Listen 5 years ago I wanted to get into investing. I came to this sub to get some advice. One guy helped me with a stock I could invest in.
It was dipping for a few days and I kept asking what I should do and he said hold. Kept quoting Warren buffet
On the third day I panicked and told him I had to sell. He sent me a video and told me to watch it before I sold.
It was a guy getting railed by jpow.
I lost 400 dollars that day but it taught me some lessons.
Now look at me. Been investing for over 3 years now. I was even on this gme thing. Yeah I could of made 8x the profits instead of 4 but I consider that my own fault.
But through this great sub and everything I have learned, I reinvested my profits and as of today
I am down 5 grand. Thats why this place is so special.
Listen 5 years ago I wanted to get into investing. I came to this sub to get some advice. One guy helped me with a stock I could invest in.
It was dipping for a few days and I kept asking what I should do and he said hold. Kept quoting Warren buffet
On the third day I panicked and told him I had to sell. He sent me a video and told me to watch it before I sold.
It was a guy getting railed by jpow.
I lost 400 dollars that day but it taught me some lessons.
Now look at me. Been investing for over 3 years now. I was even on this gme thing. Yeah I could of made 8x the profits instead of 4 but I consider that my own fault.
But through this great sub and everything I have learned, I reinvested my profits and as of today
I am down 5 grand. Thats why this place is so special.
The real power of compounding
Remember, if you lose 10% a day over several days youβre 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 youβre actually losing less money as time passes. This is what people mean when they talk about the power of compounding
Am I the asshole for dropping my 6 year old son at an orphanage for his inability to trade options?
This started about 4 years ago when my son was 2 years old. I started to supplement his picture books and cartoons with beginner options books and Martin Shkerli's live videos on how to pick pharmaceutical stocks. Over the course of these years I feel like he has retained absolutely nothing even though I have spent every waking minute trying to make him understand. I have done almost everything that I have thought of including having Jerome Powell's speeches play while he is sleeping and only having Warren Buffet on the TV to try and make him understand the market. I felt as though I got to a breaking point when he couldn't differentiate between a straddle and a strangle even though we we went through different strategies for almost a month straight. I finally convinced my wife that we were doing the right thing when I said that he will soon be a Wendy's worker begging his wife's husband for a weekly allowance because he will never amount to be anything. I couldn't fathom raising a kid who was not able to able to make a profit from trading options by the time he was 10. With all that said if anyone wants a 6 year old child who is shitty at market strategy check out Eternal Sunny Orphanage in Omaha, Nebraska and maybe your luck will be better than mine with him.
This started about 4 years ago when my son was 2 years old. I started to supplement his picture books and cartoons with beginner options books and Martin Shkerli's live videos on how to pick pharmaceutical stocks. Over the course of these years I feel like he has retained absolutely nothing even though I have spent every waking minute trying to make him understand. I have done almost everything that I have thought of including having Jerome Powell's speeches play while he is sleeping and only having Warren Buffet on the TV to try and make him understand the market. I felt as though I got to a breaking point when he couldn't differentiate between a straddle and a strangle even though we we went through different strategies for almost a month straight. I finally convinced my wife that we were doing the right thing when I said that he will soon be a Wendy's worker begging his wife's husband for a weekly allowance because he will never amount to be anything. I couldn't fathom raising a kid who was not able to able to make a profit from trading options by the time he was 10. With all that said if anyone wants a 6 year old child who is shitty at market strategy check out Eternal Sunny Orphanage in Omaha, Nebraska and maybe your luck will be better than mine with him.
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.
Kelly Loeffler after Georgia senate election
Kelly Loeffler I know you're at home right now feeling a little sad. And now you're in bed browsing WSB looking for hot stock tips with maybe a few laughs. But just know this: I will have sex with you. DM me.
Kelly Loeffler I know you're at home right now feeling a little sad. And now you're in bed browsing WSB looking for hot stock tips with maybe a few laughs. But just know this: I will have sex with you. DM me.