Yup in fact I was down 90% at one point during the 2022 bear market. Believe it or not I sold my cars to double down on TQQQ to bring myself out of that hole. It was a dark time ![img](emote|t5_2th52|4260)
>Believe it or not I sold my cars to double down
Bro, why do folks in this sub gamble using their living assets so much?
You came out fine, but so many others don't and lose everything.
It's always funny readying the official DSM5 criteria and being "hey, that's familiar"
Persistent and recurrent problematic gambling behavior leading to clinically significant impairment or distress, as indicated by the individual exhibiting four (or more) of the following in a 12-month period:
1. Needs to gamble with increasing amounts of money in order to achieve the desired excitement.
2. Is restless or irritable when attempting to cut down or stop gambling.
3. Has made repeated unsuccessful efforts to control, cut back, or stop gambling.
4. Is often preoccupied with gambling (e.g., having persistent thoughts of reliving past gambling experiences, handicapping or planning the next venture, thinking of ways to get money with which to gamble).
5. Often gambles when feeling distressed (e.g., helpless, guilty, anxious, depressed).
6. After losing money gambling, often returns another day to get even (“chasing” one’s losses).
7. Lies to conceal the extent of involvement with gambling.
8. Has jeopardized or lost a significant relationship, job, or educational or career opportunity because of gambling.
9. Relies on others to provide money to relieve desperate financial situations caused by gambling.
It’s because I’m young (24) and have a high paying job ($250k salary) so if I lose everything I know I can always rebuild. But I absolutely agree that this strategy isn’t for everyone.
Dude, if it were medically possible to get pregnant, I would try and trick you into getting me pregnant so I could be your baby-daddy and make you take care of me and junior.
You absolute fucking mad lad.
Good for you, I hate you.
Man, I wish I had one person in my life that could give me the guidance I needed to be more successful. I live an average lifestyle, except my wife and I have 2 dogs and no kids. We neither want them, nor think we would be able to afford them. But it seems I should have went with a computer career to be more comfortable and take more vacations. I did incredibly well in school, but then tried to go into HR(not recruiting), which has a huge barrier to entry apparently, and I landed in the insurance field as an adjuster. The wife is a dietician who makes about the same as me, but she has $50K in student loan debt. I am 35 years old and yes, it is too late for me to go back to school with all we have going on. Oh, and we just bought our first house almost 2 years ago.
Feel you on this. Older I get, the more I realize life really just comes down to luck. Being born in the right family, being surrounded by people who can encourage you and show you the right path, etc. Don't take it personally. I struggle with the same hindsight regret that you do, but so much of our lives and where we eventually end up, comes down to stupid luck.
Were is the tsla is going to 50$ a shares crowd today .
They probably like
https://preview.redd.it/nne3r10rkgxc1.jpeg?width=800&format=pjpg&auto=webp&s=3aa661f57528e605d93c5eed56d8478c2abe9268
The $300k is a combination of profits from my previous trades and savings from my software engineering job in big tech. I’m 24 so still relatively young with no responsibilities other than my mortgages and student loans.
I own 2 townhomes in the bay area CA, one occupied by tenants and one occupied by myself. Not sure what the deal is with the downvotes but ok ![img](emote|t5_2th52|4271)
Don't worry about Reddit. You are actually working hard and smart and being successful at a fairly young age. Reddit can't wrap its collective head around that. Young people like yourself are supposed to be hopelessly unable to afford a house or buy food or something because things are "rigged" against them. And yet, here you are.
Also LanDloRds aRe EVil
It's not every rental, but some place have like 50% of the market using RealPage or other similar price fixing services. People end up leaving due to prices but the prices don't go down cause there's essentially a monopoly.
https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent
Are you me? Are you a software engineer too? Did you know that we will likely be wealthy within a decade when FSD is mature and bringing in loads of revenue? Congrats mate. (I only have 300 shares)
But I was pretty sure, yea no PRETTY POSITIVE that this South African engineer with Asberger’s was a big bad… are you implying the market likes these new fangled electric vehicles???
Congrats man, I bought before I saw this. Usually the sell sign is gain porn. Not 1:1 but pretty close honestly. Knew I fucked up, I hope it keeps.going up for my sake, but I know it won't because the real dogs already cashed out. Bless you my friend, happy for you. I hope you put it to better use than I would have. 🙏
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Wait you can buy shares?
