Put up your hand if somewhere in your home, basement, or garage you have an old computer (or maybe just computer parts) that you refuse to throw away. On some level, you know that your 1998-era HP Pavilion cannot perform a single modern computing task and, is such, is worthless. But you can’t get rid of it, because, darn it, you paid two thousand dollars for it.
This is the “Disposition Effect”. Investors suffer from this all the time; when a stock is losing value. instead of selling it and taking what they can get, they hold on to it. It’s not optimism that it’s going to go up (they’ll do it even if all evidence says it won’t), but rather being too upset at the idea of selling it for less than they paid. It’s the same impulse that makes people hoard useless stuff, unable to grasp the fact that it’ll never be used again.
Once again, there are entire industries profiting from our malfunction. Self-storage companies bank on us being willing to pay two hundred dollars a month to store a bunch of stuff so useless that we don’t even want it in our garage, instead of just selling it (or doing something really tacky, like donating it to charity). Let’s take a moment to think about what you have stored that will never be used again and is just taking up space.
We have all done this and some are still collecting or storing unwanted stuff. There is no time like now to seek professional help if you don’t know where to start or what to toss or to keep.
If you are in need of assistance, it’s time to call or book in for a consultation.
Note: As we go through the Covid-19 Pandemic, all safety precautions WILL be in place. Social distancing, masks & gloves and bacterial wipes will be implemented to make your organizing experience a great one.
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