I'm in Canada. I buy VEQT.
Ask HN: How do you invest your money?
11–20 of 28 posts
Re: Ask HN: How do you invest your money?
#12TSLA/AAPL and options. Seriously get in TSLA. It's going to double by March, probably earlier. I could buy ETFs and do the boglehead/lazy portfolio but the returns are minimal compared to picking market leaders. Also you need to be making serious money for those to be valuable or live a frugal life and then spend when you are dead.
We could have said this about XOM a couple years ago. Look where it is now.
Re: Ask HN: How do you invest your money?
#13Earlier quoted context omitted.
Let’s agree a stake. If TSLA has doubled by the 1st of a March this year I will give you 2x, if it doesn’t, you have to me 10x. Deal?
And why would I give you 10x if the market is giving me 100x? You should be giving me odds actually because I'm actually taking a bigger bet. Anyways when it cracks $440 on Monday and I get my new options, I will do 100% on those meaning it should be about $500 a share by Friday. Also if what I said was so preposterous you should have said, I will give you 10x your return if that happens and give me a 2x if it doesn'…
Well you’ve stated it as an absolute, so it must be sure thing right?
Re: Ask HN: How do you invest your money?
#14TSLA/AAPL and options. Seriously get in TSLA. It's going to double by March, probably earlier. I could buy ETFs and do the boglehead/lazy portfolio but the returns are minimal compared to picking market leaders. Also you need to be making serious money for those to be valuable or live a frugal life and then spend when you are dead.
We could have said this about XOM a couple years ago. Look where it is now.
Who is we? I wouldn't have said it. I would have and was saying the same about AAPL though.
This is where skill really matters.
Re: Ask HN: How do you invest your money?
#15My portfolio is split 50-50: I have $2M in common Vanguard index funds (VTI/VXUS/BND), and $2M in private illiquid equity from a startup I worked for in the past, via options I exercised. Every now and then someone contacts me interested in buying some shares of that company, which I promptly sell and immediately buy index funds with the proceeds. I liquidated about $1M of those shares already, I wish I could sell th…
How did you go about selling the shares? Did you go thru a 3rd party?
Re: Ask HN: How do you invest your money?
#16TSLA/AAPL and options. Seriously get in TSLA. It's going to double by March, probably earlier. I could buy ETFs and do the boglehead/lazy portfolio but the returns are minimal compared to picking market leaders. Also you need to be making serious money for those to be valuable or live a frugal life and then spend when you are dead.
Let’s agree a stake. If TSLA has doubled by the 1st of a March this year I will give you 2x, if it doesn’t, you have to me 10x. Deal?
I don’t understand why people do side bets when it comes to stocks. If you really believe in what you think, go sell some calls expiring in March instead.
Re: Ask HN: How do you invest your money?
#17Earlier quoted context omitted.
And why would I give you 10x if the market is giving me 100x? You should be giving me odds actually because I'm actually taking a bigger bet. Anyways when it cracks $440 on Monday and I get my new options, I will do 100% on those meaning it should be about $500 a share by Friday. Also if what I said was so preposterous you should have said, I will give you 10x your return if that happens and give me a 2x if it doesn'…
Well you’ve stated it as an absolute, so it must be sure thing right?
There are no guarantees in the market. If there was I'd be a billionaire right now.
You can place it in an lazy/bogleheads portfolio if you want to reduce risk and even that is not guaranteed.
The only difference between what I said and an ETF is $TSLA will turn $100,000 into $1M in a decade but the ETF will only turn $100,000 into $400,000 in that same time frame (if the SPY continues its 10-year returns.)
Re: Ask HN: How do you invest your money?
#18Earlier quoted context omitted.
Let’s agree a stake. If TSLA has doubled by the 1st of a March this year I will give you 2x, if it doesn’t, you have to me 10x. Deal?
I don’t understand why people do side bets when it comes to stocks. If you really believe in what you think, go sell some calls expiring in March instead.
Well since I am one of if not the best full-time options trader I already do that. I also buy calls for better returns and unlimited upside.
Play: When TSLA gets over $440, I'm grabbing weekly $450s and looking for $500 targets.
Re: Ask HN: How do you invest your money?
#19My portfolio is split 50-50: I have $2M in common Vanguard index funds (VTI/VXUS/BND), and $2M in private illiquid equity from a startup I worked for in the past, via options I exercised. Every now and then someone contacts me interested in buying some shares of that company, which I promptly sell and immediately buy index funds with the proceeds. I liquidated about $1M of those shares already, I wish I could sell th…
How did you go about selling the shares? Did you go thru a 3rd party?
It’s been mostly professional investors reaching out to buy a portion of the shares.
Re: Ask HN: How do you invest your money?
#20Earlier quoted context omitted.
I don’t understand why people do side bets when it comes to stocks. If you really believe in what you think, go sell some calls expiring in March instead.
Well since I am one of if not the best full-time options trader I already do that. I also buy calls for better returns and unlimited upside. Play: When TSLA gets over $440, I'm grabbing weekly $450s and looking for $500 targets.
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