What I Bought And How

I didn’t time this to be one month from the post that inspired it, but welcome to the sequel to last month’s post: Time To Buy But What. Has it already been a month? That means I’ve been in my new old big tiny house for at least a twelfth of a year. (MyTinyExperiment.com Stay tuned for updates on tiny house life, like the fact that they announced the sale of the property just as I moved in.) In this sprint of a time, I managed to buy stocks based on the research I described in that earlier post. My portfolio has grown and is more diversified. My checking account has shrunk, but not as much as some expected/worried about. And I’m not done yet.

I regularly track companies, looking for ones that are publicly traded, can positively disrupt their industries, and might be overlooked. Overlooked can mean underpriced. Positively disrupt their industries usually means they’re in industries that should change but haven’t. Publicly traded means I can buy stock in them rather than simply be a cheerleader.

Months ago, I started producing my One Company One Story series on YouTube to pass along the little I’ve learned. That stopped about a month ago because I was moving from a small cottage with a view on an island to a new (to me), old (2006), big (360 square feet), tiny house (where the convention can be for 124 square feet.) Pardon the interruption, but one of the consequences of selling my home (which was more than a house) was turning the equity into cash, and my strategy of turning passive capital into active capital. Life is busy enough. Rather than re-research companies, I decided to pick from the companies I already profiled.

Let the buying begin.

Simply enough, I bought some of what I already have, and diversified by buying in more diverse industries.

  • GERN – They were close to the FDA decision on a cancer drug. I bought some more. The FDA approved the treatment. Good news.
  • LCTX – They aren’t as close to an FDA decision, so their price was much lower, and I bought much more. Staying tuned.
  • MVIS, SOLO/XOS, WNDW – If they have anything in common it is poor execution. I’ll hold and watch, but don’t see any reason besides price and theoretical potential to buy more.

Newbies

  • SLDP – I believe battery technology is ready for a technological shift from liquid Li-ion batteries to something more reliable, safer, cheaper, more productive, and less sensitive to geo-politics. There are many to pick from. Solid Power hit many of my criteria. Let’s try that one.
  • QBTS – I think quantum computing is as mature as artificial intelligence was a few years ago, a familiar term that no one really knew what to do with, until they really, really, really did.
  • LUNR – Space. Gotta love it, or at least respect that I have a masters in aerospace (and ocean) engineering, and was an aerospace engineer at Boeing for 18 years. I worked in space-related projects for years, which made it easy to appreciate the people who worked in it for decades and are now benefiting from those efforts – or about to. I don’t expect LUNR to be like SpaceX, but guessing the eventual victors in the lunar industry – well, LUNR has a head start.

Biotech, electrical components, energy storage, quantum computing, and lunar commercialization. Yeah. That’s diversified – in its own way.

But how did I do it?

How much to buy?

At a time like this, I strive for a somewhat balanced portfolio. I’m restarting from not much, so I picked an arbitrary value to target for initial purchases, or to leverage up existing positions. If there was no news, I’d apply that dollar amount to all. GERN had the potential for near-term news, so I elevated that one a bit. Note: I am not giving details because I do have some privacy. The main thing to notice may be that I set a common goal, and employed a simple too. I created a spreadsheet and played with the stock quantities until I had relatively equal dollar amounts. X shares of this. Y shares of that. Z shares for the other, etc.

Cool. I had a plan. Note: I also made life easy on myself by rounding off to quantities that ended in a few zeroes. I have some holdings that are 9 shares of this and 14 shares of that, but it is hard to track how a day went without doing math. A few years ago they all had similar (sad) share prices and held exactly the same number of shares of each stock. Handy, but also a bit silly.

When to buy?

I use Schwab. They aren’t perfect, but they’re pretty good. (Scroll through the years of this blog to find their few missteps – unless those old ones are now dead links.) If I had a full-service broker, I could just say, “Go buy X shares of this. Y shares of that. Z shares for the other, etc.”, but I don’t like having to explain myself repeatedly. (Years ago, one full-service broker wouldn’t let me buy SBUX, and had to be talked into AMER/AOL. Forget stock losses. I lost more because I wanted to buy more but couldn’t.)

I use Schwab, but I hate paperwork. Except I like paperwork for keeping records. Trust me. This matters. The only records I have for some of my shares (MVIS) are in the paper version of the transaction records, the settlement statements. So, silly happens again. I space out my purchases so I can handle each purchase separately. I do one per day. It takes days for USPS, but that’s okay. And I drop them into a folder after making sure the data is in my database.

I add one complication. I’ve learned from when I’ve had to sell shares that it is handy to sell in the same quantities that were on the settlement statement. It makes filling out taxes clearer, and I don’t underestimate how important it is to Not Confuse The IRS. So, if I buy enough shares, I might buy them in equal quantities over several days. Yes, it is more paperwork, but maybe not as much when I sell. Silly? Compare that to the anxiety of trying to report a sale on the tax forms when the records are lost. Been there. Don’t want to do that again.

Consequence? Take a look at the edited conclusion to last month’s post. It took thirteen trading days to complete that set of purchases. I’d modify that if a stock started moving quickly, but that wasn’t the case.

The bigger picture

These monies came from selling my house. I didn’t spend it all in one place. I didn’t spend it all on one stock. (Though I did playfully fantasize putting it all on MVIS and hoping. Stock market roulette. Nah.) Instead, I notionally split the funds into three general categories: re-invest, hold in reserve, live.

You’ve made it past the re-invest part. The hold in reserve part is static, though I may hunt for a no-load mutual fund, or not. The rest is for living expenses, and to reflect that changing addresses can be expensive.

I bought the house, but it is going to take thousands of dollars to fix various things. I’m willing to spend that (saying ouch anyway) because it was originally listed at over $110K and I bought it for $76.5K. Stingy would be hoarding that difference. A major trimming of the tree cost thousands. A compact washer/dryer may, too. The list is long enough that I posted it on the bathroom door. There are lots of checkmarks to go. Anyone in the Port Townsend area willing to bid on building two decks? Know a plumber? An electrician?

Buying and selling stocks can seem to be purely for buying and selling stocks. For those of us who live lives, it is necessary to responsibly know what else to do with the money, how to handle it, and know when having a new pair of work pants is more important than a few more shares of stock.

I plan to take a hiatus from buying stocks while I research healthcare providers, contractors, and chase down bureaucratic gremlins. I also plan to restart the video series. There are always new companies or new situations for existing companies. It never ends, but for me, it is important to visit that world but live in the broader one.

Hello World. How are you?
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Loving Living Leaving A Tourist Town

Loving, Living In, And Leaving A Tourist Town

The following is the culmination of several months of notes and observations about life on the south part of Whidbey Island, a place now known more for being a tourist town. They are my personal observations and not affiliated with any organization. I am just a guy who liked a place so much he decided to live there, then realized he had to leave.

(Posted one month after getting the keys to my new old big tiny house on the outskirts of Port Townsend.)

Alas, some will lament that there is nothing illegal to expose.
It is almost as if that breaks a rule of writing. 
But, there is suspense, drama, and a description of need.

There are realities of policies and procedures to expose.
Who is a tourist town (but really the entire area) for, and how should it be run?

There may not even be a need to change any laws, just strategically enforce the ones that exist for the full-time residents.


Loving A Tourist Town

Tourism

It’s a tourist town! Want more reasons than that to live there? There are plenty to pick from. I’ve lived in two. If you need to see why it is so sweet, check with their Tourism Board, the Chamber of Commerce, every advertiser, and all the social media influencers who either live there or visit long enough for a viral post or video. 

There are more reasons that aren’t as publicized. Everyone who moved in when it was quaint or were the ones who made it appealing are a self-reinforcing community of “people who are happy to be here!” Their efforts were quiet at the start, uplifting, and enabling of the rest – unintentionally and intentionally.

Here are a few examples of how I’ve liked one place, Whidbey Island.

But this introductory section isn’t here for that. That’s why there are many more words following.


Living In A Tourist Town

Not Disney

Heard in ‘downtown’ as a group of four stylish young-ish visitors were walking down the sidewalk. “Do you realize people actually live here?” As if the town was built just for them.

Heard as a family exited a thrift store. “Well, it’s 10:30 in the morning. What else is there to do here?” They looked perplexed, as if there should be daily parades and shows. Where’s the entertainment? Head to Disney. There will be constant entertainment, costumed mascots, and plenty of parking! Something must appeal because tourist towns exist because of tourists.

The locals know to avoid the touristy areas, maybe even shop at a mini-strip mall on the outskirts to actually get something useful. Such shopping doesn’t fit the image, it is downright scandalous to some because people are in-and-out shopping for necessities, not just browsing for luxuries or trinkets with a latte in hand.

The more likely there are tourists, the more likely the parking is limited. Two-hour limit. Loading zone only. Come shop, but don’t come to work unless you can do it in two-hour chunks, or you can get here before the tourists, or you’re lucky enough to live along a bus route and your workday ends before the buses stop running. Yes, you’re a local, but don’t stay here long. But, if it isn’t tourist season, please shop local to keep the local shops in business. Please sustain us despite the loyalty you developed to year-round businesses outside the tourist core. 

A tourist town is a business town. It is not a town dedicated to the people who live there. When a great majority of a town is employed by folks who have to commute to it, the town isn’t for the people who work there. That sounds and feels like working locals are subservient to people who live elsewhere.

The locals are, however, asked to fund improvements to the look and feel of the place, and maybe to its operations. Is it more important that the infrastructure looks good or that it operates well? Given the choice of nicer sidewalks or more reliable power, which will be funded? Shall we pave the rutted alleys that run through some of the neighborhoods, or should we have prettier storm catchment basins? 

What is the charter and purpose of the municipality? State it. Govern to it. Don’t hide it, whatever you choose. 

