Okay, so, I heard about this port strike thing and how it might mess up the supply chain. I started to think, maybe I should start getting some extra stuff, just in case. You know, like when everyone was panic-buying toilet paper a while back.
First, I went online to read about what was going on. I found some news about dockworkers and possible disruptions. It sounded like it could get bad, with shortages and prices going up. I figured it was better to be safe than sorry.
Then, I made a list of things I use a lot, like essential stuff. I wrote down things like canned goods, rice, pasta, and yeah, some extra toilet paper too. I also added some of my favorite snacks, ’cause if we’re gonna be stuck at home, might as well enjoy it, right?
After that, I started looking into this whole stock market thing. I mean, I’ve heard of it, but never really understood it. Turns out, it’s like a big swap meet, as someone said online, where you can buy parts of companies. These parts are called “stocks.” If the company does well, your stock might become more valuable. Sounds neat, huh?
- Checked out a few different stores to see what they had.
- Compared prices to make sure I wasn’t getting ripped off.
- Bought a little extra each time I went shopping.
I learned that investing in stocks is a way to potentially make money, but it can also be risky. I also read about something called “diversification,” which basically means not putting all your eggs in one basket. Makes sense, I guess.
Anyway, I decided to dip my toes in the water and opened a brokerage account. It’s where you buy and sell stocks. I transferred some money in, just a little to start. Then, I started looking for companies that seemed like good investments. It was all a bit overwhelming, to be honest.
But because of this port strike, I started to think about which companies are going to suffer the most and which ones might actually do well. This is gonna be harder than I thought.
I ended up buying a few different stocks, trying to spread my money around like that diversification thing said. Now, I’m just keeping an eye on them, hoping they’ll do okay. And also hoping this port strike thing doesn’t mess things up too much for all of us consumers. Especially on things like bananas, I really don’t want to not be able to get bananas. I placed some additional orders. Just in case.
Oh, and I also heard about this book, “The Barefoot Investor” by Scott Pape. I think I’m gonna give it a read to learn more about this whole investing thing.
