Re: Bankroll Management & Shot Taking (essay/long)
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I have a slightly unrelated thought.
Sometimes the gods of variance bless us and we're able to go on a run where we suddenly have a sum of money that can be really life changing for a 21 year old.
At some point there's something to be said for realizing that you've likely out preformed your earn and ability to the point where you know this won't last, and rather than continuing to try and move up, it might be a wise idea to turn that newfound money into something tangible. If a shot means that suddenly you can pay for 4 years of college, maybe it's time to bank a win instead of pressing an edge that might not even exist.
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Great post! Nothing wrong with taking a shot at 1,000 shares of GE.
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