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Chewbacca Almost Killed Me

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Tue, Jan 11, 2022 02:06 PM

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Invest in things you love and compound those gains into something new. And don't be afraid to put so

Invest in things you love and compound those gains into something new. And don't be afraid to put some elbow grease into it. Invest in things you love and compound those gains into something new. And don't be afraid to put some elbow grease into it. [Outsider Club logo] Chewbacca Almost Killed Me [Jimmy Mengel Photo] By [Jimmy Mengel]( Written Jan 11, 2022 Dear Outsiders, On a very cold day last winter, I was victim to an armed assault from a complete stranger on my own property. The only thing I recognized about the man was the costume he was dressed in: Chewbacca from “Star Wars.” Chewie had sped into my compound in a beat-up minivan in the dead of night while my friends and I were gathered around a campfire. We had been having a thoughtful, quiet conversation when we heard the opening keyboards from “Final Countdown” tearing up the driveway. As if that weren’t alarming enough, he proceeded to exit the car and blast two mortar shells into the air, lighting up the midnight sky with the ferocity of the space battles that bore his costume’s namesake. We were flabbergasted and underprepared when he began approaching us… [The No. 1 Stock Under $5[Alex Green]]( Virginia stock-picking millionaire says it’s not about diversification! One single stock under $5 — that trades under a secret name — could help you build your retirement. [His details are here.]( “What’s up, motherf*ckers!” he yelled. Chewbacca proceeded to toss a pound of firecrackers into the bonfire, which sent my friends and I scattering in all directions. The group had no clue what was happening and, as the fireworks sprayed in every direction, we all took up defensive positions. I rolled behind a rusted trash can. Another ran to his pickup truck. One grabbed a tree branch to defend himself. The wookie removed his mask, and that’s when my friend started laughing hysterically: This was his buddy Tony who he’d invited for the weekend, but never expected to show up. Certainly not in such a dramatic way. It was quite the entrance. Now, my property in Charles County, Maryland, spans 25 acres and backs up into another 100 acres in protected parks. It has been a wonderful escape from not only the pandemic, but the world at large. [compound pond] When my friends and I started an LLC to buy a weird, distressed property, our families thought we were a bit crazy. “What in the hell are you going to do with an empty property in the middle of nowhere?” they laughed. The fact is we did some investing. My band of buddies snagged the property for a couple grand on a tax lien. For the last few years we've treated it as a “hillbilly hideaway” where we could camp, drive four-wheelers, and check out from the day-to-day monotony of our everyday lives. This current situation gave us the added confidence in our purchase and made for a much-needed respite from the home lockdown we've all been living in. But it hasn’t been easy. The visit from Chewbacca notwithstanding, we also had to deal with an estranged family member burning down the house on the property the first day we visited, and electrical workers — caught on our trail cams — stealing property, like this irreplaceable James Brown doll: [james brown doll] Not to mention the month each year we spent on what we called “suffer camp” where we rented a Bobcat, rented dumpsters, and cleared the property of debris that included an Indy-500-level cache of used tires, a couple of busted tractors, and a few tubs of what could only be described as pink, industrial goo. I still don't know what that stuff was. We probably shouldn't have been touching it. The #1 Tech Stock to Own RIGHT NOW By 2030, the driverless car industry will be worth $3.1 trillion. By then, 71 million self-driving cars will be on the road. But here’s the interesting thing... Without a certain company’s technology, this $3 trillion market will be stuck in the mud. This company's devices will unleash this megatrend, and early investors will be the first to feast from this untapped $3 trillion market. We’re looking at potential gains of up to 16,795% and beyond. [Get started here.]( But it was all worth it. While most investments are easy on paper, this was a true labor of love. There were literal blood, sweat, and tears involved. My friends and I will all have vibrant memories of the property and all we put into it, but we’re also about to get a lot more out of it. It's the most fun and pain I've had making a ton of money. For around $30,000 all said and done (not counting the emotional aspect, positive or negative), we’re getting rid of it. And we’ll be at least tripling our money as some estimates put our silly little compound at $120,000 to $150,000. Not only will we be getting out of an investment with a massive return, but we’re turning those proceeds into another property outside of Washington, D.C., that should return a few hundred grand in short order. There are two takeaways here: Invest in things you love and compound those gains into something new. And don't be afraid to put some elbow grease into it. All too often people are afraid to sell something in order to try something new. I’d say, as a New Year’s resolution of sorts, let things go. Don’t hang onto something that has run its course. And don’t be afraid of trying something new. [Pick yourself a new adventure and follow it until it ends.]( Godspeed, [Jimmy Mengel] Jimmy Mengel [follow basic]( [@mengeled on Twitter]( Jimmy is a managing editor for [Outsider Club]( and the investment director of several personal finance advisories, [The Crow's Nest,](and [The Adventure Capitalist]( For more on Jimmy, check out his editor's [page](. *Follow Outsider Club on [Facebook]( and [Twitter](. Browse Our Archives [NASA Just Deployed a $10 Billion Time Machine]( [Safety May Be the Best Option in 2022]( [The 2022 Energy Reckoning: Reality vs. Expectation]( [Biden's Worthless Plan to Lower Food Prices]( [Your 2022 Flight Plan]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here]( and view our privacy policy and information on how to manage your subscription. To ensure that you receive future issues of Outsider Club, please add newsletter@outsiderclub.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. Outsider Club, Copyright © 2022, Outsider Club LLC and Angel Publishing LLC. All rights reserved. 3 E Read Street, Baltimore, MD 21202. Your privacy is important to us – we will never rent or sell your e-mail or personal information. Please read our [Privacy Policy](. Neither the publisher nor the editors are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment advice. Read our [Details and Disclosures.](

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