New #1!

I'm always up for doing something other than driving Uber/Lyft as both companies have cut way back on the amount of money that can be earned, making it hard to operate profitably depending on where gas prices are (currently up a bit here in UT).

So imagine my glee when I logged into Ipsos to see if dates had flipped over for an upcoming road trip I'm planning.

The dates haven't flipped yet, but there was one remaining very remote Famous Highway gas station shop with the bonus up to $388!

SOLD!

$410 gross pay for about 10 hours on the road and 30 minutes max onsite, assuming there's decent cell coverage.

It could take up to twice as long to generate that kind of gross income driving rideshare. If I needed the cash immediately I'd be forced to do it.

Luckily, in this instance I don't need the funds until early next month. Guessing the shop will be received quickly as it is the last one on the board. Might get paid next week, but even if it's the week after that I'm good.

Have synthesizers, will travel...

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Nice pay day!

Shopping Arkansas, Louisiana, & Mississippi.
I dunno...I like my investments in stocks and bonds which increased 4.1% since the beginning of this year (54 days).

For the slow kids in the back of the class who are bad with math, that means for every $1,000 I had invested on Jan 1st, I now have $1,041.

I didn't even lift a finger (except to type this) smiling smiley

Edited 1 time(s). Last edit at 02/24/2024 12:36PM by maverick1.
@maverick1 wrote:

I dunno...I like my investments in stocks and bonds which increased 4.1% since the beginning of this year (54 days).

Must be nice...

Have synthesizers, will travel...
I've got a 9 month CD sitting at 5.4% interest.... I'm enjoying that along with my 4.9% savings account for my "monthly" spending.

@maverick1 wrote:

I dunno...I like my investments in stocks and bonds which increased 4.1% since the beginning of this year (54 days).

For the slow kids in the back of the class who are bad with math, that means for every $1,000 I had invested on Jan 1st, I now have $1,041.

I didn't even lift a finger (except to type this) smiling smiley
Congrats @CoolMusic That is a nice pay day for a full day's work, even when you factor in the cost of gas. Who knows, you might be able to find some other nicely bonus shops along the way.

@maverick1 I am probably one of those slow kids in the back. Certainly the price appreciation is nice to have in those investments, but @CoolMusic is talking about earnings and you are talking about upward movement on paper which are two different things. I imagine that some of those investments even pay a dividend which I doubt was part of your calculation, but you might reinvest them at this time instead of receiving it in cash. @CoolMusic can use those funds from that work to buy some groceries, but you can't buy groceries with paper gains.

I think many here have investments as well and are using the money earned with MS to supplement income for a variety of reasons like buying food, paying bills, and to saving.

Speaking of investments, I have one that was up over 400% in 2 months. I trimmed a little and it continued higher another 7% after I sold a little. I have not sold any additional shares since and now I am up over 300% without lifting a finger. But that gain is only on paper on the remaining shares. A position isn't a winner or a loser until you close it.



@maverick1 wrote:

I dunno...I like my investments in stocks and bonds which increased 4.1% since the beginning of this year (54 days).

For the slow kids in the back of the class who are bad with math, that means for every $1,000 I had invested on Jan 1st, I now have $1,041.

I didn't even lift a finger (except to type this) smiling smiley
$388 is a great payday anyway you look at it. However, for me I don't do road trips.
FYI Dow Jones at the close of these years:
2008 - 6500
2012 - 13100 (doubled)
2016 - 20000 ( some record numbers)
2020 - 30000 (obviously more record highs)
2024 (now) - 39000+
Those who have not touched their 401ks during that time period could not be happier. I have invested in stocks (mutual funds) for as long as I can remember. However, the middle of last year I started looking too closely at the ups and DOWNS of the numbers, and did a dramatic shift, moving substantial amounts into more fixed income options (CD's/annuities). I lost growth, as the stock market continued to boom, but I have grown to accept and be content with over 5% rate I am getting the next few years. I was told back then that those 5% plus rates would be disappearing soon. I had my doubts, but now I see they are in fact vanishing, especially for longer terms.