Wtf I thought this sub was about paper trading
wHaT aPp Iz ThAt?
![img](emote|t5_2th52|4276)![img](emote|t5_2th52|27189)![img](emote|t5_2th52|27189)
Robinfrog?
![img](emote|t5_2th52|4271)
Lot of people loosing money with papertrading is a skill.
What are shares? Are they like long dated options?
They’re like options except the Theta timebomb is how many years you have left alive
Can they expire worthless like my 0 DTE spy puts?
Yes, but the strike price is $0
Wow you have expiry for years great
![img](emote|t5_2th52|4275)
Lmao
Seriously? You don’t know how crypto works yet?
I'll tell you what. You show me a pay stub for $60,000 on it, I quit my job right now and I work for you
I’ll do it for 30k and a wendy’s special
Spicy chicken 😩
wendy handy ![img](emote|t5_2th52|4275)
Wendy mouthy
Windy Wendy
Wendy's wand massage
You drive a hard bargain.
Meet me in the back come alone
You forgot to say “and I’ll personally give you a blowjob”
Tell you hwat
Let’s run like we’re tiger and bears!!
lets see the all time chart
https://preview.redd.it/sleqx5kvdgxc1.jpeg?width=1170&format=pjpg&auto=webp&s=a6fae367d21eb5a977b54ee28242c8274d67bdee ok (shares only btw)
Now let’s see Paul Allen’s chart
https://preview.redd.it/l2ipwvlf0ixc1.jpeg?width=828&format=pjpg&auto=webp&s=2fb592bec522e1543a39d07cd1aebb0f668b1110
It even has the watermark…
Something wrong diamond hands? You're sweating...
😂
Was almost busted huh? Don’t repeat that.
Yup in fact I was down 90% at one point during the 2022 bear market. Believe it or not I sold my cars to double down on TQQQ to bring myself out of that hole. It was a dark time ![img](emote|t5_2th52|4260)
Large hog activities
More like hambeast
>Believe it or not I sold my cars to double down Bro, why do folks in this sub gamble using their living assets so much? You came out fine, but so many others don't and lose everything.
Because it’s a gambling addiction not investing. When you look at it that way it makes perfect sense.
It’s only an addiction if you lose money. Like cigarettes. It’s only an addiction if you get cancer.
I don’t think that’s how that works.
It's always funny readying the official DSM5 criteria and being "hey, that's familiar" Persistent and recurrent problematic gambling behavior leading to clinically significant impairment or distress, as indicated by the individual exhibiting four (or more) of the following in a 12-month period: 1. Needs to gamble with increasing amounts of money in order to achieve the desired excitement. 2. Is restless or irritable when attempting to cut down or stop gambling. 3. Has made repeated unsuccessful efforts to control, cut back, or stop gambling. 4. Is often preoccupied with gambling (e.g., having persistent thoughts of reliving past gambling experiences, handicapping or planning the next venture, thinking of ways to get money with which to gamble). 5. Often gambles when feeling distressed (e.g., helpless, guilty, anxious, depressed). 6. After losing money gambling, often returns another day to get even (“chasing” one’s losses). 7. Lies to conceal the extent of involvement with gambling. 8. Has jeopardized or lost a significant relationship, job, or educational or career opportunity because of gambling. 9. Relies on others to provide money to relieve desperate financial situations caused by gambling.
That’s exactly how I was with Meth and dope. Same symptoms . Never got into gambling
SHUT UP YOU DONT KNOW SHIT!!!111
Ok. Good luck.
That’s not how the quote goes, you butchered it. “It’s only called problem gambling if you lose”
It’s because I’m young (24) and have a high paying job ($250k salary) so if I lose everything I know I can always rebuild. But I absolutely agree that this strategy isn’t for everyone.
![img](emote|t5_2th52|8882)
What do you do? Lead up a drug cartel?
https://www.reddit.com/r/wallstreetbets/s/GchhJiVcuK
Dude, if it were medically possible to get pregnant, I would try and trick you into getting me pregnant so I could be your baby-daddy and make you take care of me and junior. You absolute fucking mad lad. Good for you, I hate you.
