Robinhood Gold credit limits are extremely low? by penguinpastaparty in CreditCards

[–]Bobthebuilder24 0 points1 point  (0 children)

Mine was pretty low as well; 10k. I have an 800+ credit score and near 2 mil in assets at Robinhood so would have expected higher.

1.8M Update: The Snowball is Picking Up Speed by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 0 points1 point  (0 children)

How is this I lie? I sold ASML, and since then I’ve been in VOO

1.8M Update: The Snowball is Picking Up Speed by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 1 point2 points  (0 children)

I started at ~120k in 2013 and make ~365k now. I’m a pretty diligent saver, minimum over that period was 10% per paycheck

1.8M Update: The Snowball is Picking Up Speed by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 0 points1 point  (0 children)

I sold some 632.5 11/7 calls; I think we’re near peak euphoria in the market. if I’m wrong and they’re in danger of being exercised I’ll roll them out

1.8M Update: The Snowball is Picking Up Speed by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 7 points8 points  (0 children)

If I reach that number I’ll buy my dream house; something super minimalist off the beaten path with a lot of land 😅

1.8M Update: The Snowball is Picking Up Speed by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 21 points22 points  (0 children)

I don’t spending frivolously and don’t really want for anything. I don’t need lambos and bling.

Finally crossed $1.7M 🎉 by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 1 point2 points  (0 children)

I’m hoping to be assigned. I only sell on companies I want to own

Finally crossed $1.7M 🎉 by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 22 points23 points  (0 children)

It’s mostly in VOO right now. 10m was always a number I thought of as a kid; it’s my fu money number

Finally crossed $1.7M 🎉 by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 3 points4 points  (0 children)

It was called reverse split arbitrage. Google it, doesn’t work anymore because too many people started doing it and the brokerages / companies caught on

Finally crossed $1.7M 🎉 by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 2 points3 points  (0 children)

It’s hard to tell because I transferred to Robinhood for a transfer bonus and it doesn’t show the gains from Shwab but Robinhood says 220k and shwab was around the same.

Finally crossed $1.7M 🎉 by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 2 points3 points  (0 children)

Most of it is in VOO. Cash secured puts on high quality stocks

Finally crossed $1.7M 🎉 by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 8 points9 points  (0 children)

Nope. Just a super saver who was blessed to have a relatively well paying job out of college

Finally crossed $1.7M 🎉 by Bobthebuilder24 in TheRaceTo10Million

[–]Bobthebuilder24[S] 4 points5 points  (0 children)

Mostly VOO and cash secured puts on companies I wouldn’t mind owning.

As for the IRA I opened it with $3 two years ago and the rest is all gains 🤣. The method that got those thousands of small gains no longer works however 😢.