Gotta grab life by the horns…
Or, the…
Perhaps it was serving in Vegas, but the gambling has entered my bloodstream.
About half a year ago I decided to begin putting some money in the market. Not because I was familiar with how anything works. Not because I had the money (starving student, remember?). Not because it was the smartest thing to do. I did it because I was bored. I wanted to feel more “grown up”, so I found a big boy game to play.
Just before I actually invested in the market I played one of those virtual stock-market games. The fact that I did horribly in the make-believe version didn’t scare me off. The make-believe version served as a gateway drug of sorts. Once I had gotten the hang of how trading works I dived in head first (by having “the hang of”, I mean I understood which button bought and which button dumped stock; not that I knew anything about strategy). So, in fact, I dived in head first not knowing if there was any water in the pool.
In the past months many naysayers have lectured me on how playing the market without understanding the market is just plain stupid. Granted, it makes logical sense. However, I’m playing a card that we often don’t expect seeing in the deck, like someone slipped in one of the Jokers. The card I’m playing: Dumb Luck!
While many of my naysaying comrades have been taking a beating in their portfolios, I’ve followed what to this point is seemingly the right advice (by listening to the analysts and using my ignorance in some lucky picks). My portfolio, while it hasn’t reach incredible heights, has managed to avoided tanking along with most of the market. It has remained steady in the face of adversity.
In fact, it has even had some very amazing moments. Por ejemplo: My Chinese internet stock (China is the future, in case you didn’t get the memo) had a 29 dollar per share increase just yesterday. That’s 12% in one day. Sitting in a savings account that would have been what? 5% in a year? “get that corn out my face!”
One word: BOOYAH!!! (naysayers, you know who you are)
