iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

I AM A DRUG DEALER NOW

If I could own shares of a publicly traded crack vendor I would. But for now, I am only permitted to legally own shares of LEGAL pot dealers. These wares are peddled around junior high schools and high schools, promising the youth nutrients and brain stimulation with just a few puffs. Parents encourage their children to smoke pot these days because MUH hemp is a miracle plant and it cures all ailments, included, but not limited to, CANCER.

For Xmas, I fully expect children across America will receive large bags of pot under their tree, strong and potent strains of sativa designed for recreational and medicinal use.

Shares of TLRY and CRON are shooting, the fuck, higher this morning. I am long, strong, and anticipate to bank some coin today.

Bad news on the plumber front. The hot water heater is broken, but no one quite knows what’s wrong with it. Grown men dressed up in plumber costumes cannot figure it out, so they tell me to just change the whole thing. “Just do it.” Also, they go to google to learn about their job on the spot and I educate them about gas valves and where they might find one. I will be invoicing them for my advice on how to do their jobs later on today.

In the meantime, House Fly is without hot water. Cold showers course through this cold and sallow house, making the people inside even more angry and bitter. I view it as a penance of sorts, punishment for my recent success.

Also, my light switch broke yesterday, in the downstairs broom closet like bathroom.

Home ownership is one of the great big scams of life. The alternative is worse, however. Being a tenant must suck, beholden to other people and their rules. I’d rather own a money pit, than rent someone else’s.

Ok, back to doing drugs.

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One comment

  1. moonshot

    I think renting vs. buying can be a matter of perspective, especially for men of means like yourself. You have lots of choices of places to rent, and you are, in fact, the customer. Ask any landlord if they enjoy getting a call at 3am about a broken water heater or backed up toilet, when they know they have to deal with fixing it instead of you.

    Sure, they can set their “rules”, but you can also go elsewhere if you don’t like them, or negotiate what you want into the lease. You of all people would not adopt the mindset of some mindless plebe who accepts whatever he is told to sign and lives in fear of what the landlord may think.

    I am, in fact, a fellow homeowner but have since adopted a much more neutral stance on the whole American Dream. I believe both of us would have seen better overall financial returns had our capital been allocated to the financial markets instead of a down payment and ongoing principal payments, locked away for the term of the mortgage.

    I was lucky with my first purchase which about doubled in value over 7 years, but I sold it at the peak of the real estate bubble and also purchased a larger house with the proceeds which of course proceeded to plummet in value with the mortgage-fraud induced financial crisis.

    When the exterior needs painting, when the spouse talks about our next major construction upgrade/rehab project, or when said toilet or water heater breaks, I can certainly see a certain allure to being able to respond with “call the landlord, that’s his problem”.

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