do, (given that you get $600 also)
$150 needs to go to a savings
$150 to investing (different than savings)
$100 to pay on credit card bills
$100 to put toward an extra payment on car or house or etc...
$100 to give to yourself to do whatever you want, (movie and dinner, mini vacation etc...)
What I am going to do...
I am going to use $100 of it to try a new experiment. A small town about 20 miles away is having a flea market this weekend. Well before work on saturday, I am going to visit them with my $100 and see what I can buy and resale on ebay! I will then deduct all fees and what I paid for the items and deposit the remaining into my money market account and count it as made money! (I hope to have pics and links to ebay by sunday!)
Some of the money is also going to go toward a credit card payment. Some into a savings. I am going to add another $40 toward my day trading venture. And I would like to take a 2-day mini vacation on my next 2 days off before my intership starts. I also have another friend that is wanting to invest in something with me, so some will go toward that!
The prosper loan thing...
I was outbid on the first loan that I blogged about the other day, but I submitted a second bid on another loan, I ended up winning and I paid $51.99 to get a 14% return on it.
Well, since I am now done with classes for a few weeks, I will now have more time to work on making money!!!!! (I still have a may-term that I am working on)
I am going to try day trading, well, kind of, I am going to place limit orders everyday and see if I can at least quadruple my money market account balance. I am putting my money market balance with some other money that I have to see how I do for the month.
I also now have enough funds in my personal loan account to start bidding on another loan. I am currently bidding on one with about a 15% return on it! Like I said, if you want to join Prosper.com let me recommend you and we will both get $25!
I am also trying a little experiment with two other friends. We plan on "stuffing envelopes" to see if someone can actually make money at it. I am going to front all start-up costs. I just mailed off for the information today, so I will keep you posted.
Those are my plans for May and don't forget I start my internship at the end of this month, so I will be very busy. I also plan on trying to sell some items on ebay this month, probably tuesday! I will post when they are listed!
Also, I might have a possible post about a friend getting a second summer job to help make ends meet!
Oil is going to $150 to $200 per barrel by the end of this year and regular unleaded is going to go 20-30% higher per gallon. For me in Abilene, tx, that equates to about $4.20-$4.80 per gallon! i drive a 2004 Dodge Ram V8 1500 pickup truck. When I first got this truck in 2006 it got 13.7 mpg, I have gotten it to 14.5 mpg. I am already spending $300 or more per month on gas expenditures, making it harder for me to save $. So, here is what I plan to do...
Drive Less and try Gas tips to try and increase my mpg. I was looking for a new vehicle that got around 20 mpg, but gave up looking because no one wanted to give me a fair value for my current truck. I may try looking again after my income tax comes in.
I normally get 2 days off from work a week and now that classes are over, I plan to not drive for an entire day every week! That alone should cut gas intake by about 14%.
I also found these gas tricks from wikihow.com
Don't drive. Don't drive a car when you don't have to. Ridesearch or Carpool, walk, take the bike, or take a bus. These will not only save gas, but also will help save our environment and may be better for your health. Do you really need to drive to the store that is only a couple of blocks down the street?
Get a better air filter. More efficient brands of air filters cost a little more but will pay for themselves in most vehicles in fuel savings. (I am going to check mine)
Get Low Resistance Tires. Some tires, such as Michelin Energy MX 4 Plus are supposed to increase gas mileage. (yeah, but they cost over $100 per tire, how long to recoup those cost?)
Get a membership card. Some gas stations offer membership benefits. There are also department and grocery stores that give discounts at the fuel pump when you use their store membership cards. Make sure you understand the benefits; getting a 5-cent discount on gas that consistently costs 10 cents more than the next guy isn't much of a deal. (I have a card to the Flying J, I save a penny per gallon, pay with my credit card that saves another 5%, and they have the cheapest gas in town!)
Give your car a tune up. While properly maintaining your car won't actually save you money at the pump, it will save you gas. Using less gas saves you money. Have the oil changed, and have a certified mechanic give your engine a look over.
Check the web for deals. Web sites let you find the best deals in your area. Check out the external links below to start.
Buy a Diesel. Diesel cars can often get better mileage than comparable hybrids. Getting a Diesel car also allows for use of Biodiesel or even Waste Vegetable Oil (WVO/SVO) fuel.
