Earlier 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.
Ask HN: How do you invest your money?
21–28 of 28 posts
Re: Ask HN: How do you invest your money?
#22Earlier 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.
Re: Ask HN: How do you invest your money?
#23Earlier quoted context omitted.
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.
Index funds have allowed me to not have to save for retirement anymore (have enough based on FV calc), and yes buying the FAANG stocks 6 years ago would have yielded much larger returns, but could also have yielded losses if they went the way of Exxon.
Re: Ask HN: How do you invest your money?
#24Earlier quoted context omitted.
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 $500 targets.
Anyway of seeing a live stream of your trades? Genuinely interested
Re: Ask HN: How do you invest your money?
#25Earlier quoted context omitted.
Who is we? I wouldn't have said it. I would have and was saying the same about AAPL though. This is where skill really matters.
Much of the population who invests in index funds. Look at this article from 2013, look at AAPL and XOM performance then, https://www.forbes.com/sites/dividendchannel/2013/01/25/exxo... Index funds have allowed me to not have to save for retirement anymore (have enough based on FV calc), and yes buying the FAANG stocks 6 years ago would have yielded much larger returns, but could also have yielded losses if they went…
However adding some money into the market leaders would be a wise idea IMO. I.e. TSLA and AAPL. Since you are in the ETF ($SPY) for now then you are already invested in AAPL as it's the largest portion of it so adding TSLA which is going to be $5,000 in a decade would be wise.
Re: Ask HN: How do you invest your money?
#26Just index funds for now. ~70% in some Vanguard world index fund and ~30% in bonds. But I'm planning on doing some research on some microcaps as well. For individual investors with sub-$1M portfolios microcaps are one of the few places where we can seek alpha.
Out of curiosity, how soon do you plan on retiring and and how much longer do you plan on living? Everyone has different allocations, but I rarely see people talk about having 30% in bonds. Have you been increasing bond allocation over time or just sticking to a 70/30 lazy portfolio?
Is 30% too much or too little from your experience? I can understand people preferring stocks at the moment because bond yields are so low. But that won't be the case forever :)
Re: Ask HN: How do you invest your money?
#27Earlier quoted context omitted.
Out of curiosity, how soon do you plan on retiring and and how much longer do you plan on living? Everyone has different allocations, but I rarely see people talk about having 30% in bonds. Have you been increasing bond allocation over time or just sticking to a 70/30 lazy portfolio?
I'm 29, following the rule of thumb where you have (your age)% in bonds and (100 - your age)% in stocks. Is 30% too much or too little from your experience? I can understand people preferring stocks at the moment because bond yields are so low. But that won't be the case forever :)
I probably need to rebalance my money, but I'm a similar age (normal health) and I shoot for 10-15% and that's on the higher end of the people I discuss my finances with.
Re: Ask HN: How do you invest your money?
#28This made me quit my job without any other offer. I got hike of 35% during peak lockdown of Corona. Money in bank account is just numbers. Invest in yourself and learning.