As the slow but steady guaranteed growth in my fixed income investments climb, I would still certainly be attracted to a $388 shop in the meantime like the one Coolmusic grabbed.
@viv0412 wrote:

I've got a 9 month CD sitting at 5.4% interest.... I'm enjoying that along with my 4.9% savings account for my "monthly" spending.

@maverick1 wrote:

I dunno...I like my investments in stocks and bonds which increased 4.1% since the beginning of this year (54 days).

For the slow kids in the back of the class who are bad with math, that means for every $1,000 I had invested on Jan 1st, I now have $1,041.

I didn't even lift a finger (except to type this) smiling smiley

Yeah, those slow kids with math...

4.1% YTD is almost 28% APR. That's for everything combined in my portfolio. I laugh at anything under 10% unless it's zero risk. I also realize that this rate of increase (28%) is not typical, but almost 10% is for the S&P500 index.

Not bragging or anything...just sayin' smiling smiley

Edited 3 time(s). Last edit at 02/24/2024 09:37PM by maverick1.
@maverick1 wrote:

@viv0412 wrote:

I've got a 9 month CD sitting at 5.4% interest.... I'm enjoying that along with my 4.9% savings account for my "monthly" spending.

@maverick1 wrote:

I dunno...I like my investments in stocks and bonds which increased 4.1% since the beginning of this year (54 days).

For the slow kids in the back of the class who are bad with math, that means for every $1,000 I had invested on Jan 1st, I now have $1,041.

I didn't even lift a finger (except to type this) smiling smiley

Yeah, those slow kids with math...

4.1% YTD is almost 28% APR. I laugh at anything under 10% unless it's zero risk.

Not bragging or anything...just sayin' smiling smiley

And when that bubble bursts, then what?
@ServiceAward wrote:

@maverick1 wrote:

@viv0412 wrote:

I've got a 9 month CD sitting at 5.4% interest.... I'm enjoying that along with my 4.9% savings account for my "monthly" spending.

@maverick1 wrote:

I dunno...I like my investments in stocks and bonds which increased 4.1% since the beginning of this year (54 days).

For the slow kids in the back of the class who are bad with math, that means for every $1,000 I had invested on Jan 1st, I now have $1,041.

I didn't even lift a finger (except to type this) smiling smiley

Yeah, those slow kids with math...

4.1% YTD is almost 28% APR. I laugh at anything under 10% unless it's zero risk.

Not bragging or anything...just sayin' smiling smiley

And when that bubble bursts, then what?

...back to the typical~10%. I can live on that. How 'bout you?
cool Music, great deal for you. I am celebrating your great find amongst all this talk of stocks and CD;s .
Why the heck is anyone talking about investment gains in a MS thread? Maybe find another place to post off topic comments.
@olympia tennenbaum wrote:

Why the heck is anyone talking about investment gains in a MS thread? Maybe find another place to post off topic comments.

Indeed.

Why anyone making that much off of investments would even bother with mystery shopping is beyond me.

I do this because I have no investments, no savings and no retirement plan currently in place.

All about generating as much cashflow as possible...

Have synthesizers, will travel...
@maverick1 wrote:

I dunno...I like my investments in stocks and bonds which increased 4.1% since the beginning of this year (54 days).

For the slow kids in the back of the class who are bad with math, that means for every $1,000 I had invested on Jan 1st, I now have $1,041.

I didn't even lift a finger (except to type this) smiling smiley


This is a forum about mystery shopping - not investments. There are PLENTY of investing forums you can join and discuss concerning your investments.
@PA Shopper wrote:

@maverick1 wrote:

I dunno...I like my investments in stocks and bonds which increased 4.1% since the beginning of this year (54 days).

For the slow kids in the back of the class who are bad with math, that means for every $1,000 I had invested on Jan 1st, I now have $1,041.

I didn't even lift a finger (except to type this) smiling smiley


This is a forum about mystery shopping - not investments. There are PLENTY of investing forums you can join and discuss concerning your investments.