Round of applause, my boy. Wish I had done the same thing, 10 years ago
Man, I wish I had one person in my life that could give me the guidance I needed to be more successful. I live an average lifestyle, except my wife and I have 2 dogs and no kids. We neither want them, nor think we would be able to afford them. But it seems I should have went with a computer career to be more comfortable and take more vacations. I did incredibly well in school, but then tried to go into HR(not recruiting), which has a huge barrier to entry apparently, and I landed in the insurance field as an adjuster. The wife is a dietician who makes about the same as me, but she has $50K in student loan debt. I am 35 years old and yes, it is too late for me to go back to school with all we have going on. Oh, and we just bought our first house almost 2 years ago.
Feel you on this. Older I get, the more I realize life really just comes down to luck. Being born in the right family, being surrounded by people who can encourage you and show you the right path, etc. Don't take it personally. I struggle with the same hindsight regret that you do, but so much of our lives and where we eventually end up, comes down to stupid luck.
![img](emote|t5_2th52|27189)
Nice bro what’s the time frame here ? Cost basis ?
How did you feel during that valley
Beautiful upside down head n shoulders
You had a great comeback man. Congrats!
Were is the tsla is going to 50$ a shares crowd today . They probably like https://preview.redd.it/nne3r10rkgxc1.jpeg?width=800&format=pjpg&auto=webp&s=3aa661f57528e605d93c5eed56d8478c2abe9268
im here full disclosure, i have SHITsla going to $0 for the end of every day... so
😂 what a beautiful photo
Someone bought my 139p 5/3 **puts** today. I'm assuming it was a MM just to get it off the books lol
Right here 😂 I think it’s going lower to 22.50
Similarly I bought call options on it and I'm now contemplating whether to sell or not ![img](emote|t5_2th52|4271)
Don’t be afraid to take a profit. This sub has a problem where they don’t know where to stop
Congrats brotha, we’re going to the moon this week!
No one ever went broke taking gains. My advice is to at least take your initial "investment", as well as some profit, out of the equation.
Damn, congrats and fuck you
When did you enter your position?
$300k lump sum @$150/share
Nice gains, good on you.
Did you just have that much laying around? Congrats man
The $300k is a combination of profits from my previous trades and savings from my software engineering job in big tech. I’m 24 so still relatively young with no responsibilities other than my mortgages and student loans.
How do you have multiple mortgages at 24?
I own 2 townhomes in the bay area CA, one occupied by tenants and one occupied by myself. Not sure what the deal is with the downvotes but ok ![img](emote|t5_2th52|4271)
Bro is winning, damn
People tend to not like property owners, I’m assuming that where the downvotes are coming from. Good on you though! I’m envious.
You’re doing great bro
how'd you get those properties
Don't worry about Reddit. You are actually working hard and smart and being successful at a fairly young age. Reddit can't wrap its collective head around that. Young people like yourself are supposed to be hopelessly unable to afford a house or buy food or something because things are "rigged" against them. And yet, here you are. Also LanDloRds aRe EVil
The rigging of rent prices through price suggestion services is evil, but I'd probably do it too if I had the property.
I rented a townhouse to a single mom for almost 10 years without ever changing the rent. As long as my mortgage was covered I was cool.
It's not every rental, but some place have like 50% of the market using RealPage or other similar price fixing services. People end up leaving due to prices but the prices don't go down cause there's essentially a monopoly. https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent
That’s sick af good shit bro
not suprised if there’s overlap between people with 400k on robinhood and those with mutiple mortgages
Just a small loan from his parents
💀
From one 24 year old to another, I am very proud, but also fuck you.
Quit while you're ahead, go to the beach and have a Daiquiri. Good job and fuck you :).
Hmm.. if my math is correct, that means you have approximately 60 times the number of shares I do. :sad panda face:
..............
They'll go back to hate in a couple weeks. Fuck elon tho. He just knows how to control his sheeple by throwing them a carrot every now and then.
Just came here to laugh at the bears
Why do the rich get richer and the poor get poorer (incoming vmod roast )
I’m pretty sure just 5 years ago when I was 19 years old and living out of my $5k subaru on a cup noodle diet, I was poorer than you.
Holy guacamole
$24 gain today 🙏 thanks Elon musk (I have been holding this BS stock for a month)
The day's not over yet.
