May 29, 2013

• Probably the stupidest thing I've done

  I decided to collectively cash out all of my stock positions held in high rated corporations with excellent fundamentals in order to dump into a combination of junk stocks, super-junk stocks, and super-duper junk stocks.

  Why did I do this? Because life is too short, and you can't just always play it safe all the time and expect to get ahead. No. Sometimes you gotta take risk, big risk. You gotta take big chances to make big gains. 

  I said I wanted to retire by the time I am 35 and I was completely fucking serious when I said that. No, I don't mean retire in the sense that I want to go live on an island in the Bahamas or some Verizon FIOs enabled cabin in the Rockies... I mean retire in the sense that I am so fucking god damn financially secure that I don't NEED to work because I NEED the money, I work because I ENJOY it, and I have the FREEDOM to do whatever it is that I want whenever I want. 

  I realized that at the current safe route I am going, I was looking to retire in my 50s. No. Too late. I want to conquer Asia like Genghis Khan, that's never going to happen when I'm 50. There is no way I can ride around as a fearless warlord when I'm distracted by the onset of arthritis, Alzheimer's, and breaking my hip from having a bad dismount on my trusty stead. 

  So thus, I've decided to take on a risk. An insane amount of risk infact, so much that I can't even be surprised or mad if I end up losing all of my savings besides the 401k that I thankfully cannot touch else I'd dump all of that into junk stocks and bonds as well.

  Some might call me greedy, others might call me impatient, and a couple more might just outright say that I'm an idiotic moron for doing what it is that I'm doing, but you know what, I DON'T GIVE A FUCK. LOL.

  DON'T CARE. DON'T CARE. DON'T CARE.

  *jumps up from laptop, rips off clothes and starts dancing around naked*

  Anyway...

  I'm aware of the potentially disastrous consequences which I will face in the near future, I am also aware of the extremely high upside.... At the end of the day people live how they want to live and they will continue to do so despite the sound advice and counsel which wiser and more experienced individuals may provide them. I can now say that I am one of those arrogant and reckless people. I've thrown out all of my investing books/knowledge and brought into the speculation game.

  Hope for the best!

  • 2:10 am
  • 2 Comments