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Oh my gourd, I am financially ruined (agricultural futures)
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
Classic
WallStreetBets
I'm just a memer
twitchquotes:
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β just a memer γ½ο½γ½ο½γγ½γ½ο½γ½ο½γο½γ½ο½γγ½γ½ο½γ½ο½γγ½γ½ο½γ½γγ½γ½
β just a memer γ½ο½γ½ο½γγ½γ½ο½γ½ο½γο½γ½ο½γγ½γ½ο½γ½ο½γγ½γ½ο½γ½γγ½γ½
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Forsen
Classic
Do not fear a man that spams 1000 memes
Do not fear a man that spams 1000 memes, instead fear a man that spams a meme 1000 times Put shoe on head to prove not pre-recorded
twitchquotes:
γ½ΰΌΌΰΊΩΝΰΊΰΌ½οΎ PUT SHOE ON HEAD TO PROVE NOT PRE-RECORDED γ½ΰΌΌΰΊΩΝΰΊΰΌ½οΎ
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Classic
Now Playing: Despacito
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Ι΄α΄α΄‘ α΄Κα΄ΚΙͺΙ΄Ι’: Despacito
ββββββββββββββββͺβββββββββββββββββββ
βββ ββ β βΊβΊβ β β 1:17 / 3:48 β ββββ πβ α΄΄α΄° β β ββ
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