Robby4c

Am I turning this into a gated V12 or every piece from the off-catalogue Rolex release??

@bsinger39 @russellDC4L @lynk0x You can get 6.6% from A’s right now at Schwab

@russellDC4L @lynk0x Where are you getting a 6% cd

Maturing is realizing a $2M net worth with zero cash flow is a financial time bomb.

@Investmentkage Holy shit you are dumb

This is not normal. It’s not very often a 36% gain happens in the S&P 500 in one year. It happens, but it’s not normal.

@sebastianbaughh Tell them to be good enough to get a seat 🫵

12 women ever and 2 black people ever lol this sport gotta be the least diverse in history

Crazy amount of $MRVL flow today. The July 180 calls specifically

@GenoCast I’ll add more than 15k of that

@robby4c onds?

Someone give me a stock to put $15k in

@paradisemint @aincomeinvestor What Rolex are you buying that’s cheaper than buying it new?

Don’t EVER buy a new Rolex. Shop around. No matter the condition you can have it buffed and polished at a Rolex dealer for a couple hundred bucks and it will look brand new. All my Rolex watches are worth significantly more than I paid for them. Essentially I get paid to wear a Rolex. When the stock market is in the bear market, that is the best time to start shopping. Coin dealers are a great source for them. Lots of coin shops buy them in estate sales cause they want the coins and they will sell the Rolex watches they buy cheap.

When I said “no rolex until $200,000 invested”, someone told me by then I won’t even want the rolex anymore. It kinda hit me lol. For someone who waited to hit a certain amount of money stacked up, has this happened to you?

@riplizzyfr This daily looks wild

@robby4c $GRAB

@OGTRUNKSS Bought it on IPO day!

@robby4c $ARM

@panchogaming7 @sama Very low volume on this one. I’ll have to dig into it a bit more

@robby4c #MRM @sama wants their data! Big winner this year

@CrosbyDarrian Like 8.75 area 😭

@robby4c Okay that make sense! What was your entry on it??

@CrosbyDarrian I actually sold this for a loss not long ago, so I’m still in the month-long waiting period to secure the loss for taxes before I can buy back in.

@robby4c $BULL

Done

@ducksays Retardmaxxing

here's my portfolio breakdown at 28: $236,550.36 $SCHD $75,801.12 $FXAIX $40,249.03 $SPYM $16,026.77 $VFIAX $845.22 $MSFT $187.64 $XRP this means I'm 64% in $SCHD and 35% in the s&p. good or bad?

@Investinc_Intel @FurtureRichKid I agree, I keep around 70% in S&P and pick individuals with the rest. Way more satisfactory

@robby4c @FurtureRichKid Average return of like 15% is not bad. It’s a great anchor. I have to much fun with individual stocks though and think higher returns is possible.

Is $VOO and chill really the way to go?

@Investinc_Intel @FurtureRichKid Since 2010. The same percent as the S&P500, because that is what we are looking at.

@robby4c @FurtureRichKid I’m asking for the $VOO specifically since that is what we are looking at

@Investinc_Intel @FurtureRichKid ?? S&P is up 101,000% since inception.

@FurtureRichKid 500% return but how many years is this over?

@alexeck @TJTheWheelDeal It can depend on the situation. If you’ve sold puts on a stock several times, like, $100 collected from $20 put 5x before assignment that brings avg cost to $15/share, you can sell $16 calls now even tho $20 is your recorded cost basis. Good to journal to keep track.

@TJTheWheelDeal The issue I have is when you’re assigned at a lower price and then it goes further down and you’re trying to write calls against a much lower price

The Wheel Strategy is very simple at its core. Find a stock you want to own and can afford at least 100 shares. Decide on a price that is fair market value for you based on your own research. Sell a put. Get paid a premium for agreeing to buy shares at a discount to the current market price. Rinse and Repeat over and over until assigned the shares at the price you want to own the stock Once assigned you sell a covered call at a price you’re comfortable selling the shares for a profit. Rinse and repeat over and over until shares are called away. Once complete you assess what just happened. You got paid for agreeing to buy the shares at a discount and agreeing to sell the shares at a profit. Congrats on the win. Start over on the same stock or move onto another setup that makes dollars and sense to you. Run your own race!!

@ultim8faith @dwengca @SmokeySnipe @RobinhoodApp fidelity.com/bin-public/060… It’s not going to affect most people.

@dwengca @SmokeySnipe @RobinhoodApp Which etfs

It's sad day for me. After all these years, Good bye fidelity. Hello @RobinhoodApp

@BoomerDivvies Would my answer change the fact that DCA would have given you substantial returns during that period? Your post is relevant to those who bought the peak and didn’t invest another dollar.

@robby4c Were you even investing in 2000?

For 12 years dividends were the only return in the S&P. That’s longer than many of you have been investing. The S&P was flat for the 12 years from 2000-2012. Dividends made up ALL of the returns that investors enjoyed. Tell me again why dividends are bad?