I really got nothing to say today, I just felt 'off' for not posting in a while.
I skipped work again today. took a vacation day. I sorta wish I had gone to save the vacation day for use later, but it's too late now.
I mowed my yard, refilled all my gasoline stock for my motorcycle, and tightened my chain on said motorcycle. It is so hot and humid that 5 minutes in the garage, and I am completely totally drenched and dripping profusely with sweat.
I spent the rest of the day researching stock options, and trying to find something good to jump in on. There are too many stocks and way too many options to make it easy. I also have learned that I really don't like to leave my money tied up in options for any long period of time. The craft of options is to get in and get out, and take your profit.
Another thing I was focusing on was trying to get as much profit as possible, which is a piss poor plan. A better method is to have a set amount of profit you would like to achieve and then pull out when you reach it. Most checking accounts, CDs, money markets, and other "solid" financial instruments will get you anywhere between 3% and 5% profit. That sucks monkey balls. That is virtually nothing. Sure, if you had 10 million in one of those types of investments, that would be ~400K, which is a lot of money, but think proportionally. If you had 10 million to toss around, 400K probably does not impress you any longer. I have set my goal 40%, plus enough additional profit to cover any commissions I may pay in the process. How did I arrive at 40%? Pulled it straight outta my ass. That's about 10 times what you might average with a savings account, so it just sounded good to me. 40% of 200 bucks is only 80 bucks, and that does not sound like a lot, but if you were able to get a 40% return on your money 5 times, you'd have over 1500 bucks, and if you did it 25 times, you would land just a hair under $900,000.00. Add another zero, and you have 9 million bucks... and that, my friends, is money momentum!
I saw Jerry Seinfeld over the weekend. I had great seats. No one in front of or to the left of us. He is doing well, and his comedy was terrific. It was like watching a weird episode of his TV show, only you were in it. I firmly believe in my heart of hearts, that he could start the show back up and it would not miss a beat in terms of writing style or the quality of the episodes. He would probably have issues with the other actors though. It is retarded to even think that would be possible.
I also booked my room at the MGM Grand for vacation. I snagged front row tickets to Carrot Top and to the Cirque show called Mystere. Should be interesting. Also, this time around, instead of doing some light gambling to fill time between doing other stuff, I am going to commit time to gambling as a feature, rather than a filler. When you are using it for filler, you tend to quit when you win or lose a certain amount, which is probably not a good thing. If you sat down and lost 50 bucks in 10 minutes, you would probably walk away... after all, you are just killing time, and that should be free. On the flip side, if you turned that 50 into 150, you would be happy and walk away, but then you have more time to kill. Also when I go this time, I am going to ask for a free or low cost room upgrade. I'd like to branch out in try another room at their fine establishment. If they won't do it, then perhaps next time I shall explore another hotel. Last but not least, the NFL season will kick off while I am there, so I will enjoy making sports wagers and raping the casino of their hard earned cash.
Also, I saw a dead raccoon on the way to work the other day. Obviously raccoons are not as awesome as squirrels.
Monday, July 21, 2008
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