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[Copypasta]The real power of compounding
Remember, if you lose 10% a day over several days you’re actually losing less money as time passes. This is what people mean when they talk about the power of compounding
Remember, if you lose 10% a day over several days you’re actually losing less money as time passes. This is what people mean when they talk about the power of compounding
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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.
GME $1000 IS NOT A MEME
🚀🚀🚀 UPVOTE/GILD SO PEOPLE CAN SEE 🚀🚀🚀
LISTEN TO ME. DO NOT SELL TOMORROW. OR ANY DAY THIS WEEK. Drops are coming. They are counting on fear to beat us. It’s the only weapon they have on us, but it won’t work because we are retarded. The people are finally taking the power back from these boomer hedge fund big money shorting douchebags - the same people who fucked everyone over in 2008 with CDOs and continue to fuck you over to this day. Get ready to make Melvin throat hard retard dick. We only have strength if we stay in this TOGETHER. HOLD THE LINE. THE SHORT SQUEEZE HASNT HAPPENED YET. Don’t pussy out you fucking idiots. $1000 IS NOT A MEME. I love you all, you beautiful autistic bulls. Hang tight while we ride this thing into the FUCKING STRATOSPHERE.
APES TOGETHER STRONG 🦍 💎 🚀
🚀🚀🚀 UPVOTE/GILD SO PEOPLE CAN SEE 🚀🚀🚀
LISTEN TO ME. DO NOT SELL TOMORROW. OR ANY DAY THIS WEEK. Drops are coming. They are counting on fear to beat us. It’s the only weapon they have on us, but it won’t work because we are retarded. The people are finally taking the power back from these boomer hedge fund big money shorting douchebags - the same people who fucked everyone over in 2008 with CDOs and continue to fuck you over to this day. Get ready to make Melvin throat hard retard dick. We only have strength if we stay in this TOGETHER. HOLD THE LINE. THE SHORT SQUEEZE HASNT HAPPENED YET. Don’t pussy out you fucking idiots. $1000 IS NOT A MEME. I love you all, you beautiful autistic bulls. Hang tight while we ride this thing into the FUCKING STRATOSPHERE.
APES TOGETHER STRONG 🦍 💎 🚀
If Apple opens super green tomorrow
If Apple opens super green tomorrow, I will buy a green Apple and cut a 1/4in hole in it and fuck it with my peen.
If Apple opens super green tomorrow, I will buy a green Apple and cut a 1/4in hole in it and fuck it with my peen.
Did you ever hear the tragedy of Darth JPOW The Wise?
Did you ever hear the tragedy of Darth JPOW The Wise? I thought not. It’s not a story the Motley Fool would tell you. It’s a 🏳️🌈🐻 legend. Darth JPOW was a Dark Lord of the FED, so gay and such a bear he could use his money printer to influence the economy to create inflation… He had such a knowledge of the economy that he could even keep stonk prices from falling. The dark side of the economy is a pathway to many abilities some consider to be… transitory. He became so powerful… the only thing he was afraid of was losing his tendies, which eventually, of course, he did. Unfortunately, he taught Nancy Pelosi everything he knew, then she sold at the top. Ironic. He could save others from market corrections, but not himself.
Did you ever hear the tragedy of Darth JPOW The Wise? I thought not. It’s not a story the Motley Fool would tell you. It’s a 🏳️🌈🐻 legend. Darth JPOW was a Dark Lord of the FED, so gay and such a bear he could use his money printer to influence the economy to create inflation… He had such a knowledge of the economy that he could even keep stonk prices from falling. The dark side of the economy is a pathway to many abilities some consider to be… transitory. He became so powerful… the only thing he was afraid of was losing his tendies, which eventually, of course, he did. Unfortunately, he taught Nancy Pelosi everything he knew, then she sold at the top. Ironic. He could save others from market corrections, but not himself.
Red futures :(
Bought a bunch of calls thinking I was going to be able to afford an escort to shit on my chest, now it's these red futures that are shitting on my chest.
Bought a bunch of calls thinking I was going to be able to afford an escort to shit on my chest, now it's these red futures that are shitting on my chest.