WoV stock portfolio
Quote: billryanI was reading about an "investor" who deposited $123,000 into a cryptocurrency account, made a series of increasingly crazy bets, and turned it into $43 million in four months. Sadly, his improbable streak ended, and he lost most of it, but did cash out with just under seven million
On one hand, he had an incredible run, converting less than two hundred thousand into multiple millions. On the other hand, he is a cautionary tale, having lost over thirty million dollars on just a few wrong guesses.
I hope he takes the money and puts it to good use.
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I’ve had a few stocks which started to soar. After a quick double selling half so the rest is a ‘free roll’ might not make pure financial sense but it feels good. I keep selling bits of TSM as it climbs.
Quote: SOOPOO
I’ve had a few stocks which started to soar. After a quick double selling half so the rest is a ‘free roll’ might not make pure financial sense but it feels good. I keep selling bits of TSM as it climbs.
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I am jealous, my stocks never soar.
If I have to pick one to throw some money at, it's COIN. I think crypto is around as long as money is and there will always be a need for exchanges so long as capitalism is still a thing. But I think the better money is in tech that serves these and other exchanges.
PORTFOLIO at new ATH. +212%. Virtually everything was up today.
My favorite stock, BAP, now at 255. I’ve had it for decades at a cost basis of 6. Over a 40 bagger. Decent dividend too.
Quote: SOOPOOI do have a (very small) stake in COIN.
PORTFOLIO at new ATH. +212%. Virtually everything was up today.
My favorite stock, BAP, now at 255. I’ve had it for decades at a cost basis of 6. Over a 40 bagger. Decent dividend too.
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After losing 6figures lifetime picking individual stocks, I'm sticking to low cost efts and mutual funds.
Imagine how much more $ I would have now if I invested that 6 figures into s+p500 every few years between 10 and 20yrs ago
Quote: 100xOddsQuote: SOOPOOI do have a (very small) stake in COIN.
PORTFOLIO at new ATH. +212%. Virtually everything was up today.
My favorite stock, BAP, now at 255. I’ve had it for decades at a cost basis of 6. Over a 40 bagger. Decent dividend too.
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After losing 6figures lifetime picking individual stocks, I'm sticking to low cost efts and mutual funds.
Imagine how much more $ I would have now if I invested that 6 figures into s+p500 every few years between 10 and 20yrs ago
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Are you saying that after a lifetime of investing, you are down 100K? Or that poor decisions mean you have 100K less than you think you'd have if you'd invested in an S&P fund? I'm hard-pressed to find reasons to invest in mutual funds these days. ETFs are nimbler and usually cheaper.
As I understand it, all the articles talking about how $10,000 invested in the S&P twenty years ago would be worth $55-$75,000 today assume that you both reinvested the dividends and paid the taxes due out of pocket. Unless your portfolio is all in tax-deferred accounts, that's not how things work in real life.
Quote: billryanQuote: 100xOddsQuote: SOOPOOI do have a (very small) stake in COIN.
PORTFOLIO at new ATH. +212%. Virtually everything was up today.
My favorite stock, BAP, now at 255. I’ve had it for decades at a cost basis of 6. Over a 40 bagger. Decent dividend too.
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After losing 6figures lifetime picking individual stocks, I'm sticking to low cost efts and mutual funds.
Imagine how much more $ I would have now if I invested that 6 figures into s+p500 every few years between 10 and 20yrs ago
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Are you saying that after a lifetime of investing, you are down 100K? Or that poor decisions mean you have 100K less than you think you'd have if you'd invested in an S&P fund? I'm hard-pressed to find reasons to invest in mutual funds these days. ETFs are nimbler and usually cheaper.
As I understand it, all the articles talking about how $10,000 invested in the S&P twenty years ago would be worth $55-$75,000 today assume that you both reinvested the dividends and paid the taxes due out of pocket. Unless your portfolio is all in tax-deferred accounts, that's not how things work in real life.
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Agree on being pro ETF and anti mutual fund. The vast majority of my assets are in tax deferred accounts with virtually no transaction fees so I’m free to do whatever I want. As far as the poster being down $100k, he must be EXTREMELY undiversified. Throwing darts at a stock list it’ would be really difficult to be down ANYTHING over last 20 years with even as few as 20 darts.
