well, i lost a lot of money this week

Summary

The video covers a range of personal reflections, including thoughts on the fluctuating stock market, where the speaker is staying calm and not panic-selling despite recent drops. They discuss their passion for homemade avocado toast, home buying experiences, and considerations about meal prep and organizing kitchen containers. The speaker also touches on their struggles with sleep due to nasal congestion, and their recent purchases, including a memoir by Ina Garten and a solution for food storage problems. Overall, the video blends personal life, financial insights, and lifestyle tips in a casual, relatable manner.

Takeaways

• 😀 The stock market has been volatile due to factors like tariff reactions and other global events, leading to significant price fluctuations.
• 😀 Despite the market downturn, many investors are taking a cautious approach, avoiding panic selling and closely monitoring the situation.
• 😀 The current market conditions present a buying opportunity for those who have been considering investing in the stock market.
• 😀 While it's difficult to watch investment accounts lose value, staying calm and disciplined is key to handling market fluctuations.
• 😀 Investing in stocks during market downturns is risky, but it can also be seen as a chance to buy at lower prices, especially for long-term investors.
• 😀 The stock market has experienced dramatic drops recently, similar to events like the 2008 financial crisis or the pandemic crash, but it's important not to panic.
• 😀 Making avocado toast at home has become a personal favorite, and it's considered a better option than buying it at a restaurant because of cost and quality.
• 😀 The search for a new home continues, with a preference for fixer-upper properties, although there's interest in a more turnkey unit due to better condition and fewer repairs needed.
• 😀 Buying books and exploring memoirs is a favorite pastime, with the latest purchase being Ina Garten's memoir and a current read of J. Paul Getty's memoir.
• 😀 Meal prepping has become an idea for future planning, especially with new glass meal prep containers that avoid lingering smells from previous contents like pickled red onions.
• 😀 Sleep has been affected by nasal congestion, leading to the use of Breathe Right strips for better breathing during the night.

Q & A

What is the speaker's perspective on the current state of the stock market?

The speaker acknowledges the volatility in the stock market and suggests that the dramatic reactions to any announcements may be overblown. They remain cautious, not panicking or selling their investments, but instead monitoring the situation and waiting for an opportunity to invest more when they feel it’s right.

Why does the speaker advise against panic selling?

The speaker advises against panic selling because it’s a natural part of the market to experience fluctuations. They emphasize the importance of financial discipline and not making rash decisions based on temporary downturns.

What does the speaker mean by stocks being 'on sale'?

The speaker refers to the drop in stock prices as a potential buying opportunity, where stocks are priced lower, offering a chance for new investors or those looking to buy more to do so at a more favorable price.

How does the speaker feel about avocado toast compared to getting it at a restaurant?

The speaker feels that they have perfected making avocado toast at home to the point where they prefer it over the versions they get at restaurants. They enjoy the ability to make it themselves, especially since it's sometimes better than what they can get outside.

What is the speaker's reaction to the potential property they are considering?

The speaker is conflicted about the property they are looking at. While they initially wanted to buy a fixer-upper, they are now considering an already renovated unit because it’s appealing and doesn’t require additional work. They are even tempted to put in an offer on it.

What type of book did the speaker buy, and why?

The speaker bought a memoir by Ina Garten, as they have heard positive things about it. They also enjoy reading autobiographies and memoirs, which is why they are excited to read this particular one.

Why did the speaker buy glass meal prep containers instead of silicone or plastic ones?

The speaker bought glass containers because they don't retain odors the way silicone or plastic lids do. They had a bad experience where a silicone lid absorbed the smell of pickled red onions, making everything in the dishwasher smell unpleasant.

How does the speaker feel about meal prepping?

The speaker sees the value in meal prepping, especially as it could make cooking easier and more organized. They express an interest in using a grill or crockpot to prepare meals in advance, and they're already considering meal prepping for their pickled red onions.

What issue is the speaker facing related to their sleep, and what is their solution?

The speaker is having trouble sleeping because they can’t breathe through their nose, leading to waking up during the night to blow their nose. To address this, they bought Breathe Right strips to help them sleep better.

What are the speaker's thoughts on investing in the stock market given its current volatility?

The speaker seems cautious yet optimistic about investing in the stock market, recognizing that it may continue to decline but also viewing current conditions as an opportunity to invest. They plan to wait for the right moment before increasing their investments.