Blood Pressure Blog

A few weeks ago, I wrote about being tired about the stock market. Now my patience has ran out for being tired – there’s only so much time that one can sleep – I need to feel the wind in my hair without losing my entire life savings. As an employed young adult, we’re taught that every person in the United States has access to the American Dream. For some, the American Dream is having a family and living a modest life. For others, the American Dream is hookers and cocaine. However, is anyone really living the American Dream in today’s age?

If there’s one consolation of being an amateur stock trader, it’s the fact that regardless of capital and experience, I still manage my stocks better than Cathie Wood. It’s frankly unfortunate that the bar for lime-light investors has been set at the 1^st grade level, but this doesn’t take away from the fact that my wake up by choosing chaos school of asset management has faced tough times, low enrollment, and negative gains. It might be more profitable to horde cash in my own mattress than buy a blue-chip stock that trades with the same volatility of liberals watching Tucker Carlson.

If there’s one thing that gets me P’d about stocks (not in the current sense) are my own three P’s of bad investments. These are a group of stocks that have repeatedly stabbed be in my face until I was forced to panic sell like a bitch –

I was a huge proponent of Palantir when the IPO first hit the market. The stock seemed to be trending in the right direction and had the tailwinds of a promise of a more digital world, as well as the government. However, with all things that involve the government, things that are promised don’t actually happen – with the stock going into a holding pattern until bailing overboard and falling to IPO levels. Frankly, Palantir is exactly the sort of shady company I like to get my portfolio dirty with, and as a guy that frequently likes to roll around in the proverbial mud, this was quicksand that opened and swallowed my money.

Let’s face it, Peloton was the biggest clickbait and bust of the past 2.5 years. Verbal meme, Pam Beesly holding a picture of Zion Williamson and Peloton stock… they’re the same picture. The fitness/active lifestyle brand soared to a triple digit stock price before crashing back down to Earth to IPO levels. Apparently, people don’t want to spend thousands of dollars on a bike that inevitably turns into an extensive clothes hanger within months. The concept of a gym has also been around since the times of literally the Egyptians, where people worked out iN pErSoN, with other people. If you actually think about it, a standard gym membership goes a longer way than a stationary bike, even without the social aspect. However, just like everyone else, I was over leveraged until Peloton hemorrhaged my accounts.

Pandemic stocks are the group of stocks that boomed during the pandemic. Frankly, now that nobody cares about COVID-19 because the impending Russian invasion ended the pandemic, these groups of stocks have faced a double whammy of decreased demand, inflation concerns, and Putin’s pump and dump schemes. Zoom, Amazon, Docusign, Netflix, etc shares have experienced one of the biggest downtrend in recent history, ravaging small portfolios that were dependent on the extreme gains of the mid-pandemic.

Will we ever come out of this hellish nightmare, where people that have money to invest and don’t live paycheck-to-paycheck can start making passive income and make more money? This is the sort of nightmare fuel that I don’t need… and I’m not even trading options.