Recent content by moneymaker

  1. M

    Finally gave in….first crypto purchase today

    Couldn’t someone at vanguard or fidelity take your money too? This forum sounds like what folks were discussing when the stock market was invented. Just look at the historical returns of Bitcoin the last 10 years.
  2. M

    Beach house short term summer rental Income account

    That's not a bad idea right there. Basically, April - Sep is where I get all the income for the next 6-7 months, so you're right, it might be best going ahead and paying the mortgage. My rate is 2.87% which is really good, but it would hurt to pay it ahead of schedule. Thanks for the tip.
  3. M

    Beach house short term summer rental Income account

    Hi all, We own a beach house as a second home and it brings in about $60k/year in income - about $50k after management fees. I currently keep all the income in a savings account, but I've started thinking what other options I could explore that would generate a little higher yield, but I...
  4. M

    Army Officer 4 1/2 years out from retirement - maybe...

    Schenbew: Thank you so much for the information you provided. Definitely gave me some additional things to think about. I hadn't thought it through as much with regards to the income streams and when to take withdrawals, so thanks! Also, a big YES for the beach house and bragg. We just...
  5. M

    Army Officer 4 1/2 years out from retirement - maybe...

    Hi all, I've been on this forum a few times over the years and gotten great advice. Just a little update from my foxhole. Had quite a few changes in the last 18 months that I wanted to share. I pinned on LTC/05 last June of 2020 and am currently sitting at just over 15 1/2 active and 17 1/2...
  6. M

    Hi and I want Go-Big-Or-Go-Home Investment Ideas for My Roth IRA

    This is the way to do it! 5-10% of portfolio and 1 is all it takes. Artificial intelligence Genetics Electric vehicles Blockchain and crypto Tele health or TDOC Just two years ago I started taking more risk with 25% of my portfolio and it’s worth it. I’ve probably got 70 holdings right now...
  7. M

    This is why

    Agree! 100% agree. Even a 5% allocation of ones portfolio to early stage micro cap companies, crypto, whatever, can seriously increase ones portfolio and overall net worth. The risk to reward is a no brainer IMO. It only takes 1 or 2 Tesla’s or apples to be life changing.
  8. M

    High growth stocks and shift from growth to value

    Since late Feb 2021, growth stocks, particularly small and micro cap have gotten crushed. Many down 40-50% from highs. Now from oct 20 to feb 21, they had gotten out of control too so a correction is healthy but we are 6-7 months into this and they are still bleeding out. I know I hear a lot...
  9. M

    WKHS - Looking for opinions

    Boy, this was one shady contract awarded to Oshkosh. POTUS comes out and basically says All electric government fleet and 2 weeks later, USPS awards a contract to OSHKOSH who didn’t even have an all electric vehicle. Anyway.....I had over 6k shares at $2.50-$2.80 avg....so I may have an...
  10. M

    What an investment in Tesla can do...

    Delivery is 5-12 weeks tops. Have a 2020 long range model x. Great, safe car. Fun to drive. Literally no maintenance. Plug in at the house and always have a full tank of “gas”. Missed out on Tesla stock though. But made 1000% on an $18k investment in workhorse (wkhs).
  11. M

    FOMO is hitting the streets...

    Great insight and I appreciate it very much. EV and 5G or those that support are def hot sectors. I’m invested with both and have made a lot of money but was curious as to how do you know or what triggers are there that make someone get out. You def gave me some things to think about. Thx
  12. M

    Non tax Rich, Taxable Poor

    Hi, Kind of the same situation. We have about 97% of our investable assets in retirement accounts. Now I will get a pension at 44, we are 38, but I’m more concerned with growing our taxable accounts. Basically I card back my 401k contributions to 5% of my pay and my wife’s to the minimum...
  13. M

    Share Your FIRE Milestones - 2021

    Army officer here. Hit $750k in investments this week. Most of that in retirement accounts though. Have another roughly $650k in real estate equity. Pretty happy with our success. Cheers!
  14. M

    FOMO is hitting the streets...

    I’m super bullish for a few reasons: more money into the economy than 2008 and another stimulus on the way, lowest interest rates in history, just had a “recession” from mar to whenever but now have new highs, vaccine rolling out, and corporate profits are breaking records, and...
  15. M

    Bitcoin at new all time highs!

    Bitcoin and altcoins are in an uptrend and will be for a while. They are also becoming so much more mainstream and really becoming a real form of a hedge and part of the monetary system. Not sure why anyone that cares much about growing their portfolio at all wouldn’t atleast have some...
Back
Top Bottom