Tuesday, November 06, 2007

Recycling Update.

November 6: Today, I returned several boxes of bottles and cans to the recycling center on Sycamore Ave. Collected $9.10 for this trip. Our bottles and Cans Fund now stands at: $1,037.73 **

** This figure represents the total cash received from all bottles and cans collected and redeemed. It does not represent an accurate value of the B&C Fund due to the pricing of stocks held by the fund and dividends received.


Anonymous said...

I feel like a major idiot for never recycling. The "recycling center" in my area is only open 10:00 a.m. to 4:00 p.m.

I am curious how you recycle!? Do you use machines at your grocery store? I've tried those a few times and they have never been operational.


AndyfromSimi said...

We just take our bottles and cans to the recycling centers near the grocery store. Usually using the automated machines and collecting on the payment slip in the store. I keep a separate box of crushed flat cans to be taken to be weighed for their recycling value from time to time.

That's how we do it. But, it's really all about the money received and how you can grow it over a long period time in investments. I tend to focus on real estate investment trusts for the dividend and reinvestment compounding. We buy and hold the shares for years on out.

I have several REITs that have quadrupled in the last 10 years by stock appreciation and dividend reinvestment.

That's our investing plan in a nutshell.


Anonymous said...

Cool! Good luck!