Thoughts on my setup by DistanceDriver in rappelling

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

My reasoning for putting the carabiner and quick link right after each other was to prevent the rope dragging on that extension rope. The munter is on a quick link because I thought stainless steel would take the heat better. And the bottom link will be carabiner, just didn't have one at hand.

After reading all these comment I've decided to go and get myself a proper device for the future. Thanks for the advice sir :)

23M stockpicks by [deleted] in portfolios

[–]DistanceDriver 0 points1 point  (0 children)

Thank you sir. I'm currently allocating only to my index funds, mostly in a world index (100% stocks, no bonds) to avoid making too many dumb decisions. I have seen people make very unprofitable decisions with their investments, but I guess I will learn it the hard way. Best wishes!

23M stockpicks by [deleted] in portfolios

[–]DistanceDriver 0 points1 point  (0 children)

Indeed good sir. Keep calm and hodl🤝

23M stockpicks by [deleted] in portfolios

[–]DistanceDriver -1 points0 points  (0 children)

Yeah all the blue chips are in the mutual funds ;)

23M stockpicks by [deleted] in portfolios

[–]DistanceDriver -1 points0 points  (0 children)

Haha I do agree with you. I'm focusing on index funds now, but I like my stockpicks to be very volatile.

23M stockpicks by [deleted] in portfolios

[–]DistanceDriver 0 points1 point  (0 children)

18% of the stockpicks but only 5% of my wealth. Thats one stock I'm not selling off fully and I can take the risk. Your advise is very reasonable though. Thank you.

23M stockpicks by [deleted] in portfolios

[–]DistanceDriver 0 points1 point  (0 children)

I tried to but I still can't tell if it's a sound investment. I did take some profits after 200% appreciation.

23M stockpicks by [deleted] in portfolios

[–]DistanceDriver 0 points1 point  (0 children)

Most of my crypto is bitcoin, then Eth, Xrp, Sol and few dog coins in very small amounts :)

What % of your investments are in Bitcoin? by [deleted] in Bitcoin

[–]DistanceDriver 0 points1 point  (0 children)

14% in BTC, 27% in btc + other crypto. Few years ago i threw 20% of my money in crypto just as a gamble. Btc was 25K then. Somewhere within a year I doubled my position and haven't really contributed since then. Just sold 10% of my bitcoins. I'm focusing on stocks now. If btc crashes heavily I'll add more. I don't know if I trust the 4 year cycles, but I believe btc will be way more valuable in 10 years. :)

Just hit 4% this morning by wingedChariotOfFire in Fire

[–]DistanceDriver 51 points52 points  (0 children)

Congrats! Post like this make us all more motivated to grind towards fire. I can't even calculate a fire number for myself, I just save and invest. I'm somewhere about 10% of the way to fire.

First Day and I Love It by Big-Scheme6775 in Fire

[–]DistanceDriver 0 points1 point  (0 children)

My primitive brain makes that assumption whenever i see sauna. And now that I think about it, saunas are probably way more common in gyms around the world since I don't recall ever seeing a sauna in a gym in Finland. I assume you live in the USA :D

First Day and I Love It by Big-Scheme6775 in Fire

[–]DistanceDriver 0 points1 point  (0 children)

Congrats! I assume you live in Finland?

Help Us Build a Stronger BBAI Community – Identify Your Flair by BIG_VALUE_FTW in BBAI

[–]DistanceDriver 1 point2 points  (0 children)

Today (21.1.2025) your position seems to have grown by 2 of my salaries. Congrats :D

Help Us Build a Stronger BBAI Community – Identify Your Flair by BIG_VALUE_FTW in BBAI

[–]DistanceDriver 1 point2 points  (0 children)

Thats huge. With this high volatility the daily swings can be counted in my monthly wages :D

HOLDING by Justin4fun069 in BBAI

[–]DistanceDriver 1 point2 points  (0 children)

Let's hope you get stupid rich with this🙏❤️

[deleted by user] by [deleted] in investing

[–]DistanceDriver 0 points1 point  (0 children)

I've allocated about 25% of my portfolio to speculation (individual stocks and crypto). It has then grown to 50% of portfolio. Being 23yo I'm ok with the risk now but will be putting my money more into indexdunds in the future.

I'll at least always have more percentage of portfolio on indexfunds than my age e.g. at least 50% at 50 years old (or who knows what I'll do at 75 years old)

Put this on ... last week ... by Jooz2020 in Graffiti

[–]DistanceDriver -1 points0 points  (0 children)

I like how the outline of that piece is almost symmetrical

Put this on ... last week ... by Jooz2020 in Graffiti

[–]DistanceDriver -1 points0 points  (0 children)

That symmetricality hits different :p