Quote: SOOPOOI do have a (very small) stake in COIN.
PORTFOLIO at new ATH. +212%. Virtually everything was up today.
My favorite stock, BAP, now at 255. I’ve had it for decades at a cost basis of 6. Over a 40 bagger. Decent dividend too.
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Now +213%.
Checked another fave. TKO, which started as WWE for me, is now a SIX bagger. Embarrassing to say I’m making bank on pro wrestling and now MMA!
Quote: SOOPOOQuote: SOOPOOI do have a (very small) stake in COIN.
PORTFOLIO at new ATH. +212%. Virtually everything was up today.
My favorite stock, BAP, now at 255. I’ve had it for decades at a cost basis of 6. Over a 40 bagger. Decent dividend too.
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Now +213%.
Checked another fave. TKO, which started as WWE for me, is now a SIX bagger. Embarrassing to say I’m making bank on pro wrestling and now MMA!
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Nothing embarrassing about it. Vince is out of the business. The WWE has long since cleared it's orbit of competitors. Same as the UFC. Make that bank!
Quote: GenoDRPhQuote: SOOPOOQuote: SOOPOOI do have a (very small) stake in COIN.
PORTFOLIO at new ATH. +212%. Virtually everything was up today.
My favorite stock, BAP, now at 255. I’ve had it for decades at a cost basis of 6. Over a 40 bagger. Decent dividend too.
link to original post
Now +213%.
Checked another fave. TKO, which started as WWE for me, is now a SIX bagger. Embarrassing to say I’m making bank on pro wrestling and now MMA!
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Nothing embarrassing about it. Vince is out of the business. The WWE has long since cleared it's orbit of competitors. Same as the UFC. Make that bank!
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I think AEW is a relatively strong competitor. They seem to be on TV a lot, and certainly have some recognizable’big names’ poached from WWE. I never thought of Vince as being bad for the business. He himself was a perfect ‘heel’ to root against.
Any particular pharmaceutical stocks you recommend? I’ll add it/them to the WoV portfolio!
Quote: SOOPOOQuote: GenoDRPhQuote: SOOPOOQuote: SOOPOOI do have a (very small) stake in COIN.
PORTFOLIO at new ATH. +212%. Virtually everything was up today.
My favorite stock, BAP, now at 255. I’ve had it for decades at a cost basis of 6. Over a 40 bagger. Decent dividend too.
link to original post
Now +213%.
Checked another fave. TKO, which started as WWE for me, is now a SIX bagger. Embarrassing to say I’m making bank on pro wrestling and now MMA!
link to original post
Nothing embarrassing about it. Vince is out of the business. The WWE has long since cleared it's orbit of competitors. Same as the UFC. Make that bank!
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I think AEW is a relatively strong competitor. They seem to be on TV a lot, and certainly have some recognizable’big names’ poached from WWE. I never thought of Vince as being bad for the business. He himself was a perfect ‘heel’ to root against.
Any particular pharmaceutical stocks you recommend? I’ll add it/them to the WoV portfolio!
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AEW's revenues last year were $168 million. WWE's were almost $1.4 billion. While AEW is a fun promotion, is on TV, and has bumped up talent pay,Ii don't think WWE is terribly worried. As an on screen talent, Vince made a good personality and a fun heel. His personal baggage became too much for TKO to keep him on or give him any say in running the promotion.
As for stock picks, I don't do individual stocks. That being said, I would recommend to buy or hold a bunch fo the big name established companies, like Merck, Novo Nordisk, Gilead and Amgen. If I were to speculate, I'd buy stocks in companies that make drugs that treat chronic disease, like diabetes, hypertension, HIV, heart failure, etc I;d also look at generic drug companies that make injectable and biosimilars.
Quote: GenoDRPhQuote: SOOPOOQuote: GenoDRPhQuote: SOOPOOQuote: SOOPOOI do have a (very small) stake in COIN.
PORTFOLIO at new ATH. +212%. Virtually everything was up today.
My favorite stock, BAP, now at 255. I’ve had it for decades at a cost basis of 6. Over a 40 bagger. Decent dividend too.
link to original post
Now +213%.
