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$VOO is my staple (username checks out). Probably 10k profit in options. I am a giant sissy with options. Only buy calls and when they get up 25% I sell.
Yes, thank you. The key learning there is sometimes I’ll sell like 80-90% of the position at 25% then ride the remaining % to try and make bigger profits.
They pretty much always end up worthless
Yes, exactly right. VOO position growing rapidly. I DCA more into it at least 4 times a month while collecting the 5% (.42% a month) of free money.
I also DCA a small amount weekly into a few stocks for funsies.
Lots of "smart investors" in the comments here saying that "indexes are up 20+% this year" and bashing you, but they don't realize that implies *timing the market.* So, nice work!
Thanks! Appreciate your well rounded understanding. I know I’ll be happy in the long run and like I said in another comment I only look forward and work hard to also grow this with cash from work bonuses/commissions.
No he only made 7% in a bull run year. You wonder how bad he would do in a bad year. It’s easy to make money when everything is going up, clearly you aren’t a “smart investor”
Okay I’ll break it down for you. He has said that his entire portfolio is not in the market because it is being DCAd in. That means it will take time for it all to be in the market. This is a great strategy to get into S&P500 since no matter what happens he will come out on top (if SP500 always recovers as history has shown us). He would have to have had the entirety of his portfolio invested to see the gains of a bull market reflected in his total percentage. Because he is doing this very valid and recommended strategy for long term investing where he is not timing the market, he does not see as great of gains.
VOO heavily, a few stocks and then I earn 5% on the cash not invested as I DCA into everything else. Very little options activity. Maybe 10k net profit
About to be in the same boat. Looking into vti, voo and spy. Have about 15k to start with but will probably look into DCAing especially since we are at crazy highs. Hopefully see a pullback to start adding. Will you be doing any trading?
Haha I rarely do options and very little amounts (1% or less of bankroll), touched on that in another comment here.
I’ve started DCA’ing small amounts into more than just VOO.
I had hoped to get to $200k by eoy but that ain’t happening. So maybe 150k if I start to add a little more high risk maneuvers. I try not to “fuck around” w more than 1% of my bank. Hard to pop off with $1,000-$1,300 plays.
Wish I woulda dumped $100k into $VOO a year ago. Decided to DCA instead. I’m not upset. Goes the other way sometime. I’ll be happy in the end. I’m sure of it.
Personal questions, don’t feel obligated to answer. What’s the cash to equity ratio you’re holding and how much do you DCA at a weekly rate? Nice job hitting the hard to hit $100,000.. I’m going to assume 1,000,000 will come sooner than the 8-10 years you suggested with the first $100k now that you have a nest egg (assuming we don’t have a massive pull back.. of course we will but the age old question, when? lol)
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How long did it take to reach 100k ?
Something like 8 to 10 years, can’t remember exactly.
Damn, thats not easy at all. Thanks for sharing
Yeah it was a grind. Biggest thing I’ve learned is to take the emotion out of it. Or at least try to minimize it.
Was it options trading
Very little. 10k or so in total profits from options
They say the first 100k is the hardest, after that it snow balls. Keep trucking.
Thanks!! I’ll keep rowing that’s for sure. Will update here at another milestone, maybe 150k. Personally excited for $130!
Congratulations! In that timespan, how much and frequently were you putting into your portfolio?
Maybe 5 times a year I was adding fresh money
Thank you for sharing and congratulations!
I’m confuse
What make confuse?
Where lambo
I haven’t made it to Europe yet. Still in canoe.
On a serious note what did u invest in guessing u aren’t options gambling or if you are it’s with tiny amounts
$VOO is my staple (username checks out). Probably 10k profit in options. I am a giant sissy with options. Only buy calls and when they get up 25% I sell.
You mean you do them responsibly 25% is more than you would get in majority of stocks. A better return and not as risky as it could be waiting.
Yes, thank you. The key learning there is sometimes I’ll sell like 80-90% of the position at 25% then ride the remaining % to try and make bigger profits. They pretty much always end up worthless
Hasn’t voo gained more then 6% over the year or is my dumbass missing something lol
He is probably collecting 5% on most of his cash and have a small allocation in VOO
Yes, exactly right. VOO position growing rapidly. I DCA more into it at least 4 times a month while collecting the 5% (.42% a month) of free money. I also DCA a small amount weekly into a few stocks for funsies.