Grandkids And Yachties

The boats are back! So are the grandkids! Whether it is summer or a holiday, doors and docks, pools and playgrounds are opened as the kids and their parents’ boats are back. For a few months the amenities are at full operations  – before being stowed away again in a few months. 

Don’t have kids or a yacht? Spend months being reminded that you are not worthy. Restrooms are closed. Docks may be pulled up. Gates locked. Go ahead, maneuver around them as you creatively recreate. You get a lot less to work with. It’s not as if an island’s shores and lakes and playgrounds are moved off-island. They’re still here. But you’re only allowed to use them if the kids are around or if it is boating season.

Pools may be closed, but the ocean is open and the lakes are too. But showers are shuttered just when warm water may be more than just appreciated. A healthy swim in the winter can be in water that’s warmer than the air, but be prepared to bundle up as you get out of the water. Hypothermia awaits until you can finally change into dry clothes, take a shower, or both.

If you are a year-round resident be prepared to fantasize that for a few months those doors will be open, that services you are paying for will again be made available because the visitors re-arrive. In the meantime, make sure you go to your bathroom before you leave the house. The public facilities are likely to be unavailable.

Not everyone needs warm air and blue skies. There are people who don’t run away because the skies are grey and they might need a sweater. They don’t think of themselves as more rugged, because this is just the way things are. As the saying goes, the issue isn’t about whether the weather is bad; it has more to do with the clothing you wear, even if that is for underwater or while hanging from a kite.

Does it really cost that much more to provide year-round service for year-round residents? If the services are for people who are only here for part of the year, who is funding their fun? Evidently, locals are a magnanimous lot, paying for services year-round, but only getting to enjoy them when they must share them – if the lines aren’t too long.

Can full-time residents get full-time benefits, or are the benefits only available when visitors arrive? Maybe the trick is to live somewhere else, then come back with the crowds.

Vacant Houses

What? The power is out? Well, that’s why it is nice to have friends, wine, books, a fire, lots of blankets, candles – and maybe a generator if you are modern enough to need your electronics. 

Ah, but listen. Walk through the neighborhood and hear the automatic generators kick in to automatically generate power to furnaces, water heaters, and appliances in empty houses. Cheers and applause to those who rely on quiet house batteries. But, after living in a neighborhood for a while, it becomes obvious which houses haven’t had an occupant for months, years, or decades. There’s nothing illegal about making that much noise, especially for vital services. Besides, if the owners aren’t there, the noise won’t bother them; it will only bother their neighbors.

During power outages during the off-season (from the perspective of the tourism economy), be surrounded by the noise of spare power being generated for the idle hardware, including security systems that are primed to make even more noise if they get confused and think there’s a reason to sound an alarm. Dark and cold occupied households can be mere feet away from a bit more comfort that only requires an electrical cord. Applause for some folks that share their excess simply by at least adding an extension cord that they run to their property line in case someone needs to charge a device’s battery. 

An outage is an emergency, but it can also be an opportunity to remember what quiet sounds like. Introspection is valuable. People pay for quiet retreats. An opportunity to slow down that much more in contrast to our powered frantic modern pace. But have no fear. Crank up the noise and any house can be like a little piece of Bellevue or Bothell, protected pockets of abandoned suburbia amidst rural countryside.

What benefit could an owner of a vacant house provide if they fed their excess power back into a local grid, or even just share an extension cord? What other incentives can be offered to those who don’t make news? What disincentives can be imposed on those who make noise, even when there’s no one to benefit from that wasted power?

Unpaid Concierges And Custodians

Neighbors make a community. It is hard to be a community of one. My neighbor is going on a trip; sure, I’ll take care of the cats and the mail. And if the power goes out, I’ll reset the thermostat. I’ll do that because they’ll do that for me. Small towns make that easier. Cities enforce anonymity. Some people are altruistic enough to help anyone, anywhere, anytime. Saintly behaviour exists. 

Oops. Looks like your water pipe busted after that cold snap. Time to knock on your door. Thanks for helping steady the ladder as I worked on my roof. That looks too heavy. Would you like some help? Good neighbors create a habit of help that becomes natural and innocuous to the point that people truly mean it when they say, “Don’t mention it.” 

One famous incident was the response to a tragedy. A windstorm meant more than a trip to the hospital for a family driving home from an event. The details will be spared out of respect for those who survived. The story to emphasize is the community’s response. By the time some of them got home that night, the community had already built a support network. Food, childcare, and maybe even a crowdfunding campaign. The community did that. The family didn’t have to. The government didn’t have to. People helping people without needing paperwork or credentials. 

People who own multiple houses may act that way, but they can’t keep track of every neighborhood they visit. They also can’t keep track of every one of their houses all the time. They may rely on the full-time neighbors to tell them something isn’t working right or something needs to be fixed. Septic alarms can go off in empty houses. A tree branch can puncture a roof in ways that no automatic security system is going to notice. It would be more than rude for a neighbor not to mention it – if they have contact information.

As a neighbor, make that call. During a disaster, turning off the water, or the propane, or the electricity can be a safety issue for the neighborhood. Who has a key and the security code? But don’t be surprised if an absent homeowner asks you to do something about it for free. Trivial things? Sure. Septic systems can have mute buttons for alarms, but those are temporary. Propane may be accessible outside, but anyone helping makes themselves open to liability if something else goes wrong. The same with electricity. One absentee neighbor asked a full-time resident to break in, find the electrical panel, and turn off the power – and was surprised when they wouldn’t trip the security system or break the law to do it.

Small-town people can be polite. Visitors witnessing neighbors helping neighbors sometimes assume they are going to get the same treatment despite never reciprocating. Maybe they’re practiced at having a concierge when they travel. Custodians come with the property, don’t they? 

As tourist towns increase their percentage of vacant houses, a greater burden is placed on fewer full-time residents. Expecting vacant owners to voluntarily hire property managers may require more than good graces. Actually, mandating that someone responsible must constructively respond as rapidly as necessary seems reasonable, requiring living up to being able to respond. One unattended house puts the rest of the neighborhood at risk. In an off-season disaster, as many as a third of the houses may be vacant. In some neighborhoods, that can be greater. The risk to everyone grows.

Homeowners will need to respond to their home. Who responds if they are not there? Where’s the sign outside with contact information? What are the penalties for putting the rest of the neighborhood at risk? If the residents are going to become concierges and custodians, who compensates them?

Permitting Homes Instead Of Houses

If people can’t afford homes, we should permit affordable housing.

Sounds simple. Here begins many more words. There are policies for this and that. Programs for aiding this populace or that area. And yet, gaps exist. It sounds intractable and is definitely pervasive. Yet, there I sat, my home bracketed by new houses. They are affordable to some because otherwise, they wouldn’t be getting built. But they are not affordable to the people who need a house, any house, a shelter, a place they can afford on a typical income. Talk to local workers and find that they frequently have solutions, but they are literally not permitted to build them. They are not permitted to build what they consider affordable housing.

Where to start? I could describe my amateur understanding of the policies and procedures that are being debated. There are others who are better at politics and referendums. I’ll leave those discussions to them.

(Disclosure: I’ve written professionally about real estate and have also been a realtor. Currently, I am a homeowner and a writer.)

How about starting at a more personal level? Talk, no, listen to people who can’t afford housing. Most of the ones I know have solutions. They’re not whining about what to do. They frequently have answers that would work for them. Those answers aren’t panaceas, but case-by-case, people being able to live the way they want to makes the size of the problem necessarily shrink.

People who are struggling to find housing are frugal by necessity, yet they meet hurdles. Their solutions can be physically enacted. Sometimes those solutions become stylish by people who are frugal by choice, by fashion. They are more likely to have the resources to employ the people who will enable their applications and variances and their permits. Vacation houses become easier to permit than someone’s frugal home.

Tiny houses, cobb houses, strawbale, single-wides, houseboats, trailers, mixed-use buildings like barns. People in need don’t discuss such things as abstractions. Such alternatives meet their needs. One person might be fine with a converted barn. Someone else might be fine with a trailer. Their solution may be a temporary first step, but that may not be permitted. Innovative and frequently very old-style materials and construction techniques can even be more environmentally sound.

But, there’s that need for a permit.

The very nice houses being built are permitted. They are conventional, may require variances, and employ lots of contractors. Great. That drives an industry and an economy.

Unconventional houses may not drive an industry, but they may house that soon-to-be homeowner.

How many conventional houses were permitted in the area this year? Insert your municipality here. How many people need affordable housing? How many of their solutions were permitted? Which permits were given the higher priority?

Tourist towns can be proud of a quaint rural character. Rural character shows up in missions and goals, marketing materials, general descriptions of what the locals want the place to be. Rural character can be fashionable. The odd part is that permitting a modern farmhouse-style house may entail hundreds of thousands of dollars and thousands of square feet.

Traditional farmhouses had humbler beginnings. Imagine a farmer homesteading (and all the history that goes with that). They had land. No house. No crops. Possibly no income. What did they did first? Look back in history. They may have started in a tent, or a log house, or a sod house. Houses were small because large houses were expensive in money and time. They needed something to live in while devoting time to farming, or working livestock, or felling trees for lumber. That first house might have been temporary. It was probably small. Farmhouses did eventually grow, but that would take years, if at all.

Modernity provides options. Manufactured homes simplify the choices. But permitting them, especially the more affordable single-wides, is difficult – or may be banned. Container houses and tiny houses have their own shows, but building something small may violate building codes – that are there to preserve rural character. We pride our country on innovation, but we don’t readily permit it.

