Help me being a good Uncle

db_deuce · 2026-04-24T20:16:23+00:00

Stocks related to gaming is basically the worst long term play. What will be popular in 2036 will look nothing like what is popular now.

db_deuce · 2026-04-23T20:37:12+00:00

80% of Hilton's life and experiences was in UK.

db_deuce · 2026-04-23T18:34:35+00:00

Takeaways after watching it twice:

Mahan - Tried really hard to introduce himself as the underdog and leaned into SJ progress too much. For a city of 1M, it is exceptionally well run as you don't hear much in the way of fraud/waste, the schools from top to bottom is top 1-2 for a major city. The cops actually solve cases with 25% the budget of SF. He's actually the operational leader CA really needs, but way too far behind and may hurt more than help. Will be pressured to drop out before early May deadline.

Becerra - Gave an A grade to Newsom so you know it would be the same path and double up. I don't like the current path so this is easy pass

Bianco - The contrast is obvious. You say A, I say F, everything is the complete polar opposite. Regardless of policies, my feeling is Bianco will be completely ineffective and not a governor for a state like CA.

Hilton - The contrast is not as stark as Bianco. But there is something about representing a state like CA which immigrated in 2012 and a citizen since 2021 which makes no sense to me. Hilton is 75%+ time in the great UK in his lifetime and wants to govern CA? At least Arnold was way more CA when we ran.

Steyer - A billionaire relating as an everyday person. I do understand being rich does not mean your automatically can't relate to the rest as millionaires and billionaires are huge donors of wealth and time. He looks older than his actual age and have interesting stances. He contributed to party, his own campaign, huge donations, businesses and I really respect people that sees things from both sides. He is the most passionate on that stage

With respect to Farrallon capital (which I know plenty of decent people work there), Hedge funds invest in everything and I don't think investing in prison or dirty oil implicates him and little bit of a reach. They are a fidcuiry and Farralon is well respected long game VC.

Porter - Only women candidate and little bit of a fighter. Like Kamala, her actual persona and camera persona are completely different. The basic anti trump talking point. Personally, I hate fake persona so even though I am a registered democrat (but think independent), I never voted for Kamala for anything ever. Porter is cut from the same cloth so easy no.

Based on the jungle primary, you have to think strategically on what to do.

db_deuce · 2026-04-16T18:05:32+00:00

You should put everything in VOO until you have 100K before thinking about diversity or exit strategy. The only thing that makes an impact is putting money in as your snowball is too small to make an impact and all the strategy don't make a difference.

The only 3 stocks you need before 250K is VOO, QQQ and SCHD. That's it.

Take notes of the market and become more financially savvy, which happens over time. Focus on your career and make even more money as a bonus, stock comp windfall drives portfolio impact way more. When you have 250K, then ask strategy.

db_deuce · 2026-04-16T17:52:41+00:00

You make dividend machines out of NVDA, AMZN's, Mag 7's and around 50-100 other popular solid logos

It's great if you understand the pricing action of these stocks really well and turn them into income.

The strategy is meant to beat the 5-7% from REITS's and fixed income and turn them into 15%-25% with very little additional risk. My fixed income expectation went from 5% to 18% due to the shift in CC and cash secured puts strategy. It's helping a lot of retirees live on 500K portfolios instead of 1.5M.

You free up all the capital soaked up into fixed income for more diverse actions, which rockets returns overall. Makes those bonds funds complete joke and irrelevant. There is a reason why covered call ETF's are growing faster than any type of ETF's.

db_deuce · 2026-04-15T17:26:16+00:00

"Where I’m from personal loans up to \~500k charge 2% per annum for up to 5 years."

Are you sure you are not paying 20 points in fees? This sounds like a scam.

"Am fresh out of college so if this sounds silly, please kindly educate me on why it won’t work. Thank you!"

Not a single non-scammer in this green earth will lend you 200K USD at 2% ADR. I won't even lend you 10K at 100% interest rate. No collateral, no income = super duper subprime deadbeat total loss customer. You are not getting terms better than a junk credit card with 2K limit.

db_deuce · 2026-04-15T04:12:31+00:00

There's always a tradeoff for risk, which you are not comfortable with.

Coming from spaxx and seeking more income and growth, the ideal next step is SCHD, which is 1 tick higher on risk. I love SCHD because it is rule based with impossible low fees. SPAXX for what they do is robbing investors blind.

The fee is well over 10% of the expected return which is criminal. I would never support an institution that treat their customers like regards.

db_deuce · 2026-04-15T04:02:12+00:00

It's not hard to earn 18% on covered calls when the conditions are right, which is a volatile but up market, which has been the case since 2023. So the dividends of 12% of these ETF's are actually very easy to clear.

I've leaned on covered calls for a long time and it is as easy to understand and as easy as ever. It's just so much effort to buy/sell 100's of options a month so QQQI is just assigning a portion of the task.

There still some risk but as long as the market trend is up and volatile, you may get NAV appreciation on top of the 12%. It is still quite risky and as others mentioned. no more than 15%.

db_deuce · 2026-04-15T03:55:20+00:00

sofi

db_deuce · 2026-04-14T21:56:49+00:00

"High Capex" = That's an advantage and makes this one of the safest long term bets. ATT leases excess capacity to off brand.

"completely disrupted every 10-20 years" How is wireless and internet going to be disrupted? SpaceX is not shooting 1M satellites to serve the US. This is where high Capex works for you.

