Thursday, May 5, 2011

Balancing on a Cliff:My Financial Future

While, I've been investing my monies in the stock market for some time now, and I've had my ups and downs, made some money and lost some money, but one thing I cannot wait for is the Bureau of Labor and Statistics' nonfarm payrolls report tomorrow. This report could make or break my week, month, year, and life because right now my entire portfolio is going against the bull market. All of the miniscule amount of money in the world that has my name on it is hoping for a small number tomorrow and a massive selloff in equities so my money can transform into a Ferrari, a sweet motorcycle, or maybe so that I can have any money left at all.

I know that putting all of my proverbial eggs into a single basket is extremely risky, but sometimes you just have to do something massively stupid because your gut is telling you to. I probably should have postponed listening to my gut and eaten some tacos, but oh well. It only feels fitting now that I should realize what I've done and produce some quotes from famous people about

  1. how you have to risk to gain
  2. how a fool and his money are soon parted
  3. how to only way to leave a casino with a small fortune is to go there with a large one
 but I'll wait and see what tomorrow brings. These are my two options for tomorrow, bad or good.

even george washington knows that the stock market will make you cry sometimes with a bear market
stock broker that made way too much money from the market crash of 2011

Lets just hope that 1. tomorrow goes very well and 2. that accounts cannot overflow, but that mine will test that theory.

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