Keep Moving Forward, My Weekly Financial Bets
This week I threw down two bets so my finances keep moving forward. The gambles I took were a few thousand on $UA stock and a couple hundred dollars into Ethereum currency (ETH). $UA I feel pretty good about. Under Armour has a pretty decent following and a lot of their products have really good rating. Plus I was able to catch it below $18 and I really feel the company will bounce back at least 40% eventually. That is of course dependent on the company making the right moves, which is why it’s still a gamble. And like all of us who play this game, I have been wrong before.
On the digital currency side, ETH feels like a dart throw to me. I have no idea what type of value that it’s going to hold or produce so it feels pretty sketchy to me. Bitcoin has recently sky rocketed which has sent other currencies up as well. Honestly I have no idea how this will turn out, but I’m in the keep moving forward mentality. All of these currencies are extremely interesting and will be the way of the future in my mind. When that future will come though is a very cloudy picture. Honestly though if you are a mobile person, who switches cities or even countries for jobs, digital currency sounds amazing. I’ll could go on for days about the issues these currencies will resolve for individuals, but I’ll save that list for a separate article. Still though it’s just hard to put a value on multiple currencies all competing for the same goal.
Remember
With all that being said if you take away just one item from this article, it’s to keep moving forward. You don’t have to make sketchy currency bets or questionable stock bets. But if you continually follow the route of the 9 to 5 popular culture, you will get the same results. Early retirement is possible and I aim to prove it.