Checked another fave. TKO, which started as WWE for me, is now a SIX bagger. Embarrassing to say I’m making bank on pro wrestling and now MMA!
link to original post
Nothing embarrassing about it. Vince is out of the business. The WWE has long since cleared it's orbit of competitors. Same as the UFC. Make that bank!
link to original post
I think AEW is a relatively strong competitor. They seem to be on TV a lot, and certainly have some recognizable’big names’ poached from WWE. I never thought of Vince as being bad for the business. He himself was a perfect ‘heel’ to root against.
Any particular pharmaceutical stocks you recommend? I’ll add it/them to the WoV portfolio!
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AEW's revenues last year were $168 million. WWE's were almost $1.4 billion. While AEW is a fun promotion, is on TV, and has bumped up talent pay,Ii don't think WWE is terribly worried. As an on screen talent, Vince made a good personality and a fun heel. His personal baggage became too much for TKO to keep him on or give him any say in running the promotion.
As for stock picks, I don't do individual stocks. That being said, I would recommend to buy or hold a bunch fo the big name established companies, like Merck, Novo Nordisk, Gilead and Amgen. If I were to speculate, I'd buy stocks in companies that make drugs that treat chronic disease, like diabetes, hypertension, HIV, heart failure, etc I;d also look at generic drug companies that make injectable and biosimilars.
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Thanks. Already have Gilead and Merck.
New ATH today. +213%. I like posting on the up days. Not so much during the downturns.
Stay the course, closing in on new ATH today. Outperformed yesterday due to GOOG. Up 10%. Silly. That a company that big can have its market value that volatile.
My favorite stock. (Not in WoV portfolio; owned it since before…). BAP. Bought it for silly reason. Nickname of my sister. At the time I was buying stocks in $10k increments. But only bought 600 at $6. Around $265 today. The annual dividend alone is now $11. I like an $11 dividend on a stock I paid $6 for. Too bad I was chicken and didn’t buy my usual $10k….
Since I left Vegas, I've had the coins sitting in a safe deposit box, which was costing almost a hundred dollars a year. The lease is up September 10th, so it's like getting another $100 for the coins. For now, I've put the money in a four-month CD while I try to find some value in this overpriced market.
In 2013, I bought a gold chain at my local police auction. I liked the way it looked and was the sole bidder at the opening $120. I was offered $900 for it yesterday, but I reluctantly passed.
Next up is selling some artwork.
Since I left Vegas, I've had the coins sitting in a safe deposit box, which was costing almost a hundred dollars a year. The lease is up September 10th, so it's like getting another $100 for the coins. For now, I've put the money in a four-month CD while I try to find some value in this overpriced market.
In 2013, I bought a gold chain at my local police auction. I liked the way it looked and was the sole bidder at the opening $120. I was offered $900 for it yesterday, but I reluctantly passed.
Next up is selling some artwork. I keep waiting for Peter Max to die, but at this point he may outlive his fans.
Just checked. New ATH. +214%.
I have very few coins from my childhood. None are valuable, but they are all precious. I enjoyed shopping around and getting a good price. My Executor wouldn't, so I might as well spin my treasures into cash
I’ve been asked how much Nvidia I own. My answer has recently been, ‘sadly, none, except in MFs ETFs. I am now stunned to find out HOW MUCH Nvidia I own! A bunch of my ETFs have around 8-9% in Nvidia. My one MF is around 12% in Nvidia. So probably 2-3 % of my net worth is in Nvidia!
Quote: SOOPOONow +215%. I think was +216% mid day but slight pullback. Just checked. Best stock by % has been META . Which of course was FB when I bought it. Apple close behind.
I’ve been asked how much Nvidia I own. My answer has recently been, ‘sadly, none, except in MFs ETFs. I am now stunned to find out HOW MUCH Nvidia I own! A bunch of my ETFs have around 8-9% in Nvidia. My one MF is around 12% in Nvidia. So probably 2-3 % of my net worth is in Nvidia!
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But when did they add nvidia?
It's a common trick of MF mgrs to pile on a stock AFTER it's on a hot streak to fool people into thinking he does good picks
Quote: billryanI'm seeing that with Crypto. Two years ago, my portfolio had zero, but funds I like have been dabbling and one is going to go up to 5% by year's end. If I didn't want any at $30,000, I certainly don't want any at $125,000 or whatever it is going for.
