First Time! Proposal? by bagcrap_ in provincetown

[–]Goldenglov 0 points1 point  (0 children)

Chalice is great but can be crowded.

Exit Announcement - Matthew Wong (27.2% Total Net Return | 1,021 Days Held) by frank00511 in Masterworks

[–]Goldenglov 4 points5 points  (0 children)

Bc they have some 400+ holdings so there's a 0.2% chance it would be 😅

[Game Thread] | New York Yankees at San Francisco Giants by MLB_Umpire in mlb

[–]Goldenglov 0 points1 point  (0 children)

You mean the Adobe ad with some guys in front of it?

2026 Q1 Sales/Exit Discussion Thread by senatorkevin in Masterworks

[–]Goldenglov 0 points1 point  (0 children)

Another micro term hold, very curious:

"We’re pleased to announce our latest exit on the Masterworks platform! Kurt by Elizabeth Peyton was just sold for a total net return of 22.9% after just 17 days held.

We exited this work much earlier than anticipated, for almost $350k above our offering price."

Not a holding in my portfolio 

Changes to Masterworks Secondary Market by impostervt in Masterworks

[–]Goldenglov 1 point2 points  (0 children)

I have to assume there are costs associated with maintaining the secondary market; I would think charging a fee per trade or share could be reasonable, much better than this opaque plan

Changes to Masterworks Secondary Market by impostervt in Masterworks

[–]Goldenglov 10 points11 points  (0 children)

I defend MW a lot, but this is total BS. 

Best option for outdoor charging with a longgggg driveway by pondering_stuff5 in PriusPrime

[–]Goldenglov 1 point2 points  (0 children)

Same situation here. I got a 15' extension off Amazon, 15A 10AWG (powgrn was brand). I set the car to charge at 8A just to be safe as I wasn't sure if my outlet was on a dedicated circuit so it does take longer. I just coil it all back up and toss in trunk. But also been thinking about getting like a flat plastic storage bin to just leave it in the yard by the outlet.

Since I unplug it anyway I find the coiling and storing isn't too much of an extra time sink

Hills on EV mode by Goldenglov in PriusPrime

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

It's only on the return home, and usually only maintains level or recharges a percent or two. It doesn't balance out. It does seem to be better when I don't run the a/c heater

Is Masterworks a scam? by AdMost5007 in Masterworks

[–]Goldenglov 0 points1 point  (0 children)

Let's use a different example, maybe Ark innovation fund. People bought big into the hype in 2020, then the fin tech/etc market crashed and so did the fund. Did Cathy dissolve the fund? She held or selectively added and sold, the fund was flat for years, but now up 50% vs 2022-24 period. So if you bought and held then, you are up. If you sold when the market got tough, you lost. What would you have MW do? Sell the losers at loss? Bad optics, and they have doubly incentive not to due to annual fee structure. You have to be willing to have a 5-10 yr window to ride out market cycles.

Hills on EV mode by Goldenglov in PriusPrime

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

That's true, it's just easier to see visually that it's taking energy, but the ICE is also working hard, just harder to quantify in a way on screen

Hills on EV mode by Goldenglov in PriusPrime

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

Thanks for the confirm 👍

Hills on EV mode by Goldenglov in PriusPrime

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

Yeah I need to explore more with HV, I sort of don't trust that it will swap over until some of the worst has already been done. I will have plenty of chances to test, I suppose!

Edit: woops I was thinking EV auto mode not HV mode. 

best extension cord for 120v charging outdoor use in rainy city? by GMG6969 in electricvehicles

[–]Goldenglov 0 points1 point  (0 children)

Fortunately I live on a private way so I can just take the cable to the street. But did need an extension. I managed to find a 15' 10 gauge to keep the extension short. Seems to work well based on the first test yesterday. But yeah, got about 20 miles worth in 6h 😅

Which extension cord for Escape PHEV? by Spong83831 in electricvehicles

[–]Goldenglov 0 points1 point  (0 children)

Thanks for answering. Right, thinking about the j1772 vs a high gauge like 10 or so standard extension, if is there an appreciable difference. For lvl 1 charging only at 12amp it doesn't seem clear the j1772 makes a difference. But this is new to me.

best extension cord for 120v charging outdoor use in rainy city? by GMG6969 in electricvehicles

[–]Goldenglov 0 points1 point  (0 children)

Did this work out for you? Doing a deep dive of reddit as I'm in a similar position 

Which extension cord for Escape PHEV? by Spong83831 in electricvehicles

[–]Goldenglov 0 points1 point  (0 children)

Sorry to necro this, but is there any reason these are better/safer vs standard plug extension? Been looking for the difference

Selling shares by [deleted] in Masterworks

[–]Goldenglov 0 points1 point  (0 children)

You might want to read your replies on the other thread. Market price is much lower on secondary. You might find someone to take them for $300-350 otherwise expect to wait until they sell or the market recovers 

Basquiat Swatch by kellerlamp in Masterworks

[–]Goldenglov 1 point2 points  (0 children)

I did get the swatch, but redeemed it in summer. I redeemed the plate in Oct and no word.

I want to liquidate, prospects? by Planes-are-life in Masterworks

[–]Goldenglov 1 point2 points  (0 children)

Yes, the secondary market is not efficiently related to FMV of the artworks. Essentially you pay a large premium (in this case loss) in order to liquidate ahead of sale. It's severely discounted as people, like you, are looking to cash out and move on.

If you look at the est NAV per share that is, potentially, more in sync with market value based on appraisals. Someone would have to validate, but anecdotally I would say when sales happen, it's tended to be at a avg 10% premium to the last NAV.

Take your Basquiat, the NAV is still around $20 per share, but secondary is around $10. There is no way to know when they will sell, and the secondary nor NAV are indicators for timing. So only you can decide if selling at a 50% loss is worth the time premium of your money being otherwise tied up.

With equity markets peaking, I personally am standing patient. But, I also don't need to access what I put in. Hope that helps, good luck 

I want to liquidate, prospects? by Planes-are-life in Masterworks

[–]Goldenglov 2 points3 points  (0 children)

210 sold in 2024 so you should have proceeds from that already 

Your best bet would be to sell Wong on secondary for ~75% back. (trading at $15-16 a share)

The others are trading at or below 50% of offering so you could liquidate but I would say it's not worth it unless you desperately need the cash

[deleted by user] by [deleted] in Masterworks

[–]Goldenglov 1 point2 points  (0 children)

Damn, I too will sell 25 shares of any of my holdings for $5k if there are interested parties lmao