I liked my house, the only place I’ve emotionally called home. I can barely afford it and frequently have almost sold it. It is more beach cottage (though more than a quarter mile from the water) than farmhouse. It was built in 1964, was probably smaller, and expanded to its current size at still under a thousand square feet. It was all the original owners needed. Why build bigger? (Update: I sold it to move into a tiny house in a neighboring community.)

It couldn’t be built now. A correction. That home could be built now because the laws of physics have not changed. However, years ago, one member of the homeowners association (something else that wasn’t part of rural character) said my house was in violation of the bylaws because it is less than a thousand square feet. My house predates those rules. Many of the older houses in the area are this small or smaller. I was not going to artificially grow my house. Such money needs to go to more practical uses.

I’ve stayed in a 128-square-foot tiny house. I could see how it could work for me. The sub-micro-mini tinies are like 96 square feet. I prefer my friend’s tiny house, which is about 220 square feet. That plus a storage building, maybe a container, and enough land for a yard and garden, and I’d be in luxury compared to much of the world. I might also be out of debt. Unfortunately, if I sold this house and bought some land with the proceeds, I probably wouldn’t be permitted to live on the land while building an affordable house. (Update: I am now debt-free because I sold my house and moved into a tiny house.)

It is even tougher for many people I know.

But what about appearances? The conversation can leap to negative images of bad trailer parks, hobo communities, RVs, and a trashy lifestyle. Who wants that? I doubt anyone wants a trashy lifestyle, but someone who is paying so much for rent that they can’t afford healthy food, or someone who can’t afford any food, or someone who is illegally hiding in the forest has more basic needs. Function is more important than style.

Is rural character, or fashion, or style more important than housing those who are struggling? Can we enable someone who has a solution in mind but that they are not permitted to employ?

I mentioned that there are no panaceas. Water and sanitation are health issues to provide and protect. Power is less likely to require tying into the grid thanks to solar, wind, and LEDs. But people usually live near people, and that means sharing water sources and safely handling waste. Of course, there are options like water catchment, grey water systems, and even delivered water. As for sewage, septic is common, but can be required to exceed a minimum house size measured in more bedrooms than they need. Humanure systems exist (and I’ve seen them being hidden because they probably couldn’t get a permit.) Incinerating toilets are novel. I don’t want one, but if it works for someone else, it is not my job to say they can’t use it. (For me, I cringe at the irrational image of something that could put a fire up my butt.)

Of course, I’m only one person with some opinions.

The people who need a house have other answers. Go out and ask them on a dark and stormy night. Bring a flashlight and boots. Wear a hat and maybe a rain jacket. Expect them to be suspicious of your intent. Better yet, talk, no, listen to them some where and some time they feel safe and don’t have to skip work.

If housing is unaffordable, use less materials by reducing the size. If conventional construction of tinier houses has too few available contractors, make it easier for owner-built houses, maybe use alternative materials. If land is too expensive, allow smaller lots, or let people live on the water. By the numbers it is easier to be driven to physically feasible options – that aren’t permitted.

The bulk of the mainstream housing market works for the mainstream. That shouldn’t be a surprise. Outside the mainstream, people are diminishing their dreams to fit their reality. Frequently, that becomes a dream of a small house on a lot big enough for a garden. Simple. Almost farm-like. But, they couldn’t get permits for that single-wide, or that container house, or that houseboat, or, or, or…

In the meantime, many of the houses being built in a tourist area are second, third, fourth houses. They aren’t homes. Some are more like hotel rooms, waiting months or years for their owner-guests to visit for a while. They aren’t breaking laws by doing so. They are enjoying the fruits of their wealth, and they are permitted to do so. About a decade ago, the south end of Whidbey Island, where I lived, was about 27% vacant, according to the US Census. The last time they reported, that had risen to 38%. That’s a lot of permitted houses that are affordable to their owners, but evidently not affordable to those who need housing most. How many frugal houses do we need?

From the financial perspective of people who can’t afford housing, that’s a lot of unaffordable housing being permitted.

What are we really permitting?

Existing housing doesn’t have to change. The mainstream doesn’t have to change. The industry doesn’t have to change. But, there is a housing crisis. Evidently, something has to change. We could permit truly affordable housing.

What kind of housing are we really permitting? What are the area’s real priorities?

Bidding For Contractors

And the bidding begins at… That’s what you’re supposed to hear at an auction. What priceless trinket is on the block for a bunch of bucks? A signed first edition of 2001? An antique handmade quilt? A chimney?

When times are tough, contractors might work on anything. They might also work anywhere and may have to move to make that happen. When a region has lost contractors because so many moved or retired, and then the market recovers, it becomes a contractors’ market. They’re running a business. Charge what the market will bear.

Charge what the market will bear, and know that there are limits to how much a human can do. If there’s more work than time, then pick the priciest jobs and make those boat payments. It is the American Way.

It becomes more lucrative to help build the biggest houses, the nicest houses, the houses owned by people who can afford to bid up the price.

It becomes easier for less-wealthy homeowners to hear, “Sure, I can fix that, but I have to be able to make $x to do it.” In old houses in particular, a chimney that needs tucking and pointing for loose gravel won’t get worked on unless a contractor can make a few thousand rebuilding, not repairing, and swapping out the fireplace for a new woodstove. A window needs to be fixed? Only if they’re all replaced. A roof patched? Only if the entire roof is reroofed. 

Homeowners can find themselves in structures that are deteriorating around them that are requiring the skills of licensed, bonded, insured professionals. Meanwhile, new houses can be built and left empty for the few times the owner needs a very large hotel room. A homeowner can find themselves having to move out of a house that contractors can’t spend the time fixing, which is then bought by someone who can afford the house price and the contractor’s rates – and again, may leave it empty. In the meantime, another full-time resident becomes somewhere else’s full-time resident.

Historically, home repairs were do-it-yourself. That remains one of our work ethics to be proud of, but insurance and regulations now mean a homeowner needs to find the time to hunt for a contractor, and failing that, learn how to apply for permits, and become skilled enough to do the work that will satisfy an inspector. It becomes easier to wait until a critical failure, which then sparks action, frequently at higher costs. Maintain is cheapest, then comes repair, then comes replace, and somewhere along the line it makes sense to respect a life and not subordinate it to a building.

Ideally, contractors play by the rules and laws, and also respect the needs of their businesses. But, what are they licensed to do? Government issues the regulations and permits. Government issues the licenses. Realistically, requiring contractors to not discriminate on wealth would create a nationwide news outcry. Realistically, doing nothing makes it harder to afford to live.

Parade Of The Pleasant Peasantry

Smile! Keep smiling. Put on that Disney face. There’s actually a good reason to do that. Small towns can be more pleasant. The lack of anonymity means residents are more likely to know the other residents. Anonymous honking fails fast when later you’re both in the same line at the grocery store. There’s a natural incentive to be nice to the other members of your community. Life isn’t a utopia, but compared to some suburbs, friends are easier to find and keep.

But what about that Disney face? Well-meaning visiting customers can say amazingly insensitive things. But don’t say anything back except thank you. Visitors can launch insults at barely no social cost because they’re quickly gone. Workers have always had to deal with class structure, but in a tourist town, rude people may be your greatest source of income from tips or sales. Absentee owners can come in, feeling beneficient, and have no clue about how people are coping to live in a town that is beyond their means.

A barista was stylish enough to get a compliment from some customers because she had a nice scarf. Obviously, she is doing okay, right? The barista said, “Thank you,” of course. It was a custom-designed scarf donated to a local thrift shop. Evidently, the barista was lucky because someone just got tired of the wearable art that was worth hundreds of dollars. The barista got a deal. All she needed was a scarf. As the customers left, the barista turned and said, “I wonder what they’d think if they knew I hang this on a tree branch in the woods when I get off work. It’s not like I have a house or anything.”

Some more philanthropic folks were concerned about housing. In public (same coffeeshop), they proclaimed that it only made sense to build houses with more than 1,500 square feet because “obviously no one would consider living in anything smaller.” They scoffed when a local customer pointed out that: 1) a homeless person appreciates a roof, walls, windows, a door, heat, etc. regardless of size because they understand the difference between necessities and luxuries, and 2) tiny houses, houses as small as 128 square feet appeal to people regardless of wealth because big houses can be wastes of materials, space, energy, and maintenance.

But there are public debates. Unfortunately, full-time workers working to a fixed schedule can’t decide to arbitrarily take an hour or two for an event, or to volunteer. Folks without much can seem to be unengaged because they’re not donating money, goods, or time. Feelings get hurt because the event or whatever sounds good or fun or noble, yet gets turned down by a busy, overwhelmed local. That recipient may not be able to store or use whatever was offered. They may not have the time to spare. If it was only a matter of feelings, that may not be so bad, but the recipient may feel forced to smile because the people to please are in control of jobs, sales, and tips. The lesson: Learn to smile. Don’t be real. 

Working locals can find that their culture bifurcates into the parade of pleasant peasantry for one crowd and a life based on reality when not in public. Hide that grumble until after work. Ignore the insensitive dismissive comments from folks who’ve never experienced want. Be glad to have a release with friends afterwards, and don’t be surprised if they have to be contacted by phone or Facebook because they can no longer live here. 

None of this is illegal. Some is driven by nobility and philanthropy. But to live in a tourist town requires cultural and psychological shifts that aren’t good for the mental health of the local community. There may be no answer for this one, except to wait for a dramatic shift in economic systems that alleviate income and wealth inequalities. Of course, change has to start somewhere. Why not in a tourist town?

Utilities Are Necessities

Ferries are romantic. They’re a great draw to an island or a remote peninsula. Most tourist towns have some geographical feature that sets them apart from the rest of the world. Islands can have ferries. Other towns have bridges. Mountain towns have scenic winding roads, that also experience the adventure of storms and slides and floods that can close roads. The impediments do not create the attraction; they are usually the necessary gateways. A ski area with a washed-out bridge is collecting snow but without skiers. A bridge being out means no traffic in or out. An island without a ferry needs either lots of boats, an airport, or a lot of stored supplies.