I think t that is a naive way to think about it. Much could have changed in two years to make it a good investment now. The only time I even considered crypto was when Bitcoin was up to $2400, I was too smart to get involved as clearly I was already too late to the party. How much more could it possibly go up before it crashes?
Quote: DRichQuote: billryanI'm seeing that with Crypto. Two years ago, my portfolio had zero, but funds I like have been dabbling and one is going to go up to 5% by year's end. If I didn't want any at $30,000, I certainly don't want any at $125,000 or whatever it is going for.
I think t that is a naive way to think about it. Much could have changed in two years to make it a good investment now. The only time I even considered crypto was when Bitcoin was up to $2400, I was too smart to get involved as clearly I was already too late to the party. How much more could it possibly go up before it crashes?
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1) I'm more concerned with portfolio protection than expanding it these days. If I invest in something risky, I want a monthly return on it.
2) I've learned its better not to invest in products I don't like or understand.
Everyone has different financial needs and goals. I don't need or want to get involved with crypto. That isn't advice I'd give a young investor looking for growth but I'm looking for income. That a fund I like is putting 5% of my money into something I don't like has me looking elsewhere. What percent would you tolerate?
I've been wrong about it in the past and may continue to be wrong about it in the future; I don't want my money in it.
Quote: billryanQuote: DRichQuote: billryanI'm seeing that with Crypto. Two years ago, my portfolio had zero, but funds I like have been dabbling and one is going to go up to 5% by year's end. If I didn't want any at $30,000, I certainly don't want any at $125,000 or whatever it is going for.
I think t that is a naive way to think about it. Much could have changed in two years to make it a good investment now. The only time I even considered crypto was when Bitcoin was up to $2400, I was too smart to get involved as clearly I was already too late to the party. How much more could it possibly go up before it crashes?
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1) I'm more concerned with portfolio protection than expanding it these days. If I invest in something risky, I want a monthly return on it.
2) I've learned its better not to invest in products I don't like or understand.
Everyone has different financial needs and goals. I don't need or want to get involved with crypto. That isn't advice I'd give a young investor looking for growth but I'm looking for income. That a fund I like is putting 5% of my money into something I don't like has me looking elsewhere. What percent would you tolerate?
I've been wrong about it in the past and may continue to be wrong about it in the future; I don't want my money in it.
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I agree with your investing method. I just disagreed that because something was a bad investment before means that it is still a bad investment.
As far as comment about managers buying Nvidia after its meteoric rise, the ETFs own it based on market cap. Only TWCUX has ‘discretion’ amongst my holdings, and I think a large part of its market beating rise is tied to them owning Nvidia. 12% of TWCUX is in Nvidia.
It's Cape ratio is in the stratosphere.
This is beginning to look like the dot com bubble of 2000.
Time to start selling stocks.
But with interest rates looking to fall later this month, shifting to Bonds isn't appealing.
Where to shift stocks to when interest rates are falling?
1yr T-bills?
Quote: 100xOddsSp500's pe ratio is high.
It's Cape ratio is in the stratosphere.
This is beginning to look like the dot com bubble of 2000.
Time to start selling stocks.
But with interest rates looking to fall later this month, shifting to Bonds isn't appealing.
Where to shift stocks to when interest rates are falling?
1yr T-bills?
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What is your timeline? If you are going to retire in the next two or three years, it might make sense to do a large sell-off, but the most likely scenario is any downturn will be a bump in the road and not a crash that will be talked about a hundred years from now.
CD rates are as high right now as they'll be for the near run. A Multi-year Guaranteed Annuity is an option that pays slightly more than most CDs.
Quote: 100xOddsSp500's pe ratio is high.
It's Cape ratio is in the stratosphere.
This is beginning to look like the dot com bubble of 2000.
Time to start selling stocks.
But with interest rates looking to fall later this month, shifting to Bonds isn't appealing.
Where to shift stocks to when interest rates are falling?
1yr T-bills?
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If you are ‘sure’ interest rates will be falling then you want to buy bonds NOW.
My WoV portfolio was the only one of my 5 to go up on Friday. Why? TESLA. Soared around $50 the last week. Took its PE from a stupid 200 ish to a more stupid 230 ish. I think I’ll sell some and buy BillyRyan’s next recommendation!
