Dude. Cash out when you’re up 100 million maybe? Or like…10% of that amount? You’re taking fucking *loans* out against your position when you could just cash out and you know…not do that? Sounds like he was a r/wallstreetbets user that didn’t know what he was doing.
And he wanted to turn that money into assets to generate “passive income”. My man, you’re up $450 million. The house always wins. Know when to take the fucking money – you would have already set your great great great grandchildren up to be wildly rich. That’s like selling a Point Grey mansion to invest in timeshare condos in Mexico.
Inevitable-Click-129 on
Good luck…
Aggressive-Yellow-70 on
GUH
JadeLens on
Sounds like he should be suing Musk.
Nero92 on
Yeah..wtf…dude get 88k to 5.5 mil and doesnt cash out at least part of it? Then it balloon to hundreds of millions and you don’t cash out to reinvest into less volitle markets? Just what?Â
afoogli on
He wanted to ride the wave than got burned when the market turned, zero chance he wins this
fross370 on
I mean, at 100 millions, just sell it, put it in a safe etf and live your life?
CitySeekerTron on
One way to not be that stupid is to sell 100M worth. That way, even if you lose you’re still 100M ahead.
I’m happy to consult anybody with the power of my wisdom for a nominal fee.
Repulsive_Sample_127 on
So this dude could have put 450 million in spy and just lived off 20-30 million a year lmao what an idiot.
jontss on
Going after the bank for money after his investment didn’t work out? Must be a landlord.
11 Comments
Sir, this is a Wendy’s
Dude. Cash out when you’re up 100 million maybe? Or like…10% of that amount? You’re taking fucking *loans* out against your position when you could just cash out and you know…not do that? Sounds like he was a r/wallstreetbets user that didn’t know what he was doing.
And he wanted to turn that money into assets to generate “passive income”. My man, you’re up $450 million. The house always wins. Know when to take the fucking money – you would have already set your great great great grandchildren up to be wildly rich. That’s like selling a Point Grey mansion to invest in timeshare condos in Mexico.
Good luck…
GUH
Sounds like he should be suing Musk.
Yeah..wtf…dude get 88k to 5.5 mil and doesnt cash out at least part of it? Then it balloon to hundreds of millions and you don’t cash out to reinvest into less volitle markets? Just what?Â
He wanted to ride the wave than got burned when the market turned, zero chance he wins this
I mean, at 100 millions, just sell it, put it in a safe etf and live your life?
One way to not be that stupid is to sell 100M worth. That way, even if you lose you’re still 100M ahead.
I’m happy to consult anybody with the power of my wisdom for a nominal fee.
So this dude could have put 450 million in spy and just lived off 20-30 million a year lmao what an idiot.
Going after the bank for money after his investment didn’t work out? Must be a landlord.