Buy a hybrid car. Not only do hybrid cars give you immediate savings at the pump, the U.S. government and your local state offer tax breaks for people who use gas-saving cars. Federal deductions for using gas-saving cars can be as high as $2,000.00, but check before buying to see if they're still in effect. If you can't afford the growing number of hybrid cars out there, consider getting a regular car with good MPG (miles per gallon). In general, the smaller the car, the better the mileage. (my next vehicle will be a hybrid, not only because of the gas, but for the environment as well.)
Reduce your commute. Move closer to work, work closer to home, or take public transportation to your job. While you're considering spending all that money on a new hybrid or diesel vehicle to 'save money', you could move closer to your job, or get a job closer to your home. Then you will be able to walk or ride a bike on nice days, and spend a lot less time in the car when the weather isn't so nice. You may even be able to get rid of one family car. If you walk or ride almost all the time, it doesn't matter what sort of mileage your current car gets while it collects dust in the driveway. (Yeah, im not moving closer to work, i dont want to be there in the first place!)
Use the lowest recommended octane for your car. The lower octane gas is cheaper. Most modern cars are engineered to run most efficiently on lower octane fuel, and often recommend not using higher octane fuel. Check your owner's manual to be sure, as not all car engines should use lowest octane gas. (use what is reccomended in your owners manual)
Mix octanes. In some areas, the lower octane may be too low for your car and the mid-grade or higher octane may be more than what you need. To avoid overpaying and still get the correct octane for your car you can mix the gas. For example, if your car takes 87 octane and the pumps have 85 octane and 89 octane, then when filling your car, fill half the tank with 85 octane and the other half with 89 octane and this will give you an equivalent of 87 octane plus it will save you money because the lower octane gas costs less.
Avoid idling. While idling, your car gets exactly 0 miles per gallon. Although starting the car used to use a lot of gas, it's now the same as idling for about 30 seconds. Idling to warm up is particularly bad, as the engine needs extra fuel to warm up. After start up, allow your car to idle 15-30 seconds, then drive conservatively until it reaches normal operating temperature. Park your car and go into the restaurant rather than idling in the drive-through. Idling with the air conditioning on also uses extra fuel.
Stopping and starting the engine frequently will cause extra wear. Don't stop the engine if you are going to idle for less than a minute.
In very cold environments, it is recommended to allow the vehicle to idle and warm up, rather than just start it and take off. You might save gas, but your engine oil won't do its job until it's fully liquid, so you'll spend more money on overhauls.
Combine trips. If you can do several short trips in one longer trip, you will save fuel and time. Make lists to avoid having to go back. Call ahead to avoid wasted trips.
Walk between stops. Once you get into town, some of your stops may be near each other. Park between some or all of them and walk.
Plan your trips in advance. This can prevent wasting fuel and wasting time. Plan to use alternative routes. Often back roads can prevent you from stopping at traffic lights and more importantly sitting in traffic jams.
Buy a GPS system. Global Positioning Systems help you navigate to find the fastest and shortest distance to your destination. A good GPS can save you time and fuel. Also the cost of GPS systems has really come down and you can get a good GPS system for around $350. Also, there are some creative ways you can use GPS systems to save money on gas. For example, you could use a GPS to calculate how far away you are from the next state and if you know fuel tax is less in the next state, just put enough fuel in to get you to the next state and fill up with gas where it is cheaper. (I bought a TomTom, because i needed a GPS and I liked the name!)
Check the tire air pressures weekly. Buy an inexpensive air pump and an accurate tire gauge (not a pencil gauge as they are not accurate). Keep all tires inflated to the pressure as recommended for your car. Go by the tire wall; the sticker on the door frame, fuel filler flap, or manual is for comfort, not fuel efficiency. Generally speaking, a slightly higher pressure will improve fuel mileage and handling, but too high will degrade traction and wear the tires rapidly. (I will check this today!)
Drive at a consistent speed. Avoid high acceleration and hard braking. Use cruise control when you can.
Maintain a safe following distance. Don't stick to the bumper of the car directly in front of you. You will brake more and accelerate more to keep that unnecessary and dangerous narrow gap. This also gives you a lot more room to play with when you are timing traffic signals. Likewise, ignore tailgaters. They will tailgate you whether you go the speed limit, or 100MPH over the speed limit. Allow them pass when it's convenient.
Slow down. Air resistance goes up as the square of velocity. The power consumed to overcome that air resistance goes up as the cube of the velocity. Rolling resistance is the dominant force below about 40 mph. Above that, every mph costs you mileage. Go as slow as traffic and your schedule will allow. Drive under 60-65 since air grows exponentially denser, in the aerodynamic sense, the faster we drive. To be precise, the most efficient speed is your car's minimum speed in it's highest gear, since this provides the best "speed per RPM" ratio.