Quote: SOOPOOQuote: 100xOddsSp500's pe ratio is high.
It's Cape ratio is in the stratosphere.
This is beginning to look like the dot com bubble of 2000.
Time to start selling stocks.
But with interest rates looking to fall later this month, shifting to Bonds isn't appealing.
Where to shift stocks to when interest rates are falling?
1yr T-bills?
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If you are ‘sure’ interest rates will be falling then you want to buy bonds NOW.
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Wouldn't the expected interest rate cut this week be baked into the bond price already?
Quote: 100xOddsQuote: SOOPOOQuote: 100xOddsSp500's pe ratio is high.
It's Cape ratio is in the stratosphere.
This is beginning to look like the dot com bubble of 2000.
Time to start selling stocks.
But with interest rates looking to fall later this month, shifting to Bonds isn't appealing.
Where to shift stocks to when interest rates are falling?
1yr T-bills?
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If you are ‘sure’ interest rates will be falling then you want to buy bonds NOW.
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Wouldn't the expected interest rate cut this week be baked into the bond price already?
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Probably to some degree. I find the current 4.2% I’m getting a reasonable enough return short term for my ‘scared of the stock market’ money.
Quote: 100xOddsSp500's pe ratio is high.
It's Cape ratio is in the stratosphere.
This is beginning to look like the dot com bubble of 2000.
Time to start selling stocks.
But with interest rates looking to fall later this month, shifting to Bonds isn't appealing.
Where to shift stocks to when interest rates are falling?
1yr T-bills?
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Of course there's always the Bogleheads mantra of stay the course
A roller coaster is exciting, but deciding to get off mid-ride can hurt.
Quote: billryan
A roller coaster is exciting, but deciding to get off mid-ride can hurt.
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I like that thought.
I sold some Tesla at 420 this morning. Looking for a BillyRyan suggestion.
New ATH of +219% as we speak.
I believe the roller coaster quote is attributed to Ric Elderman, but it may also be from Dave Ramsey. It's not an original thought of mine.
Maybe someone will mention an interesting stock play….
I use that acct for fee-free atm withdrawals when I do the walk of shame at the casino. (Rare)
Just moved the $ to sgov at around 4%.
Now I have a 3 month t-bill ladder and Sgov.
Brokerage has margin so I can xfer $ back to checking when the market is closed to get $.
Sell Sgov to cover the margin and will execute when the market opens
Quote: billryanI made my first real trade in a while, selling 85% of my QYLD and buying an equal amount of QQQI. Now that I've determined how much income I need each month, I can trade some excess income for growrh.
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Sounds like a good plan. I did buy QYLD, RYLD, and whatever the letters are for the SP500 YLD a bit ago. The price is down a bunch, but not sure if it’s ‘up’ if you include the big dividends. I really don’t do the calculations on my tax deferred accounts.
Just hit up 222% today. TWCUX continues to outpace the S and P 500 and Nasdaq as well.
Quote: 100xOddsJust discovered that Schwab checking lowered interest rates from .45% to .05%. Grrrr...
I use that acct for fee-free atm withdrawals when I do the walk of shame at the casino. (Rare)
Just moved the $ to sgov at around 4%.
Now I have a 3 month t-bill ladder and Sgov.
Brokerage has margin so I can xfer $ back to checking when the market is closed to get $.
Sell Sgov to cover the margin and will execute when the market opens
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Read that 1/2 of schwab's profits come from floating customer's $. :o
Thinking of breaking my 3month tbill ladder and moving the $ to sgov.
F schwab and floating 1week of my $ at every tbill maturity (3months).
That's a total of 1 month per yr paying me .05%
Quote: 100xOddsQuote: 100xOddsJust discovered that Schwab checking lowered interest rates from .45% to .05%. Grrrr...
I use that acct for fee-free atm withdrawals when I do the walk of shame at the casino. (Rare)
Just moved the $ to sgov at around 4%.
Now I have a 3 month t-bill ladder and Sgov.
Brokerage has margin so I can xfer $ back to checking when the market is closed to get $.
Sell Sgov to cover the margin and will execute when the market opens
link to original post
Read that 1/2 of schwab's profits come from floating customer's $. :o
Thinking of breaking my 3month tbill ladder and moving the $ to sgov.
