Home Forums Wealth Is 257% return in 6 months good?

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    • #2540
      Java
      Keymaster

      I’m just asking because on April 9, I was told I was a moron. You were all reminded about how smart grocery stick is. And that day TQQQ dropped dramatically. It eventually got down to 38 or $39. And I told everyone to buy as it slid under 50 or $55  I doubt most of you did, but meanwhile, our favorite Warren Buffett aficionado was celebrating his position in Gold and couldn’t wait to touch Down dance as TQQQ eventually slid further.

      the key number was 41.09.  This was the price that TQQQ was at when I said you better go all in and bye. And I will bet you grocery stick any amount of money as you are celebrating your victory here that this stock will beat anything you have. In this particular case Gold.

      I backed it up by buying TQQQ at I believe $43

       

      today it is at $105.79. it is not quite six months yet. That will be next Thursday. So we are actually a week shy.   my biggest problem now is how much to sell how much to get out and how many taxes I’m going to be liable for.  When is too soon?   Or should I just stay in and if it goes down it goes down?   Tough life to figure out what to do when you win so much

      meanwhile someone is still sitting on his gold.  Just like Warren Buffett told him not to. But as usual, no means yes and yes means no in his world. I was tracking Gold at one point, but it always seemed to be up between six and 9% so I didn’t bother because I knew that 60% was more than nine and then I knew that 110% was more than nine and I’m pretty sure that 257% is Much higher than wherever gold rose to

      see I told you so Dana point does not have the same ring to it as see I told you so San Clemente, but for this week it will have to do

       

      game.  Set match.  All the way to the bank

    • #2593
      BigBalls
      Participant

      Too bad we lost that thread. It was pretty funny. One of your more raucous and fulminant wins.

      That was a pretty incredible sequence of events in April. Trump announces “Liberation Day” tariffs, markets say “ the fuck you are “ and flex their muscle. Tariffs paused almost immediately, markets roar back. Epic. We were so close to the Bond market collapsing. That win gave the markets the boost we are still enjoying to this day. The Street wins.

      The playbook:

      April 2, 2025: President Trump announced a 10% baseline tariff on imports from most countries, with rates set to increase later.
      April 2–3, 2025: Global markets experienced sharp declines. In the U.S., major indices like the S&P 500 and Nasdaq Composite saw significant drops.
      April 9, 2025: President Trump announced a 90-day pause on reciprocal tariffs for most countries, but not China. This led to a significant market surge.

       

      • This reply was modified 1 month, 2 weeks ago by BigBalls.
      • #2616
        Java
        Keymaster

        And on April 9 I jump in and tell everyone to follow me.  $250k. Which is now worth $630k or so.  Which I had put more in

         

        my problem now is I sold calls at $102 and the market is $107 so I need a quick war or a terroristbattack or maybe Trump to do something stupid again just for a little bit.  Long enough to get under than $102 or maybe long enough for me to get out and rewrite it higher   Same problem with bidu and I two now that everyone and his brother thinks saving Intel is a good idea

      • #2629
        BigBalls
        Participant

        Well, no jobs report or inflation reports since the government shutdown is in full force. No news to move the needle there. Market is nice and frothy with a rally in full effect and investor enthusiasm in full force. Sounds like a set up for a nice fall, doesn’t it?

        A terrorist attack is about to happen….on the taxpayer wallet that is. $10billion dollar bail out for farmers is going to happen. Those dumb bastids are getting screwed by the very same thing Trump said he would  do if elected. Trade wars are crushing exports and sending commodities buyers to other countries . Farmers are crying like PDiddy asking for a pardon. Socialism bailout to the rescue. No use  hiding your wallet. They will find it.

        Tesla makes me happy one day and then lets me down the next day. Kinda like my wife and/or kids. Joy then sadness. My portfolio is still rocking even as I wring my hands at how much tech stocks I have ( too many). TSLA hits $500 p/s and I’m selling about 15% of my stock. I would sell more but that’s already close to a million bucks. My silent partner, Uncle Sam : “ Sell, Sell, Sell, Let’s Sell Ballss, Do It! ”.

        I should have listened to you in April.

         

        • This reply was modified 1 month, 2 weeks ago by BigBalls.
        • This reply was modified 1 month, 2 weeks ago by BigBalls.
        • This reply was modified 1 month, 2 weeks ago by BigBalls.
      • #2672
        Java
        Keymaster

        Well Market took a dump today.  But I already had to throw that forward to 11/21  Too bad I didn’t have the patience to go all the way to 1 pm with it.  Oh well, now I have to wait another 6 weeks.  But at least I got $112 and today it sunk to about $98.  So if it stays below $112 for awhile I am good  And I’ll never ever ever play that game again.  Until the next sure thing comes along.  Speaking of which, $2 million in the cash account.  Just doing this over and over.  I think my CPA is going to think I am running drugs.  I wonder why my kids isn’t my CPA?

        Oh yeah, he’s an “auditor”  I guess i paid for 4-5 years of school so he could be a snooty CPA

         

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