jackthehack
Epic Member
- Messages
- 5,630
All my friends and co-workers are heading towards manic depression/suicidal tendencies as their 401Ks are down 25-50% over the last year adding in this weeks carnage so far, depending which funds they were foolish enough to invest in.
The ca. 11K that I would have invested in my 401K that I instead investing in Warmoth wood is up by my conservative estimate by about 20.5% in the same period, helped out by some judicious fortune in picking up some real bargains at up to 50% of retail value.
So my net positive spread is almost 45% against the DJ or S&P 500 indices.
My $2500 "gambling fund" I invest in put options betting that the equity pricing of companies managed by total retards is up to $23,197.57 after commisions YTD (Thanks Sprint Nextel, Lehman Bros and Washington Mutual!).
The ca. 11K that I would have invested in my 401K that I instead investing in Warmoth wood is up by my conservative estimate by about 20.5% in the same period, helped out by some judicious fortune in picking up some real bargains at up to 50% of retail value.
So my net positive spread is almost 45% against the DJ or S&P 500 indices.
My $2500 "gambling fund" I invest in put options betting that the equity pricing of companies managed by total retards is up to $23,197.57 after commisions YTD (Thanks Sprint Nextel, Lehman Bros and Washington Mutual!).