The good news for ferries is that they can be a great ride. They cross the moat that keeps the mainland available, but also limits its influence.

The bad news for ocean ferries is corrosive saltwater, waves that challenge larger ships, a need for proper ports, marine traffic, marine life, and the long list of issues sailors have dealt with for thousands of years.

Mainland resort towns are limited by the number of roads that lead to them. Ferry routes are limited by the number of ferries available to run those routes. Ghost towns are created when access is denied through disaster or neglect. Damaged roads and bridges are easier to see, point at, witness. A lack of ferries simply means water without a boat on it. The damage is docked in a shipyard, waiting to be resolved. A ghost town can be created, and ignored because no one can get to it to recognize it and its need.

Ideals for better transportation systems are wonderful. They’re ideal. In the meantime, locals see what’s real. Self-imposed limitations. Reduced business. A need for commuters to consider moving close to The Big City. Residents with medical needs need to move to more reliable options. Individual households leave individually. There’s rarely an exodus, a parade of refugees. A continual drain is not a dramatic news item. Ghost towns happen one home, one business at a time. Even if that ideal infrastructure is resurrected, the people who left can need a great incentive to return; and if they return, they return to a place that wasn’t the one they left.

It is fun to dream of a better transportation system not powered by politics, maybe a private sector solution, but one with enough capacity to maintain a population is impractical or is effectively privatizing the place. We wait, but many will leave, and those who remain may envy those who had a Mosquito Fleet or autonomous aerial taxis.

Creatives Exit

Congratulations to tourist towns for getting acknowledged as Creative Districts. It can also be a sign that it is time for the artists to leave. Artists move to a town that isn’t known for art, the town gets known for its art, the town gets popular enough that people want to move there, demand for housing exceeds the supply, the artists get priced out of the town, the town keeps its Creative District status, and the artists have moved somewhere affordable enough for an artist to make art. The image remains. The galleries may, too. The most successful artists can afford to stay, but we haven’t developed immortality, so like all humans, their stay is temporary.

Art is rarely profitable. Artists have the balancing act of living somewhere affordable while also remaining close to their customers/patrons. Artists are drawn to the edges by necessity. Edgy urban neighborhoods full of empty lofts, temporarily. Rural towns with just enough services to avoid the freneticism of suburban life while not being so far out as to spend all of their time sustaining a subsistence lifestyle. 

Art also attracts artists. If one artist finds a solution, others benefit from their choices by moving and living within that new choice. 

The economics of art also necessitate hard choices. Decisions to move are necessities, not casual luxuries. But, their decisions are quiet. As they decide to move, the focus becomes who is going to take their place. An old house sold for how much over list? Great! Congratulations! But they may have sold because they had to, not because they wanted to. Schedule in a multi-month interruption to their production schedule, and hence their income, which makes them poorer. They may receive the compensation if they owned the house, but if they were renters, well, wish them luck, good luck.

Artists are moving. It is not a hypothetical thing. They’re moving from where art developed a reputation to places that have reputations for fires, floods, or fights. 

Imagine, a Creative District that supported the creatives as much as it supported the district.


Leaving A Tourist Town

Towns and cultures change slowly. Every day seems similar to the previous one, but the realities can’t be ignored over the course of years. A place can go from wilderness, to tribes, to explorers, to fisherfolk and lumberjacks, followed by farmers, a cheap place for artists to work, to bedroom community, to picturesque tourist town. 

Each era existed for years, and lingers to some extent. Enough of each era remains to make it easy to say that nothing changes, but it did and does.

But each era fades as the next arises. Individuals move, or die. There may never be a reason to complain, but there may be reasons to move and not stay. After a while, it can be harder to find an artist, a commuter, a farmer, a fishing boat, or a tree wrangler. More houses are empty. Fewer houses are homes.

Those who leave sometimes return, at least for a visit. During economic hard times, how many contractors re-established their businesses, and now have no incentive to return? Some leave alone. A few move to ad-hoc communities within other communities. Selective amnesia makes it easier to look back at a warm culture, great neighbors, incredible nature, and all the rest that the tourism brochures offer. The amnesia part may dwell less on why they left, but those stories aren’t as grand. 

As a place goes from 1-in-4 houses vacant, to 1-in-3, to 1-in-2, to… At what point does a community’s viability and sustainability become academic?

Or. 

Decide that being a tourist town is an honor and an achievement, but that it is equally honorable and celebratory to support the people who built the place and the culture that makes it more than just another place on the map.

Good luck finding that balance, if balance is even desired. I’m selling my house and moving.


A Personal Experience

Soon after I moved to Whidbey Island, I was getting my hair cut. In true small-town fashion the barber was also the mayor. He asked the innocuous question, “So, how are you doing?” I pointed out that I was fine, but that I just moved from being in the downtown part of the tourist town to just outside it. He was disappointed because I just moved out of ‘his’ town. I said I moved because of the grown-up version of high school cliques and the gossipy fish bowl. He started apologizing and described how, as mayor, he saw one of his roles was to manage the culture, not just the finances. I stopped him. Yes. I moved, but just enough to get a bit more privacy. People were making up stories about me (possibly because I was in my 40s, single and retired), but they made up stories because they cared about me. If I didn’t tell them what was happening, they made something up, not for entertainment (well, maybe a little) but because they wanted me to be included and cared for. To some, that would be intrusive; but, I’d just spent over two decades in big city suburbia where neighbors rarely knew each other. It was a world of dull anonymity amongst an overwhelming supply of services and distractions. In his town, the stores actually closed. None were 24-hour except some service stations. Gossipy, authentic community versus overwhelming distractions? I’ll take authentic community over 24/7 service. Businesses closed aren’t open every day because some people understood life/work balance before they had a name for it. Balance, thank you. 

Balance isn’t easy. I don’t think it is ever achieved; it is simply an impossible thing to strive for. It is hard for an individual. It is harder for a community. With this little bit of citizen literature, I hope I have at least collected several overlapping consequences that I hope also have overlapping and reinforcing solutions.

In the meantime, as I mentioned above, I sold my small cottage with a view and bought a tiny house and am debt-free though view-free. From so much debt that I needed a good and healthy job just to stay in place, to being debt-free and getting naturally healthier. The irony: My new address is also in a tourist town, though in the rural unincorporated part. And I’m hearing the same worries, concerns, and laments – as some of my neighbors are moving to more affordable regions.

my home on Whidbey Island
my tiny house outside Port Townsend
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Geron Approved

GERN Achieves FDA Approval
Ah, investing in biotech. Welcome to a mostly-incomprehensible title for a major announcement.

Geron Announces FDA Approval of RYTELO™ (imetelstat), a First-in-Class Telomerase Inhibitor, for the Treatment of Adult Patients with Lower-Risk MDS with Transfusion-Dependent Anemia
– Business Wire

Silly me. That’s one media outlet’s version. Let’s see what’s on the company’s web site.

One has too much information. One has too little. Come on, folks. Geron (GERN) has been working on highly innovative biotech for decades. Decades! They can now start treating certain type of blood cancer, with the possibility of treating other things, too. Congratulations. In my case, it is also an example of LTBH (Long Term Buy and Hold) and a rare case of me buying stock from a hot tip. Yes, I own a miniscule portion of GERN. Up ~18%? That’s a good day. Waiting for it since December 1999? Well, LTBH can have its drawbacks.

First, for the technical bits. So far, Business Wire has been my source of information (thanks to a tweet and the person who tweeted it.) You’ve already seen the title. Here is a link and some snippets.

I’d like to say that the link is self-explanatory. Within itself it is. Within the community of retail investors I suspect it isn’t.

  • commercial-stage biopharmaceutical

    Change one word, and the company’s futures change. ‘Commercial”. For years, Geron has been variously called ‘clinical trial’, ‘leading edge’, ‘bleeding-edge’ (by less sensitive writers), ‘innovative’, etc. Commercial means people can now expect to see data that includes dollar signs. It has been a decades-long journey.

  • Lower-risk MDS is a progressive blood cancer with high unmet need, where many patients with anemia become dependent on red blood cell transfusions

Finally, something tangible. They can now treat a cancer, and like many cancers, it has a ‘high unmet need’. Good for the patients. Good for the company. Also good for the company is an allusion to the possibility that this technology can treat other cancers, too. Precedence has now been set, which should accelerate any subsequent submissions to the FDA – I hope.

  • 24 weeks of freedom from the burden of red blood cell transfusions

This is even more tangible. Patients have required regular transfusions, not a simple process. Much more cumbersome than taking a pill or getting an injection. But, it also means weeks of freedom, but not indefinitely.

  • RYTELO™ (imetelstat)

And, as usual, now that I finally have gotten better at spelling imetelstat, they change the name to some scrambled Scrabble assortment of letters, with a TM, too.

But what about me and GERN?

August 22, 2022 I recorded a video in my One Company One Story video series.

I’ll have to rewatch it to see how far removed my guesstimate was from today’s reality.

As I’ve mentioned before, I chronicled my investing strategy in my boo about frugal personal finance, Dream. Invest. Live. (https://www.amazon.com/stores/T.-E.-Trimbath/author/B0035XVXAA), an ill-timed book that came out as the Great Recession (which I think should be called the Second Great Depression) started. Bad timing.

Buy stock in small, overlooked, hopefully temporarily underappreciated companies. Wait for their stock to rise sufficiently. Sell. Dream. Invest. Live. Not Buy. Hoard. Be greedy.

It has worked. And then it didn’t. And now it might be working again. (Details through 1998 are in the book. A sequel might happen, but I’ve got a scifi sequel to finish, as a tall ship screenplay, too.)

