my stock is rising

badkharma

Member

Originally posted by aarone
haha
no ferraris...i have to be logical if i want to do well in life
maybe if i invest my money correctly i can buy a ferrari in a few years

So to do well in life, you have to be rich? You mean to do well in wealth, right? I think most would agree you can do well in life without being rich. Could life be better being a billionaire? Possibly. Your material things would be better, that's probably for sure. But obviously there is much more to life than material things. How would your relationships with people change if you were a billionaire? What about your attitude towards others? There are many other factors to consider. I personally know people from both ends of the wealth spectrum - some with net worths over 250 million and some with their net worth being their $800 car, couch, and 14" TV. Some of the happiest people I know fit closer to the last mentioned spectrum - and they are so because they devote their energy to who they know and care about. Don't let money rule your life - if you do, you'll probably never be satisfied. Remember, money is not bad - but it's only a tool. Good luck with your stock. I hope you have other, more stable investments to balance the risk you are taking on.
 

tangman99

Active Member
BadKharma,
Well said. I agree that health and happiness should be first and that money is not the most important thing. But, I do believe you can have a healthy balance of both though and I thrive to do just that. Let's be honest, money does make life a lot easier. My main goal in earning money is to get out of the rat race in my 40's so I can relax and enjoy life while I'm young. Will I be able to do that? Who knows, but I'm on track at this time.
In keeping it balanced: First, my wife and I never argue about money. We make big financial decisions together and we each make our own living and spend our own money any way we please. If you can keep money problems out of a marriage, that's 90 percent of it. We split up the monthly payments and do what we want to with the rest. We each have our own saving and checking accounts and I could not tell you if she has $5 or $5000 dollars in hers nor does she know what's in mine.
As far as being materialistic, well I like to indulge in that as well. I worked hard for my money and I put aside what I need to for the future, but I know I'm not going to take it with me when I die and I've already taken care of my family when I do. So I do have some expensive toys that I don't need, but I enjoy. I did not sacrifice happiness or my future to buy them so I can actually enjoy them.
I guess the long and short of it is it's ok to want and strive to make a lot of money, but don't wreck your health or neglect the ones you love in order to do it. You have to juggle all the balls at once.
I did buy this stock though because I like to gamble every now and then and this is definitely and unknown. There may be billions of dollars in diamonds there or there may not be anything. It all has to fall in line just right for this to make money and there are a 100 ways for it to go wrong. I would never recommend anyone buying it with money they will miss.
 

aarone

Active Member

Originally posted by Badkharma
So to do well in life, you have to be rich? You mean to do well in wealth, right? I think most would agree you can do well in life without being rich. Could life be better being a billionaire? Possibly. Your material things would be better, that's probably for sure. But obviously there is much more to life than material things. How would your relationships with people change if you were a billionaire? What about your attitude towards others? There are many other factors to consider. I personally know people from both ends of the wealth spectrum - some with net worths over 250 million and some with their net worth being their $800 car, couch, and 14" TV. Some of the happiest people I know fit closer to the last mentioned spectrum - and they are so because they devote their energy to who they know and care about. Don't let money rule your life - if you do, you'll probably never be satisfied. Remember, money is not bad - but it's only a tool. Good luck with your stock. I hope you have other, more stable investments to balance the risk you are taking on.

I dont care....im happy now...and ill be happy when im rich....
btw that risk im taking on would be....$100...OUCH!
 

badkharma

Member

Originally posted by aarone
I dont care....im happy now...and ill be happy when im rich....
btw that risk im taking on would be....$100...OUCH!

LOL, you expect to be a millionaire off of a $100 investment? You have a better chance buying $100 worth of lottery tickets...
 

aarone

Active Member
well when i have 819,000 shares...it could happen
Especially if it goes to a few dollars which it is speculated to go to...hey if i take a risk and it proves to be positive...then i guess it was a dumb idea
 

badkharma

Member
I mean, if it's a hundred bucks, no biggie I guess - hope for the best. For your sake I really hope it takes off. I just think it's unlikely. To go from .0011 (you DO realize that's just over 1/10th of ONE cent) to $1.00 is a 90,809.09% return. From .0011 to $5.00 is a 454,445.45% return. I used to trade managed accounts in commodities and have seen high returns in the thousands of percent - but anything over 10,000% is pretty unlikely - and that's in commodities. Stocks are even less. I mean, even Microsoft's return over the years since it went public is around 60,000%, and that's over almost 20 years. But I'll say this: as long as your stock is earning money like you say it is, good for you. Just don't expect 6-figure percent returns. But I hope it happens. Because then you can buy me a new 500 gallon reef tank... :D
 
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