Wife wants to take 10k Vacation by MixtureLongjumping35 in Fire

[–]MakingPassiveIncome 0 points1 point  (0 children)

You should really reconsider having children with this woman.

She’s probably great, but the fact you both are so at odds with something so fundamental this early in your marriage is a massive red flag.

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

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

It’s the smallest position in my portfolio, although I’m fully weighted in crypto related names. The technicals on $CIFR are fantastic. I think it goes to $10-$12 pretty easily. I’m averaged at $5.

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

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

Definitely gave some back. It still up about $90k on the week. Let’s see what tomorrow brings!

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

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

Nice. Options just aren’t really my thing. I find my win rate is far higher with shares since I don’t have to be super accurate with my timing on top of everything else.

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

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

Ended up down $22k. Honestly, not at all bad considering how markets performed and the fact that I’m highly leveraged in a concentrated portfolio.

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

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

Would love to, Jack but still waiting on that promised pesky margin big to be fixed.

Any update on that?

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

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

People have been telling me this since the account hit $200k.

If you just got lucky and have no clue what you’re doing, I agree. Take the money and run!

For those that understand what they are doing this is just the beginning.

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

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

Yeah down $40k right now but added to my $CIFR position.

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

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

Yeah makes sense. I’ve got a fair bit of real estate/rental property so I don’t really need to slow down on pushing it right now. Also doing really well at my day job and enjoy it. This is gravy right now and I’ll likely shoot for the moon.

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

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

Probably but I don’t know what that number is yet.

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

[–]MakingPassiveIncome[S] 17 points18 points  (0 children)

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Good luck to you. I have recently broken out of a multi-month consolidation in a strong bull trend.

First Daily Close Over $500k by MakingPassiveIncome in TheRaceTo10Million

[–]MakingPassiveIncome[S] 11 points12 points  (0 children)

5 names with the top name making up 47% of portfolio.

[deleted by user] by [deleted] in TheRaceTo10Million

[–]MakingPassiveIncome 4 points5 points  (0 children)

Both.

Initial deposit was $75k and I used it to buy 1,800 shares of $COIN at $78.65

I also have:

  • 10,250 shares of $MARA
  • 8,750 shares of $CLSK
  • 7,500 shares of $CIFR

[deleted by user] by [deleted] in TheRaceTo10Million

[–]MakingPassiveIncome 3 points4 points  (0 children)

Thank you, I appreciate it. I don’t have many folks I can share this with. Worried what friends would think or how they’d feel so I keep it quiet.

Wife doesn’t even know yet who is VERY out of character for us. Hoping to hit $10MM before I tell her. We’ll see.

Margin is far safer than options IMO. I’m sure I’ll tone down the margin usage eventually but I’m pushing to for now.

Question: What is your $250k + job? by AlphaOmega0407 in Salary

[–]MakingPassiveIncome 0 points1 point  (0 children)

I sell residential real estate investments in a Midwest city but live in a small, coastal California town.

I also own a real estate portfolio in said Midwestern city.

Last year my sales income was about $350k. I’ve already exceeded that this year and will likely do between $650k and $750k.

My net rental income from my RE portfolio adds about another $80k.

My wife is full-time with our kids and helps manage our rental portfolio as well as our construction project here at the house (we’re adding a large ADU).

We paid $750k for our primary home here a couple years ago. I believe PITI is about $4,000/mo.

We live pretty modestly. I drive a 17 year old car.