I retired at 38 in 1998. A younger friend retired then, too. “Buy GERN.” Our conversation was much longer and wider. The last time I checked, he’d sold. LTBH has its limits. I bought more.

One commentor today posted about the effects of dilution. 

Seven years ago, I posted a MVIS version.

Dilution keeps startup companies out of debt, but it also means that, even without selling, a 0.1% share of a company becomes 0.01%, 0.001%, etc. What’s so big about 0.1%? If the company becomes worth $1B, then the shares are worth $1M. Humbler, but more than sufficient.

So, how should I tell this story, from old to new, or new to old? I’ll start new because any new reader is likely to only see this from the perspective of the recent news.

GERN was up 17.99% today. Nice. It bobbled about a bit, but for about the last four hours of the trading day it settled down to ~18%. Makes me glad I bought some near the end of May.

Within the last month the stock is up 18.6% (Google Finance). So much for a steady climb before the news.

Over the last year, up 28.93%. Even better, especially when compared to historical market averages that are in single digits.

For the last five years, 225.53%. ! It really didn’t start moving until mid-2022, which could match with Geron entering a new phase within the clinical trials.

Looking at GERN’s history back to 1996, and – ugh – down 36.25%. There was a peak to over $50 in 2000, which made my 1999 purchase look awesome. But then it fell as clinical trials took longer, asset sales kept the company afloat, but also reduced its internal diversification. (I bought into some of those acquiring companies.) 

Let’s go back to a theoretical 1999 with a theoretical $1,000 purchase. Theoretically, assume achieving a goal of doubling an investment every 5 years. High risk, high reward. Right?

2004 = $2,000
2009 = $4000
2014 = $8,000
2019 = $16,000
2024 = $32,000 theoretically.

Realistically, not with GERN. GERN has a long way to go to reach those levels, and dilution was effectively shrinking the shares simultaneously.

But, I bought more about six more times. Once in 2021, and also last month. A financial storm meant I sold those first shares, so calculating my total return is more work than I want to do today. And today is only a snapshot. 

It is the weekend. Some analysts are probably working the weekend estimating things like the current industry revenues for the treatments, how much demand there will be for Geron’s treatment, who will pay what, how long it will take to generate revenues, how long it will take to train providers, etc; and compare that to Geron’s market cap. Do they buy or sell on Monday? I know I’ll hold. 

I paused typing as my brain went off into an internal list of analyses and estimates I’d conduct if it was my job. I won’t. My book was titled Dream. Invest. Live. on purpose. Have a dream. Invest to get there. Then live. Don’t get stuck in the dream phase. Don’t get trapped by the investment world. Remember to live.

I am hopeful because the treatment works. People will be better. The treatment may work for more, too. Geron may finally make money. Investors may want shares so they can share in the good news/asset growth. I’m finally debt-free, again, but my new old big tiny house has an overhanging shade tree that has split in five places. There goes a couple of thousand. Life. Gotta pay for these things. And it looks as if I will be able to.

Social Security and a pension from Boeing’s happier days mean I don’t have to sell stock to pay bills. I’m frugal anyway. Whew. It is sunny. The lawn is mowed. This is typed. The tree trimmer is scheduled for next week. – As the fridge whines to life. It’s always something.

This post is about this day, June 7, 2024. The next several months will modify the percentages and the totals. Thanks to the bittersweet sale of my island home, I now have a tiny house outside a tourist town, and a more diversified portfolio. I wonder if the stocks I’ve bought will help me live in my new dream. Thanks, to the people at Geron.

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They Are Selling My Park

The following is largely a link to my blog about life in a tiny house. Because this issue and event deals with personal finance risks I post it here, too.

https://www.mytinyexperiment.com/blog/they-are-selling-my-park

As I wrote in that post;

“Housing isn’t simply difficult to afford. It is also uncertain. Renters know this. People trying to rent can see it all as academic as they search for another room, or couch, or car. Home owners also know that houses can experience disasters, regardless of insurance. Of course one solution is to have more than one house. Few can do that, however.”

To me the message is less about tiny houses and risks, and more about housing in general and its risks – especially if you can only afford one house whether renting or owning. My situation is that I own the house but rent the land. It was the most affordable of the solutions available. It had one particular risk, which surfaced and did so with incredible timing.

Welcome to another weird chapter in my less-than-normal life.

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Basic Needs – Inspired By A Ferry Ride

Want a real-life lesson in basic needs? Academics can point to Maslow’s Hierarchy Of Needs. My parents would have a more peer-reviewed, or really peer-pressured list. I’ve been moving from Whidbey Island to Port Townsend by taking lots of ferry rides. One particular trip took longer than usual and threw me right into an urgent assessment of basic needs. When I got home I really needed to… dispose of some bodily fluids. Forget academia and forget what everyone else cared about. What I needed was what I needed. No debate. And yet, an insight.

Why would a ferry ride make a difference? They have toilets and a trip that takes more than half an hour. They provided the right place and more than enough time. Deal with it, dude. Ah, but ferries can be late. Three-boat waits are common – but I don’t need to use the terminal’s facilities. I’m a big boy (#massiveunderstatement and a punchline, too). I can hold it. Well, yes, and there are limits. A bit of a missed timing, a bit of a wait, and finally onboard. Whew. But. The cars were parked, or more appropriately packed. Opening a door was possible, but not easy. And then the rolling happened. Winds, tides, currents, and wakes can make the ride bouncy enough that walking between the cars means navigating between thousands of pounds of metal rocking on their springs and tires. Squishing usually doesn’t happen. Usually. My arrival at home was a bit more urgent than normal.

Walk in the door. Be glad it wasn’t locked because – well, you know, at such a time, time is precious. Get inside and realize that things must happen first. I was safely indoors. Good. Now, empty pockets of things that might fall out at the wrong time in the wrong place. Shed a suddenly inconvenient layer or two. Debate whether to dump the rest on the floor or actually dump them onto a table. Then, quickly do what needs to be done.

Doing what needs to be done created that insight. I had one urgent need, but several other needs had to be dealt with first. Housing, already taken care of. Responsibly taking care of some, but not all, of my stuff came next. Then, basic biology got its due. Lights? Not yet. Music or television or the computer? Ha! No. Heat was automatic, otherwise it would’ve been higher on the list. Socializing, whether through email, messages, or whatever, could come later. Art, commerce, politics, community all were delegated to not yet, if at all. 

An alien watching our media may be excused for seeing it in the opposite order. Medicare ads, conspiracy theories, politics, luxuries, and celebrities dominate the stream. Maslow can be seen as: 
– physiological (bathroom),
– safety (got into the house),
– belonging and love (ah, not as much in today’s society),
– esteem (self-generated is the most available),
– cognitive (learning? Isn’t that happening when I’m awake?),
– aesthetic (art – yeah, got and make that),
– self-actualization (one of my counselors has commented on that),
– and transcendence (that’s a topic for an entire shelf of books to read and write, or to share over the proper beverages).

As many readers know, I’ve recently moved into a tiny house (MyTinyExperiment.net). Moving is an opportunity to visit everything you own, as long as you pack it. Moving into a tiny house magnifies that because every item gets scrutinized before it is granted the honor of becoming part of the household. Otherwise, it is off to the storage unit, or to the donation site, or to recycle, or to the dump.

The only books that are assured of being in my house are my books that I’ve produced. Boxes of the rest are in storage, including the rarer ones that are first-edition science fiction classics. Clothes get season allowances. While I’ve reduced most things to a much smaller inventory, I’ve made shelves and such for the kitchen, because I like to cook and eat, and the office, which is really my one main seat and the site for every meal and almost everything else. Art is sneaking back in, a piece at a time. Most tools and things that can live outside will wait until I get a shed built. 

Weirdly, there are great debates about whether people are being allowed to self-actualize, and active resistance to basic physiological needs. Housing, sanitation, food, health somehow have managed to gain powerful opponents. Drive into a big city and see how hard it can be to access those things – unless you are rich enough to rent a room, pay for a meal, and have access to a doctor. One of the ways owning a house is healthy is that many of the true basics are covered and provided, or at least enabled. 

As I mentioned over on my tiny house blog, I mentioned my gig, Island Roots Housing, and another non-profit in my new county, Jefferson’s Housing Solutions Network (I hope I got their name right.) Both are working at providing real solutions for real people, practicality and pragmatism over academic arguments. And yet, I’ve witnessed that the people with the need are too busy working to engage in the public debate while their opponents might have the time and resources to speak at meetings, in public, in the press, and in the courts. Finding housing for a dozen or so households can mean engaging in conversations amongst hundreds or thousands across the ideological spectrum. I’m much more impressed now with those who have more than enough who recognize the humanity of those with not enough.

I’m glad I have a house. I’m disappointed at how many don’t even have a place to rent, not even a room. And frequently, those are the people we applauded as essential workers. 

Hmm. Didn’t expect this blog post to take this turn, but as a friend and I said earlier today,

“If I Had More Time I Could Have Made It Shorter” – Mark Twain?
or
#IIHMTICHMIS – modern literary progress

Two weeks into this move, I’ve learned several things, but I won’t bore you with the list; but here are a few examples. I finally found the rest of the towels, but one set works well enough if washed enough. Knowing that all of my USB drive and SD cards are in this one particular box, but I can’t remember which box the box is in. (And I just found it, sitting within two feet of where I was when I realized I needed it – hours ago.) Nice soaps aren’t as important as hot water. An empty fridge is an opportunity to restock it. The same for the pantry. Curtains and blinds will be nice, but in the meantime, a few pieces of art hung in the window helps privacy both ways. (Fortunately, the art is purposely translucent, so it can be window art.) And I’ll just have to apologize to the car and the bicycle for having to sit in the rain – and I may have just found a way to get the bike into covered storage.

