Today appears to have a financial overtone, perhaps the planets of money and budgets have aligned. Let's hope for the better.
First news of the day was disappointing. I bought into some cows and tree schemes a few years ago as a way to save for my impending retirement. Last year the company decided that they would make all us investors a fabulous offer. 50c shares for our cows if we agreed. At 50c I would have made my money back, but no interest. Strange though the 50c shares, when handed out were only worth 11.5c so my cow holding became a negative investment to the tune of many thousands of dollars. I didn't actually agree to this arrangement, however the company deemed that through some amazing accounting and reckoning that they could declare a majority yes vote which affected all investors. The financial spin doctors sure have a way with words and figures.
The news this morning however, received just four months after the shares, is that the company is now going into the hands of receivers. Basically I think this means that the few shares I did receive for my retirement now amount to not much at all. As I'm not sure what this will mean I'll just have to consider the investment a total wipe off.
Second news of the day was promising. After finally succumbing last year to having an external office, my knee and a few other niggly difficulties such as no drivers license made working externally incredibly difficult. Fortunately the monthly rent was a pittance, and I was able to strike the experience up to a lesson about myself. Whilst I enjoyed the office space, I learnt that I don't want to employ staff anymore, and to be brutally honest, am not even sure I want to continue being a graphic designer these days.
The estate agent called this morning to inform me that they are in the process of doing a new deal for the place, and i'll be out of the lease fingers crossed this week - with only a couple of hundred more to pay. This represents a good saving on the next three month's rent.
Thirdly, between my accountant, a client and myself we've almost navigated the minefield of some payments and invoices and finally worked out who's paid what etc etc. Whilst it may not mean I have any extra money owing, it also doesn't mean I have any more to pay out.
One result up, one down, and one in the middle.
What will the rest of the day bring?
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