| A Discussion About Finances, Digital Currency, and DRIP / Animal Farm
I cannot answer that for anyone but myself. What you do with your own money is your own business. You can take the safe road, or you can take the road of risk. Or, you can diversify and enjoy the best of both worlds.
So, in this article, I wanted to unload some of my thoughts on:
- What $10,000 Means to Different People
- Poor Mentality vs Wealthy Mentality
- Making Money vs Multiplying Money
- What Would I Buy with $10K — DRIP, DOGS, or PIGS?
Author’s Disclaimer: This is not trade or financial advice. This information is being presented for entertainment purposes and represents the OPINION of the author. All trading and investing, whether real estate, stocks, or crypto, involves the risk of loss, sometimes greater than 100% loss. Do not trade or invest with funds you are not willing to lose. Please do your own research. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Also keep in mind THIS IS A BLOG — NOT A NEWS STORY. This is like my diary of thoughts, and I consider it chronological.
What Does $10,000 Mean To You?
This is a tricky question, because it is relative to one’s own lifestyle. I have always believed that your current socioeconomic condition is a product of your life choices up until this point.
So, in high school, was it more important to you to be the class clown or to do your best in school? In college (if you even went to college), was it all about partying all the time, or did you have your sights set on a higher goal? As you lived your life, did you repeat every day the same, or did you use every day to learn something new?
So, to some, having $10K all at once can be life-changing. For some, that is a year’s worth of food on the table for their family. A couple of well-deserved vacations. Or a means of transportation to a badly…