Clean out any unnecessary items in your car. If you have heavy objects in your car that you don't need, remove them. If your car is lighter, it will use less fuel to get where you're going.
Remove unneeded racks. If you have a bicycle or ski rack, remove it when you're not using it. It causes drag and lowers mileage. (Great idea, I just cleaned the junk out of the bed of my truck)
Don't fill until the last quarter tank. If you do this, it can extend your gas because you are hauling a lighter load as the tank nears empty. This also allows you to buy gas on low-cost days. However, in cold weather, you run an increased risk of condensation in the fuel tank. And you never know when you might be in an emergency and need some gasoline in your car!
Fill the tank full. If you need to fill up, fill up all the way. The more money you try to save by adding $10 today and then $20 tomorrow will be wasted since each time you will have to travel to the station and wait for a pump. Instead, do it all at once to save time and money.
Determine whether gas with ethanol is right for your vehicle
If there is a high proportion of ethanol, the lower energy content of the fuel will almost always lower mileage. However, 10% or less ethanol actually helps gasoline burn more completely, resulting in better economy.
Fuel with ethanol may be more expensive than standard gas, but the minimal price difference is often offset by lower fuel taxes or subsidies.
Ethanol is much better for the environment, however, fuels with ethanol additives can corrode fuel lines in vehicles not designed with ethanol fuels in mind.
Turbocharged cars often get better mileage with ethanol blends. This is because the higher (over 100!) octane of ethanol permits more boost, which means more efficient fuel usage.
Avoid having to stop. If approaching a red light, see if you can slow down enough to avoid having to actually stop (because you reach the light after it is green). Speeding up from 5 or 10 miles per hour will be easier on the gas than starting from full stop. (but dont run red lights)
Anticipate the stop signs and lights. Look far ahead; get to know your usual routes. You can let up on the gas earlier. Coasting to a stop will save the gasoline you would otherwise use maintaining your speed longer. If it just gets you to the end of a line of cars at a red light or a stop sign a few seconds later, it won't add any time to your trip. Ditto for coasting to lose speed before a highway off-ramp: if it means you catch up with that truck halfway around the curve instead of at the beginning, you haven't lost any time. (Do not coast to slow down until you're in the exit deceleration lane, unless you have checked your mirror to make sure you won't interfere with non-exiting traffic in the right-hand travel lane.)
Take off slowly from a full stop. This is one adjustment that will have dramatic effects on your gas mileage; don't tear off from a stoplight or stop sign! If you move out slowly, it will help save you money at the pump. Also, if you are driving a stick shift, note that 50% throttle at 1200 rpm's uses less gas than 10% throttle at 2500 rpm's. As long as the engine is not lugging or pinging, shift as soon as possible and use plenty of throttle. The engine is more efficient when it does not have to pump air past a closed throttle plate. Warning: The last part of this advice is only true for fuel-injected cars or those with constant velocity carburetors.
Park in the first spot you find. If you wander all over the parking lot looking for that really close parking space, you'll use more gas. Don't be afraid to walk a ways if it comes to that - the walk will do you good! (i need to walk anyway)
Stay well away from store fronts Even if there is a space open there, avoid it. If possible, avoid parking lot lanes that bring you near the stores. You will spend significantly less time getting in, and less time blocked in because of pedestrians and other vehicles. More spaces to choose from, and fewer keys and loose carts further away from the doors, too.
Use A/C only while slowing. This is sometimes enough to keep your vehicle at a reasonable temperature without using fuel and going easier on the brakes. You can also use the A/C to cool the car and then switch to the fan only. (Turning on the A/C at low rpm's may save the compressor from a "jolt" and additional wear.) (we do this in Texas anyway)
Shift into neutral if you are not comfortable with downshifting. Standard transmission vehicles may save gas by shifting into neutral when going down hills steep enough to maintain speed (although engine braking is safer on steeper declines). Do not do this in a Hybrid car, they use this "regenerative engine braking" to generate electricity and charge the batteries. NOTE: This strategy will result in more wear and tear on your brakes. Neither of these strategies is recommended for normal automatic cars. Also, if you own a car with fuel injection, it is more efficient to keep the car in a high gear while going down hills. Simply take your foot off the gas. ( i really dont like this tip, it sounds dangerous to me)
Park in the shade. Gasoline actually evaporates right out of your tank, and it does so faster when you park directly in the sun - winter or summer. Parking in the shade also keeps it cooler inside, and you will need less A/C to cool off when you get back in. If there is no shade available, park so that your gas tank (the actual tank under the car, not the valve to fill it) is facing away from the direct sun.
