To make money, why else? Look folks, this wasn't my retirement money, it was money I didn't particularly need and had no idea what to do with.
It always worked for me before. My investing history is a long string of huge successes beginning in 2014.
I've always invested in companies I believed in and that had solid fundamentals.
It appears the market doesn't give a shit about company fundamentals right now. Most small growth companies are down ~80%. The two companies I lost everything in are currently priced below liquidation value.
Yeah, I bought on margin, so that gave me 2x leverage, so if it goes down 50% you get margin called.
It always worked for me before. My investing history is a long string of huge successes beginning in 2014.
I've always invested in companies I believed in and that had solid fundamentals.
It appears the market doesn't give a shit about company fundamentals right now. Most small growth companies are down ~80%. The two companies I lost everything in are currently priced below liquidation value.
Yeah, I bought on margin, so that gave me 2x leverage, so if it goes down 50% you get margin called.
Like I said. I have learned lots.