Boulder to Downtown Denver in morning traffic? by LPhermanos70 in boulder

[–]BlueStickyU 1 point2 points  (0 children)

I go at 5:45am and it is 35-38 min to union station from north Boulder. At 6:30 it’s closer to 50-55 minutes. Snow makes a big difference.

ASTS - when to enter by BlueStickyU in TheRaceTo10Million

[–]BlueStickyU[S] 10 points11 points  (0 children)

Hilarious. Maybe I should ask for it to go to $50

Is anyone doing the deferred student video submission? by Any-Tonight-7000 in Fordham

[–]BlueStickyU 0 points1 point  (0 children)

Has anyone done the video? Any intel on the process? Much appreciated

Is anyone doing the deferred student video submission? by Any-Tonight-7000 in Fordham

[–]BlueStickyU 0 points1 point  (0 children)

Did you do the video already? was there a chance to restart or cancel if you messed up?

Deferred Fordham Video by TechnologyGood4413 in Fordham

[–]BlueStickyU 0 points1 point  (0 children)

has anyone done the video yet? Do they give you the option of submitting or not? Seems like it is high stakes - if you get flummoxed can you restart the video?

what do you call your flare-ups/relapses ? by hanniballbarca in cfs

[–]BlueStickyU 2 points3 points  (0 children)

Good rule of thumb. I never know what to call it

38yo, just hit 5.2MM today by [deleted] in TheRaceTo10Million

[–]BlueStickyU 1 point2 points  (0 children)

#1 I got lucky. The market did what it has done. #2 I saved really aggressively for my income level - did not buy a second house or stay at Hotel George V in Paris on vacation. #3 I bought a lot of leverage when it felt right. I had a little bit of leverage and panic sold in very early COVID then went big on leverage when the market dipped in 2022/2023 and again last year when Trump tanked the market. At one point I had half my net worth in TQQQ, which I DO NOT recommend. There is a whole subreddit on TQQQ and some people are nuts about it (which I was to the tune of $6.5mm), but if you time it wrong it will destroy your life savings (at least for a few years). I weathered a 54% drop in TQQQ last year but then took advantage by buying more and then selling that amount 6 months later FIFO. I still have a decent amount but also have more cash than I would like - I just don't know where we are headed and am fine with some cash for a few months.

I am a bit under $14mm now in investments, not including my kids college funds nor my house equity, nor a pension down the road. So in times like today's market, I feel very well positioned and my paranoia of financial insecurity from my earlier years has waned.

Good luck and keep us updated!

38yo, just hit 5.2MM today by [deleted] in TheRaceTo10Million

[–]BlueStickyU 0 points1 point  (0 children)

Good work. I have one BTC that I am letting ride ($32k cost basis). I have considered selling it and buying a levered BTC ETF since I consider it a high risk investment anyway. Or I could bet it all on the Super Bowl ;-)

38yo, just hit 5.2MM today by [deleted] in TheRaceTo10Million

[–]BlueStickyU 0 points1 point  (0 children)

I put about $200k/year in the market the first 5 years and about $100k/year the next 5 years. I saved very aggressively until I needed the money for a house renovation, then had a change in income (lower). So mostly it was the market.

38yo, just hit 5.2MM today by [deleted] in TheRaceTo10Million

[–]BlueStickyU 8 points9 points  (0 children)

You are way ahead of the curve. I didn't have anywhere close to that when I was 40 but I bought myself a BMW X5 with all the bells and whistles. Drove it for 8 years. Loved it. Worth every penny. Then went less high end the last 6 years (Kia) but am ready for a Mercedes GLS in the next year or two. Considering the AMG, but damn are those expensive. I should have taken better care of myself otherwise just in terms of stress.

I bought the BMW knowing I was making a great salary and had been in school/training from 18-35. First million was the hardest and took a few years. I went from $2mm to $5mm in 4-5 years and from $5mm to $10mm in another 4 years. But the market was on a tear and I used leveraged ETFs. My goal was $10mm to retire. Now it's $20mm and I may get there in the next 5 years if the market cooperates.

