Oh my gourd, I am financially ruined (agricultural futures)
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
twitchquotes:(»° _ °«) R-Reynad-sama? Could you please, um, roleplay, so when your hero takes damage... you um, p-pretend y-you take damage...! T-thank you... (>/////<)
(»° _ °«) R-Reynad-sama? Could you please, um, roleplay, so when your hero takes damage... you um, p-pretend y-you take damage...! T-thank you... (>/////<)
My idiot boyfriend spent my college fund on dog coins how do I get it back???
He talked me into spending the $8500 I have on dog coins because something was supposed to happen yesterday which would have given us more money?? but it didn't actually happen or got canceled or something I don't really know or understand how it works but I went to the dog coin site to withdraw my money and there is only about $6700 of it there, where is the rest of it? I tried looking at the faq but don't really get it
He talked me into spending the $8500 I have on dog coins because something was supposed to happen yesterday which would have given us more money?? but it didn't actually happen or got canceled or something I don't really know or understand how it works but I went to the dog coin site to withdraw my money and there is only about $6700 of it there, where is the rest of it? I tried looking at the faq but don't really get it
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