11/26/2025 Oh We Rollin’ Baby!

This topic has 2 replies, 2 voices, and was last updated 2 days, 4 hours ago by BigBalls.

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- November 26, 2025 at 6:28 pm #5214
  
  BigBalls
  Participant
  
  Four straight winning days. Boom.
  Tech stops leading the way. You see why I have a hard time divesting from tech stock? Money hand over fist. I gotta keep reminding myself of 2008 when I was heavy with financial stocks. I’m in a different place today with 70% of my assets in SoCal real estate, low leverage, generous cash flows and cheap mortgages. It would take a 40%+ crash in real estate values and rents to hurt me. 2026 I have to sell some tech stocks and reduce exposure.
  
  Stock market baking in another Fed rate cut. Fed’s Beige Book comes out today and will give us some hints about how the economy is doing. I don’t think it’s going well, but with no data it’s just a gut feeling based on the trends before the information blackout.
  
  https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-jump-as-wall-street-eyes-4th-straight-win-before-thanksgiving-180742437.html
- November 27, 2025 at 10:08 pm #5297
  
  Java
  Keymaster
  
  I got out of Psec and took my 750k loss. Got out of chpt. Took my 250k loss. Sold about a half mil of Verizon at no gain or loss. Trying to accumulate cash for this building since my other one hasn’t sold. The million dollar loss will reduce my cap gains for the year down to 1.25 million. Should help w taxes.
  
  might dump kinder Morgan and BP for about a half million each. Held them for a decade and only gains have been dividends. Again trying to pile up $ for that building. Need 4.4 mil to avoid 6% mortgage on the balance. I’m up to about 3.3 million each now.
  
  tqqq got up to about 118 then slipped all the way to 98. I’m thinking of taking 1.1 million 10,000 shares off the table at $110 if it gets back there. It actually split. So $55. I’m figuring I paid basically $16.50 and $55 would be a lot of gain. Probably should take some. Then I’m gonna sell even more if it hits $60 ($120). Which would be another 20,000 shares. Much as it’s fun to BBq grocery stick? This is a lot of gain. Lot of money to have in a volatile stock. So if it gets to those levels I need to get at least a fair % out.
  
  I keep telling myself this. Hope I can do it. Greed definitely affects ya.
  
  still making money on Carvana shorts. Just 5k a week. Not 70 or 80k. Kinda weird to go back to picking up nickels off the floor and not $100 bills
  - November 28, 2025 at 5:27 pm #5308
    BigBalls
    Participant
    Yeah, it’s the time of the year to start harvesting some losses to help with taxes in April. I’m trying not to sell anything this month that will trigger a tax liability. I see the benefit of avoiding a 6% mortgage, the rate might be closer to 7% on a commercial building but man I hate to see that much money sunk into a property instead of putting to work in an investment. The interest on a mortgage is fully tax deductible, that could be a plus. I have a few investment properties that are paid off and it tortures me to know I could have borrowed a few mill at 2-3% rates. I could have bought $3mill of delinquent mortgages for about $1.3 mill. Conservative estimate of 25% returns. Oh well.
    
    2025 is looking like another great year for investors. April trade wars booshet screwed us but then we bounced back. Even with the April disaster I’m looking to have 20%+ returns on my portfolio. Im good. You must be over that. My office buddy is at 38% for the year. But he’s a Jew so he gets the secret emails with stock tips and the secret handshakes and winks.
    
    This reply was modified 2 days, 4 hours ago by BigBalls.
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