I have constantly been someone who has enjoyed living life entirely on the edge.
I have a high-risk task as a crane operator, I take getaways where I can go mountain climbing or rapid water rafting, & I am constantly up for a serious challenge. It’s probably not such a good thing that I like taking the same type of risk with my investments. My broker is regularly reminding me that I am supposed to be saving for retirement but the way I see it I have at least another 40 years to get around to that. He constantly tends to err on the side of caution so I was somewhat surprised when he called me the other afternoon with an investment opportunity he thought would be of sizable interest to me. I am not sure if you know about how penny stocks work but these are companies that are high risk & have recently become publicly traded so a large amount of them don’t offer any dividends & in several cases you could lose your money as soon as you invest it… So when he contacted me about a modern pharmaceutical marijuana farm that was going to be traded suggesting that I should invest I was easily shocked. He was saying that the growing interest in marijuana was probably worth looking at. Before I invested I started looking online to see about some of the firms that were already publicly traded. Many of them fell into the category of high-risk so I needed to decide if I was willing to take a chance on losing everything I invested. It honestly was exciting to consider but I also knew that a small change in legislation could put a halt to everything that this modern company was trying to get done. Investing in companies that are on the splitting edge can be altogether exciting but you also need to use your head. I guess I surprised him when I informed him that I would need time to think about it instead of jumping at the opportunity instantly.