Originally Posted by Hog's Gone Fishin:
Can you imagine a savings account paying 60% interest.
I honestly just think you're making really bad financial decisions. Not trying to be an ass, but you do realize you're losing money in the account that largely (albeit not entirely) negates your distributions, right?
If you got 60% but your account dropped 47%, you only gained 13% in a year in which S&P500 jumped 28%. [Reply]
Originally Posted by Hog's Gone Fishin:
I'm in a discord that analysis these daily. Worrying about the way they invest is pointless. They change weekly if not daily. They have evolved since inception to mitigate share price reduction. They are now using more spread options in the weekly portfolio while limiting exposure to downside. There's people in this discord bringing in over 3 mill per month, just incredible.
I honestly just hope you're not being scammed. Best of luck to you. [Reply]
Originally Posted by DaFace:
I honestly just think you're making really bad financial decisions. Not trying to be an ass, but you do realize you're losing money in the account that largely (albeit not entirely) negates your distributions, right?
If you got 60% but your account dropped 47%, you only gained 13% in a year in which S&P500 jumped 28%.
With CONY it’s showing a 47.5% loss in NAV but a yield of 129.85%. So anyone correct my math. A $100k investment now has a value of $52.5k and received $129,850 in dividends. Dividends are taxed as ordinary income, based on Hog’s previous comment on dividend income assume a 24% tax rate, -$31,164. So the value in 2025 is now $151,186.
While an investment in VOO grew 26.77% and received a 1.22%. Now being worth $127,742.20. I reduced the dividend by 24%, but did nothing to the growth, since it would only be taxed when sold.
Anyone think Intel is a buy? Yeah, all the news is bad, but it seems like the crash is subsided.
I keep hearing it is a good candidate to take private. If that's the case, there is usually a premium. If not, you gotta think with all the assets, some sort of turnaround is incoming if they can unfuck themselves. [Reply]
Originally Posted by RunKC:
Can anyone give me the low down on NVIDIA? I don’t think I’m late here. I just know they are super niche and very good at what they do.
And not to be political, but Nancy Pelosi, the GOAT of stock gains, has loaded up on this one. It’s by far her largest holding.
Again not being political here but your portfolio has gains of 55% in 2024 I’m definitely gonna follow you
The problem I have with following someone like Pelosi is she most likely has inside information. Second, if you’re following, you’re already behind.
I still like Nvidia, although I think their growth won’t be as high as it’s been over the last few years. I’m not sure that they will crash though, so dollar cost averaging into the stock may be a good idea.
I’m a firm believer that most people don’t have the time or knowledge to research and hand pick stocks, and therefore would be better off buying an index fund. [Reply]
Originally Posted by RunKC:
Can anyone give me the low down on NVIDIA? I don’t think I’m late here. I just know they are super niche and very good at what they do.
And not to be political, but Nancy Pelosi, the GOAT of stock gains, has loaded up on this one. It’s by far her largest holding.
Again not being political here but your portfolio has gains of 55% in 2024 I’m definitely gonna follow you
I think I'd hesitate to get in as far as it's run up.
The PE ratio is 59.10. The earnings growth would have to be astronomical to support that.
That being said, it could run a hell of a lot longer. [Reply]
Originally Posted by ThaVirus:
I’ve had similar thoughts. Those people clearly know more than we do.
Didn’t they have a mass sell off right before COVID lockdowns?
Yeah dude. The Nancy Pelosi Stock Trader account on X made an app called autopilot that shows their holdings and it’s free.
So far I see Crenshaw with 42% 1 year gains, Pelosi with 55% 1 year gains and surprisingly the Schultz Rep from Florida is up 63% (!!!) 1 year gains [Reply]
Originally Posted by RunKC:
Yeah dude. The Nancy Pelosi Stock Trader account on X made an app called autopilot that shows their holdings and it’s free.
So far I see Crenshaw with 42% 1 year gains, Pelosi with 55% 1 year gains and surprisingly the Schultz Rep from Florida is up 63% (!!!) 1 year gains
Does it track longer than a year. I’m interested in 3,5, and 10. [Reply]
Originally Posted by Bugeater:
I have no savings, no 401k, I rent my house and lease my car and I would like to retire next week. Any advice would be appreciated.
How old are you, if you don't mind me asking? [Reply]