Drive a small motorcycle or scooter instead of a car. They are cheaper and often get 70 MPG or better. Riding gear is available for most weather conditions. A good example is the Kawasaki EX250, which costs about $3,000, gets 60-70 MPG at highway speeds, and can go 0-60 MPH in under 6 seconds! (i am thinking about a golf cart to go to the post office and back in my small town)
Use a synthetic oil instead of mineral oil. This will cause your engine to run better and give you better mileage. (Synthetic oil is more expensive than mineral oil, per gallon.)
Get a credit card. Some right credit cards offer gas savings when you use the card for purchases. This works in much the same way that some credit card companies allow you to earn frequent flyer miles when you use their card for purchases. But watch for interest rate charges. However, some stations still charge a higher rate for using a credit card. (got one!, thanks American Express)
Gas prices are statistically the cheapest on Wednesdays, but this is only statistically true over a large number of days. It won't be true every week.
Getting a fill-up three days before a holiday will help you save on the price bump.
At every oil change, check your air filter. Clogged air filters cause engines to work overtime which requires more fuel. Reusable air filters are not recommended, as they can destroy expensive Mass Airflow Sensors if they are over-oiled. A quality paper filter does a better job of filtering.
Use a fuel injector cleaner or complete fuel system treatment occasionally. Not only will you see a boost in gas mileage, but in your car's overall performance. Fouled injectors vaporize fuel poorly, affecting how completely the fuel is burned. (i try to do this once every 2 months)
Most car modifications do not improve mileage. Extra wings add drag. Power improvements often hurt mileage. However, if your car is turbocharged, chiptuning may result in a mileage boost. The mileage boost will be canceled out if you drive more aggressively due to power improvements.
Many of these tips change slightly if your engine is turbocharged or diesel. For instance, diesel engines use almost no fuel while idling. Diesel trucks will often be left idling all night to provide heat or power for the trucker inside the cab, at the cost of relatively little fuel.
Wholesale unleaded is now a traded commodity. Watch the futures price as it will forecast price at the pump, which will be about equal to the wholesale price plus taxes plus about a nickel per gallon for the station.
Keep meticulous records of what you spend and how many miles you drive so you can quickly spot changes in vehicle performance. It will also help focus you on the goal of saving.
Every MPH faster yields you less advantage than the last one. Going 10MPH is a big difference over 5MPH, but there is very little difference between 55MPH and 60MPH, unless you are on a very long trip. Many people mindlessly speed wherever they go, and gain absolutely nothing but a heftier fuel bill. Assuming everything goes perfectly (and when does it?) going 5MPH, even 15MPH faster on a highway for a short trip will yield nothing but aggravation as you keep catching up to slower traffic.
Slow down a little below the speed limit, and the highway can seem like it is wide open.
Often the right-most lanes keep moving more than the left-most in areas prone to traffic-jams. Vehicles continue to exit, which keeps leaving 'gaps' to fill in.
If you weren't already about to buy a car, don't buy a brand new car to 'save money' on fuel, especially if you own your current car outright and there's nothing especially wrong with it. It's hard to burn a new car payment (and additional registration taxes and insurance) worth of fuel savings. A new car loses thousands of dollars of its value as soon as you drive it past the dealer's curb, so consider how many miles you'll need to save in order to save that value in fuel.
Think especially hard about the 'savings' if you're exchanging a vehicle that has other kinds of utility that you often use (more passenger positions, more cargo, towing, hauling yard debris, etc.) for a small car that offers economy, but only 'basic transportation' and little cargo space. You might find yourself trading in the little car and buying something similar to what you already have now.
If you frequently need a truck, do you need a shiny, new one for your every day commute? Could you live with a 'junker' truck that you use infrequently for those messy jobs and errands (and maintain yourself through a policy of 'retarded decay'), while you drive a smaller, more efficient car for daily use?
A manual transmission saves an average $1000 on the cost of a new vehicle, and eliminates routine transmission maintenance that an automatic transmission requires (and most people never do this maintenance once the warranty is up - so a used car with an automatic is a risky purchase). In most cases, an automatic transmission gets significantly worse mileage overall than a manual transmission. (uh-oh)
Neutral is also a 'gear' on a manual transmission, which you use constantly anyway. Learn how to coast between traffic lights, applying power only as needed to keep the car rolling (more or less) with traffic. Learn to judge terrain and use neutral to its full potential to keep the car moving 'for free', and save more gas over time.
