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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.
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.
Am I the asshole for dropping my 6 year old son at an orphanage for his inability to trade options?
This started about 4 years ago when my son was 2 years old. I started to supplement his picture books and cartoons with beginner options books and Martin Shkerli's live videos on how to pick pharmaceutical stocks. Over the course of these years I feel like he has retained absolutely nothing even though I have spent every waking minute trying to make him understand. I have done almost everything that I have thought of including having Jerome Powell's speeches play while he is sleeping and only having Warren Buffet on the TV to try and make him understand the market. I felt as though I got to a breaking point when he couldn't differentiate between a straddle and a strangle even though we we went through different strategies for almost a month straight. I finally convinced my wife that we were doing the right thing when I said that he will soon be a Wendy's worker begging his wife's husband for a weekly allowance because he will never amount to be anything. I couldn't fathom raising a kid who was not able to able to make a profit from trading options by the time he was 10. With all that said if anyone wants a 6 year old child who is shitty at market strategy check out Eternal Sunny Orphanage in Omaha, Nebraska and maybe your luck will be better than mine with him.
This started about 4 years ago when my son was 2 years old. I started to supplement his picture books and cartoons with beginner options books and Martin Shkerli's live videos on how to pick pharmaceutical stocks. Over the course of these years I feel like he has retained absolutely nothing even though I have spent every waking minute trying to make him understand. I have done almost everything that I have thought of including having Jerome Powell's speeches play while he is sleeping and only having Warren Buffet on the TV to try and make him understand the market. I felt as though I got to a breaking point when he couldn't differentiate between a straddle and a strangle even though we we went through different strategies for almost a month straight. I finally convinced my wife that we were doing the right thing when I said that he will soon be a Wendy's worker begging his wife's husband for a weekly allowance because he will never amount to be anything. I couldn't fathom raising a kid who was not able to able to make a profit from trading options by the time he was 10. With all that said if anyone wants a 6 year old child who is shitty at market strategy check out Eternal Sunny Orphanage in Omaha, Nebraska and maybe your luck will be better than mine with him.
I'm actually a pretty advanced bait station designer
I'm actually a pretty advanced bait station designer. While my formal education is a bit lacking, my cad and computer animation skills are really good, and I have some truly paradigm shifting ideas for bait stations, both vr and non vr.
currently in the beginning stages of seeking VC funds, really trying to move my operation from San Antonio to Austin, a second location could triple my revenue right now.
Obviously right now all our orders are high end custom stations, way out of reach for the avg wsb user. Its my dream to one day be able to produce real bait stations in a production environment.
Right now my company is in talks with several engineering firms out of Seoul to take our cum recycling system and some how use the energy from the spent cum to recharge the batteries.
While the technology is new. It has huge applications. Imagine when you go to charge your tsla, its powered completely by cum.
No longer must we let our nonbiological female prostitutes flush our GOLD down the toilet post coitus, that shit is going to drive our new society.
The money we save as a society on sock costs alone is tremendous.
I'm actually a pretty advanced bait station designer. While my formal education is a bit lacking, my cad and computer animation skills are really good, and I have some truly paradigm shifting ideas for bait stations, both vr and non vr.
currently in the beginning stages of seeking VC funds, really trying to move my operation from San Antonio to Austin, a second location could triple my revenue right now.
Obviously right now all our orders are high end custom stations, way out of reach for the avg wsb user. Its my dream to one day be able to produce real bait stations in a production environment.
Right now my company is in talks with several engineering firms out of Seoul to take our cum recycling system and some how use the energy from the spent cum to recharge the batteries.
While the technology is new. It has huge applications. Imagine when you go to charge your tsla, its powered completely by cum.
No longer must we let our nonbiological female prostitutes flush our GOLD down the toilet post coitus, that shit is going to drive our new society.
The money we save as a society on sock costs alone is tremendous.
Which one of you got reddit to send me this
Which one of you fucks got reddit to send me this shit
"Hi there,
A concerned redditor reached out to us about you.
When you're in the middle of something painful, it may feel like you don't have a lot of options."
Which one of you fucks got reddit to send me this shit
"Hi there,
A concerned redditor reached out to us about you.
When you're in the middle of something painful, it may feel like you don't have a lot of options."
Man i love bull markets
Man i love bull markets. Tried to type in the ticker for MAXN yesterday to buy some but MAGN came up instead. Didn't know wtf it was but I was too lazy to redo my search so I bought that instead and it started mooning.
Man i love bull markets. Tried to type in the ticker for MAXN yesterday to buy some but MAGN came up instead. Didn't know wtf it was but I was too lazy to redo my search so I bought that instead and it started mooning.
