The StoNks thread

[Kaveh]

What is compound interest, the thread

[Gwaihir]

If all of my put-credit spreads finish out of the money in time for the quarterly options' 04/16 expiration, I'll be looking at +200% ROI over the past two fiscal quarters. So far, 3 out of the 5 tickers are above the top of my range by 25% or more, and the other two are exactly in the middle of their spread's range. Even if those 2 tickers expire at a complete loss, i'm looking at a 100% gain over the two quarters, and I have other people praying for our family's investments for me, because of the whole self-serving-is-a-no-gud thing.

[imperiouskitten]

4% roi is all u can hope for

-a brown man, who is racist

[Kaveh]

Index funds do about 11%, + compound interest. When you get 20-30% returns and then sell in a taxed account, you aren’t actually outperforming index funds

Hope this helps big J. You don’t have the options trading autism required for actual outperformance of the market, despite your ego. The advice is solid, take it or leave it

Also, getting a job is also sound financial advice

[Gwaihir]

Originally Posted by Kaveh [You must be logged in to view images. Log in or Register.]

Index funds do about 11%, + compound interest. When you get 20-30% returns and then sell in a taxed account, you aren’t actually outperforming index funds

Hope this helps big J. You don’t have the options trading autism required for actual outperformance of the market, despite your ego. The advice is solid, take it or leave it

Also, getting a job is also sound financial advice

circa 30% tax for the average income earner on a standard trading account, if short-term gains; 15% if the underlying security is held for a year,
at 20% gain this equates to a 14% net gain, at substantially higher risk than parking your investments into an index fund far less likely to suffer catastrophic less, yes, but we both know J is trading short-term and not working, because that's not really a problem if you have a 100k goose-egg paying you 30k/year; since the standard income/short-term tax rate on 30k/year is paltry.



Trading in a Roth with no intention to withdraw more than your net contribution under any circumstance (aside from the first-time homebuyer's allotted access toward borrowing up to 10k in gains before retirement), however, or even within an IRA if you've no intention to withdraw until the age of retirement where "employment income" is replaced with "Ira-withdrawal income" with a house owned in the clear is the way it should be done.

With that said, if losses are incurred in either IRA vehicle, they have no tax-writeoff benefit so THAT is the real unclear risk of these vehicles.

Then again, if you aren't gambling with your retirement with the expectation that your children and your grandchildren will be forced to pay for it anyways, you aren't doing it like Dad or America does it, so there's that.

[Kaveh]

Gwaihar I believe you can outperform the market. But for most, my advice is solid

Big J discovered day trading the last year of an 11 year bull market when every investment was great due to dips post covid, but somehow he’s a financial genius. $1000 in an index fund in 2008 would’ve outperformed everything he’s made in his entire life, but again, an understanding about financial basics, like compound interest would be required here.

[Gwaihir]

Originally Posted by Kaveh [You must be logged in to view images. Log in or Register.]

Gwaihar I believe you can outperform the market. But for most, my advice is solid

Big J discovered day trading the last year of an 11 year bull market when every investment was great due to dips post covid, but somehow he’s a financial genius. $1000 in an index fund in 2008 would’ve outperformed everything he’s made in his entire life, but again, an understanding about financial basics, like compound interest would be required here.

At my really good friend since High School's birthday party 2 weekends back, someone else brought up stocks, and my boy is like "dude, I'm strongly considering just giving (Gwaihir) all my money to invest because I thought I knew what I was doing, but apparently I'm retarded and he's still killing it."

The thing none of them realize, is that I don't intend to keep this strategy long-term. After I build it up to a certain threshhold, I will be putting the vast majority of the egg into flat (unleveraged) index funds, and only continuing with a 10% exposure to the more lucrative options spreads i'm currently diversified across.

For clarity, a substantially sharp movement past my calculated "top" and "bottom" ranges could wipe me out to completely having to start over again since I'm leveraging small windows outside of what i believe to be a "feasible" range.

[Gwaihir]

Btw, remember when I told you all ET would be returning to its obama-era glory under Biden? They're up to almost 9$/share now from 6.45 despite pulling the plug on the Dakota Pipeline fiasco greenlighted by the Obama administration.

Dfen is up to 19 from 11 as well

Petrol warmongers gonna war. If you don't like it, they have a 7million dollar ballistic on the way to change your mind

[imperiouskitten]

Originally Posted by Kaveh [You must be logged in to view images. Log in or Register.]

Index funds do about 11%, + compound interest. When you get 20-30% returns and then sell in a taxed account, you aren’t actually outperforming index funds

Hope this helps big J. You don’t have the options trading autism required for actual outperformance of the market, despite your ego. The advice is solid, take it or leave it

Also, getting a job is also sound financial advice

relax fat aladdin, Juris is pretty into the index funds and he's outperformed me. You don't have to sell me. I'm just rubbing in your face that I've made 150% returns in 5 months on gimmickcoins, where most of my money is, despite knowing they are nonsense and am about ready to buy a house now, up from homelessness 2 yrs ago (without working).

born princess ~

[Nexii]

Index funds have done well for me. Had some managed funds from last job, they didn't perform well. Even with 50% employer kickin I would have been as well off dumping unmatched contributions into index funds. It was kind of a wash.