A tiny house is not the magic. Money changes things, but it doesn’t have to. Intentional living taken to the level of individual items makes it possible to see what really matters. Or, you can go on a long road (or ferry) trip without rest stops and experience what really matters to you.

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Time To Buy But What

I watch stocks almost every day. (Sundays happen.) But, I rarely buy or sell, as frequent readers know. My style of investing is basically Long Term Buy and HOLD (LTBH), which in some cases takes decades. (Come on, GERN and MVIS; you’ve made progress. Now, offer your goods and services for real, not just as temporary funding plays.) I also rarely buy or sell because: 1) I haven’t had the money with which to buy, and 2) selling wouldn’t generate enough cash to make a difference. The strategy worked for decades until about a decade ago, ironically, just as I published a book about personal finance by request, Dream. Invest. Live. Last week, I received the funds from selling my house (the epic story is in this post: My Money (And Almost My House) Lost In The Wire) This week, I begin deciding if I will buy stocks (probably), which ones (that’s what this post is about, and when (even I don’t know that. Here’s my process this time.

For about a year or two, I’ve been doing light research into companies that interest me and posting the results here and as YouTube videos. This seems like a good time to review that list for candidates. As usual, my goal is to find publicly traded companies, with positively disruptive goods or services, that are possibly overlooked and hence possibly undervalued. In my amateur investing career (I am NOT an investment professional. I’m just a guy that buys and sells stocks occasionally.) that strategy has frequently meant buying stocks that others considered laughable. Fancy coffee from Seattle? Ha! People wanting to connect with people online? Well, you’ve got mail. Animated movies made with computers? That’s a story for toys. 

Has it worked lately? Nope. That may be a sequel because the investment world has changed dramatically. Guys in a crowd waving paper, making hand gestures, and shouting sounds like a weird movie instead of an investing mechanism.

So, here’s the list of symbols representing the companies I’ve described in my One Company One Story video series. (https://www.youtube.com/playlist?list=PLJ-B92PThxslzt52WKVJTablPkNN8CEsF)

AMSC
BYND
GOEV
QBTS
EVTL
FATE
FREY
GAIA
GERN
GMGMF
LUNR
LFLY
LCTX
MVIS
RRGB
RKLB
SLDP
TGCB
LLAP

As silly as it may seem, my first step is to see if the companies are still in business. Startups frequently don’t get much further than the Start line. The list is already shortened as SOLO was bought out. 

In no particular order, I then check on the company’s size. Too small may be too bad and sad. Too large and it may be too late to catch that ride. Of course, I thought it was too late to buy into Facebook, Google, Costco, …

And there goes EVTL, GMGMF, LFLY. They may still be good companies, but their total value is about the price of some homes. As for the other side of things, GERN and RKLB are at about $2B, which is usually my upper entry point, but I like what both companies are doing and think biotech and space have a large potential.

And then, there were 16.

How about price movement? Anyone drop more than 80%? I held AOL as it fell over 60%, and watched it rise again, but 80% in one year is too risky for me.

And there goes GOEV. MVIS was second worst. It is also one of my longest holdings and the one deserving of its own book, but I’d only write or read that if I knew how it would end. I HOLD it, and may buy more because I am such a fan of the technology, but none of their CEOs have impressed me. They are compensated well, so maybe that’s a success from at least one perspective.

Good to see that five have had price growth in the last twelve months, and many have had changes that are within my expectations for startups that haven’t started yet.

Two, AMSC and QBTS more than doubled. AMSC’s story is also worth a book. I owned shares for a long time, but had to sell back when I had that need and that opportunity. Get back in? Not unless they’ve erected a barrier to entry in superconduction of renewable grid operations. QBTS is an interesting play as quantum computing is advancing as AI advances. I have yet to think through their mutual influences.

And then, there were 14.

Is anyone making money?

BTW Thanks, Google Finance.

FATE and FREY lost more than the others, by percent, as I pull data from the screen. Tiny startups can have phenomenal increases because making $1 one year and $100 the next year is a great percentage, but not much when compared to real world expenses. Still, it is entertaining to see GERN’s over 1,000% increase even though they haven’t received commercial approval from the FDA.

Interesting (real time reaction): Both QBTS and GERN had positive price growth and positive revenue growth. The rest had one or the other. 

Have they gone anywhere?

I ask this one because some of these stocks are familiar, because I researched them before, and even owned some for a while. GAIA is fine, but the company is hardly disruptive. I don’t expect it to grow much. I mentioned AMSC above. Maybe I’ll research them later, again; but they haven’t made much news lately despite have an early technical advantage. RRGB is an old, familiar holding, but again, I don’t know what will make them stand out. 

While I’m reviewing my recollections, BYND seems to be having trouble, lately. 

That brings the list down to QBTS, GERN, LUNR, LCTX, SLDP, and LLAP. I already own GERN and LCTX. Both are leading edge biotechs with near-term potential, pending FDA approval, of course. LUNR and LLAP are commercial space opportunities, which intrigue me because that’s what I went to college for, worked in, and was too early to benefit from in my career. QBTS, as I wrote above, is interesting because of their work in quantum computing. AI news may be allowing QBTS to make advances while being overlooked. SLDP’s name points to why I think this generation of EVs will be eclipsed by new battery technologies, particularly solid rather than liquid batteries. 

I’m pleased with this list. Even as I typed this I paused as I considered them and how they’d fit into my portfolio. I already have GERN and LCTX (and MVIS). More of the familiar? Diversification is good. Was there. Lost that. Looking forward to getting it back in a significant sense. Balance the portfolio, or concentrate on expectations of near-term gains? 

I don’t know, yet. I could conclude this process in one evening as a stunt; but, as much as I appreciate writing about such things, I’m not going to treat investing as a stunt. I’ll probably decide and act within a week or two. I tend to post such reports on InvestorVillage.com, SiliconInvestor.com, as well as Twitter (won’t call it X), LinkedIn, and with side notes on Facebook (where it is considered boring and somewhat tacky.) I also see the new funds as a safety net, living expenses, and a way to get things my new old big tiny house can benefit from: new porches, a washer/dryer, a fridge that doesn’t whine as this one does; and a few things like a computer from this decade, a replacement camera, and maybe upgraded components to my thirty-year-old bicycle. It carried me across North America. That’s Long Term Buy and Hold!

Stay tuned. Life ain’t dull.

Hmm. One friend made sure to tell me to ‘not spend it all in one place.’ How many shares of MVIS would that be? That certainly wouldn’t be dull.


  • GERN $3.78 5/20/2024
  • LCTX $1.04 5/22/2024
  • LCTX $1.04 5/23/2024
  • LCTX $1.01 5/24/2024
  • QBTS $1.35 5/28/2024
  • QBTS $1.52 5/29/2024
  • QBTS $1.42 5/30/2024
  • QBTS $1.32 5/31/2024
  • LUNR $5.06 6/3/2024
  • LUNR $4.86 6/4/2024
  • SLDP $1.68 6/5/2024
  • SLDP $1.67 6/6/2024
  • SLDP $1.68 6/7/2024
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My Money (And Almost My House) Lost In The Wire

My Money Lost In The Wire

You Can Not Make This Stuff Up

This is one of those things that is supposed to be funny, maybe in a year or more. This was supposed to be a post about the new great episode in my life: moving into a tiny house and being debt-free. That may still happen, but as I type this, it has been one of my most traumatic days in years, maybe decades. As you read this, hopefully, it has all been resolved, and laughter will ensue. I type it now, during a lull dictated by the close of business on ‘Wall Street’ because I don’t want to forget too many details and how it feels. The courageous may read on.

Before

Today was the day when the funds from my house/home sale were to arrive; one part to the sellers of a tiny house, the larger part to me. Finally, Debt-Free Again. Weirdly enough, I am debt-free, except for a massive credit card bill I’m building as I live in a motel. My house sold. The funds were dispersed. Everything looked headed to a nice dinner this evening, keys tomorrow, finally having a new address and getting things out of storage.

1) The mortgage and the home equity loan are paid off. Celebrate the retirement of over a quarter of a million dollars in debt.

2) I signed all the right forms. So did everyone else, evidently. The first escrow company split the funds into two transactions: one for me, one for the seller of the tiny home. Nice. All the seller had to do was sign, and we’d exchange keys – which, as I write it, sounds like innuendo.

3) Time to take a nap in celebration before heading back over to Whidbey Island, where I had lived, from Port Townsend, where I was moving to. 

4) But first, the phone rings. Wiggle through this and re-read as you wish.

The seller received their money. Yay! But not all of it. Evidently, the amount sent to them was a little less than they expected – and they were right. 

No big problem. I could pay the difference from what I received, which would be appropriate; but I received nothing. Zero. No money. No notice.

Could I pay the difference by credit card? I want the transaction to complete so I get the house and they can close that episode in their life. No.

Pardon me as I check my notes. It was about now that I started taking notes, possibly missing a step or three.

5) Call escrow #1. Can they reconcile the difference? They sent the wrong sum. Can they correct the error that way? No. The funds have to come from the transaction and 100% of the funds were dispersed. I should check with my bank (Schwab) to find when the wire transfer will be recorded.

6) Call Schwab. They have no record of even an attempt at a wire transfer. They step it up a notch. They can’t find any wire transfers anything like something coming to me.

7) Eventually I convinced the escrow company to talk to Schwab because I have no access to any of the pertinent information. Besides, they know the official terms. I don’t. It looks like it should’ve worked, but it didn’t. For a while there we were in three-way conference call that confirmed that nothing was wrong or inappropriate. There’s no evidence of any tampering, either. 

8) Somewhere in there, I backed out (not blacked out, but backed out) because there was nothing I could add.

