Is 257% return in 6 months good?

[Java]

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

[BigBalls]

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 day, 4 hours ago by BigBalls.

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