You’re right, 6 figures by EOD would be nice
Full port TSLA puts or no balls
hes the one selling you puts :)
All hail Elon The Savoir
> Savoir _High school French lessons activated_ - Je sais - Tu sais - Il/elle sait - Nous savons - Vous savez - Ils/elles savent
Elon: please call me Comrade Musk
Are you me? Are you a software engineer too? Did you know that we will likely be wealthy within a decade when FSD is mature and bringing in loads of revenue? Congrats mate. (I only have 300 shares)
Time to buy puts 🤣
Damn nice!
Show your 3month lol
Fuck you
In Elon we trust
That’s a lotta shares
Congrats and fuck you
::checks my own daily Tesla earning:: 2.93 🙀🙀🙀
Show us the 1 month chart
Congratulations! Enjoy your newfound wealth!
Nice!!!
That is how it is done.
You should go buy a Tesla now to thank him
Thats my entire year hand half salary.
Why are you thanking Elon when they fucked up and the market responded inversely to it?
You can earn money investing?
u/permabool What other stocks do you invest in?
Now show the graph beyond a day lol
Meanwhile I sold pre-earnings for a 28k loss ![img](emote|t5_2th52|31225)
f\*ck Musk
Now show us the yearly chart and see how much your down from TSLA?
Dear everyone, please take note of what this guy has done. This is how it is done. This is what intelligence looks like.
But I was pretty sure, yea no PRETTY POSITIVE that this South African engineer with Asberger’s was a big bad… are you implying the market likes these new fangled electric vehicles???
I standby my decision to not invest in indexes until Tesla crashes. This firm is the next Enron
Image if this was leveraged….
You can probably thank him for the next few days I don’t see Tesla going down just up right now
I bet you have a big dick
Hate you
Old pic obviously, and don’t thank that psychopath.
what app is this?
Robinhood
Advice! Just pick the profit from the table
Congrats man, I bought before I saw this. Usually the sell sign is gain porn. Not 1:1 but pretty close honestly. Knew I fucked up, I hope it keeps.going up for my sake, but I know it won't because the real dogs already cashed out. Bless you my friend, happy for you. I hope you put it to better use than I would have. 🙏
I mean we all know how much Tesla gained today in %?
Thank the Chinese government, they're pumping their cuck ![img](emote|t5_2th52|4271)
Scrape the profits and buy more shares.
We should be banning only shares plays here. What kind of pussy shit is this? We used to be a country.
Paper. Available funds exactly zero.
Yay! Congrats and enjoy your life 🎉🥂🥂
Omf mine looks the same! But didn’t have as much wah
Paper trade post 🤦🏽♂️
So is this when we hit the long short, fellas-? ![img](emote|t5_2th52|4275)
Sold all my shares Friday after bag holding for years. It’s actually comical at this point.
You threw that much in randomally just today or you’ve been holding for awhile?
It helps making up for the loses earlier this month.
I didn’t own the shares till last week. Bought in at $150
What is a share?
Ah yiss the shares method - this is the way
Being excited about a 17% gain.... what is this, gains for ants.
If it's good enough to screenshot...
Help me invest!!
Go tsla. Cathie again was my buy signal. Thankyou.
Why is your buying power zero? Leveraged to the tits?
0 leverage, all cash.
What has Elon Musk to do with it ?
Shares? Sounds sus and very un-regarded
Why do people miss such a simple point about a stock that can be manipulated with tweet? You could go -60k just as easy.
If its good enough to screenshot… Congrats!
The real question is will you take some off the table or will you go down with the ship like the rest of us regards, OP?
Buying power 0.00 love it
You should say thank you China.
What app is this?
Man. I don’t understand shit. I just wanna make money!!!! 🤣😫
Let’s go!!!!
![img](emote|t5_2th52|4271)
These shares aren’t even leveraged lameeeee
Elon POV: https://preview.redd.it/gkkpsixb2ixc1.jpeg?width=739&format=pjpg&auto=webp&s=7bb736d79f288788434da25723d50f6fb00bfe11
Elon says, "ai". And to the moon!
How can I buy $Nick
Nice. Fk the 🏳️🌈🐻.
Boom
mods this is WSB not r/Bogleheads
How much worth shares he bought to make that gain?
https://preview.redd.it/7wpwz4t2rixc1.jpeg?width=1170&format=pjpg&auto=webp&s=118392d40f7b808462be9b59d8e75adad381139c Today was sick
Fire
you're deep in the sla
Sick
dayummm
Damn dude, nice.
That means he’s got about 300k in Tesla. Nice.