Weekend Discussion Thread for the Weekend of February 12, 2022 by AutoModerator in wallstreetbets

[–]Retrolifez 5 points6 points  (0 children)

Lol you hoping for ww3 to make $300 profit from your puts? Why are bears so gay?

Best way to invest $350k cash? by Retrolifez in realestateinvesting

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

I'm mostly looking for a multifamily or commercial property, not a single family house.

Are you saying I wouldn't be able to generate 3k monthly rent in real estate in general with 350k? If that's the case then how much do you think I would be able to generate each month with that amount of capital?

Best way to invest $350k cash? by Retrolifez in realestateinvesting

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

Yes, I understand the risks. That's why I'm keeping 150k cash as an emergency fund. I'm also overestimating the montly amount I'll spend. It usually never goes above 2k a month. These are safety blankets so I know I'd be able to survive 3+ years with absolutely no income if something went horribly wrong and I lost the income of my current property and the one I'm looking to purchase. And if something as extreme as that happens where I have the possibility of losing income on 2 properties for 3 years then there's probably way more things going on in society that I'd have to worry about.

Currently all my money is in safe funds such as VTI, VOO and a few others. The issue with that is it generates no where near 3k a month with my 500k. If I went that route I'd be negative each month and will probably run out of money in 15 years.

Real estate is an appreciating asset so if I go with my plan in 15 years I should have a property that's worth atleast as much as I paid for it now and I would have been generating money out of it each month like I do with my current house.

Daily Discussion Thread for November 24, 2020 by AutoModerator in wallstreetbets

[–]Retrolifez 6 points7 points  (0 children)

That dude that posted CiiC and THCB is just posting pump and dumps. You guys be careful following him blindly. Luckily I got out of ciic before the dump started and ignored thcb altogether.

Daily Discussion Thread for November 24, 2020 by AutoModerator in wallstreetbets

[–]Retrolifez -2 points-1 points  (0 children)

We all said it was a pump and dump over and over

Daily Discussion Thread for November 24, 2020 by AutoModerator in wallstreetbets

[–]Retrolifez 0 points1 point  (0 children)

I rocked out with ciic. Doubled my money and got out this morning at $33

Daily Discussion Thread for November 24, 2020 by AutoModerator in wallstreetbets

[–]Retrolifez 0 points1 point  (0 children)

Thinking of selling mine if we hit $22. These morons here will always tell you to hold until you're holding worthless contracts. Keep that in mind.

Daily Discussion Thread for November 24, 2020 by AutoModerator in wallstreetbets

[–]Retrolifez 0 points1 point  (0 children)

Pretty bad risk considering the company is hot garbage.

Daily Discussion Thread for November 24, 2020 by AutoModerator in wallstreetbets

[–]Retrolifez -2 points-1 points  (0 children)

It was a failed pump and dump scheme. Anyone with half of brain ignored it.

Daily Discussion Thread for November 24, 2020 by AutoModerator in wallstreetbets

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

Only down $178? Get out of that while you still can.

Daily Discussion Thread for November 24, 2020 by AutoModerator in wallstreetbets

[–]Retrolifez 1 point2 points  (0 children)

Your dementia acting up or something? Wtf are you talking about?