I have a son who is only 2 months old, and over the last week or two, SWMBO (She Who Must Be Obeyed) and I noticed that he was getting very skinny. My wife went and seen the doctor, and he suggested to put him on to rice cereal (the baby cereal), and to give him watered down cows milk also, but that didn’t seem to help any. We were weighing him every couple of days at the chemist, on their baby scales, and he definitely wasn’t putting on any weight.
On Monday we took him to the hospital to see the Paedatrician, who got very upset when he was told that he was eating cereal and drinking cows milk. He weighed in at 250gms less than his birth weight on Monday, scary, you should have seen how skinny he looked, especially since he has grown like 6cm since birth also.
He is still in hospital now, and I have been told this afternoon that he will be in there till Monday. They are giving him a top up of Formula after every feeding, and my wife is taking some tablets (Motilium) for the next few weeks to help with milk production (supposedly). As of today he has gained 300gms, hopefully he will be up another 300gms by Monday, which will put him back well above his birth weight.
Fingers crossed. I may write a follow up next week, when things progress. We will see how we go.
At the beginning of last month I started reading Steve McKnights book “From 0 to 130 Properties in 3. 5 Years” and got all wrapped up in the excitement of it all and starting buying more books and magazines about investing in property. I joined PropertyInvesting.com, SomerSoft.com.au, and CashFlowCapital.com.au (and a host of others) to get ideas on how to find/create positive cashflow Investment Properties.
In Steve McKnight’s books he mentions the concept of looking at property as an investment and provides an easy to follow form for listing all expenses, income, and initial outlay, which can then be calculated to give you a yearly cashflow vs the initial outlay, otherwise know as the ‘Cash on Cash Return’. This is a percentage figure, which gives you an idea of how well a property is as an investment. So if the figure is calculated out at say 5%, then its not a real good investment, as putting that initial outlay into an internet savings/investment account would give you better yields (6%+).
Now the reason I have mentioned the above, and also for the title, is, early last month I quickly whipped up a webpage that has one of these Calculators on it. The web address is www.ipcfc.mine.nu
Please feel free to use it as you wish.
At the beginning of last week I stumbled across some Facebook Apps for sale on SitePoint.com. A collection of 22 TV show club apps, 2 action apps, and 1 win cash prize for earning the most points. Anyway, I handed over payment to the seller on the 20th and have only heard from them once since then. Luckily I used PayPal to make the payment, but I am still not real happy about this. The last time I had to deal with PayPal, it took, I think from memory, something like 2 months to get the money back. And as far as I can tell if the seller empties his bank account that is linked to PayPal, then PayPal has nothing to retrieve. I assume in this situation I get the ’sorry cant help ya’ response, and they blacklist the seller. Doesn’t help me any though.
The annoying part is, I put down this biggish investment, in the hope to make some good revenue off the Apps, after they paid for themselves, which should of been after about 5-6 months, judging by previous performances. I even started formulating ideas on how to make them more interesting and popular, and even started actively participating on 1 of them. Now, not only do I have to try and find some spare cash in the short term to fill the hole left in my pocket, but depending on PayPal’s success I may be out of pocket in the long term also. Bugger, bugger, bugger.
I guess it is a waiting game now…