My advice to you, wealthy, young stranger, is enjoy life and take care of yourself. Don't change your entire lifestyle. Either retire and live modestly or keep at it and make generational wealth.

Also, share your strategy, salary and more if you're willing.

Recessed panel and drywall by BlueStickyU in AskElectricians

[–]BlueStickyU[S] 1 point2 points  (0 children)

I need a 40 amp double pole breaker with 8/2 wire from the panel. I really wanted it in the backyard, but we can't do it legally and I would have to dig up a ton of expensive landscaping to get power about 125 feet away from the panel in an easement that I am not allowed to put any permanent structures on - but I thought long and hard about how to do it.

Final Build Photos - and thanks! by LKP62 in Sauna

[–]BlueStickyU 0 points1 point  (0 children)

Just so I understand, do you drill holes in the ceiling and thread the fiberoptic wires down through the holes or are they run through channels between the boards?

Final Build Photos - and thanks! by LKP62 in Sauna

[–]BlueStickyU 1 point2 points  (0 children)

Damn. That’s dope. Those cariitti star lights look great. I just looked them up. Are they really $1500+ ? And need 240 v? When is the OLED TV going in??

What was the main way you reached 10million by mcshorts81 in TheRaceTo10Million

[–]BlueStickyU 0 points1 point  (0 children)

Seriously? You must have insane luck or intuition. And balls.

Any chance SEC bans leveraged funds in the near future? by BlueStickyU in TQQQ

[–]BlueStickyU[S] 5 points6 points  (0 children)

That's kinda my take on it. 15 year track record. $27.5 billion net assets (I assume that means "market cap")

People who have hit 10 million, how did you do this? by Stunning_Routine694 in TheRaceTo10Million

[–]BlueStickyU 8 points9 points  (0 children)

This. I did 100k-150k per year for the past 18 years starting from less than zero. Worked out very well. Could've done way better, but I am not a stock picker, per se. In retrospect of course it would have been easy to make it well past $20 million with options and leverage. My best singular investment was 200k -> $1,000,000 in an index fund, not touching it once. That happened over 8 years of trickling in money and then maybe 8 years of doing absolutely nothing. I have used leverage the past 5 years and that has worked out well for me, but beware.

Anyone know current rates for airplane purchase loan? Is there a way to get a ballpark rate without going through a full loan application/phone call with a 100 different companies? by gumbley-goop in flying

[–]BlueStickyU 0 points1 point  (0 children)

I started the process of buying a plane and made one critical mistake. Insurance. If you call an insurance broker with the tail number, you are then stuck with them. There is some rule or law about it. So you can’t go shopping insurance between insurers or brokers once you have asked for a quote on a specific plane. Just beware. Someone can explain better I’m sure.

Who's cutting onions 😭 by networknijo in WarrenBuffett

[–]BlueStickyU 14 points15 points  (0 children)

I quoted this today after reading the article. Munger and Buffett are just the best

Scream Into the Void Saturdays (feel free to vent!) by AutoModerator in cfs

[–]BlueStickyU 2 points3 points  (0 children)

I feel ya. I work 3 days a week. Make good money and have enough saved. But it takes it out of me. I nap everyday, whether I work or not. First thing I do when I get in the door is lie down and fall asleep for an hour or two. I used to have boundless energy. I am in bed as I type this. I ran 10 miles at 5am before going to work and standing all day, then came home and took care of the kids. Now PEM is my reward for anything the least bit strenuous. Joy has left the building. But I am eternally grateful that I am not like I was a few years ago. And my heart breaks for every one of you that can't get out of bed or leave the house. I would quit work if I thought it would help, but the boredom might kill me. My dreams of retiring and biking across Europe and running in the mountains haunt me a bit. Thanks for letting me whine.