#61
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NKLA is long as i said, i only bought a small amount at that price, as it entered 20s i bought more
when it hit 18 i bought another 10k worth I have a total value of 25k position and i will make money on it i promise. Also No one ( Including myself ) Knew the depths of the fraud trevor did regarding the trucks, it was all kept secret No one could have known that except them. Also NKLA is an important company like HYLN we need them I would also like to add gwaihir has no money | ||
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#63
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Put 50k down deposit, and another 60k for renovations into a new investment property.
110k in the sink on this baby, hopefully in 10-15 years I will reap the rewards as a tenant will pay a chunk off the mortgage off, and the suburb has 3-5% gains per year. Time to regen more investment funds and get another one in a year or so. This one is going to push mine and my partner's passive rental income to 60k per year before tax and all that, hoping the next one will get us to 100k, then when she gets pregnant she won't have to pay high taxes on her half while she raises the bub as it will be her only source of income - It's called planning ahead. Right now our income tax is high because of the double income and then rental returns been added on top. The tax man doesn't miss you that's for sure. | ||
Last edited by White_knight; 11-11-2020 at 06:56 PM..
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#64
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On side note, started this week with 'stocks' aka ETFs since the return on savings is shit due to low cash rate.
Never ever thought I would do anything with stocks, always looked to highrisk and just a form of gambling - however have setup an automatically debt of 240$ month into ETFs till I can figure out and learn more about stock trading along the way. Figured a year or two of 240$ month into ETFs could net a bit of a return I can keep rolling on till I get big boy pants on and then pull the EFTS and put it directly into stocks. | ||
Last edited by White_knight; 11-11-2020 at 06:58 PM..
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#65
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the safest play, and one that's actually somewhat hard to beat with playing specific stocks, is SPY etf.
A large majority of investors don't outperform simply buying SPY only and just sitting on it despite the highs and lows. you generally don't want to buy it when its pushing a high. Buy on the 5-7% retraces which happen 4 to 6 times a year; plenty of opportunity to get it with low risk. | ||
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#66
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Yea most renters are absolutely terrible and the only people renting cant sell outright
Renters are losers 100% | ||
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#67
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#68
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i see 2 ugly guys who get 0 pussy talking, i tried skipping forward but they are still talking about nothing
can you TLDR it for us? Also since this is the investment thread get ready for -40% Economy across the board if we shut down again, hope you have money to insert like i do ready to fucking go | ||
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#69
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i think i'm gonna liquidate even tho i just lost a shit load of money on baba goddamn it
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#70
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Yesterday I closed my position on NkLa and parlayed that into 3x sold puts for April at 20$ strike
Today's surge decayed 250$ of the 1500 in premiums so I closed those positions today. I'm up 25% from both plays. | ||
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