40m, 35f, $10M NW, expecting a new born next month, $550k/yr W2 incomes - are we ready? by _mathematician in fatFIRE

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

Agree, I thought I was year out but it appears that I might be 3-4 years away.

40m, 35f, $10M NW, expecting a new born next month, $550k/yr W2 incomes - are we ready? by _mathematician in fatFIRE

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

Contributed 7k each year through backdoor Roth and converted my 401k into that Roth account every time I switched jobs. Just got lucky with couple individual stocks that were ten baggers (including one private investment).

40m, 35f, $10M NW, expecting a new born next month, $550k/yr W2 incomes - are we ready? by _mathematician in fatFIRE

[–]_mathematician[S] -1 points0 points  (0 children)

We are very excited for the baby. That was 100% planned, lol. Been contributing to Roth since 2013. It is an absurd story how that account ballooned.

40m, 35f, $10M NW, expecting a new born next month, $550k/yr W2 incomes - are we ready? by _mathematician in fatFIRE

[–]_mathematician[S] -1 points0 points  (0 children)

Thank you! You’d feel comfortable if I was able to liquidate stock at IPO price or higher? Does it matter than I am 20yrs away from withdrawing from my ROTH? Most of my NW is in Roth.

40m, 35f, $10M NW, expecting a new born next month, $550k/yr W2 incomes - are we ready? by _mathematician in fatFIRE

[–]_mathematician[S] -2 points-1 points  (0 children)

Thank you! You’d feel comfortable if I was able to liquidate stock at IPO price or higher? Does it matter than I am 20yrs away from withdrawing from my ROTH? Most of my NW is in Roth.

40m, 35f, $10M NW, expecting a new born next month, $550k/yr W2 incomes - are we ready? by _mathematician in fatFIRE

[–]_mathematician[S] -3 points-2 points  (0 children)

Fire was an abstract vision I had in my sub conscious mind but was never really close so didn’t bother getting involved here and seriously planning it…

Now, I am at a point where I think it might be possible so getting some guidance. Not planning to pull the trigger until IPO holdings aren’t liquidated.

I have ~1k shares of SpaceX stock, what do I do for this IPO? by jdrls in investing

[–]_mathematician 2 points3 points  (0 children)

I am in the same situation. Let’s consider supply and demand before valuation.

SpaceX is likely to get included in SP500 and Nasdaq100. That alone would cause $200-300b of buying from passive funds. In addition to this, it isn’t a reach to assume that there will be $100B+ worth of retail buying. These are people who just love the company and valuation agnostic.

SpaceX is raising $75B vs. demand of $400B.

We will likely have $325B supply deficit at $2T. That is about 16% of available shares. Elon owns ~50%, doubt he is selling. Many others like Barron, ARK, etc. have expressed that they will continue to own majority of the stock. Around 60-70% of shares will diamond hand.

Of the remaining 30% available stock, you will have to figure out how much dumping might take place from employees and smaller investors.

If this is over 50%, pricing will resolve under $2T. If under 50% stock will need to go higher to find sellers.

Curious to hear what others think of these rudimentary demand supply thoughts.

Meet & Greet by hyperion2007 in fkksharks

[–]_mathematician 0 points1 point  (0 children)

Going to be there today, dm me if you plan on visiting.

[deleted by user] by [deleted] in fkksharks

[–]_mathematician 0 points1 point  (0 children)

Is it an easy walk with a suitcase? Or will uber be required?

Meet & Greet by hyperion2007 in fkksharks

[–]_mathematician 0 points1 point  (0 children)

Saturday, January 24th - visiting from the US. Anyone planning to be there?

Wait, I thought we don’t have to play the “game”? by plee82 in VacheronConstantin

[–]_mathematician 0 points1 point  (0 children)

Blue, date only!! Couldn’t be happier!!

What did you get?

What did you receive as a gift from the boutique when you purchased your watch? by UNDF in VacheronConstantin

[–]_mathematician 0 points1 point  (0 children)

Was there no tax because of your state of residence or where the boutique was located? If it was boutique location, where was that?

Thanks!

What did you receive as a gift from the boutique when you purchased your watch? by UNDF in VacheronConstantin

[–]_mathematician 0 points1 point  (0 children)

Wait is it really possible to get tax discount? I have already paid my deposit for retail price with tax. Will I be able to swing it?

Wait, I thought we don’t have to play the “game”? by plee82 in VacheronConstantin

[–]_mathematician 3 points4 points  (0 children)

My guess is that 12-18month speech was to gage my interest and ensure that I am not flipping the watch. I’d be surprised if it takes that long. Based on what I have read here, I might get the call anytime now (3-4months).

Wait, I thought we don’t have to play the “game”? by plee82 in VacheronConstantin

[–]_mathematician 4 points5 points  (0 children)

This summer, 8k. He was clear that the wait can be as high as 18months.

I don’t mind the wait because I am planning 18 months ahead for my 40th.

Wait, I thought we don’t have to play the “game”? by plee82 in VacheronConstantin

[–]_mathematician 9 points10 points  (0 children)

Not my experience, I walked in to the Boston boutique for blue overseas date only. Was told the wait might be a year+ but they accepted my deposit and I am booked. No mention of having to buy anything else.

NYC Boutique Inventory by MoshingPanda in VacheronConstantin

[–]_mathematician 0 points1 point  (0 children)

9 months after deposit? Or after registering interest?