I am writing tonight because I am a bit pissed off. I was in the middle of consolidating 2 accounts and my funds were in flux when the market crashed the largest amount so far in 2019. I am not too surprised about that timing. I sort of expect it so I probably should have done it a bit piecemeal like I had done up to the present. I was just in this “clean-house” mode and thought I could get more efficient. That still is the idea. Both the account I was transferring from and the one I was transferring to charge commissions on trades. The account I talk about a lot on this site doesn’t and it had nothing to do with this transaction.
I’d like to keep talking about Robinhood the way I did for a while on this site. But, I can’t do it in the same way now. There is no way to segment out my holdings and I didn’t want to create a second account. In other words, I can’t do screenshots anymore and I really liked doing that. I don’t really want to make a fake portfolio and spend time “fake buying and selling” with it. That seems like a kind of waste of time. I haven’t decided this completely though and if I revisit the idea of a fake portfolio, then I will post the trades on this site.
I’d say that since I started investing again in 2013, i have overall lost. I’ve lost quite a bit in comparison to figures in my income, savings, and retirement planning. This is generally not a good idea either. I just hate the idea of only making money from real estate. If I would admit to having a mental illness, it would be in the relatively false believe in the value of real estate.
So, anyone that ever pays attention to me when I talk about money should always do so with an idea of learning what not to do rather than what to do. Also, you can pay attention out of the desire to learn about tools because I spend a lot of time learning about the best or cheapest ones.
I plan to get much more in to Robinhood now. They seem cheesy sometimes but what the hell, all millennial companies seem that way now just as 80s or 90s companies would seem such to someone from the 60s.
Final thought: In regards to the stock market, the game of playing favorites with who gets a crack at the village pump is as old as time itself. Who gets rich in the US is most often based on lineage. You’d have to prove it to me that it isn’t the case.
