Quote:
Originally Posted by solarguy09
But to my point of this post...When you said you just made a sizeable seven figure deposit into your account, I could feel my toes curl in my Slippers,haha.
Well Done... That was my whole NET worth, just deposited like nothing..
KUDOS..  I never envy or take things as bragging... |
I'm sharing my deepest darkest secrets in an order to put PERSPECTIVE in the thread so all can see how my wheels turn in relationship to your (all the readers) own.
If I have that kind of "new" money (it's net worth that is taken into a cash position - so it's not new but it is freshly minted cash which now needs to go back to work!). BTW - this was made from a gamble taken 6 or so years ago -- !!!!AND I'M CONFLICTED ABOUT INVESTING IN FACEBOOK!!!!.... where should your thinking be?
That's the "context" I'm trying to provide. Here I sit on a bunch of new "employees" that need some retraining and I'm wrestling with where to deploy them.
I "might" and this is a big "might" put 50K in this IPO... but I might also chicken out. I just don't know if at this point in my life, whether or not I'm willing to take the gut wrenching ride these things can do. Even though it's money I can take out into the middle of the street and toss it away... The brain wants you to make a home run out of EVERY investment you make.... and when they don't go your way - your mind starts working on you. I don't care who you are or how much money you have.
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When I owned a business in NYC -- my partner used to say -- "the only guy that ever screwed me was the guy I trusted". By that -- he was saying that if you don't trust the person - you wouldn't loan them money in the first place... so the only guy that you loaned money to was people you trusted - putting them in a position to upside-down and screw you unintentionally.
Here's why I'm adding this. EVERYONE thinks FACEBOOK is the next Microsoft... EVERYONE is dreaming of the millions they're going to make off "only" a lousy $1000 investment. So like the loan to your friend/customer etc just make sure you can be disappointed if it doesn't work out.