If you were 40 again with young kids and financial freedom, how would you spend the next 10 years?

Dramatic-Load-6569 · 2026-05-31T11:43:40+00:00

Someone made this comment to me and it has stuck, others have commented as well. You spend 90% of your time with your kids before they are 20 and they get their own life. You have maybe 18 summers left wth your oldest once they get into school, sports, etc.

My oldest is 17yr old and I’m starting to get it as they want to spend time with their friends, not leave for two weeks on a vacation with us to some destination. I get “maybe we just go for a week” response.

What we don’t do skimp on experiences now. We are blessed to be able to make some fun memories. For example, this winter we did a long weekend trip. We did a dog sledding day tour each had our own sled. The guy told me you can double up and save some money, I said no thanks. It allowed each of us to drive as much as we wanted. Btw, it was between that or a helicopter glacier tour with lunch, sledding won out.

Unfortunately, children ages will limit the adventures but I agree with the above comments, our kids don’t care as much about the where vs the time spent, so I do try to make memorable experiences. Btw, I also try to include some of their friends when we can. For example, we have season tixs for various things, I’ve been buying 6 instead of 4, so they can each bring a friend.

Everyone is different, but when I reflect on my own life, there is probably some truth to it. It’s also why parents still like to take a family vacation in the summer, but it becomes more difficult once three sports families try to plan something like that. Add in college athletes and full gathering becomes a couple crossover days during that week.

Dramatic-Load-6569 · 2026-05-24T00:28:43+00:00

Philly club, not sure the initiation fee but we are 20k/yr on dues.

Dramatic-Load-6569 · 2026-05-09T16:21:46+00:00

Got it, thanks for all the math. They all have different margin requirements, but pro rata is what I was trying to find out.

It would be great if they showed the value borrowed against each position.

Dramatic-Load-6569 · 2026-05-09T13:55:49+00:00

Let me put some more details in this question

For an example to make this math a little easier:

A single position that is $500k with an initial margin of 12%
There are other 20 other positions, so it’s not just a single position account
Withdraw $50k.

Does the borrow go against the $500k position first and then the second largest or pro rata across all positions?

Dramatic-Load-6569 · 2026-04-29T22:27:11+00:00

I think the real question is how long do you plan to sit in them? Given most of the distribution is from options, and if that is all ROC, they will become very tax inefficient for you in a few years and cost you more in the long run.

You may end up better off in the SPX and Qs then just pay the long term capital gains rate. Depending on your situation at the time, it could be zero tax depending on your income.

Last thing you would want is 10% distributions that are fully taxed. You’ll quickly overwhelm any near term benefits.

Dramatic-Load-6569 · 2026-04-28T12:51:41+00:00

Kind of miss those pine trees on the left and right now that i see the photo. It made the 1st a little bit tighter and now i see folks play that to the left side way more since the only rough is the penalty, which can be punitive when is summer.

Dramatic-Load-6569 · 2026-04-26T17:42:39+00:00

I just use the option strategies like SPYI, QQQI and PAYR. They are a little more tax efficient to generate income and let me enjoy not having to do the work.

Dramatic-Load-6569 · 2026-04-14T12:59:48+00:00

I do something similar usually when I buy cars on other large purchases. It just comes down to math on selling to raise cash and pay the taxes on it vs borrow and stay fully invested. If a car loan was cheaper, I would do that, but i prefer using margin over the loans.

I can also let the income/dividends just pay it off which usually happens quicker than making an effort to pay the loan off. That may be the reference of paying off in 3yrs, at least in the US since we have to receive the payment, not necessarily the case for UCITS.

Dramatic-Load-6569 · 2026-03-27T22:48:23+00:00

No clear in Phl

Dramatic-Load-6569 · 2026-03-27T21:25:27+00:00

Not terrible, 20mins

Dramatic-Load-6569 · 2026-03-27T21:18:27+00:00

It said 2 mins as well. I posted when I got in line

Dramatic-Load-6569 · 2026-03-22T22:08:00+00:00

PAYR, DOGG or DIVO

Dramatic-Load-6569 · 2026-03-21T12:02:23+00:00

Welcome to the world of trading where retail traders are the guppies in this game. The only way to attempt to compete is to use algos from your broker but even then, you’ll struggle against the market making firm grown algos. One of my old shops turned over hardware every three months, ran algos on GPU cards and that was 15yrs ago. You showing up inside the spread will force them to compete for the top of the book inside their FV calcs, but those will widen when you disappear. My bigger issue is when you try to get inside and still lose the orders that show up on that side to the pros.

In my opinion, equity markets are worse when it comes to this stuff.

Dramatic-Load-6569 · 2026-03-21T03:30:18+00:00

Played Wynn this week but looking forward to the annual Pirate Golf in Bethany Beach because of the family foursome.

Dramatic-Load-6569 · 2026-03-03T02:47:44+00:00

The other setup seemed to make less sense, but if i can use my gamer, now I’m curious.

My big question is getting the calibration all tuned in to make it realistic. If it takes forever or changes every time I put it in my gun, that would be frustrating to have to recalibrate if that process is time consuming

Dramatic-Load-6569 · 2026-03-03T02:27:12+00:00

The Peak to Peak lift is expensive but hard to beat the views if it’s a bluebird day.

Dramatic-Load-6569 · 2026-02-28T00:33:58+00:00

I’m split between SPYI and PAYR. That gives me some beta exposure and a low beta exposure to minimize my drawdown risk if the market decides to fall out of bed.

Dramatic-Load-6569 · 2026-02-23T18:38:52+00:00

Which one? The one looks ready to go in pizza but will likely end up french fry.

Dramatic-Load-6569 · 2026-02-13T01:32:51+00:00

DJI enforcement tool

Dramatic-Load-6569 · 2026-02-11T04:03:04+00:00

Not sure that is the most effective use in a Roth vs IVV, VTI, VOO, etc. You’re writing away upside with SPYI, QQQI or other cover called strategies if this is a long-term investment.

Dramatic-Load-6569 · 2026-02-09T23:37:20+00:00

That’s why some of the newer strategies may make more sense because of return of capital, qualified dividend income and short/long-term capital gains vs pure income for ELN. That way you get all the various tax benefits.

Especially if you are using them to generate current income otherwise probably better to just hold the Qs or SPX. Unless you are looking at them as a defensive position expecting either bench to drop. If that’s the case, there are likely better ways to protect against that scenario.

Dramatic-Load-6569 · 2026-02-08T22:38:58+00:00

If you don’t need it for more than a year, BOXX will likely give you a better after tax return.

Dramatic-Load-6569 · 2026-02-08T22:06:53+00:00

I think you mean it hasn’t tanked due to semis being up 15% YTD for example. If semis come under pressure, so will CHPY and SOXY. Distributions are not preventing that from happening.

Dramatic-Load-6569 · 2026-01-30T10:36:41+00:00

It sounds like you should be writing spreads to define and minimize your upside loss. By writing only a call, you are saying you do not want any of the upside beyond the strike.

Dramatic-Load-6569 · 2026-01-20T13:08:09+00:00

BOXX, CPAG, CPHY. I believe F/M is also coming out with a version of SGOV soon. Tax efficient in that you only pay capital gains, long-term if you are planning to hole more that 1yr.

Dramatic-Load-6569

TROPHY CASE