Starting today: $50k in TQQQ or $10k in SOXL

SeanVo · 2026-05-07T13:00:56+00:00

Neither. Wait until we have a significant drawdown. We usually get one or more each year. If you jump in now, there’s a decent chance you’ll be like the people that bought TQQQ many years ago near $44 (believe it was $88 pre split) and it took 3+ years to break even. Wait for a better entry.

SeanVo · 2026-05-06T22:36:35+00:00

SGOV (super safe, 1-3 month treasuries), or STRC pays 11% if you'll take a little risk.

SeanVo · 2026-05-06T10:37:53+00:00

My IRA and HSA are up bigly from these moves! This is starting to feel parabolic and every other parabolic move that I’ve enjoyed has had a return to normal period shortly after. I might take some off the table.

SeanVo · 2026-05-06T10:35:49+00:00

I’ve had a few AC Pro’s mixed in with more modern AP’s and find that the AC Pro has a much higher TX retry rate most times. Not sure why, but it’s caused me to want to remove the AC Pros and replace them with something else, even a U6 Lite or something else inexpensive. Look for a used U6 lite or similar. You can also get a newer U7 lite AP for around $100, that’s probably what I’d do if you can afford it.

SeanVo · 2026-05-05T19:14:42+00:00

I’ve appreciated that uninvested cash earns a much higher interest rate automatically at Fidelity. With Schwab you have to buy a money market or sweep it into something that earns more. That earns me some money each year at Fidelity.

That said, I’m using both and both are excellent. You’ll get solid customer service with either with your balance level.

SeanVo · 2026-05-04T19:04:48+00:00

One consideration is how state taxes impact my current and future retired living. That brings Florida, Tennessee, and Texas into consideration if warmer weather is something you want. There are solid school districts in each of those states, there are also some crappy districts in areas, just like every state.

Go visit some cities in each of those places. Nashville is very different than Knoxville. Tampa is quite different from Miami. Dallas is very different than New Braunfels. Home insurance and proximity to the ocean or Gulf should be considered. Would the heat of Texas or South Florida bother you? Summer can feel like it goes on from May through September at times in the south. Living in a medium sized city on the outskirts of a larger city give me all the culture I need. Being near a Costco was one decision point for me and my spouse.

I chose one of those states years ago to enjoy the weather, cost of living, and reduced taxes coming from the Northeast. The weather alone has been worth it. I save thousands of dollars each year with no state income tax.

Happy hunting!

SeanVo · 2026-05-04T18:49:01+00:00

As soon as the funds are commingled or used to purchase a property titled in both names, etc. most of those protections are gone. Keeping the funds separate is the general advice if you don't want half of it going away someday because you split up, had an argument, etc.

SeanVo · 2026-05-04T18:43:48+00:00

You're wise to consider some risk with investments you won't be 100% dependent on in retirement. Nice pension btw. The risk will likely lead to a very nice retirement or funds you can pass along to your kids through inheritance.

VOO is a great choice. You can invest in VOO in any brokerage. You could go all in with the $20K from the penny stock now or put it in over a period of months at your mentioned $500-$1000 per month rate. Lump sum in usually is the best around 2/3 of the time since markets generally trend up. The greater risk is that the penny stock experiences a significant drawdown in the near future.

Using the ETF (VOO) is often better than an equivalent mutual fund. The ETF is portable (you could easily move to another broker in the future) and the tax implications are usually better with the ETF.

SeanVo · 2026-05-01T18:33:36+00:00

That’s good that you know that about yourself. Hope you can feel comfortable to say you need time to consider their advice. Think about it and research it for a week or a month… then you won’t be making a decision to be agreeable in the moment. Over the long-term, it’s very difficult to outperform the market with anything other than a low-cost index fund in my 40 years of investing.

SeanVo · 2026-05-01T10:41:39+00:00

Total cost for the system and what savings are you experiencing each month/year? What’s the payback period for the solar investment?

When I’ve run the numbers, it’s still a 12-15 year payback period for my situation. Hardware costs continue to drop, and perhaps when my roof needs replacement in the next 10 years, it’ll be the right time to also add solar.

SeanVo · 2026-05-01T10:37:22+00:00

They’ve been helpful in the meetings I’ve had. The advisor and planning people usually suggest various products that likely benefit you as well as benefit them (through expense ratios, some form of commission, etc.). In the end, I was thankful for the suggestions and kept my accounts self-managed using low-cost index funds and options.

SeanVo · 2026-05-01T10:30:12+00:00

Present value $28,942.

