Where do you invest your money?

Just waiting for the market to finally flush (probs end of March or April) before I start rolling the dice again :slight_smile:

bought SPY puts for tomorrow to save everyones’ portfolios. You’re all welcome

<------------------ hero

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Sold some GME to cover my initial investment… Yeah - paper hands, but from now on playing with GME casino’s money :slight_smile:

GME is not investment, it’s pure gambling. As a disclosure, I’ve gambled with it from 40s to upper 300s, sold and was perfectly happy. At this point I’m just watching it to see how badly it will end. Maybe I’m not seeing something, but Chewy guy or not Chewy guy, that company doesn’t have anything to bring to the table.

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Agree 100% - hence the casino reference. I’ve got only few thousand $$ in it. If it comes back to earth - oh well. If the mother of all squeezes does happen, it’ll be a nice chunk of change. Gotta pay to play :).

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Keep posting so we can inverse and make money.

That’s … exactly why I did. My sacrifice will not be in vain. When SPX is green tomorrow you know who to thank. You’re welcome

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AMC since $6 has been awesome, still haven’t sold the shares; save AMC save America; save the world!

Had a friend I know who bought 1 million AMC shares, pretty insane haha. That was pretty cool to see :hot_face:

Been riding GME since the $45-$50’s too, I’ll probably continue to hold both the ā€œmemeā€ stocks as people call them.

If anyone enjoys crypto/blockchain based companies, check out $LYL looks like a great long term hold, Chinese based supply company that uses blockchain technologies.

I thought I had bad market timing:

I call bull shit on that. They’re not monitored and don’t have to disclose sales like publicly traded companies. This is just a pr piece to spread the doge coin name onto more main stream media platforms.

Regardless thanks mr markus. Your shitcoin made me and Uncle Sam enough for a 911 and 4 toilet seats.

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I remember when Doge coin was like 0.0002. Sheesh, I think have like 10 hanging around in a wallet somewhere. They literally gave them away for free on like some site in 2018

:chocolate_bar:

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These two things and over time you will beat 90% of the people spending 50 hours a week investing :slight_smile:

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Unless you drop dead at 60. I enjoy the ups and downs of the market. It’s fun when your plans come to fruition. I was a huge commodity bull during lockdown and those positions have doubled and tripled since. And they will continue to rise at a higher rate then inflation.

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Absolutely, it’s just like lease hacking…the thrill of the chase is well, thrilling😁

The reality is, very few people over the long run are going to beat buy and hold approach. Even the Sage of Omaha agrees that this is what almost everyone should do for your ā€œstableā€ assets.

Playing around with the fun money is another story🤪

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Yes, my Vegas, stock play money, tax-deferred are all one order of magnitude apart.

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The Oracle is out of touch. There was a time that his style of investing was textbook. And I was a firm believer in value. That’s out the window lately and it’s all a casino. P/e is insane

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As much as you can invest pretax, as early as possible.

The best part of being self employed is that I can put away 3x those limits every year. When I ran our 401k (for basically me), the best I could do was just shy of double. I see a huge difference in growth with the bigger contribution years.

Meanwhile in investing, this is going right in the spank bank :drooling_face::money_bag::money_bag::money_bag:

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Vegas odds are known for each game, not so much with the stock market.

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The odds of commodities rising from their depressed levels last year were 100%. Oil was negative for a week

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Oil had a 50% chance of raising into the positive, and a 50% chance of the negative going negative, making it a positive. You can’t expect everyone to do the math :abacus:

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