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PSA: With tax season is around the corner I just wanted to share that CashApp (Square) allows you to e-file individual Federal return and 1 state return for free (with NO income limit), and the best part is it supports ALL essential forms for stocks like 1099s and Sch D (gain loss on stock including crypto). DM if you need a ref code
https://cash.app/app/MLWKHQR
Bonus is out for EY GDS steps to see. Goto gdsindiapayroll.greythr.com, click on IT Declaration on left. Then click on My Tax Planner at the top right. Then click create my plan then click view it calculation on bottom right then expand income here under adhoc income you should see variable performance bonus amout.
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Enthusiast
All in GME!
Lol, I did the same thing. Made money on the way up and on the way back down. IV is crap now so not worth it anymore, unless you want to risk picking it back up for ~50 (I don't).
The bigger question is, why she still your fiance after 5 years?! If you ain't happy or ain't sure, move on p1, life's true happiness comes from people and relationships
Just looked at the numbers. Wow. Shouldn’t have gotten married! Jk Honestly it all depends. Sounds like you’ve done the homework and makes financial sense. Good luck!
Pay off utility energy bills of some poor people in this extreme cold and buy a new home
Buy real estate in Turkey and get citizenship for that
Invest in an index ETF like VOO.
Start writing weekly RIOT puts. You will make 10% every week.
What is important to you - spend money there,
This is no different than selling a holding in your brokerage portfolio for a big gain. The gain is yours. Slowly build another position or look for the next startup if you have a keen eye. You mentioned market saturation so perhaps do nothing and wait. Spend some of that money. Gains are nice. If not used to splurge or do something fine, what use is money?
What was your initial investment?
How many years is this? It’s like VC like returns
Depends on what your end goal is. If it’s to amass lots of capital to tackle higher level problems and/or help people continue to invest. I think there will be 20-30% correction in the market this year before it continues to go up. Buy then. Or if you want slow growth buy rental property in growing areas and rent if you don’t mind the upkeep.
If you want to spend money now on yourself or by helping people in the near future, go for it.
Personally, if I were a partner, I would use 50k to help people, 150k to put in the market and 100k as dry powder for other venture opportunities such as the one you invested in.
Invest in other small business. Seems like a great way to make a difference in your community and help the economy at the same time. Not risk free but sounds like you’re comfortable enough.
Visual Storyteller
I’d diversify it, its a big enough chunk of money.
You already have some real estate investments, i’d personally maybe through a few 10ks of it into another startup investment, lots into ETFs, some into crypto (personally i’d say eth but would also DCA since things are pretty hot right now). Holding common shares of near NAV spacs has been making me a mountain of low risk returns as well so far
Visual Storyteller
If you still hold the shares and they’re liquid, look into the possibility of donating the shares. In canada it needs to be a public company, but if you donate shares, you get a tax credit for fair market value, AND don’t pay any tax on the gain on the donated shares. Get to double dip kinda
AMC lol
Give it to a hedge fund
You are a smart person who values planning for the future. I’d be happy to give you professional advises. I help people like you to protect their assets and secure their financial future. PM me for a private discussion.
Buy Bitcoin
Continue to invest? There’s so much you can do!
You can look for overseas properties for sale. During this pandemic, many villas in tourist spot are for sale at cheaper price. But the legal fee to obtain overseas properties is expensive.
I’ve been liking some CeFi as the market gets hot. Voyager Digital is paying 8.5% on USDC. Great cash for a pull back or passive income in the meantime
$MSOS