Boiler Room: The Official Stock Market Discussion

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I'm younger than some people on here but I think for my age I'm above average.
Total assets -SNIP-
That's across real estate+all investment accounts (HSA, 401k/IRA, Brokerage)
Hope to juice it pretty hard once I finish paying off my debts + increasing
my salary through job hopping.
I'm expecting it to drastically change in the next three years if we aren't
all burnt up in nuclear hell fire.
 
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Primetime

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Seems everyone here is doing relatively well or at least progressing in the right direction.

Though not to be a broken record but it all comes back to what your personal goals are. Can you retire off 75k/year (after taxes) for the next 30 years? If so, factoring inflation you’d need about $3.8 million saved up. Or passive income that makes you that amount annually, reliably.

By definition I’m a millionaire but I’m still at the mercy of my 9-5. At 39, I want to be “retired” by 45.
 

Primetime

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And to the younger folks who may have some doubt with where they stand… if all things immediate fail, compound interest is still a muthafukka and us older folks can’t buy back time.

So that you’re starting in your 20s or early 30s is a blessing/huge advantage
 

FabTrey

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Right now Im holding:

Nvda 1600
Tesla 470
Envx 1000
Grab 4000
Pdi 500
Achr 1500
Rklb 1210
Pltr 100

Sold everything in my Margin account and added another 500 shares of Nvda.

Sitting on $447K in cash.

damn you have more than i used to have. i did scale out tho.




Screenshot-20240612-073328-Fidelity.jpg



Why would you hold so much cash tho?
 
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winb83

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Any Tesla bulls think Musk’s antics will catch up to the company and impact the stock?
 

FabTrey

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Any Tesla bulls think Musk’s antics will catch up to the company and impact the stock?

Musk has been an ass for awhile now. TSLA will be fine. If I'm an investor the sweet spot is 340s - 370s. If it falls more I keep on adding. I sell puts after puts to accumulate. I buy every dip because FSD will win.
 

winb83

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Musk has been an ass for awhile now. TSLA will be fine. If I'm an investor the sweet spot is 340s - 370s. If it falls more I keep on adding. I sell puts after puts to accumulate. I buy every dip because FSD will win.
He's unofficially the right hand man of the US president now though.
 

Reign X

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Any Tesla bulls think Musk’s antics will catch up to the company and impact the stock?

As a Tesla bull, even I had enough after nazi salute. I sold. Car sales can take a hit. But they’re doing well on energy side and if any of their other projects hit, stock will fly regardless.

Pltr did great for me. I regret trimming along the way, but I’m probably gonna do it again tomorrow. Heavily concentrated.

I’m looking at amd after beat down on earnings.
 

FabTrey

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He's unofficially the right hand man of the US president now though.

Which shouldn't be a bad thing. It's gonna be a volatile ride, but there's many major catalysts left. With juicy premiums it's a no brainer. Any bulls have tsla in their portfolio.
 
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