My cousin is a quant who works @Jane Street and I recently texted him my portfolio and he laughed:

33% NVDA
33% AAPL
10% TSLA
10% VOO
14% crypto (5% BTC, 7% ETH)

He just sent me the screenshot below and said, “Player smarter games, win smarter prizes homie”. WTF? I wanted to have a counter argument but who the hell is Michael Saylor? And is Bitcoin really that profitable? I think BTC could grow but not EXPLODE (diminishing returns) but am I wrong? How can MSTR perform better than BTC itself??

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Posting as :
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MSTR holds ~158000 BTC

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It could explode. But you have to sell before the next implosion. Ask the people waiting for it to get back to 67,000.

likesmart

This. All big money is trying to capitalize on crypto related stocks right now.

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Also don't think it won't explode. It probably will and has everytime anyone has doubted it.

likesmart

The highest if these also have the highest volatility. At times you would have been down 80%. The problem with backward looking is that it has nothing to do with the future.

With companies there is some ability to evaluate management, products and services.

There are times in recent history you could create similar lists with oil, uranium, copper, lithium or Gamestop on top. All would have looked great and been "obviously" the best choice.

likehelpful

I think falling interest rates in the US will help most tickers. I think the most affected might be small caps and emerging markets. I have 5% allocation to EEM and to IWM. I still overweight tech with AMD, NVDA, AWS, META & GOOGL. I'm also getting into regional banks with PNC and SCHW. I know Schwab is a broker, but it got hit with the regional.

I'm maintaining a 5% allocation to IEFA, likely going to 8%.

I'm rolling out of TLT, reversing my bear put diagonal into a bull put diagonal. It's currently down to 3% of portfolio after being 10% (my max allocation).

Over past 22 months it was my best trade by far at over 400% due to options being a leveraged trade.

The rest is split with XLK & SPY. With 3% in cash.

About 30% is the equity. The rest is in directional diagonals.

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MSTR issued debt to buy BTC so it’s a leveraged play.

smart

This has major timeframe bias (and hindsight bias). Its easy to pick the point right before crypto skyrocketed and say "crypto is the best performing asset"

If you bought in early 2019, you would have done about 2-3x in BTC. But if you bought NVDA it would be nearly 10x. Even Apple outperformed bitcoin during this time frame.

Here is your counter argument

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My point is - anyone can pick a timeframe and build a narrative that supports their argument.

Past results do NOT guarantee future outcomes.

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It’s really the regulatory/next thing risk

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I'm an OG investor. I invest in what I personally buy and brands I believe in. The Gap. Nike. Google. Tesla. I don't do trendy. You can mix your portfolio with some stable stocks and some risky stocks, however, the key is to consistently invest over time. Regardless if crypto is even here tomorrow, investing in gold and other long standing investments over time will win the game for you.

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I believe since 2013' BTC inception BTC had out perforned stocks. Just larger swings and typically a 4yr. Cycle yet COVID and slight recession messed up the 4yr. Cycle. Yet back then the talk was up to $100,000 then rumor up to $200,000 a coin and approximately 2025 talk. It's not going away my friends brother never a millionaire off it I was told have $5,000 in there be a millionaire in 10 years. I'm a novice. I did make $4,000 in a year when it was hot. Suggest have some in portfolio BTC& eth regular bear traders attempt to knock it. Yet they better not deny reality. U just have to stomach large swings and hold and get out at right time . My friend is like $60,000 he's waiting for the bull run and that day will come again and u can be apart of the run . Just put what won't upset you and learn.

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Did you forgot tsla tried buying bitcoin and finally exited?

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Hi guys 👋🏻
This is regarding the interest amount of our EPF.

For you guys,is the interest details showing any amount in the EPFO member passbook? Or is it showing '0' like me(As seen in the photo below)?

Is the government yet to credit the interest amounts of our PF balances? Or is something wrong with my PF account only?

Any inputs will be really appreciated 🙂

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How many of y'all have trust funds? What'd you do with the $$$?

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Little worries here guys - not able to transfer to Bittrex. Tried from Polo and Jaxx (cold storage). Transaction looked like it was going thru from Jaxx then seemed like it failed. ETH appeared back in Jaxx account and no changes to trans history...thoughts?

How much do professional, high-earning (300k+) people put down as down payment for their first home / condo in Manhattan? 20% seems pretty high given the median prices, but looks like thats standard

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Question about solo/self-employed 401ks: If I create a sole-member LLC for a side business and create a solo/self-employed 401k, am I only allowed to make contributions from the earnings earned via the LLC? Or am I allowed to contribute money earned from a different source (ie W-2 job).

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likefunny

HYSA anyone recommends?

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Any thoughts on why ETH is fluctuating so much?

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Investor’s Business Daily: worthwhile?

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Is anyone nervous about the whole Russia situation and how that may affect the market if an actual invasion takes place? Do you think it makes sense to take out investments just until things settle down, or even assuming the fed will increase interest rates? Thoughts?

likesmart

How do you earn $500k and still feel average?

likefunnyupliftinghelpful

Recommendations for best ways to save for retirement after contributing to 401k up to match and maxing out Roth IRA?

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Need help on how to invest. We are positioned to pay off our house later this year. Expect to work for another ~20 years. 401k fully funded and have some company stock investments maturing over the next few years, but no investments outside of that. Kids have a prepaid college plan for certain schools. Emergency fund is solid. Where should I look to start investing? I have fidelity for my 401k, would they be good to open a taxable investment account with, or are there better options?

likehelpful

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I have an offer from E&Y.

This is my favorite bowl ❤️

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Looking for a job in any established e commerce company as a Key account manager. I have 8 years of experience. Location - NCR
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Have you ever been racially discriminated against in a personal healthcare situation/not at work? While you were ill or in the hospital? Obviously horrible when it happens to anyone but it takes the cake for me when white people in healthcare discriminate about Black people when they don't know they work in the same field and know how they should be treated.

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likeuplifting

Additional Posts in Option Traders & Investing

For those who have been driving the daily thread posts (senior tax accountant / KPMG / etc) please DM me if interested in becoming a community leader for this bowl. I’ll put you in touch with Sam from Fishbowl. Thanks!

likeuplifting
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Everyone’s so focused on Airbnb and Doordash lol. Nobody’s talking about C3.ai though 👀

like

What’s does “fill the gap” mean??

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Bets videos on YouTube to learn to sell covered calls

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Start raising cash family. Take some profits. 4/14 3:51 est

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10/06 Thread (BC):

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5/28 Thread (General):

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What are some tools / strategies used for analyzing options?

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See you guys on the floor when markets open

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I don’t play with options much, but I happened to buy VERU calls for 2/19 a little while ago and now it’s skyrocketing, it’s up over $1k for me- will it keep going up? Should I just take the profits now and be happy?

like

Long time in the making; but we finally sold off from our 50% HWB short. We had two tests at the 3400 level, getting as high as 3420 today before the sell off. Momentum and pessimism over lack of stimulus could take us to the 3107 target quickly, nearly a 10 percent decline over the next month. Stay short my friends. It's going to get bumpy.

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Anyone else hammering AEO puts?

likefunny

$DPZ 370c 3/27

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What is everyone's current positions going to the weekend?
Here are mine:
$BA 110p 4/9
$SPY 220p 4/20

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3/2 - (specific symbols)

likehelpful

What are some good healthcare/pharmaceutical etfs that you would recommend?

like

Love that in true form I chose the 1 red meme stock. 😂💎💎💎

like

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