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[Copypasta]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.
Can you guys critique my portfolio? New investor looking for guidance
Not sure if this is the best place to post this but I just inherited 1.5M from my distant uncle and want to make him proud. Right now my portfolio I have:
10% LUCK
20% SKLZ
15% CPW
5% PLTR
50% PAIN
and 100% R.TO (RTN)
is this an ok for a beginner looking for conservative annual 37% gains?
Not sure if this is the best place to post this but I just inherited 1.5M from my distant uncle and want to make him proud. Right now my portfolio I have:
10% LUCK
20% SKLZ
15% CPW
5% PLTR
50% PAIN
and 100% R.TO (RTN)
is this an ok for a beginner looking for conservative annual 37% gains?
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.
WSB Choose your fighter
Choose your fighter
Alex Magikarp π
Elon TechnoCuckLord π€+π€΄
Jeff Divorcedzos π
Salmonella π Nutella π«
Bill "HELL Giga GUH is coming" Clownman π€‘
Chamath, "I'm abouta fuck shit up" Papaya π
Ryan Cocken your butthole π₯π¦ πππ³
π₯ Z π₯ U π₯ C π₯ C π₯
Tim π Bottom π ±οΈENIS
Jack Ma MIA π€·ββοΈ
Cathie "A prayer a day keeps the π»s' away" or "Jesus, take my buying power" Woods πβοΈ
Choose your fighter
Alex Magikarp π
Elon TechnoCuckLord π€+π€΄
Jeff Divorcedzos π
Salmonella π Nutella π«
Bill "HELL Giga GUH is coming" Clownman π€‘
Chamath, "I'm abouta fuck shit up" Papaya π
Ryan Cocken your butthole π₯π¦ πππ³
π₯ Z π₯ U π₯ C π₯ C π₯
Tim π Bottom π ±οΈENIS
Jack Ma MIA π€·ββοΈ
Cathie "A prayer a day keeps the π»s' away" or "Jesus, take my buying power" Woods πβοΈ
I need Tesla to go $3k eoy
Ran out of condoms and told my gf I'm a pull out king. Went in raw and found out I'm king of shit. She now preggo and I need Tesla to go $3,000 eoy.