F schwab and floating 1week of my $ at every tbill maturity (3months).
That's a total of 1 month per yr paying me .05%
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Out of curiousity, have you run the actual numbers and seen the fruits of that labor?
Quote: billryanQuote: 100xOddsQuote: 100xOddsJust discovered that Schwab checking lowered interest rates from .45% to .05%. Grrrr...
I use that acct for fee-free atm withdrawals when I do the walk of shame at the casino. (Rare)
Just moved the $ to sgov at around 4%.
Now I have a 3 month t-bill ladder and Sgov.
Brokerage has margin so I can xfer $ back to checking when the market is closed to get $.
Sell Sgov to cover the margin and will execute when the market opens
link to original post
Read that 1/2 of schwab's profits come from floating customer's $. :o
Thinking of breaking my 3month tbill ladder and moving the $ to sgov.
F schwab and floating 1week of my $ at every tbill maturity (3months).
That's a total of 1 month per yr paying me .05%
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Out of curiousity, have you run the actual numbers and seen the fruits of that labor?
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What #s?
3month tbill ladder vs sgov (and it's small expense ratio)?
Fascinated by AIPI. Bought some a bit ago. And more a few days ago. It’s paying a 38% dividend?!? I am wondering if its plan is to ‘deteriorate’ its stock price as 38% can’t be sustainable? For me, it’s in a non taxable account, so no issues. But if in a taxable account you’d be getting instant taxable income (which is taxed at highest rate) and accumulating capital losses (which offset capital gains which are taxed at a lower rate).
I don’t get it.
I purchased 1,000 shares of stock in three separate transactions. The last two were purchased at high prices, and the stock has declined roughly ten percent since I bought most of it at its all-time high. It's currently selling for $42 and some cents, and I'm down $4932. However, I've recieved over $16,000 in monthly payouts. The worst month yielded $1.09 per share, and the best was around $1.50.
My only sources of income are my Social Security and dividends/monthy ROIs., so I'm in a lower tax bracket. As I'm not a registered charity, none of my work with the homeless is deductible- in case anyone is wondering.
Is it sustainable? Who knows. I figure I'll stick with it for at least another 10K in loss if it keeps returning $16K a year. At this rate, I'll recoup my investment in two years. The money I put into it came from a bridge loan fund run by a friend who always paid on time but gave me the impression things weren't all rosy.. It paid 15-18% but he'd give a one-sheet quarterly report that was a joke.
If you are a high-income individual, this might not be the best investment for you. I suggest discussing taxes with your accountant if that is a concern.
I just bought some cryptocurrency, and one of my purchases was 100 shares of AIPI's brother fund, CEPI.
Quote: billryanI'll explain my thinking, but my situation is different from yours and others', and none of this is being offered as advice.
I purchased 1,000 shares of stock in three separate transactions. The last two were purchased at high prices, and the stock has declined roughly ten percent since I bought most of it at its all-time high. It's currently selling for $42 and some cents, and I'm down $4932. However, I've recieved over $16,000 in monthly payouts. The worst month yielded $1.09 per share, and the best was around $1.50.
My only sources of income are my Social Security and dividends/monthy ROIs., so I'm in a lower tax bracket. As I'm not a registered charity, none of my work with the homeless is deductible- in case anyone is wondering.
Is it sustainable? Who knows. I figure I'll stick with it for at least another 10K in loss if it keeps returning $16K a year. At this rate, I'll recoup my investment in two years. The money I put into it came from a bridge loan fund run by a friend who always paid on time but gave me the impression things weren't all rosy.. It paid 15-18% but he'd give a one-sheet quarterly report that was a joke.
If you are a high-income individual, this might not be the best investment for you. I suggest discussing taxes with your accountant if that is a concern.
I just bought some cryptocurrency, and one of my purchases was 100 shares of AIPI's brother fund, CEPI.
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Thanks for your perspective. I have no tax consequences as it’s in a tax sheltered account. I will start accumulating more AIPI ( and also CEPI) as long as my MMF pays less than 4%. That’s my psychological breaking point. It’s at 3.97% on last check. I’m the most diversified guy you know! I’ll be happy if it does well but will lose no sleep if it doesn’t!
