I just made a killing this week.
Growing up broke, $20 seems like a lot, you could grab a pizza and movie from Redbox, what else could this white-trash boy ask for?
But now I feel like a penguin experiencing flight for the first time.
I took a significant portion of my wealth, and carefully studied what was a good investment.
I saw an opportunity, and put in the amount of money I was ok losing.
And it paid off... Big...
If I had obligations to family, I would have curtailed this risk.
I think this is a broader trend that could continue in market volitility.
Tons of disposable male income going towards speculation.
I don't know what will happen in the market.
But what I do know, is that if I lost half of my wealth I would be ok, the family man is hanging by a shoe-string. He can't afford risk so he can't claim reward.
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