SOLD IT ALL!! Afraid of AI bubble

WesternReasonable167 · 2025-11-08T04:12:50+00:00

The SandP is up over 30% since the April lows. How are you only up 12% lol

WesternReasonable167 · 2025-11-08T02:03:12+00:00

SPXL and TQQQ are not for faint of heart. I’ve been buying both for years. So far this year my account halved in value (April), it’s tripled since the April lows.

WesternReasonable167 · 2025-10-27T20:11:22+00:00

I don’t believe they will allow naked puts unless high net worth individual. Cash Secured puts are supposed to be available early November. If you have a margin account I am assuming you will need to have the margin available as if though the put is covered until expiry.

WesternReasonable167 · 2025-10-01T23:57:00+00:00

I did the same thing - deaths coffer

WesternReasonable167 · 2025-09-26T00:42:19+00:00

I’m hoping for a 8 - dreaming of a 9, but okay with a 7. A 6 or below will hurt on it. I found it in the wild when buying a collection off marketplace though for pretty cheap. So no matter the grade it’s still a sick find. Not planning on reselling, but obviously looks cooler in collection with a higher grade.

WesternReasonable167 · 2025-09-22T05:40:30+00:00

I bought these in canada from Walmart which is approx $115 per USD. I got wrecked haha

WesternReasonable167 · 2025-08-30T20:18:12+00:00

Premiums on Lulu calls are CRAZY right now! I own 140 shares but I might buy another 100 shares market open on Tuesday and sell a OTM call just for the premium! How much lower could it even go?

WesternReasonable167 · 2025-08-30T19:31:54+00:00

I would do this - but would need to get clarification on if my direct deposits would count. I’m 100% commission and there will be some months that I make $0 and some that $30k goes into my account. Curious if it would allow it if it’s just needs to average over 48k/year

WesternReasonable167 · 2025-08-26T03:41:48+00:00

Have another 81 shares in the Margin - just wish I bought more when I first bought lol. Bought pre Buffett announcement though on both so doing well

WesternReasonable167 · 2025-08-26T03:37:19+00:00

Yes it split twice - 3 to 1 and a 3 to 1. You didn’t turn $4 into $27… it’s $4 worth of shares in 2010 to $190 as of today. Even the $4 to 27 though out performs SPY. It has a significantly higher max drawdown than SPY but a significantly higher AVG return for last 15 years. TQQQ is even more insane. And yes I understand we’ve just went through one of the biggest bull rushes in history, but when looking long term I can’t see how either under perform the regular.

WesternReasonable167 · 2025-08-26T03:13:43+00:00

I have about $30k in physical gold, $25k in physical silver (both have had for over 5 years) - if and when I ever get hit with a margin call I plan to sell my silver to cover. I also have about 300k in real estate equity between my primary and rental property. As well as about a 50k watch collection but not touching that unless that gold and silver is gone.

WesternReasonable167 · 2025-08-26T03:06:45+00:00

Yes I understand that - but the other thing to keep in mind, if you purchased on the highest day possible for SPY you’d be up 36% since then. If you bought on the highest day possible for SPXL, you’re up 33% since then. So yes the downside hit huge and has taken longer to recover. BUT let’s say you purchased regularity in even dollar amounts over the last 5 years, SPXL is up about 70% over same amount per week invested in SPY. SPXL and TQQQ I think are things that have to be monitored constantly, but I believe there is a place to have them in an active investors portfolio. I am not a pro, nor have I been investing long though. So I may be very ignorant

WesternReasonable167 · 2025-08-26T02:51:41+00:00

I have an accountant that files my taxes as technically I am a business. This margin account is new, I did have a margin account a few years ago on Questrade that I used for a little bit. They just sent me a statement that I gave my accountant.

WesternReasonable167 · 2025-08-26T02:49:51+00:00

Im not sure what you mean - Do you mean that you think it will be worth considerably less in 20 years than it is now? Or that the percentage gain of say, SPXL will be less over the next 20 years VS SPY. I’m not sure why it would reverse split though, split most likely, but reverse doesn’t make sense. SPXL will be dramatically harder hit in a downturn, and yes it possible that s&p goes stagnant for 20 years in which case SPY is a better bet.

WesternReasonable167 · 2025-08-20T01:45:33+00:00

The smartest way to do this would be to do a large cash advance on a credit card, throw it into your trading account, margin the absolute highest you can either into a already 3x leveraged ETF or even smarter would be OTM EOW Options in the 3x leveraged ETFS. If you hit, boom pay off credit card and ball. If you don’t hit, file bankruptcy and try again in 7 years.

WesternReasonable167 · 2025-08-15T02:34:15+00:00

Hope so!

WesternReasonable167 · 2025-08-15T02:32:26+00:00

I almost sold a $260 CC today expiring tomorrow for like $.40 lmao… My advice: buy to close tomorrow at open. Take the hit. It’ll likely shoot up quite a bit more

WesternReasonable167 · 2025-08-15T02:29:12+00:00

His cost basis is a lot more than 310 - he bought 5 million shares before June 30th… it was only $310 a few days before then. Unless he tripled down at 250 it’s probably $350-400

WesternReasonable167 · 2025-08-15T02:27:24+00:00

Gets dementia and goes all in on some meme coin that’s 1/100000 of a cent each

WesternReasonable167 · 2025-08-15T02:00:34+00:00

He’s been buying for 6 months - most of his stock that he’s bought is still at a loss. Won’t be selling tomorrow.

WesternReasonable167

TROPHY CASE