The $1000.00 Stock Market Challenge – A Mad Ape Experiment

$1000.00 down the toilet?

I am bored to death and needed something to do. Having a little extra cash burning a hole in my pocket, and with the realization that it will probably become worthless, I have decided to invest $1000.00 into the stock market.

This is no joke, no gimmick. The cash has already been invested. More about that in a future blog entry. All of the hoops I’ve jumped through to place my investment with an online broker were a pain in my blue monkey butt. So much so that a separate blog entry is in order to give it the full attention it deserves.

Putting My Money Where My Mouth Is

There are not many people willing to place their money where there mouth is, especially since doing it publicly opens one up to scrutiny from all walks of life. Well my intention is to be as transparent as possible with this investment experiment. I want you to follow along.

I like to poke fun and fingers at all aspects of society just to demonstrate how screwed up it is. My whole persona on here is based on it. I have never come out and said it point blank before until now. But if you have the time look through my archives and you will see what I mean. Yeah there is a lot of nonsense, a lot of humor, but at the end of the day the Hippies had it right with their expression: “turn on, tune in, and drop out.”

The events unfolding right now are unprecedented in our history. I truly believe that what we are witnessing is a collapse of the greatest Ponzi scheme ever perpetrated on humanity. World leaders, both political and financial, think that by throwing more money at it will make things right. Sorry boys you are creating a world of Hyper-Inflation because the money you print is not supported or based on anything except itself. The more you make of it the less value it has.

Am I a Hypocrite?

I guess I could be called one because I am part of the system. Just like you are. I like to think that I have a better understanding than most of how society tries to influence me with its bullshit propaganda and, you know, in a lot of respects it has won.

That being said…I have this extra money which I could use to buy and ounce of gold, but I would sooner use the system to put more gold in my pocket. It would be a great irony to do that. Use worthless pieces of paper to convert into a tangible commodity that will always hold value.

My Investment Strategy

For this experiment I am going to invest in penny stocks to start, with the objective of doubling my money through day trading. I want to be able to do this in 30 days or less. Can I? I don’t know? Will I lose it all? Perhaps…but I think it is worthless junk anyway.

Now before some smart ass posts a comment saying “If you think it is worthless then give it to me.” Let me save you the trouble. I think it is worthless but society does not. I will continue to use it until society finally rejects it…and make no mistake..society will reject it eventually. Paper money and all of the wheeling and dealing behind it is a flawed system.

Thus far my new found knowledge has told me to stay away from pinks. If I can double my money, I will pull it out and buy solid gold bullion and then repeat the process. Either I will go bust or make some money. Win or lose, the $1000.00 I just spent will be entertainment for me and hopefully for you too. Sign up for my banana peels at the bottom of this entry so you can stay informed through emailed updates.

Risky Pennies From Heaven – Buy High and Sell Low

Penny stocks are a tad on the risky side but, with the collapse of stock market, I feel that there are a lot of undervalued stocks, forced to penny status because of investors running scared. It is easy to say buy low and sell high but the truth of the matter is most people buy high and sell low.

Forget the Chicken. Listen to the Ape

It is very hard for someone to put their money down when times are turbulent and Chicken Little is screaming at us all. But trust me on this one. Ignore the chicken and listen to the ape. I see this as a great time to invest in the market. The market does not panic. It has no feelings. It exists…at least for now…It is the reactionary influences of people that affect the markets. I know that patience and keeping my feelings out of my buys and sells is what will help me succeed.

With all of the financial uncertainty that exits today, and with the price of stocks dropping like the temperature of a Canadian winter, I think that this is an ideal time to get into the stock market and seek out undervalued stocks.

The Stock Market Will Eventually Collapse

I truly believe that the entire system will collapse because it has been built on pillars of greed, deceit, and lies.  When will it happen? I don’t know. If I knew I would make a great living as a fortune teller.

Building My Own Fort Knox

In the meantime I am going to use this flawed system and milk it for what it is worth and build my own little Fort Knox. And if you think that I will trust my gold to the banks…HAH…the government already made private ownership of gold illegal once. They won’t get mine. Not a chance. As paranoid as I am, I won’t even keep it in my residence or at my place of work. Where you ask? None of your business.

Technorati Tags: investment, gold, stock market, Great Depression, government, monopoly money, Fort Knox, Penny Stocks, Hippies, Ponzi Scheme, collapse, global recession

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