'Regenerative braking' recovers far less energy than acceleration requires to replace the momentum it loses. To 'coast' further without regenerative braking excessively slowing your automatic transmission equipped hybrid, putting just the right pressure on the accelerator can prevent the 'regen' drag without adding engine power (i.e. if done right the engine won't start AND the regenerative braking won't kick in). With manual transmission hybrids, just leave it in neutral to defeat 'regen' and coast further.
Try to schedule your trips and errands when traffic is lighter.
If you are always stuck in rush hour traffic after work anyway, try to find something to do near your work until the traffic dies down, rather than try to fight through it.
Some cars have a 'zig-zag' shift pattern for their automatic transmission (like certain 'Lexus' models). Many people shift the car past 'D' and into '4' because it 'feels right', then drive down the freeway complaining about bad gas mileage.
If you want more information about the mileage NOW, and your car doesn't have a real-time fuel economy distraction, there are various OBDII reader devices (like the 'ScanGauge' or 'Equus 3130') that can be plugged into cars with an OBDII port, and provide 'live' real-time information about fuel consumption rate (gallons per hour), engine RPM, speed, whatever you want that's tracked by the engine computer. Some of them also allow the data to be recorded and downloaded to a computer with a serial or USB cable. Some are little more than a serial/USB cable that plugs into a portable computer with software to give you all manner of 'instruments'.
The more convenient it is to check your tire pressure, the more often you'll do it. If you are dedicated enough to do it with a manual hand/foot pump, fine.
You can spend a little extra on a pretty good self-contained electric one with a jump start and flashlight on it, too, and then consider it a 'safety' purchase.
If you have a garage, an air compressor has many uses besides tires.
If you have a larger vehicle (with higher pressure truck tires), you will need a 'real' air compressor; the little electric ones made for cars will fail right away, and you'll wear yourself out trying to pump it yourself.
DON'T TOP OFF. It is wasted money, bad for the environment (releasing extra fumes) and evaporates in 10 minutes of driving.
Instead of running your AC, lower your windows; AC can waste up 15% of your gas, while having your windows and catching a nice breeze wont waste any of your gas. Plus you get fresh air into your car and yourself which is healthier for you. However, at faster speeds, studies have shown that the significant drag caused by sunroofs/windows being open nullifies the difference. The point at which AC is more efficient is at 35-40 mph.
Go to RideSearch.com and find a carpool.
These tips come from howtoadvice.com:
1. Avoid prolonged warming up of engine, even on cold mornings - 30 to 45 seconds is plenty of time.
2. Be sure the automatic choke is disengaged after engine warm up... chokes often get stuck, resulting in bad gas/air mixture.
3. Don't start and stop engine needlessly. Idling your engine for one minute consumes the gas amount equivalent to when you start the engine.
4. Avoid "reving" the engine, especially just before you switch the engine off; this wastes fuel needlessly and washes oil down from the inside cylinder walls, owing to loss of oil pressure.
5. Eliminate jack-rabbit starts. Accelerate slowly when starting from dead stop. Don't push pedal down more than 1/4 of the total foot travel. This allows carburetor to function at peak efficiency.
HOW TO BUY GASOLINE
6. Buy gasoline during coolest time of day - early morning or late evening is best. During these times gasoline is densest. Keep in mind - gas pumps measure volumes of gasoline, not densities of fuel concentration. You are charged according to "volume of measurement".
7. Choose type and brand of gasoline carefully. Certain brands provide you with greater economy because of better quality. Use the brands which "seem" most beneficial.
8. Avoid filling gas tank to top. Overfilling results in sloshing over and out of tank. Never fill gas tank past the first "click" of fuel nozzle, if nozzle is automatic.
HOW TO DRIVE ECONOMICALLY
9. Exceeding 40 mph forces your auto to overcome tremendous wind resistance.
10. Never exceed legal speed limit. Primarily they are set for your traveling safety, however better gas efficiency also occurs. Traveling at 55 mph give you up to 21% better mileage when compared to former legal speed limits of 65 mph and 70 mph.
11. Traveling at fast rates in low gears can consume up to 45% more fuel than is needed.
12. Manual shift driven cars allow you to change to highest gear as soon as possible, thereby letting you save gas if you "nurse it along". However, if you cause the engine to "bog down", premature wearing of engine parts occurs.
13. Keep windows closed when traveling at highway speeds. Open windows cause air drag, reducing your mileage by 10%.
14. Drive steadily. Slowing down or speeding up wastes fuel. Also avoid tailgating - the driver in front of you is unpredictable. Not only is it unsafe, but if affects your economy, if he slows down unexpectedly.
