05/02/2021
What a crazy month I actually cannot believe the last couple weeks the finance world has just had and OF FUCKING COURSE I GOT SWEPT UP IN IT! Lol
Literally EVERYTHING that I preach about with regards to investing I went and did the complete opposite of it! Lol
This time I’m not blaming myself I’m blaming other people (coz that is the coolest thing to do now a days).
First I was speaking to a dear friend about it before this thing had swept the world, and literally through nothing but male bravado I told him if another Gamestop type stock is identified by “the apes” then I was going to drop 5k on it! BAM HOW FUCKING HARD AND COOL AM I!!!!
Then another dear friend sent me this fucking video that in a light hearted but mocking way explained various types of investors. In the video there was one sub-type of investor that I personally identified with.
But this subtype was a boring type of investor,,,,,,,,,,, I wanted to be like the fucking cool swag wallstreetsbets type of investor, which made me even more determined to be part of this ting!
So really it’s my two mates’ fault,, but off the record,,,,, this shit is completely my fault, I could have made some big tendies but instead I was too slow and I lost money.
But it’s not all doom and gloom, why I hear you ask?
Because I have learnt some fucking lessons and I wasn’t stupid enough to throw 5k at anything!
In fact I sold some stock that represented the “risk” (all investing carries risk) part of my portfolio and used that money which roughly amounted to 2K on both AMC and NOK.
They both dropped 40% the next day after I bought them lolololololololololol.
I trusted my gut and abated my ego. The ONLY reason I can laugh at myself about it all is the fact that I only risked what I could afford and unfortunately (or fortunately) I’m not in a position to drop 5k on risky AF investments.
At least I got diamond hands…… right let’s see what damage I caused to my net worth!
Debt + Liabilities
£161,455 (Mortgage on the flat)
£30,000 (Dad) (25% REDUCTION IN DEBT WOOOOOOOOOoooooooooooooo)
Total = £-191,455 (FIRST TIME THIS HAS CHANGED IN 2 YEARS!!!!!!!)
Assets
Positive Assets
Cash = £13,431.16 (Liquid)
Stocks and Share ISA = £47,547.52 (Liquid)
Gold – £4,018.58 (Liquid)
Tesco Shares Value -£26,258.84 (Not liquid)
Art = £ 2914.18
Total = £ 94,715.87
Actual Net Worth = £ -96,739.13 @ 08/01/2021
Actual Net Worth = £ -94,120.28 @ 05/02/2021
A 2.78% increase in net worth, It’s going to be a really tough ask but CAN,,,,,,,,, CAN I raise 4k in one month and get that number to 90k or less?!
Only time will tell
Diamond hands ,,,,,,,,,,,,,,,,,,DIAMOND HANDZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