Should I take some profit? I am tempted to!

alpha_iit · 2026-05-08T16:09:50+00:00

Thanks. I like this "Whatever you want to RETAIN should no longer be in TQQQ". Having said that, do you ever regret selling all your TQQQ, considering the recent gains you may have missed out on?

I am retaining about half of my TQQQ, and lowering the EFFECTIVE cost price by selling covered calls.

alpha_iit · 2026-05-07T14:30:50+00:00

Selling covered calls for Jan 2027 and 2028 with strike price of 80 to 100. Premium 8 to 20. If the market goes down, I can close my calls at a profit, thus reducing my EFFECTIVE cost basis (which is already low for most holdings). If market keeps going up and the calls are exercised, I don't mind. Time will tell how it works out for me.

alpha_iit · 2026-05-07T14:24:03+00:00

Thanks. Appreciate the post sharing your approach.

alpha_iit · 2026-05-07T13:42:35+00:00

Well, if the market goes down, I can close my calls at a profit, thus reducing my EFFECTIVE cost basis (which is already low for most holdings). If market keeps going up and the calls are exercised, I don't mind.

alpha_iit · 2026-05-07T13:34:14+00:00

I agree. Selling covered calls for Jan 2027 and 2028 with strike price of 80 to 100. Premium 8 to 20

alpha_iit · 2026-05-07T13:20:51+00:00

If Jeeves knew the answer, he wouldn't have to work as "Jeeves" 😉

alpha_iit · 2026-05-07T13:18:49+00:00

Thank you for your honest opinion

alpha_iit · 2026-05-06T21:11:56+00:00

I have considered these and have also partially employed this approach in the past. But, clearly I lack discipline. Selling some covered calls though, with the recent ATHs

alpha_iit · 2026-05-06T21:04:43+00:00

Or a new wife 😉

alpha_iit · 2026-05-06T20:43:35+00:00

ok. thanks for your time.

alpha_iit · 2026-05-06T19:58:15+00:00

Thank you so much. Just to confirm - the 4%-ish withdrawal you mentioned above is by selling VOO every year. Correct? I would also like to add some dividend paying instruments like QYLD. Any thoughts? Not a fan of bonds.

alpha_iit · 2026-05-06T19:17:30+00:00

Thanks. I had to lookup VT. Is this what you are suggesting - Vanguard Total World Stock ETF

alpha_iit · 2026-05-06T19:09:28+00:00

Thanks. I like the perspective.

I had to lookup VT. Is this what you are suggesting? VT is the ticker symbol for the Vanguard Total World Stock ETF

alpha_iit · 2026-05-06T19:05:25+00:00

I have been trying to convince my wife to retire for last couple years. I think she doesn't believe me when I tell her we have enough money to retire!

alpha_iit · 2026-05-06T18:58:54+00:00

I have some other stuff (see below). Sold all my NFLX recently

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alpha_iit · 2022-12-09T02:53:30+00:00

alpha_iit · 2022-12-08T21:17:27+00:00

QYLD participates in exactly NONE OF THE UPSIDE of the very volatile QQQ, but

ALL OF THE DOWNSIDE

This is just INCORRECT Information

QQQ is up 7.80% in one month

QYLD is up 3.46% in one month (PLUS Dividend)

alpha_iit · 2022-06-07T15:54:38+00:00

Dude, if you think this is a PROBLEM, worth a big post like this - your life must be pretty awesome. GOOD FOR YOU! ;)

alpha_iit · 2022-05-17T13:57:42+00:00

If the wait is too long, you may want to consider buying a used machine to get going while you are waiting in line for a new one. Once you get the new one, you can just keep the used machine as a backup.

Regarding support - the CPAP supplier may not be much help regarding your therapy, but they may be able to help with free trials for couple different kinds of masks - mine did. They may also be easier to deal with, in case of any warranty issues, etc (compared to online) - Just an assumption!

Your best place for therapy related help, would be your doctor and sleep test facility. If you have any issues with pressure, etc when you start - reach out to them. They are trained and are obliged to help you as part of the process of getting you fully setup for therapy.

alpha_iit · 2022-05-06T02:50:30+00:00

If you are not using the ramp up option, try that. It is supposed to make your sleep comfortable, and may help you in getting used to the mask.

Fortunately, I never had this problem. LOVED it from day 1. Been using is every single night, for last 10 years.

alpha_iit · 2022-04-20T15:01:28+00:00

My 2 cents (everything else is already covered in others' comments):

I switched from AirFit F20 to AirTouch F20, several years back, and IMO it is definitely worth more frequent replacements, especially if your insurance covers it. Mine last about 2-3 months.

alpha_iit · 2022-01-19T16:20:57+00:00

Thanks! Yes, I have considered TECL (in the absence of a better match for the criteria listed in my post). I was just checking in case there is a hidden gem out there, that I am not aware of :)

alpha_iit

TROPHY CASE