15.Think ahead when approaching hills. If you accelerate, do it before you reach the hill, not while you're on it.
16. Do not rest left foot on floor board pedals while driving. The slightest pressure puts "mechanical drag" on components, wearing them down prematurely. This "dragging" also demands additional fuel usage.
17. Avoid rough roads whenever possible, because dirt or gravel rob you of up to 30% of your gas mileage.
18. Use alternate roads when safer, shorter, straighter. Compare traveling distance differences - remember that corners, curves and lane jumping requires extra gas. The shortest distance between two points is always straight.
19. Stoplights are usually timed for your motoring advantage. By traveling steadily at the legal speed limit you boost your chances of having the "green light" all the way.
20. Automatic transmissions should be allowed to cool down when your car is idling at a standstill, e.g. railroad crossings, long traffic lights, etc. Place gear into neutral position. This reduces transmission strain and allows transmission to cool.
21. Park car so that you can later begin to travel in forward gear; avoid reverse gear maneuvers to save gas.
22. Regular tune-ups ensure best economy; check owner's manual for recommended maintenance intervals. Special attention should be given to maintaining clean air filters... diminished air flow increases gas waste.
23. Inspect suspension and chassis parts for occasional misalignment. Bent wheels, axles, bad shocks, broken springs, etc. create engine drag and are unsafe at high traveling speeds.
24. Remove snow tires during good weather seasons; traveling on deep tire tread really robs fuel!
25. Inflate all tires to maximum limit. Each tire should be periodically spun, balanced and checked for out-of-round. When shopping for new tires, get large diameter tires for rear wheels. Radial designs are the recognized fuel-savers; check manufacturer's specifications for maximum tire pressures.
26. Remove vinyl tops - they cause air drag. Rough surfaces disturb otherwise smooth air flow around a car's body. Bear in mind when buying new cars that a fancy sun roof helps disturb smooth air flow (and mileage).
27. Auto air conditioners can reduce fuel economy by 10% to 20%. Heater fan, power windows and seats increase engine load; the more load on your engine, the less miles per gallon.
28. Remove excess weight from trunk or inside of car - extra tires, back seats, unnecessary heavy parts. Extra weight reduces mileage, especially when driving up inclines.
29. Car pools reduce travel monotony and gas expense - all riders chip in to help you buy. Conversation helps to keep the driver alert. Pooling also reduces traffic congestion, gives the driver easier maneuverability and greater "steady speed" economy. For best results, distribute passenger weight evenly throughout car.
30. During cold weather watch for icicles frozen to car frame. Up to 100 lbs. can be quickly accumulated! Unremoved snow and ice cause tremendous wind resistance. Warm water thrown on (or hosed on) will eliminate it fast.
Install pressure regulator valve (sold in auto parts stores)... Use graphite motor oil... Beware of oil additives, regardless of advertising claims... Add Marvel Mystery Oil into gas fill-ups... Investigate fuel/water injection methods and products... combine short errands into one trip... Use special gas additives to prevent winter freezing of gas lines... convert your V8 engine over to a V4 - no special kits needed!!!
April was not kind to me, I gave back nearly everything I had made in March, hopefully May will be better to me.
The Starting Balances for April were:
My Savings Account: $256.24
My Investing Account: $704.82
My Money Market Account: $25.83
My Personal Lending Account: $240.95
Currently Loaned: $199.29
Waiting to be Loaned: $41.66
The Ending Amounts for April:
My Savings Account: $258.07 <+1.83>
My Investing Account: $670.11 <-34.71>
My Money Market Account: $60.85 <+35.02> $35 came from Cash infusion and will not be counted as profit.
My Personal Lending Account $242.98 <+2.03>
Currently Loaned: $194.22
Waiting to be Loaned: $48.76
The Grand Total Earnings for April are.........-$30.83 or -$1.028 per day.
The Running Total for this Blog: +$3.76
What really got me this month was my investing account and my money market account only returned half as much as last month. 3 of my 4 accounts went up but the one with the majority of money in it went down.
I had originally planned to write a piece on Prosper.com and how the person to person loans were working. I was also going to bid on another loan, but one of my loan payments that I was supposed to get was/is late. So I will be doing that for the month of May! Oh yeah, if I would have gotten my other payment, my total would have been fractionally higher for the personal loan account.
I want to thank the "Tye News" for putting an article about this blog in their paper.