Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Def a foundational read.
Highly recommended reading.
I should’ve bought more when it was $5.88. I wonder if I should purchase more while it’s under 10?
Only you can answer that one. Context for me: I started buying from the SPAC days all the way up to $17 and continued to DCA until my avg got under $5. It wasn't stressful because I believed in the company and was willing to risk it. FOMO is real.
The only time I get upset with myself is when I buy based on what others are doing ($NVDA).
I guess if you’re expecting it to go up to $300 or $400 over the next 5 to 7 years, buying it under $10 still gives you a 30 to 40x return.
That would be fantastic. I heard about a guy who bought NVDA when it was under $5 and has thousands of shares. All he does is sell covered calls on his shares to bring in good money. That would be the plan - never sell and do (safe) covered calls.
**Of course this is my spec play. I still have a 401k, Roth and long term account.
Yup reminds me of my professor in graduate school that bought tons of Microsoft stocks when it first IPO....Man that dude use to brag about that shit almost ever class and this was back in 2007 when I took his Econ class....LOL
I think Mr. Fired Up Wealth is one of those folks though bought tons of NVDA at like $15 or $30 dollars...
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Man, my high school biology teacher (Mr. McIntyre) said "Hey gang, tell your parents to invest in this company called Microsoft. I dont remember if I told my Pops, but I just looked it up and shares in 1989 were as low as .31.
That’s wild!Man, my high school biology teacher (Mr. McIntyre) said "Hey gang, tell your parents to invest in this company called Microsoft. I dont remember if I told my Pops, but I just looked it up and shares in 1989 were as low as .31.
Talk about a multi/bagger. Lol
Im not going to say he is full of shit! He is a ceo... and you cant expect him to say certain shit... those are house rules...at the end of the day he feels that he can navigate them into a better position and i think thats what counts! But nice drop on the video.. i have seen many private equity groups do this! They have done it to our company..
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Think about this: You could buy a bunch of shares in ACME Corp and only get $15 a year in dividends. At the same time, people risk (and lose) so much money trying to break the bank day trading, when their goal should be to make $15 a day.
Understanding the game… Setting up that family office
Anyone here have an FA? If so, what are the fees looking like?
I don't, but do you think you need one and what do you think they can offer that you cannot do for yourself?
I dont consider my $$$ long enough to need one (yet).
They usually charge in (1,2,3,4,5%) increments to manage a sum of money $50k, $100k,etc…
We fucked