Author Topic: Stealth wealth -- If they only knew (stories)  (Read 9522 times)

Dicey

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Re: Stealth wealth -- If they only knew (stories)
« Reply #50 on: November 02, 2020, 06:48:49 AM »
I cannot pass on the sign up bonuses, get approved to all of them and then sell as TLs. None of them knows how much I make by selling TLs (well, no one talks about TLs anyways).
What is TLs? I tried a Google search but that didn't help.

I am enjoying this thread. We are not at the "Wealth" stage yet, but we are doing okay on the Stealth part.
Trade Lines. It's where you let people be Authorized Users on your lines of credit to enable them to temporarily boost their credit scores. Details here:
https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/

secondcor521

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Re: Stealth wealth -- If they only knew (stories)
« Reply #51 on: November 02, 2020, 12:16:20 PM »
I cannot pass on the sign up bonuses, get approved to all of them and then sell as TLs. None of them knows how much I make by selling TLs (well, no one talks about TLs anyways).
What is TLs? I tried a Google search but that didn't help.

I am enjoying this thread. We are not at the "Wealth" stage yet, but we are doing okay on the Stealth part.

Tradelines.

https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/

Segare

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Re: Stealth wealth -- If they only knew (stories)
« Reply #52 on: November 05, 2020, 06:59:03 AM »
Trade Lines. It's where you let people be Authorized Users on your lines of credit to enable them to temporarily boost their credit scores. Details here:
https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/

Tradelines.

https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/

Thank you both for the reply.
I don't think I that is for me, at least not now while we are full time workers.

Dicey

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Re: Stealth wealth -- If they only knew (stories)
« Reply #53 on: November 05, 2020, 07:41:07 AM »
I'll admit, I'm not a huge fan of the idea and would rather pursue travel hacking. However, it did prove useful in a different context. We have rental property in a Senior Community. We also use a Realtor for tenant placement, as said property is not close to our home. The Realtor brought us a potential tenant. I looked at his paperwork and noticed that he was an "authorized user" on his mother's account. I knew what that meant, so I dug deeper and he turned out to be a financial nightmare. Dodged a bullet on that one, thanks to the TL thread.
« Last Edit: November 05, 2020, 02:16:17 PM by Dicey »

SwordGuy

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Re: Stealth wealth -- If they only knew (stories)
« Reply #54 on: November 05, 2020, 09:04:43 AM »
I'll admit, I'm not a huge fan of the idea and would rather pursue travel hacking. However, it did prove useful in a different context. We have rental property in a Senior Community. We also use a Realtor for tenant placement, said said property is not close to our home. The Realtor brought us a potential tenant. I looked at his paperwork and noticed that he was an "authorized user" on his mother's account. I knew what that meant, so I dug deeper and he turned out to be a financial nightmare. Dodged a bullet on that one, thanks to the TL thread.
Knowledge is power.

JoJo

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Re: Stealth wealth -- If they only knew (stories)
« Reply #55 on: November 05, 2020, 09:34:02 AM »
I'm on an extended road trip this fall.  I got a cracked windshield in AZ, and was told by shop it would take at least 3 hours to replace.  So, I'm walking around a small city (maybe 20K) but it's nearly 100 degrees, so I was sitting in a shade ramada in a park.  A guy stops his work truck and approaches me with $2 in his hand.  He thought I was homeless!  I was wearing a nice tank top and a skort, and sporty flip flops, all in clean and decent shape.

I thanked him but told him I wasn't homeless or in need and declined the money.

After I told a friend, she thought it may have been a test of solicitation... like if I took the money he might have offered more, but I'm just hopeful it was a legit wanting to help someone in need. 

spartana

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Re: Stealth wealth -- If they only knew (stories)
« Reply #56 on: November 08, 2020, 11:59:54 PM »
I'm on an extended road trip this fall.  I got a cracked windshield in AZ, and was told by shop it would take at least 3 hours to replace.  So, I'm walking around a small city (maybe 20K) but it's nearly 100 degrees, so I was sitting in a shade ramada in a park.  A guy stops his work truck and approaches me with $2 in his hand.  He thought I was homeless!  I was wearing a nice tank top and a skort, and sporty flip flops, all in clean and decent shape.

I thanked him but told him I wasn't homeless or in need and declined the money.

After I told a friend, she thought it may have been a test of solicitation... like if I took the money he might have offered more, but I'm just hopeful it was a legit wanting to help someone in need.
LOL!  This happens to my sister (also FIREd) a lot. She had an 20 year old truck with a shell (I did too) and dressed...er ... VERY casually so people always thought she was homeless and living in her truck. Didn't help that it was loaded with very high end sports gear that was covered by ratty blankets so added to the homeless look. Helps that's she adorable and sweet looking so people were always trying to give her food and money.

My own stealth wealth (although not as wealthy as my sister) is my small old "beater" house (bought with cash in a HCOLA) instead of a mcmansion and being car less for almost a year.  I must be sooo poor! The fact that I've been living off investments mostly since 36 without working doesn't seem to matter.
« Last Edit: November 09, 2020, 12:09:17 AM by spartana »

waltworks

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Re: Stealth wealth -- If they only knew (stories)
« Reply #57 on: November 09, 2020, 07:38:23 AM »
That person did not think you were homeless.

-W