9) Eventually, I get brought back in so they can give me the latest news. Still nothing inappropriate and no record of any monies in transit. As anxious as I already was, I was startled to learn that they had elevated it to a three-way with the Fed, and the Fed couldn’t resolve it and actually elevated it to an Incident Report. That is so uncommon the reference number is smaller than an old-time phone number. 

Somewhere along the line, another bank was brought in as well, but I couldn’t keep track of calls I wasn’t in.

10) Worrying about the seller had a corollary. If they don’t get their money, I don’t get their house, and I don’t have an address – except for two packed storage units, and I am not allowed to sleep there and the sanitary facilities don’t exist. Renting is not an obvious option in this market. Buying a place takes weeks. What am I going to do? Except replay that in my head on a quick repeating loop. 

A heck of a day, and dealing with all of it from a motel room where almost all of my office records and supplies are in storage, including the unit on the island.

I say ‘a heck of a day’ because, even though we’re in the same country on the same continent, it is a big country and a big continent, and the Fed closes on East Coast time. Three more hours added to an interminable (hyperbole) wait time. The world’s enormous economy, but we’ll wait on bankers hours. One reason I am typing this is to keep me occupied until 9PM, which is midnight East Coast, which is one of the possible times the funds might transfer (magically?). 

Sip a beverage. Breathe. Shake out the fingers. Return to typing.

This may all resolve with waiting and patience. One reason I’m making this life change is because I’ve had financial stresses for too many years, over a decade. It is affecting my health. This isn’t making it better. 

What has been making it manageable has been friends and those involved who have listened. Trying to manage this alone would feel like suddenly being poor and homeless and alone – and that happens. I don’t think it is going to happen to me, but I understand and feel that possibility.

It may just take patience and waiting.

It may just require giving patience another day for waiting by asking the seller for an extension.

It may just require giving patience another week for waiting by asking the seller for an extension.

The funds are under the FDIC limit, so I ‘should’ be insured, but I doubt those funds would arrive in time. Does insurance ever work that quickly?

And some friends have mentioned lawsuits, but they take much too long; and are hopefully unnecessary.

Assurances are welcome, but learning that the Fed, The Fed!, said there was no evidence of theft is an authoritative assurance. That doesn’t resolve anything, but at least we’re more likely talking about bureaucratic actions, not criminal ones.

I intend to only post this after the issue is resolved. I have no doubt that I’ll learn a clearer version of the story eventually. My mind was in resolution mode, not documentarian mode. You may not be surprised that my handwriting became hard to read as emotions rose as complexities rose. 

It’s before 8PM. I won’t type for the sake of typing. My fingers would complain. I’ll log in at random times, I’m sure. 

One thing struck me, and I usually don’t use that term. I realized that I had done nothing wrong. A mistake was made at escrow, and funds were dispersed so expertly that they couldn’t be recovered; both things leading to putting my home purchase at risk and my heart rate climbing to uncomfortable levels. And here’s one point I wanted to make to anyone who has read this far: weird things happen, even when there’s no one at fault. No malice. Just a simple mistake in a complicated, possibly-too-fast world. 

I hope to get the keys tomorrow. If I do, I’ll open the door, say hello, walk back and forth once or twice, then free the houseplants that are sequestered in my car, get the frozen (ha!) foods into the freezer, make sure there a towel, soap, and toilet paper in the bathroom – and take a break. Getting the futon mattress into the bedroom – that may be a separate story for the blog I plan to start about life in a tiny house for man who is 65, over six foot, and overweight. Stay tuned.


The Next Day

Ah, CitiBank, Schwab’s bank, held the funds for some reason. Two of the world’s largest public financial institutions are getting in the way. A reason to work with smaller companies?

Oh, add a layer of “You can’t make this stuff up.”

Keep in mind the people you can’t see and aren’t hearing from: numerous employees at two brokerages, two intermediary, banks, two escrow companies, Schwab, and the buyer (me) and the seller. Multiply the hours by the people and witness thousands of dollars spent because one bank did something random. An the American economy is considered efficient?

Here comes an analogy. 

You probably know about the security lines at airports. It has been years since I’ve flown, but I recall them. There’s a purposeful random element. Randomly, they pull some luggage, and sometimes a person, out of the line – just to check. Organized crime doesn’t like randomness, I guess. Imagine how that person’s day went, even if they were completely innocent. And do you still assume it wasn’t completely random?

Schwab’s bank, Citibank, did that to my money, as I understand it. I have to emphasize “as I understand it” because Citibank is so far removed from me that I could only hear what others heard, who then passed it along to someone who could tell me. Personal service? 

There was no fraud alert, because there was no fraud. There were no reports in the regular channels, as I understand it, because the monies were shunted off to an investigation unit. It was simply random, without warning. 

Hours of phone calls and a few in-person meetings came down to everyone being told that they couldn’t do anything except wait. Nameless people held people I know hostage to an unresolvable issue that directly impacted whether I would be without a home.

Fortunately, I have an understanding boss, and they have a new hire who is excellent.  (Ironically, it is for a non-profit doing what they can by actually building affordable housing – in a county I just moved from because it is too expensive for me to live there. Applause for Island Roots Housing in Island County, WA.)

My houseplants will spend another day in the Jeep, their temporary greenhouse. 

I’ll see what food I can salvage. The ice packs and styrofoam coolers should help.

I hope to get the keys to the house because…the story so far is about the money.

I don’t get the house yet.

There were two wire transfers, you may recall from reading what’s above. The other one was for the bulk of the purchase price of the tiny house, but the transfer was for the wrong amount. It was shy by so many thousands of dollars that I needed the money in the other transfer. It has been a cascading financial fiasco. (Thought up that term and had to use it.)

The good news is that Citibank finally released the funds! Schwab passed them along! I can get the extra money to the escrow company so they can pay the seller, and I can get the keys – after I wait another day.

Citibank/Schwab delayed the wire transfer so late in their East Coast bankers hours that when I submitted the extra wire transfer, it was past the deadline for a transfer within the day even though the West Coast business day wasn’t over.

Enter the brokers who now run around getting a document signed to extend the transaction – hoping that the wire transfer gets to the seller’s escrow agent in time to get me the keys before the end of the week. It would be really handy to get the keys because contractors are scheduled to arrive to hook up some utilities.

You may not be surprised to learn that my assessment of the credibility of the system has drastically diminished.

I expected to complete this story and post it, but without the keys, the story isn’t over. 

At least I have the funds and reasons for hope.

Much of this day’s chapter was written from Mom’s Laundromat in Port Townsend. I could hear my Carhartts bashing themselves against the dryer wall. I’d been living in them most of the week as I moved. Almost everything I own is in storage. My Jeep is large enough to hold four houseplants, one large cooler of food (that’s warming), tools, and the last boxes that are filled with the stray things that weren’t packed during the more organized part of the move. But hey! I found the charger for my old iPad so I can at least read some old books. (The Rincewind arc of Terry Pratchett’s Discworld series. 

Is there more to say? Always, but I’d be amazed if you haven’t heard or read much more than enough for now. The local Thai restaurant served such large portions last night that I have leftovers for tonight. 


The next morning

Even before the Port Townsend bells bonged out the 7th hour, I received an email declaring the second wire transfer to be complete. Considering everything else that happened, I’ll wait until the escrow company says so, too. After that are the official recording with the County, me getting the keys, and a new set of posts starting up about My Tiny Experiment.

(Let’s see. Get keys. Get internet. Get domain name and URL. Get web site. Write and post and chronicle one story about finding affordable housing, frugality, and simplicity.)

The plants seem to be recovering well. I hope that happens for all of us. Now, to set up a cot until I have time to set up a futon until I have time to buy a Murphy bad. This place is tiny!

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Debt Free Again

I am debt-free, again. I am also officially homeless. But, let’s not quibble. (Such a strange word. But, I digress.) Today, May 7, 2024, I officially relinquished my ownership of the only house of mine that truly felt like a home. I did so for more money than I paid for it in 2007, which is why I should officially gain ownership and access to my next house and hoped-for home on May 9. A significant sum of money will remain as cash, at least for a while.

Debt-free, again. How often has that been true? Except for incidental credit card debt, and a couple of small car loans (small cars, and small loans), I didn’t have signficant debt (aka a mortgage) until 1988. Bought a house because I ‘should’, but I shouldn’t’ve. Eventually got out of debt by getting out of an unfortunate marriage in 2005. Had a year-and-a-half of renting that was great because it was in downtown Langley, a tourist town; but the landlord/landlady decided to let the house run down, so I bought the house that I just sold. Now, for about 48 hours – oh, wait – for an indefinite time, I am debt-free. This house, this tiny house, is being acquired for cash. Mine. Sweet.

Mine. The house is, or will be, mine. The land will be rented. Still, no debt. After a dozen years of financial misfortune, and hence existential dread, my mental and physical health should improve. Whew.

The home I sold deserves better ownership and caretaking than I was able to provide. I look forward to seeing how they improve it. I wish them both well.

I wish me well, too.

The world is in chaos, and likely to become more chaotic. Maybe that chaos will mean a debt jubilee of biblical proportions. All debts forgiven! Iceland did something like that with mortgages during the Great Recession, but I doubt it will happen in the US, soon.

The world is in chaos, so I’m doing what I can to simplify my life. Getting rid of a mortgage and a home equity loan means fewer pesky bills. During the Great Recession, I almost lost my house. That’s a trauma I don’t want to relive.

Does this description seem a little lacking in raw emotion? I know several people are telling me to celebrate. I agree. I should. I ‘should’. I will. My brother the ace accountant (he’s more than that, but that is a separate – and fascinating – story for him to tell) agreed. It takes time for pent-up stress to unwind, and it will probably take a while for the lack of debt payments to become apparent by their absence. Then, I’ll spend. I won’t get spendy, but my grubbies are fraying grubbies. Fans of distressed clothes might think they’re worth something. I’m currently a 40 waist and 34 inseam, in case you are curious.

