Bought all the DIPS!

Okay. I’ve done it.

I bought all the dips yesterday and I’m all out of money now.

I doubled down on a lot of stocks. My portfolio looks horrible. But at least I’m not in the red in overall returns.

So if everything drops even more now, you can thank me, because that’s probably because I bought. I can’t buy more dips now. I’m broke.

It’s Rice and Lentils for me now. But I’m expecting a Lambo in return.

So I’m waiting for a recovery now. If the US goes full recession mode now, I’m fucked. I hope for the turnaround and will bite my nails, while I look at my stock portfolio dipping deeper into the red. If everything goes south, I have a bridge nearby, in case I get tired. So no worries.

Good luck to all the other apes out there. May your candles be green and your gainz plenty. God help us all.

BASF

Alright Alright Alright…. The almighty social media algorithms can stop suggesting me videos about the BASF stock now. I get it I get it. I give up. And I already bought in. Now shut up. Jesus I hope it doesn’t drop more.

Backup Strategy

Recently I read this hypothetical blogpost here .

Got me thinking. Maybe I should think about my backup strategy.

I should use an old encrypted smartphone as emergency backup and 2FA and keep it in a safe place offsite. If my place burns down and my phone with it at the same time, I might be screwed. Not only would I lose all my stuff, I’ll probably lose access to my complete digital life. At least most of it. I might still get access to some of it with some effort, because I have some offsite backups in place. But using a backup phone would be a better solution and would include banking apps and services I’ll probably want to have access to in case of an emergency. A safe deposit box would probably be a good idea. Would cost a bit of money but it would be like insurance for worst case scenarios.

Am I overthinking this?