I don't know enough to have an opinion but I do personally believe that pretty much anything Keith Rabois gets involved with does very well. See PayPal, LinkedIn, Square, and now OpenDoor.Originally Posted by Bretsky
I don't know enough to have an opinion but I do personally believe that pretty much anything Keith Rabois gets involved with does very well. See PayPal, LinkedIn, Square, and now OpenDoor.
I personally am staying away from banks, lenders, builders basically anything in housing. We are in another MASSIVE bubble. I have clients offering 50k over a 350k listing price and not getting houses. I saw this in 2007-8 before the crash. Bidens anti US policies, increased reliance on government programs, insane "stimulus" packages and a fauxdemic are going to hit the economy soon. Wait until until tax cuts are gone.
Swede: My expertise in this area is extensive. The essential difference between a "battleship" and an "aircraft carrier" is that an aircraft carrier requires five direct hits to sink, but it takes only four direct hits to sink a battleship.
I am kinda tempted to get out of the market and go back to cash with a nice chunk of money. My investment account has gone up from like ~175 to 450 the past couple years. On the other hand, if stonks are priced so high because the dollar is so shitty, it doesn't make sense to go back to cash right now.
I hedge with physical metals. My cash accounts are pretty insane right now because the wife and I want to load up on townhouses when the market crashes so we can get more rentals at a cheaper price.
Swede: My expertise in this area is extensive. The essential difference between a "battleship" and an "aircraft carrier" is that an aircraft carrier requires five direct hits to sink, but it takes only four direct hits to sink a battleship.
How do you manage the townhouses? Kinda wondering if buying something like that would be a good idea for me.
My wife does it, she has a primary job as a National Account Manager for a Chinese company and her old VP owns 4-500 apartment units in like 40 buildings (I never get this number right) so she does his books as a side gig because she doesn't trust anyone else to not rip him offSo she takes care of the money side of the rentals and I take care of the upkeep and repairs. Like today I had a dishwasher put in. We are planning on having a minimum of 20 paid off when we retire so we have another stream of retirement income. It really is not that hard unless you work like 60 hour weeks then you have to pay a management company which eats your profits. I love the rentals for the tax write offs.
If SSI is still around that will be just bar money
Swede: My expertise in this area is extensive. The essential difference between a "battleship" and an "aircraft carrier" is that an aircraft carrier requires five direct hits to sink, but it takes only four direct hits to sink a battleship.
And here I was happy my bud stock is almost back to the amount I started with.
Did you buy Aurora?
Swede: My expertise in this area is extensive. The essential difference between a "battleship" and an "aircraft carrier" is that an aircraft carrier requires five direct hits to sink, but it takes only four direct hits to sink a battleship.
APHA, CGC, CRON, NBEV and TLRY. Had them for about 3 years.
You'll make some nice bucks; I recently bought APHA around 12; I have been considering CRON. I wish I bought CGC in the mid 20s when I was eyeing it up. They're coming out with a good tasting drink laced with the fun stuff. TLRY and APHA merger will create a beast IMO
LIFE IS ABOUT CHAMPIONSHIPS; I JUST REALIZED THIS. The MILWAUKEE BUCKS have won the same number of championships over the past 50 years as the Green Bay Packers. Ten years from now, who will have more championships, and who will be the fart in the wind ?
Bitcoin. What the holy fuck? I'll take the insane increase but man its so hard to hang onto now. Another super skeptical friend bailed at the new year and is kicking himself...just a little though as he has a fuck ton of cash/assets already. Such a crazy time (scary).
C.H.U.D.
Made $12k so far so I sold one coin and bought more CCIV to cash in on the Lucid going public.
Swede: My expertise in this area is extensive. The essential difference between a "battleship" and an "aircraft carrier" is that an aircraft carrier requires five direct hits to sink, but it takes only four direct hits to sink a battleship.
Also sold some NIO for Ebang, its a Chinese Company that sells bitcoin mining machines, the are also going to open their own exchange. I am having an awesome time with this market. Im up 160% the last 12 months
Swede: My expertise in this area is extensive. The essential difference between a "battleship" and an "aircraft carrier" is that an aircraft carrier requires five direct hits to sink, but it takes only four direct hits to sink a battleship.
Yeah for real, it is insane how much money I have made in the past year. I feel like I am loaded when I know it's gonna come crashing down and I'm not
Agreed. It's my fun money so it doesn't affect my real life but it would be nice to really hit on one or two and get the side hustle to $120k so I can pay for my kids school in full.
Swede: My expertise in this area is extensive. The essential difference between a "battleship" and an "aircraft carrier" is that an aircraft carrier requires five direct hits to sink, but it takes only four direct hits to sink a battleship.
My Churchill is doing great NIO is getting crushedlol hoping for a merger announcement tomorrow, should be a huge upswing.
Swede: My expertise in this area is extensive. The essential difference between a "battleship" and an "aircraft carrier" is that an aircraft carrier requires five direct hits to sink, but it takes only four direct hits to sink a battleship.
wow, 33% loss ouch.
Swede: My expertise in this area is extensive. The essential difference between a "battleship" and an "aircraft carrier" is that an aircraft carrier requires five direct hits to sink, but it takes only four direct hits to sink a battleship.
I wish this was my fun money account. This was my invest 35K in 2011 account that has peaked at nearly 500K. Fuckin' A I hate losing money in this bitch. I still predominantly own blue bloods like AMZN and AAPL so it will be fine since those businesses are so strong.
I use the professional on the actual retirement money, I want to get this to $100k by 2028 so I can pay for my kids full school and then give him his college IRA we have so he can pay for med school.
Swede: My expertise in this area is extensive. The essential difference between a "battleship" and an "aircraft carrier" is that an aircraft carrier requires five direct hits to sink, but it takes only four direct hits to sink a battleship.
Here’s a fun game that had us drinking copiously today: how many stimulus checks did you buy this year? For us it was about 160. The return was pretty fucking terrible. Keep it honest... straight federal only.
"You're all very smart, and I'm very dumb." - Partial
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