Yeah, 'cause there isn't any other tangential topics like the "name game", or "what are you having for dinner", etc. on this forum. Me thinks there are just some folks who are unable to comprehend other points of view or adjacent commentary. Hey, I use coupons sometimes and negotiate listed prices too. Mystery shopping is just another avenue along those lines.

Edited 1 time(s). Last edit at 02/25/2024 08:15PM by maverick1.
@maverick1 wrote:

@PA Shopper wrote:

@maverick1 wrote:

I dunno...I like my investments in stocks and bonds which increased 4.1% since the beginning of this year (54 days).

For the slow kids in the back of the class who are bad with math, that means for every $1,000 I had invested on Jan 1st, I now have $1,041.

I didn't even lift a finger (except to type this) smiling smiley


This is a forum about mystery shopping - not investments. There are PLENTY of investing forums you can join and discuss concerning your investments.

Yeah, 'cause there isn't any other tangential topics like the "name game", or "what are you having for dinner", etc. on this forum. Me thinks there are just some folks who are unable to comprehend other points of view or adjacent commentary. Hey, I use coupons sometimes and negotiate listed prices too. Mystery shopping is just another avenue along those lines.


So, in a separate thread? Not in a thread about gas station shops?
For enough money to buy the replacement transfer case my POS Jeep needs I would drive 10 hours.. Get that money Cool!!
OK. I am guilty as charged regarding the aforementioned off topic talk. I will do better. Way to go Coolmusic! I wish the heck one day I could announce a similar find.
10 hours driving... so 500 miles? 600 miles? $410 doesn't look great when you have to subtract $300 in mileage expenses.
@boridi wrote:

10 hours driving... so 500 miles? 600 miles? $410 doesn't look great when you have to subtract $300 in mileage expenses.

Although road trips and doing all that driving is not my cup of tea, I can see someone making an unconventional argument that the mileage rate $0.67 x 500= $335 washes out the "mileage expense," and does not diminish the value of the $388 payout. If I did do something like this, I'm sure would be picking up a couple of easy fast food joint shops and other gas shops along the way to help minimize those "expenses."
@boridi wrote:

10 hours driving... so 500 miles? 600 miles? $410 doesn't look great when you have to subtract $300 in mileage expenses.

Those of us who do a lot of driving take steps to minimize our mileage expenses. Vehicles with good gas mileage and lower repair costs, for example. Less expensive cars or well-maintained older vehicles with less value to depreciate. The figure of 66.7 cents is just an "avaerage" that takes into account big expensive pickups, delivery vans, and other vehicles that are more expensive to buy, run, and maintain.

Just off the cuff, I would estimate $200 in expenses for a 600 miles trip. AT 66.7 cents, I would get to deduct $400. So with that extra $200 deduction I would save about $50 in taxes, and that $410 starts to look pretty good..
"And when that bubble bursts, then what?"

I buy more at a discounted price

Edited 1 time(s). Last edit at 02/27/2024 06:52AM by a-scho.
Great job snagging that one. I'm a kindred spirit in that regard. I like the remote high dollar mystery shops.

When I read the OP, I just knew the way this thread would go. There is always someone with a "Yeah but....". I wonder if it is just human nature (for some) to try to burst someone else's bubble....

I did that Uber/Lyft thing for about a year. I love not having a report to fill out but man, that is a lot of hustling. I still do it from time to time but the situation has to be almost perfect. For me that means 3 things:

Clean car--empty trunk.----- Just a pride thing really. I've been in some crummy Ubers.

Sunny day.----- I don't want wet people getting in my car so if its raining, I'm not driving.

Airport Pick-Ups only.-----Our airport is surrounded by acres and acres of nothing so the trips are long and the riders are usually affluent. A lot of times that turns into tips for helping with the luggage A lot of times it doesn't though.

As you may imagine, I don't make a lot of money doing it because of these conditions I self-impose but I also don't have to worry too much about the idiosyncrasies of the riders.
My preference is multiple income streams & multiple $$ saving tips...paid work, investment income, smart shopping, negotiating, etc.
I wouldn't compare situations...we all have them....best of luck to all of us.

Edited 1 time(s). Last edit at 02/28/2024 11:52AM by BarefootBliss.
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