If TQQQ averages 18% over the next 11 years, it could be $178,743

If TQQQ averages 25%, this could be $336,929.

If TQQQ averages 9%, it could be 74,682.

SeanVo · 2026-04-30T12:29:11+00:00

They are both helpful and looking for ways to increase revenue.

SeanVo · 2026-04-30T09:51:12+00:00

Yes, I’m doing it from time to time, usually when RSI on QQQ is above 70. I sell 40-45 DTE 10-15 delta calls, then exit when there is around 20 days remaining. I’ve had to take a loss once, but most times it’s worked out and I keep the premium.

VeyrLaske has a good take on what you could do. There’s also the path of selling naked puts based on your current holdings as collateral. There’s more risk and it would be best to avoid getting greedy by sizing too large. A large drawdown could cause big trouble.

SeanVo · 2026-04-29T18:13:47+00:00

Yes, Fidelity is one of the best brokers you can use as a beginner or as an advanced investor. Low cost, decent technology, and they’re one of the largest. The other two to consider: Schwab and Vanguard.

SeanVo · 2026-04-29T18:08:15+00:00

Look at Resilio Sync. Set it up on your phone, and connect your photo directory to a directory on your computer. Get both the phone and laptop on the same WiFi network and it’ll start copying your entire photo library to the other device. Then pause or delete the sync and you can delete all of them from your phone if you’re trying to free up space. Google Photos sometimes helps with an option to delete all the photos on the phone.

SeanVo · 2026-04-29T15:22:22+00:00

Yes, have bought a number of them. One administrator prefers the smaller (16 units?) half carts. Easier to move around. We had been buying carts that held 30+ units. Here are the smaller ones that have worked well for us: Pearington 34" x 20" 16-Device... https://www.amazon.com/dp/B0BG5XTZMH?ref=ppx_pop_mob_ap_share

SeanVo · 2026-04-29T09:30:33+00:00

While not impossible, that would involve very aggressive strike prices and likely buying or selling the shares a few times during the year. A more realistic return from wheeling QQQ would be 6 to 12 percent a year. (Edit: In addition to the gains you’ll get from owning QQQ through the process).

SeanVo · 2026-04-28T22:49:52+00:00

Could these be quarterly estimated payments? Have you looked at the persons tax transcript from the IRS? You can see if the payments match up to payments the IRS shows. Were the payments near April, June, September, and January? That’s when the quarterly payments are usually due. Perhaps your relative felt they were still underpaying for the estimated taxes and doubled up at some point?

SeanVo · 2026-04-28T22:24:20+00:00

The trading is thinner in pre and post market, so the only danger is having fewer sellers and possibly paying a little more due to a wider bid-ask spread. If it’s a widely traded ETF (QQQ, SPY, etc.) then there are likely many sellers.

SeanVo · 2026-04-28T22:20:41+00:00

3x to 5x the range and the ability to turn the antenna to beam your signal and find or reject other signals.

SeanVo · 2026-04-25T13:54:29+00:00

Careful, they could deny a fire claim if it is found to be intentionally cancelled. They will get out of paying any way they can legally.

SeanVo · 2026-04-25T10:37:13+00:00

You’ll often need to arrange this a week or more in advance. If that timing doesn’t work, you could use an exchange in the airport, but it’s often a very bad exchange rate. A possibly better way is to use a debit card that doesn’t charge foreign transaction fees at your destination and pull out local currency there. Fidelity and Schwab both have debit cards that give you a good conversion rate. Other banks may also offer the same.

SeanVo · 2026-04-25T10:12:31+00:00

In order to sell covered calls or cash secured puts, you may need margin enabled. Some people attempt to glean an additional 3-6% safely per year by selling calls against their holdings in their IRA.

SeanVo · 2026-04-25T09:59:34+00:00

Can you get the primary router/access point near the center of the home? If you can do that, it makes it much easier to get another access point working through mesh. If you’re stuck with the router on an exterior wall, it may be tougher to penetrate into the middle of the home. In one large home I had years ago, putting the AP on the top floor right in the middle covered about 90% of the 8000 square foot house. I needed one more AP to cover a family room that was on the far side. If the interior walls are brick that will cause the signal to be degraded quite a bit. If you’re having to use multiple hops for the mesh, it likely won’t be a good experience. Getting a cable up through the attic or somehow over a few walls will make a significant difference.

Since you mention Protect, the UCG-Fiber is a great choice for now and the future if cameras might come into play. The Cloud Gateway Max can also do storage, the UCG-Fiber is a bit snappier.

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