Double To A Million Plan: Double A Penny - Step 20 - Drunken Brawl

Double To A Million Plan

Double Your Way To A Million
Starting with Nothing, Ending with a Million Dollars.

Author: Xinfinitum

Saturday, August 29, 2009

Double A Penny - Step 20 - Drunken Brawl

How To Double Your Way To A Million In 28 Steps
DTAMP - Double To A Million Plan Blog

Overall things have been going dreadfully. I won't go into details but, without any exaggeration, everything is going very badly and we are being attacked in so many ways and from so many sources, I am not sure we will make it through this time without a full blown miracle occurring.

My hope is that one day, if at all possible, life will return to some state of normalcy.

Despite all that is happening, I keep plugging away at DTAMP in whatever capacity I am able to.

Today I found ($0.12) on the floor of the supermarket. The market was very busy and I needed to get to a dime that was in the middle of the checkout aisle. I kept going back to it but there would always be more people in the way. So finally I decided to wait in line and when I got up to the dime I picked it up. The clerk smiled at me. I think they have gotten used to my determination to get stray coins laying around.

There was a bit of a ruckus at the supermarket. I noticed this one guy kind of fall off the curb and landed on his back in the parking lot. I was walking out of the store at the time to get something in the car. Another guy sitting a ways away said to the guy something about getting up.

Then another of the four men got hostile for some reason and started to approach the guy that said something about getting up. The hostile one started to posture and cuss. You could tell he was trying to build up his courage to do something. As I walked away I could tell that there was going to be a fight or something.

By the time I got back one guy was sitting with a bloody face. In the store the guy that fell down was sitting there his face covered in blood. The hostile guy was no where to be seen. Eventually the police showed up with an ambulance.

It was obvious all four men were drunk. Pitiful. It was because of a drunk driver back in 1965 that my Father ended up dying early in life. The bad blood he got when they saved his life back then, ended up destroying his liver. It also destroyed the second liver. The 21 year old kid that hit us (he went out to celebrate his 21st birthday and got drunk), ripping off the driver side of our car, ended up going through the windshield and dying. All four of us survived, but just barely.

The surgeons gave up on my Father because he was a total mess and gave him to an intern to practice on. The intern ended up saving my Father's life. He spent three months in a coma and a year in the hospital. When he got out he died in our living room and saw the light and his body laying on the floor. He came back and they brought him to the hospital again. Turned out one of the arteries from the heart to the brain had broken off and fused to another area. They had to cut him from his heart to his brain to remove the artery and fix the damage.

That surgery had never been done in the world before and specialists from all over the world were trying to get the position to perform it. My Father survived. He went on to play golf every chance he got for the next 35 years. Nothing stopped this man. Not a broken back, crushed vertebrae, a missing artery, nor the destruction of his liver. He was unstoppable.

I never realized what a great man my Father was. Now I will never forget it.

I haven't made any trades for DTAMP since my Father went into the hospital at the beginning of June.

On Thursday, August 27th, 2009 I finally made a trade and purchased 262 shares of UCO @ $11.60

UCO is ProShares Ultra DJ-UBS Crude Oil(ETF).

I am still holding it at this point and fortunately it is up around +7.11% @ $217.00 after commissions. Hopefully Monday oil will go up.

The thing about UCO is that it is a leveraged play. The summary says; "The investment will seek to replicate, net of expenses, twice the daily performance of the Dow Jones AIG Crude Oil Sub-Index."

The problem with leveraged ETFs is that the longer you hold them the more of a disparity grows between the pure (2X) ratio and the reality of the actual investment. In other words it loses ground over time. So this ETF is really meant for fast in-out trades.

Present Stake: $3098.64

Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.
Theme Song: Chumbawamba - Tubthumping



This Double A Penny Blog is based upon the Doubling Method "How to Double Your Way to a £Million in 28 Steps". Using the Doubling Rule it is an attempt to "Double Your Way to a Million" by going from one penny to a million dollars, starting from nothing. At the beginning you start by finding a penny and then double a penny until reaching $1,000,000.

Double Your Way To A Million
How to Double Your Way to a Million in 28 Steps
D.T.A.M.P. - Double To A Million Plan

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Anonymous Luke Sidewalker said...

I love the tenacity you showed with the dime in the supermarket.

'No coin left behind' that is the mantra I live by!

All the best,

-Luke Sidewalker

Sunday, September 13, 2009 3:07:00 PM  

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