My past month. Not selling or buying anything atm. Stocks are only like 30% of my financial assets though so, not too worried. Can take a bit of a beating. Also don't really need the liquidity rn anyways not like I'm spending a bunch of money.
so update, i know i usually talk about my winnings but lets talk losses, we've all been hit by a really stupid stock market the last month
post your loss porn here, here's me at $-28,482.25 in the last month, or about 40% (73k was my all time high)
so, let's talk about why i am not freaking out, but yes i am annoyed as fuck on the inside.
I started 2020 with $90 net worth, that's all i had in cash and in my bank.
i made money from using my unemployment check and refunding stuff, the networth tracking app didn't show but i exploded from 8k to 23k once i opened my first investing account. so basically tldr;
- Investment Cost Basis: $23,000
- Currently at $40,000
I AM STILL IN THE GREEN. which makes me feel good, but yes it does suck losing half your account in a month
update on my Positions as well since I talked about what I had 3 weeks ago,
- 115x TSLA Shares
- 1x Weekly OTM Covered Call's on TSLA (wheeling strategy)
- 75x OTGLY Shares (Cyberpunk 2077)
- 1x LNFA Warrant (SPAC, meme/hype play)
What's changed: sold all my shroom stocks to buy more TSLA and cover my margin call (I still owe $2k more as of today)
I chose to sell shrooms because they're highly speculative, time horizon is still 4-8 years away so I have plenty of time to buy back in, and TSLA is at a fucking discount.
My past month. Not selling or buying anything atm. Stocks are only like 30% of my financial assets though so, not too worried. Can take a bit of a beating. Also don't really need the liquidity rn anyways not like I'm spending a bunch of money.
Last edited by Bernard; 03-05-2021 at 06:47 PM.
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Minion: 11/28/12-3/15/14
cycle out of tech stocks bruh
BRING BACK BT, BRING BACK SAGA, BRING BACK VF, BRING BACK MPGHCRAFT, BRING BACK HABAMON
this is why i dont fuck with stocks
THE EYE OF AN ADMINISTRATOR IS UPON YOU. ANY WRONG YOU DO IM GONNA SEE, WHEN YOU'RE ON MPGH, LOOK BEHIND YOU, 'CAUSE THATS WHERE IM GONNA BE
"First they ignore you. Then they laugh at you. Then they fight you. Then you lose.” - Dave84311
HAVING VIRTUAL DETOX
boy (03-08-2021)
Didn't sell. Just buying. I am putting about 3200 this month (maybe a bit more). I hope the market tanks like 30% more. It is my christmas dream.
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sometimes you gotta lose to win also its the market so you don't have to sell, they are not losses unless you realize them. TRUST THE PROCESS
Any swings for the mid to long-term?