Search results

  1. J

    Opinion on Las Vegas after being there a week

    I went a couple months ago, it was definitely a lot more ghetto crowd than it was 10-20yrs ago. Also hotels were packed with prostitutes, they were literally everywhere and this was at the higher end ones too. Had a good time though, if you are willing to spend some money you can have a lot fun...
  2. J

    Jobs/Careers that pay good money with minimum hours

    Best chance of achieving this long term is starting a business then building it out over time to suit your lifestyle. Will be a lot of work on the front end though to do this, especially if you do not have a lot of capital. Other way is doing some sort of highly specialized work where there is a...
  3. J

    Those in the 35% Tax Bracket, how do you Value Relationships?

    Not sure that is where you make the most money but is typically where you make that next jump in income and net worth. Your 20's is about paying your dues, getting experience and climbing in whatever field you are in. For people who prepared, that is typically where it all starts to come...
  4. J

    Those in the 35% Tax Bracket, how do you Value Relationships?

    Agree, if I had to do it all over again I would have invested and bought assets at much higher rate in my 20's. I would of also started a business and left the corporate world much earlier then when I did at 30. I really didn't do anything besides my 401k during that time. I blew a lot money on...
  5. J

    What would you do if you won $100,000?

    One last thing, there are a million variables and different parameters that can be used to manipulate data to get the outcome you want. The people creating these reports also directly benefit from having assets under control for the greatest amount of time. If you would really like to see some...
  6. J

    What would you do if you won $100,000?

    What are you talking about, I literally just showed you how it worked out the past year. In a falling market, you will have a better return and more shares not buying lump sum at the peak. Not saying all times this should be done but we are at some pretty pivotal points with the economy, if your...
  7. J

    What would you do if you won $100,000?

    Telling someone to just go all in on anything right now is irresponsible. I don't think there is a successful investor alive who would say not to enter positions cautiously and slowly right now. I get why a financial advisor would say this or be trained to be, an increase in your AUM and also...
  8. J

    What would you do if you won $100,000?

    That wasn't the point. You said you get a better return buying a peak lump sum than spreading buys out in a falling market as well as you would have less shares. This is not true.
  9. J

    What would you do if you won $100,000?

    This is actually a little scary then lol Yes, most people can not time the market, I agree with that. You don't get a better return buying at higher price though. I have a degree in econ, worked and an investment management firm through my 20's. I have also made a lot of money investing
  10. J

    What would you do if you won $100,000?

    Here you go dude, first one is 10k a month the past year, 120k total. Second one, is lump sum 120k last November. Dollar cost average you have a better return and more shares. Stock AAPL Initial Investment $10,000.00 Recurring Monthly Investment $10,000.00 Initial # Shares 60.847 #...
  11. J

    What would you do if you won $100,000?

    If the price is lower and you are putting in the same amount of cash, you will have more shares if the cash amount is the same
  12. J

    What would you do if you won $100,000?

    Right, if you have a market in a downtrend for 1-2yrs. Breaking up those buys through that cycle down will outperform buying the peak. Your average cost basis will be lower
  13. J

    What would you do if you won $100,000?

    For the most part this is true, but there are periods in history where stocks did not reclaim their highs for 10yrs plus. In 1929, it took 25ys. Can't say that will happen for sure but I would personally take that in consideration and think there will be a lot of opportunities if you have cash...
  14. J

    What would you do if you won $100,000?

    With what parameters? That does not apply to every period of time and there are a lot of variables. For example, going all in at the peak of the market a year ago wouldn't out perform scaling in over the past year.
  15. J

    What would you do if you won $100,000?

    Most financial advisors are just salesman looking to get their percentage fee. There are some good ones but most really are not that great. That fee compounded over a lifetime becomes a substantial amount of your return. With low cost index funds and ETF's you can really replicate what most do...
  16. J

    Crypto trading

    Long term I strongly believe it will, in the short term anything could happen with price, a lot of outside variables. BTC carries considerably less risk than Eth in my opinion. BTC is for the most part a finished product on the base layer and does not have any competitors. ETH is constantly...
  17. J

    Crypto trading

    In size, FTX has to be one of the largest fraud/scams ever. A lot of connections coming out, with his political connections so quickly has to be some kind of plant.
  18. J

    Where are the bitcoin lovers now?

    Bitcoin and the rest of crypto are for the most part completely different in the properties they have. Bitcoin by far has the strongest properties in decentralization, security and liquidity. 99% of crypto is a best a very high risk tech bet but majority are just a cash grab/scam
  19. J

    Where are the bitcoin lovers now?

    Take it off an exchange then or buy it peer to peer through Local Bitcoins. You have options if that is your concern, just don't be lazy and do it that way
  20. J

    Where are the bitcoin lovers now?

    Do not know for sure but imagine that is a security feature. The qualities of crypto that make it powerful for the individual also make it easier to steal. If a hacker gets into your exchange account and send to their wallet, there is no clawing it back. Not all places require that but some...
Top