Finally made it back after a very rough year. Based on my history, I should reach an ATH soon. The question is whether I get wiped out next time it goes down.
You realize a savings account carries less risk and more return right?
chicksOut on
hahahaha, until you remember inflation.
Secure_Bit8068 on
When I had 100k i would stop investing in option and put it all in S&P 500 x 5 leverage.
When it continues to have 10% a year than you wll have 780k in just 5 years – the interest cost on the leverage of course.
Any_Try4570 on
Dude would have almost $300k if he had just put that shit in SPY like 4 years ago 😂
Straight-Elevator419 on
It’s funny because I always try to scroll with my finger over the chart on these posts
LostRedditor5 on
Meanwhile over that same 4 year period the S&P has gone from 3130 to 5486
That’s a 75% gain. Based on your account size that would have been about 110,000 in gains.
Instead you made a 0.20% gain, or 300 bucks on almost 150k
So you’re technically down about 110k still bc you could have done so well with far less effort just being a reasonable person.
You’re very bad at this and should stop.
jenniejen1127 on
I hate that
Fat_tail_investor on
Hopefully you learned to not yolo on options or shitty stocks. Though you’re back to break even you’ve lost a lot compared to if you had just invested in VOO over the last four years.
Koronavitis on
Congrats! I’m still trying to get back to where I was 4 years ago.
Substantial_Quail432 on
Poor you lol
doctor_trades on
Truly congratulations
Blackhawk149 on
Don’t want to burst your bubble but inflation from last four years means your dollars are -30% less.
tourbladez on
It’s all about the journey. Not the destination.
nerdiestnerdballer on
Congratulations you haven’t lost all your money, which is quite an amazing feat considering your trading options. Will you continue to gamble and risk it all for a lottery ticket at wealth, or will you explore more certain outcomes.
bittabet on
Actually, due to inflation you’re down about 20%. Plus you probably paid a bunch of taxes too.
EnergeticFinance on
Maybe quit now while you are somehow not behind.
slvneutrino on
This is why you pull out profits and stick them in another account that is boring as fuck with growth stocks or Boglehead style and run a traditional dividend reinvest strategy and have it passively compounding while you gamble away in your other account.
GamerDave_PL on
Keep going, it will only go up from here!
south2-2 on
That’s why real estate is better. Lol
papichuloya on
Bro.. just stick to hysa then
Fladap28 on
I still consider this a win![img](emote|t5_2th52|4271)
Constant-Original on
Could have been worse….
__LudwigBoltzmann__ on
Did you count the tax? ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
36 Comments
https://preview.redd.it/atw2pujki4ad1.jpeg?width=1439&format=pjpg&auto=webp&s=074c91a931336140c7305aa0356285c960cbee14
Chart looks oversold and ripe for a reversal ![img](emote|t5_2th52|4271)
Welcome back to square one. Everybody gets one, don’t forget that.
I am sure it was 4 years of nonstop fun and excitement ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
For 4 years you did a whole lot of nothing 🤣
Let’s go
I bet your total out/total in for those 4 years was multimillion. My $20k account had a out / in of $120k and only $900 in profit lmao
Alright, what rules did you learn in that time to get you back to square 1?
You had your peaks.
Need this to happen for me ![img](emote|t5_2th52|52627)
far better than ~99% of the sub, so well done.
IRS: Where’s the tax payment for $296.34 gain?
https://preview.redd.it/ykogee9zx4ad1.jpeg?width=903&format=pjpg&auto=webp&s=ac866e6e6843bca552a9fbc3fa769b20a5fd9784
Almost for me. I road btc down to toilet.
You realize a savings account carries less risk and more return right?
hahahaha, until you remember inflation.
When I had 100k i would stop investing in option and put it all in S&P 500 x 5 leverage.
When it continues to have 10% a year than you wll have 780k in just 5 years – the interest cost on the leverage of course.
Dude would have almost $300k if he had just put that shit in SPY like 4 years ago 😂
It’s funny because I always try to scroll with my finger over the chart on these posts
Meanwhile over that same 4 year period the S&P has gone from 3130 to 5486
That’s a 75% gain. Based on your account size that would have been about 110,000 in gains.
Instead you made a 0.20% gain, or 300 bucks on almost 150k
So you’re technically down about 110k still bc you could have done so well with far less effort just being a reasonable person.
You’re very bad at this and should stop.
I hate that
Hopefully you learned to not yolo on options or shitty stocks. Though you’re back to break even you’ve lost a lot compared to if you had just invested in VOO over the last four years.
Congrats! I’m still trying to get back to where I was 4 years ago.
Poor you lol
Truly congratulations
Don’t want to burst your bubble but inflation from last four years means your dollars are -30% less.
It’s all about the journey. Not the destination.
Congratulations you haven’t lost all your money, which is quite an amazing feat considering your trading options. Will you continue to gamble and risk it all for a lottery ticket at wealth, or will you explore more certain outcomes.
Actually, due to inflation you’re down about 20%. Plus you probably paid a bunch of taxes too.
Maybe quit now while you are somehow not behind.
This is why you pull out profits and stick them in another account that is boring as fuck with growth stocks or Boglehead style and run a traditional dividend reinvest strategy and have it passively compounding while you gamble away in your other account.
Keep going, it will only go up from here!
That’s why real estate is better. Lol
Bro.. just stick to hysa then
I still consider this a win![img](emote|t5_2th52|4271)
Could have been worse….
Did you count the tax? ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)