Back near the end of May someone asked me if I enjoyed investing so much why I wasn’t doing it for myself. My first answer was I needed more money. Now I have more money, and ironically it is enough to do a deal. The problem is I like where that money is and do not think right now is a good time to pull any of it out.
What happened was a fairly radical change in investment strategy. Before that I had most of my money in a large cap ETF and a few stocks I had mirrored the firm that is in charge of the family investment account on. It had great success and then I thought what if I add margin and options to this and then I had too much early success.
Now that we are a few months removed from that time I can see that my first contract being that successful might not have been a good thing and I would have sold much sooner if I had the lessons I have now. In that case it would have been a very good thing.
As far as other lessons go the big one is I need to stay off Reddit, and ironically I sat down to write this thinking I should write about something really happening in my life. Instead here I am writing about the market again because I woke up and saw another dumb post on the dumbest site on the internet.
I do think I was looping there and got sidetracked for a second because I was talking about my investing. The day someone asked why I didn’t invest more for myself. The realization that $100K houses exist in Norfolk and that I have the money now to get one if I want, but that I think the money is better off where it is for now.
The real question is what does this all mean in the real world. When we pull our head out of the digital and financial world what do we see around us? Would my family be better off with money going into Google or a small bungalow in Norfolk we rent out? Or maybe I need to concentrate on Stable Hands a little more.
I have no idea what is best for real life other than to keep living my life and poking all the beast around me until one bursts.
