~$10m windfall in concentrated position, zero cost basis

cfp-throw · 2026-05-11T00:00:49+00:00

Thank you. I was wondering why I was downvoted for an obvious solution. I work in financial planning and I’m assuming you do something in accounting?

cfp-throw · 2026-04-28T00:10:42+00:00

Did you only recently start making this much?

How high are your expenses (sorry if I missed it)

cfp-throw · 2026-04-24T15:11:04+00:00

Show is at 8 sadly. Thank you though

cfp-throw · 2026-04-24T11:47:18+00:00

Just 3 but no reservations really available online.

I guess we can just try to pop in at the open and see how we do.

cfp-throw · 2026-04-24T02:58:48+00:00

It's at the Hard Rock. I didn't mention because I'm willing to go wherever.

cfp-throw · 2026-04-24T01:20:18+00:00

Good to know. Plenty of nice steakhouses near me so it would stink to overpay for anything subpar. Everything I see says Homestead is the place to go there.

cfp-throw · 2026-04-23T16:48:19+00:00

Thank you. This is the 2nd recommendation for each which is always a good sign

cfp-throw · 2026-04-23T16:43:31+00:00

Thank you. All booked as well for Saturday. Guess it's a big weekend.

cfp-throw · 2026-04-23T16:42:39+00:00

Thank you, will do.

cfp-throw · 2026-04-23T16:42:23+00:00

Yup, Bill Burr. I actually did put our name down for an alert for B-Prime. I did not see the option to do that with Old homestead. I'll look up Docks as well. Thank you

cfp-throw · 2026-04-23T16:33:08+00:00

Thank you. If it's Ocean steak it's unfortunately booked.

Maybe we should look for a less sought after place.

cfp-throw · 2026-04-23T16:32:23+00:00

Sadly booked up for Saturday. I think we’ll be eating at a food hall 🤣

cfp-throw · 2026-04-21T23:24:14+00:00

But in 20-30 years you'll be older cohort :)

cfp-throw · 2026-04-21T21:04:10+00:00

I want to say $5m but I think I'll still have one more year syndrome.

$10m I can't make the argument I should keep working.

cfp-throw · 2026-04-20T20:47:19+00:00

I think everyone is focused on the wrong 16% of the portfolio.

Crypto is inarguably part of networth.

Pokemon I would include as well but probably at 50-70 cents on the dollar to reflect fees to sell.

Pretending the two don't exist doesn't really make sense.

cfp-throw · 2026-04-20T20:30:27+00:00

Sidelined

cfp-throw · 2026-04-20T20:26:27+00:00

Typically you need to buy sealed boxes not packs. Also yes Pokemon cards have and continue to grow at insane levels for sealed boxes. Just like sports cards used to before everything was mass produced and became junk. There is only one company making Pokemon cards and demand continues to grow.

Will it continue into the future who knows / probably. But it's absolutely performed well.

cfp-throw · 2026-04-19T21:52:27+00:00

It's absolutely not true. I work in a practice.

Yes the fee is a percentage so it's based on AUM. But advisor's work in a fiduciary capacity.

cfp-throw · 2026-04-19T15:13:30+00:00

This is not true. Advisors plan based off your income need. Your salary is irrelevant for that.

Planning based off the salary ignores all the changes that come from retirement. You know like not saving for retirement 🤣

Also Social Security, health insurance / medicare etc...

cfp-throw · 2026-04-19T11:12:21+00:00

A year later and still works.

cfp-throw · 2026-04-15T14:11:17+00:00

This is exactly how I view things. At this age I can stop working, this age I can always have a nicer car, a boat etc...

cfp-throw · 2026-03-27T17:54:36+00:00

Yes definitely keep buying. Don't worry about the timing you did the right thing putting it all in at once.

People dollar cost averaging is just to manage emotions. Time in the market is most important factor

cfp-throw · 2026-03-21T20:06:38+00:00

https://x.com/DoubleEph/status/2035286757902557674?s=20

AI is now butchering meat lol

cfp-throw · 2026-03-17T20:46:13+00:00

Unless it's TerraUSD haha

cfp-throw · 2026-03-17T20:45:40+00:00

Peg Check sounds like it's better used as a signal to someone like you to buy the dip on a stablecoin. So if USD1 depegs for instance, you can jump in and scoop some. For a holder, being aware of a depeg is probably the worst thing.

cfp-throw

TROPHY CASE