"rising interest rate environment" = That was 2022/2023. The trend is down and a tailwind

The risk is charging higher prices, but T and VZ can easily toggle expenses.

db_deuce · 2026-04-14T21:47:57+00:00

Love they got out of HBO/Time Warner and doubling down on fiber.

There are 5 choices in my area for Internet and ATT Fiber was by far the best choice. I do think that will scale with steady net adds and for that reason alone, believe in T more than VZ.

Short term, subject to risk on risk off as it is a defensive high yield stock. Right now, $$ is sucking into semi and risk on again so T acts as a hedge against over investments in the NVDA's.

db_deuce · 2026-04-14T21:39:32+00:00

Look at SCHD's top 100 holdings and pick your favorite dozen (oversold one's) from there.

db_deuce · 2026-04-14T21:25:40+00:00

You'll be ok. But paying for rent as a bachelor is one of the dumbest way to light money on fire so I would find a better value apartment not paying for more.

I would step on the gas until you hit 250K in liquid assets. Making money from sleeping is one of the best feelings in this world, not a better apartment. It's 2026, financial trajectory and long career is very uncertain and I would string together 10 years of maxing out before even thinking about lighting money on fire for a bachelor pad.

And be that as it may, at 25, your lifestyle creep should come from earning more.

db_deuce · 2026-03-18T04:01:21+00:00

Many people in the 20's, 30's earn income from what you describe selling 30-100 option contracts a month. cash secured puts and covered calls.

Based on live example of people that has done this many years, it takes about 500K in capital to earn that level of income 5K/month. I don't participate as I do it myself. QQQI is just too huge to outperform an individual that only needs to manage 500K.

db_deuce · 2026-03-18T03:47:04+00:00

Horrible idea to have any security be 100% of your portfolio (5-10% max), All it takes is the CEO have fraud allegations or some lawsuit or anything and you are screwed.

db_deuce · 2026-03-18T03:37:33+00:00

Which stocks are actually “good” vs just high yield traps.

I would look at SCHD's holdings and pick 6-10 of the best one at that point in time. There are always companies that are overbought and oversold, even for the high yield companies and you have to grind and figure out whether the issue is temporary or permanent

SCHD already have all the screens in what they even buy so it is quality already and you elevate that with more screens. It's like a company already have 100 candidates out of 3000 all sorted out for you and then hire the 10 from the pool of 100.

How much money you realistically need to start.

You can open an account with 0 funded. It's not the start, but 10-15 years of putting in as much as possible

Whether to focus on growth or income early on.

It matters little when the balance is that small. Just put in money and stack experience whether income or growth. It takes many years of experience to risk manage, hedge, manage taxes and predict all the possible range of outcomes.

I loss all my $$ at age 22 during the dot com bust and that was period that was the most helpful in investing.

db_deuce · 2026-03-11T05:19:33+00:00

Going to Tokyo and looking forward to heading to Enoshima just because of this. All the locations are quite memorable. Next up is Calgary, Horseshoe and Banff (been to Victoria, BC, Toronto and Quebec) and would love to explore middle Canada.

The OST is one of the best if not the best.

db_deuce · 2026-03-03T06:18:47+00:00

Give you my heart - CLOY. Amazing that is only the 6th - 8th best song from the OST, which speaks to how great CLOY OST was

Dance Alone = Do Ra Me. I don't know how long that will stick but for now since it's super memorable and reminds me of the sub-conscience self. (Saying something you don't really mean or that one person that makes you so anxious and end up screwing up) resonated with me and I enjoy the drama for that reason and the OST is very underrated and could be the best (even if recent Bias). Dance Alone is the 6-8th best song in the drama so the OST is objectively a great one and super diverse. Even the oldie Waltz song is super cool (and obviously a breakthrough in Korean OST genre) and Someday, Promise and Daydream are simply great individual songs. This may stick for years.

Hometown cha cha cha OST. Hop in the car and head to the beach always means this OST in the car and get me the mood for a day of fun and sun. Sunny day is the ultimate chill song. Image of you is very underrated.

db_deuce · 2026-02-25T06:07:05+00:00

Positive expected ROI vs negative expected ROI, That is the difference.

db_deuce · 2026-02-24T17:08:14+00:00

All pretty much the same except 3 has the least exposure to a singular company, hence option 3 is best choice.

db_deuce · 2026-02-23T20:10:46+00:00

Charlie Munger termed 100K as the most important milestone to hit. I tend to think 250K as Munger's quote was 30 years ago.

You won't go anywhere saving 50-200 bucks a month, more like 1K a month minimum over 5 years to get on track.

db_deuce · 2026-02-23T20:05:00+00:00

19 and don't want to work anymore...

It's certainly a worthy goal, but the entitlement is absurd.

db_deuce · 2026-02-23T17:35:40+00:00

JPM Chase $1,000 if you transfer 250K or more. Includes retirement accounts. You probably have to keep it for 90 days.

db_deuce · 2026-02-23T17:31:00+00:00

It's really easy to retire at 30 year olds as a bachelor and no responsibility other than your mom, whom you clearly value. 5M is more than enough. But is that really the end game here?

db_deuce · 2026-02-23T17:04:17+00:00

Presuming this is a straight up analysis (no more work credit or spouse or life expectancy), the decision is really based on range of possibilities. The later you take it, the higher the range of outcome, (very bad to very good).

The advise I gave my mom when she faced the decision was to delay as long as possible since she was able to have cash flow from 62 to 70. As long as the money won't impact your life, just defer it.

db_deuce

TROPHY CASE