How dumb is this strategy?
My new strategy, since I can’t keep from spending my savings and then selling my gains to cover my short term emergencies is this:
When I want to buy something I really don’t need I guess how much I would spend on it and then go buy that much in their stock instead and go home without spending any more money.
I now have positions in a few restaurants, Starbucks, AMC, and probably should buy Exxon but haven’t. I went home and cooked for myself and watched a movie on Netflix.
I spent the same amount of money but it’s sort of not wasted. Now if the market crashes more I sort of don’t care because it’s free money. If the market recovers then what? What am I saving this for?
I guess I just wanted to publicly announce that I have no clue what I’m doing.