08 October 2008

My $1,000 a Day Habit

What is the difference between a cocaine habit and investing in the stock market?

One puts you on an emotional roller coaster of highs and lows, making you feel first giddy and then depressed, is expensive, and may result in you losing everything, eventually forced to live on the street. The other involves snorting an illegal powder.

11 comments:

texasholly said...

haha.

Jennifer H said...

Might as well have some fun, in that case.

exskindiver said...

How 'bout those Republicans...

wheelsonthebus said...

Yeah, but cocaine makes your nose run.

Ron Davison said...

Holly,
did I say this was meant to be funny?

Jennifer,
I do feel like it would have been fun to have just gone on a $200,000 shopping / traveling spree instead of watching my portfolio melt. Oh the choices I could make with a time machine.

Chesca,
Don't get me started.

Emily,
so does my portfolio. And my eyes water.

Gypsy at Heart said...

What to say? Is there a rehab program you think?

Ron Davison said...

Milena,
Rehab sounds like a possibility. Or, just a note to those of us watching the market in horror to say, "Nothing to see here folks - back to your cubes (for another decade)."

Pinky said...

You don't lose it unless you sell, Ron.
Hang in there. I know it's terrifying.
The roller coaster...you only get hurt if you jump off while it's in motion.

Pinky said...

hee hee. funny. how 'bout those Republicans?

more like, how bout those nasty politicians and greedy CEO's and nasty lobbyists and dumb constituents who continue to elect the nasty politicians?

let's own it for once.

Ron Davison said...

Pinky,
True enough - sort of. My net worth has taken a hit. I didn't really mind the house falling by a third or more - I didn't quite believe it anyway. But the stocks. The stocks hurt. Even if I don't sell it, I suppose it is going to take some time this time, to quote Karen Carpenter. And who to blame? I have a post due out soon on that very topic.

Pinky said...

Lots and lots of people to blame, Ron. I'm looking forward to your post.