The spreadsheet will tell the tale, or show me the money, or maybe get narrower as there are fewer columns for liabilities.

I’d like to make two points simultaneously, but physics demands I type them in series.

This blog is about personal finance, in case you were wondering or had forgotten. Fancy finance packages are available, but if you’ve been doing nothing, then a simple spreadsheet may be enough. For me, whenever I feel like it, I check all of my bank accounts and loans, add in the value of my house via Zillow, Redfin, or Realtor, add and substract appropriately, and check the sum. I also graph it to better see if there are any trends.

date / house / IRA / stocks / main bank / local bank / business bank / PayPal / … / mortgage / credit card / car loan // net worth

Usually I check when it is time to write checks. Yes, I still write checks, but only to the firms that I want a paper record of because I don’t trust them.

These next few days I’ll check it daily. I’m curious to see how much my networth fluctuates with such large transactions. I expect my net worth to go down. Selling a house generates a lot of cash, but it is an asset trade that costs money. Improvements, moving expenses, taxes, brokerage fees, etc. happen. That’s fine. I get something from it.

I’ve only sold a house I owned because there was a good, life-changing reason. This time is to reduce my anxiety level in a chaotic time. That first house I bought because I succumbed to societal peer pressure. Since then, my house sales have been for jobs and relationships, basically, love and money – or the hope for either and each.

This time is for simplicity, but it is also for money, or at least reducing its associated stresses; and for love, for respecting me and my needs. Despite being exhausted (oy! is moving a pain), I’m already feeling better, my dreams are improving, and so is my outlook. 

Whidbey Island was a very good place for where I was personally. Now, it is time to move on. I haven’t traveled as much as many of my friends, but I’ve traveled enough to know that every place has someone who loves it. My house, my home, was sweet; but, I see it as being part of the wet Salish Sea region called Cascadia. From Mt. Shasta in California to Juneau in Alaska is terrain with mountains, volcanoes, forests, rivers, lakes, and an ocean. That works for me! I’m simply sliding a bit north and west from where I’ve been for almost two decades. 

For anyone fortunate or lucky enough to have a house, considering such a life change isn’t simply hanging a sign outside. Yes, it can be. But done right, it also involves weeks of packing, clearing, and cleaning. If necessary, hire it out. Doing it yourself isn’t free or easy. It may cost less money, but it can take more time. I don’t want to know my total bill for renting storage units on both sides of the Sound, renting U-Hauls (and being glad for them), paying for the ferry rides, eating poorly and more expensively, … The list is long.

Port Townsend, my new home, rings a bell on the hour in very Victorian fashion. (Check Port Townsend for their Victorian fashions, too.) Nine rings of the bell and a long day of moving and cleaning encourage me to bring this to a close. I thank everyone who has read or heard my tales as I struggled through the last decade or so. Those who simply listened were the most precious. As some friends who are financial professionals pointed out, odds are someone will get hit with a perfect storm of bad luck. Nothing is guaranteed. Yesterday’s marathon move was done in downpours and wind, almost hypothermia weather. Today felt twenty degrees warmer, and was definitely sunnier. I hope my personal storm has passed.

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Moving From What To Why

A friend, “Can you see the end of the tunnel?”
Me, “Yes, but through very squinty eyes. Moving is exhausting!”

If all goes according to plan (that’s an old phrase that is well to remember), within a week I’ll have successfully moved out of my home and into a new house (hopefully home).

That excerpt was from a quick conversation between two neighbors on a neighborhood street in a neighborhood that is either a suburban version of rural life, or a rural version of suburbia. It was late afternoon and both of us were weary from chores and dealing with obligations. We both also appreciated that weariness is normal in today’s world. Not complaining, simply mutual venting in camaraderie.

Maybe that’s healthy. Compared to most of the people on the planet, we are having good lives. We have the essentials, or at least those that are typical in the US. (We still lack universal health care and a societal safety net, but hey, some day we’ll catch up to the rest of the world.) And yet, responsible people readily fill their lives with helping others, or making difficult personal choices.

Selling a home involves an inordinate amount of paperwork. The seller typically has less to do, and yet, a few hours earlier, I signed about a dozen documents (or at least that many pages) to prove that I approved to sell my house to those buyers for this amount of money under these conditions. Pardon the euphamisms and pronouns but the specific nouns aren’t as important to my point as if their quantity and importance. Buyers have more to do, especially if they are using a mortgage. 

I so look forward to the simpler life of fewer entities involved in the essentials of my life. This is a first major step; with the next steps being at least a year away. Stay tuned for that.

A different friend (who also may be moving), “Are you looking forward to the move?”
Me, “Right now, I’m looking forward to sleeping in.”

For the last several weeks, almost every day has been either cleaning, clearing, decluttering, donating, recycling, or turning into refuse everything I own. And still, there’s an amazing amount to label, pack, and store – even if it is only temporary. Read I Thought I Was A Minimalist for more of that story. An update that is also a lesson is that, it hasn’t been until I am down to about a dozen boxes that I’m finally finding I’ve packed something too early. Two storage units are almost full of tools, unsold art inventory, history, and things like gifted art and books and reminders of friends. 

The paperwork challenges and fatigues the brain. The sorting and shipping and packing fatigues it too, but also stresses the physical. A friend who is getting ready to move (there seems to be a lot of that going on) made me realize it is easy to pack a hundred pounds of stuff every day. After twenty days, that’s more than a ton; and we’ve both been doing the same thing for several weeks. Unfortunately, dining on a U-Haul kind of day is not aerobic, hence I might have to buy new pants because I’ve eaten too many chicken strips and fries.

These reflections are based on what I am experiencing, mostly because I have fewer privacy concerns than some of my friends. And here’s the third element.

Take your pick between emotion and spirit, but that subjective sense of who a person is, is challenged by a move. Our identities are defined by where and how we live. Why is generally assumed based on convention. When is a given as we pass through phases in a life. 

Ultra-minimalists (those people who own fewer than 200 items) and people rich enough to hire out the brain work to lawyers and brokers, and the physical work to contractors and movers, both may skip the tests and trials.  Minimalists have practiced the exercise. With enough wealth, changing houses is more like changing hotels than changing homes.

How did we go from the mindset of nomads who can break camp in a few hours, whether it was tipis, tents, or yurts, and move with no paperwork or duct tape?

They asked about the light at the end of the tunnel. Skipping old jokes, I can finally see it from here, but it feels less like a promised land and more like the end of a marathon with the hope of a massage. Planning for the future comes later.

Layer on changes of address, keeping friends informed so friends can stay in contact, and continually wondering about paperwork, box limits, and existential queries leaves me amazed at everyone I helped buy and sell houses when I was a broker. It’s almost enough to convince me never to move again, or to move soon for practice but also a culling of boxes never opened and emotional chapters to leave in the past.

It’s earlier than usual on a Friday evening, but I’ve already napped enough to convince me that my body wants more recuperation before the next major push: emptying my home, filling the storage units, cleaning a house that is soon to be someone else’s, and peeking ahead at official address changes for me and my businesses.

(writers note: I try to always carry pen and paper to the point that some see it as odd. That first conversation above sparked a different title and content, but I didn’t write it down during time with a friend. I wonder what it was.)

To everyone who goes through similar trials, cheers. I’d toast you, but I think tonight’s a night for ibuprofen instead of alcohol. Good luck to all. Thanks for staying tuned. New chapters arriving daily. I’ll even write some of them down.

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A New Gig – Island Roots Housing

Add this to the mix of the weird and wonderful. I signed the contract to be a Communications Consultant for a non-profit devoted to providing housing for the rest of us. Island Roots Housing

Island Roots Housing is a homegrown nonprofit advancing affordable housing options for generations to come. An offshoot of Goosefoot Community Fund, we are creating affordable housing that enhances the vibrancy and livability of Island County for everyone.

Happy to help. I’m a fan of Island County (search through this blog for Whidbey Island or Island County). Really, I am a fan of not being in The Big City, or Greater Suburbia (money and other things making it all negotiable, of course). Rural counties have special needs. I think urban models have difficulties when they encounter the land of septic tanks and roads that never saw a grid.

Search through this blog for Tiny House, Tiny Home, or Affordable Housing, and find years of posts about tinies. Spread out into work I’ve done for Curbed/Seattle and 360modern.com and find more. Finally, I get to move into one. I get to meet my material in reality. (recent post)

The kicker is that I am moving into a Tiny House that is Not in Island County. And the reason for that is money. (Is $1700/month a good enough reason to move?)

Irony is having fun with me, and I suspect it isn’t done.

Island Roots is not building tiny houses. They’re more conventional because creating any housing is a big enough challenge. NIMBY happens.

Parts of the US economy are doing stellar. Wealth is obvious in tourist towns. Notice, however, how many of the baristas are bicycling in out of necessity, not choice. Notice the parking lots a bit removed from the stores and see cars that look forward to some maintenance, that may be deferred because the rent must be paid before a ding is pounded out.

Island Roots Housing is starting small. I am only now learning if they want to grow. I do know, that regardless of its size, millions of people are hunting for solutions that work in this era. We’re far removed from 1954. Things have changed and old approaches are no longer solutions. I cheer anyone who is organizing such efforts. I also cheer anyone who has the resources and skills to frugally build their own sustainable house sustainably.

Hmm. Maybe that’s next after the My Tiny Experiment? Nah. I’d contract it out. But who knows? I’m me and I don’t know what I will do. You are invited to stay tuned to me, Island Roots, and anyone trying to find new solutions within the anachronisms that somehow persist.

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