I’m Back!

I’m back! But in my case, I don’t just have “only one thing to say”…  Actually, I have many, many, many things to say and share with everyone…

All in due time.

Unfortunately, due to unresolved matters and current circumstances (that are ongoing still), out of respect for other people who are traversing through the same shitstorm as myself presently (yes, I’ve been away due to investing related deals gone awry) and for my own sake, I will refrain from revealing too much information just yet…

You win some, you lose some… That’s reality and life…

When you strike out big, sometimes you just need time away from everything to reflect and re-assess…

Over the last two months, I’ve had a lot of time for reflection, and I’ve had many epiphanies… What I’ve gone through and am still going through, it’s stuff you would never wish upon even your worst of enemies…

Losing even a little bit of money sucks ass… Losing a lot of money, man, words can’t even begin to explain the devastation…

 

As I’ve always alluded to on this blog:

 

“Human psychology and emotions are such that losing $10,000 will sting, hurt, and leave a much more profound impact than say making $50,000… For some people, you could even argue that you need to profit $100,000 in a separate trade to compensate for a $10,000 loss…

In other words, the other side of the trade of losing $1 is needing to make $5 (or more) to offset the severe burn of striking out…”

 

For myself, losing money investing is all part of the game, and I’ve been very open and public with many of my losses in the past (particularly pertaining to mining stocks)…

From 9/13/17.

That’s not an issue for me at all…

What does rattle my cage, though, is when I’m losing money hand over fist and I feel completely powerless and unable to rectify the situation… To be more succinct — It’s knowing that you’re being fucked over and realizing that you have no way of getting yourself out of the mess in a timely manner… at a minimal loss…

Worst yet, having to throw “good money” after bad… knowing that this wretched (and rekt) ship is going down like the Titanic and cannot be saved…

In the investing game, we call these investments gone terribly wrong “money pits”…

If early FI is the name of the game and ultimate end prize, these money pits, or landmines (as I prefer to call them) can set back your progress a good 5, 10 years… or more…

Just the thought of these fuck ups has kept me up many sleepless nights…

I’m not out of the woods yet, which is why I’m being entirely too vague…

But I will say I genuinely appreciate all the wonderful support I’ve received along the way these past few months as I’ve had to endure my own personal hell…

One day (hopefully soon), when the time is right, I plan to reveal to the world everything that went on… Like always, I’ll give it to you all straight up, raw, and with no sugarcoating… I have never been shy/embarrassed/ashamed to admit my faults, limitations, and most importantly investment fuck ups…

I prefer telling the truth.

Trust me when I say this — Although I’ve had relative success with investing through the years, my biggest mistakes (and lessons learned from them) are so much more valuable and informative to you readers than anything else I post on here…

 

In any case, I’m about done reflecting… and I realize there’s really nothing more that I can do to better the situation… It is what it is…

 

It’s about time I got back to doing things that I love… and blogging is definitely at/near the top of my list.

 

In a world where too many people expect/demand perfection from imperfect people, I’ll be the first to admit to you all:

 

I am a very flawed individual who has made many terrible decisions in life that I later regretted… Striking out repeatedly isn’t going to deter me to quit and give up on life.

 

I’m back!

 

And will keep on pressing on… cuz “sky’s the limit!”

 

Besides, I’ve missed you all…

 

Photo Credit: Clutch.hk

Print Friendly, PDF & Email
Sharing is Caring:

30
Leave a Reply

avatar
16 Comment authors
ChenFI FighterSundeepNickJan Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Sharon
Guest

Yay you’re back 😀

Lorko
Guest
Lorko

Good luck FiFighter
Time to go black to basics: lift read eat sleep well
Our mistakes are a gift from the Universe: no mistake, no growth
Take care
David

FIRE_Inspired
Guest
FIRE_Inspired

Yay!!! You are back.. Hopefully now we will see more updates from you.

I have had profound impact of your preachings so really glad you are back. Waiting to learn again through your insightful articles…..Welcome back!!

Joe
Guest
Joe

Welcome back Jay. Win or lose, don’t give up!

You’re my favorite blog, you always tell it like it is!

KP
Guest
KP

Hey Jay,

It’s good to have you back and I’m sorry to hear about the troubles you’ve been going through. You’ve been a huge inspiration to me and I hope continue hearing from you…when you’re ready.

Laurie
Guest
Laurie

Yay! We were worried about you!

Financial Samurai
Guest

welcome back! But can you actually provide any clue on what you’re talking about? It seems like perhaps a partnership in real estate went bad? Some hand would help us not make the same mistake or figure out what to look for before doing something.

Real estate is the only thing I can think about.

Skred
Guest
Skred

Welcome back Jay! We were all worried for you. I am sure you will learn a ton from this experience and become a much better investor and person.

You have taught us so much through your writings and we have always been appreciative of the time you put in to help us become better investors.

Bryan
Guest
Bryan

Hey Jay,

Glad you’re back. I missed ya bud. Sorry to hear about the bullshit and I’ve made a lot of mistakes myself…maybe not as rough as what you’re going through….but at least you are all right my dude. Sending love and good vibes your way.

Jan
Guest
Jan

Thanks FI fighter. I’m glad you’re back, your blog is so different from all the rest.

Jan
Guest
Jan

Welcome back Jay, I understand your feelings because I’ve been deceived for 150,000 $. Waiting to learn again through your insightful articles… Thanks…

Nick
Guest
Nick

I believe I know how you feel. I’m partners with 3 of my brother in-laws and one other person, recently we had to ask one of my brother in-laws to step aside for starting a company which sells the same products as us behind our backs. Family gatherings will never be the same. Unfortunately the company is still a bit of a money pit but we are hoping to turn it around. Best of luck working thru your issues and moving forward.

Sundeep
Guest
Sundeep

Man…sounds like you’re going through some tough shit, but with the great attitude you’re taking going into it, I’m sure it’ll all work out in the end and if nothing else, great life lesson.

Also welcome back!!

Chen
Guest
Chen

Welcome back amigo.

Close Menu