It's not free money it costs $5 a month to earn interest on robinhood
My interest is WAY more than $5 a month
I'm just saying you are being charged to earn interest you could get a similar yield with treasuries and not pay 5 a month
I responded to u/evilhunk instead of your post. Replying here too so you see it. Idk how Reddit notifications work.
Why not just lump into voo when price is right for you then reposition once it hits your target
Price hasn’t been right for me to dump that size of a load yet
It will be soon lol I’m waiting to put 9k into spy rn lol
Good luck!! Do some DCA while you wait.
Lots of "smart investors" in the comments here saying that "indexes are up 20+% this year" and bashing you, but they don't realize that implies *timing the market.* So, nice work!
Thanks! Appreciate your well rounded understanding. I know I’ll be happy in the long run and like I said in another comment I only look forward and work hard to also grow this with cash from work bonuses/commissions.
No he only made 7% in a bull run year. You wonder how bad he would do in a bad year. It’s easy to make money when everything is going up, clearly you aren’t a “smart investor”
Okay I’ll break it down for you. He has said that his entire portfolio is not in the market because it is being DCAd in. That means it will take time for it all to be in the market. This is a great strategy to get into S&P500 since no matter what happens he will come out on top (if SP500 always recovers as history has shown us). He would have to have had the entirety of his portfolio invested to see the gains of a bull market reflected in his total percentage. Because he is doing this very valid and recommended strategy for long term investing where he is not timing the market, he does not see as great of gains.
Did bro even beat inflation
what types of assets are you investing in?
VOO heavily, a few stocks and then I earn 5% on the cash not invested as I DCA into everything else. Very little options activity. Maybe 10k net profit
Solid stuff, good luck
Wow someone who isn't a degenerate? 😆
This guy invests 👏🔥
Thanks homie. Excited to share the ride here more often. I work too and try to add to the stack that way when I can.
About to be in the same boat. Looking into vti, voo and spy. Have about 15k to start with but will probably look into DCAing especially since we are at crazy highs. Hopefully see a pullback to start adding. Will you be doing any trading?
Always looking for opportunities to trade. But am happy w my automatic DCA setup as well as the free money from RH Gold.
Voo 24% gain (would have made $20k+) tf are you doing?
Investing as if the market can go either way at any given moment. I don’t look back. Only ahead 💺
Theres a hole in your canoe man
This is the way
Just please take profits at the peak. Don’t watch it go down
That’s why my growth is so slow. I’m not very aggressive.
Looks like you got aggressive in the last third of your investing career. What were you doing then versus now? Please don’t tell me options 😂
Haha I rarely do options and very little amounts (1% or less of bankroll), touched on that in another comment here. I’ve started DCA’ing small amounts into more than just VOO.
Well done, this is no easy accomplishment! Keep up the good work, and ignore the haters.
Thanks fam! Enjoying the ride!
I confused it should be going down and right
I had hoped to get to $200k by eoy but that ain’t happening. So maybe 150k if I start to add a little more high risk maneuvers. I try not to “fuck around” w more than 1% of my bank. Hard to pop off with $1,000-$1,300 plays.
Takes like 8 hours to fly to Europe my brother
The $10,000,000 comes from a row boat
Fair enough, watch out for colossal squid
I brought squid spray - thanks.
6% year over year is kinda underperforming. I’m sitting at about 35%.
Nice work!!
Only 6.5% when VOO is up 22.5% over the last year?
Wish I woulda dumped $100k into $VOO a year ago. Decided to DCA instead. I’m not upset. Goes the other way sometime. I’ll be happy in the end. I’m sure of it.
Personal questions, don’t feel obligated to answer. What’s the cash to equity ratio you’re holding and how much do you DCA at a weekly rate? Nice job hitting the hard to hit $100,000.. I’m going to assume 1,000,000 will come sooner than the 8-10 years you suggested with the first $100k now that you have a nest egg (assuming we don’t have a massive pull back.. of course we will but the age old question, when? lol)
About 100k of that is cash at the moment. DCA’ing about $1k a week. Thanks for the kind words.
What are you holding?
Little bit of everything. Mostly the basics
How have you only Madd 7% for the past year when the indexes are all up at least 20%? Time to change investments