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I respect every sentence you said right there. :flowers:

Sure. Everything is a "show off".

That's why I said "that's one of the reasons". I think I covered my b_tt right there (i.e, being political correct). See, it seems to be so important nowadays to speak P.C. all the time, every time, everywhere. Cover all the basis, otherwise, people call you out on it. How tiring.

It seems to me that's one of the reasons why "the less fortunate" folks are staying where they are. They don't want to hear it, to learn & improve, they resent, they steer "the successful" folks away from sharing how they get there so their feelings won't get hurt. As a result of all that...

Purchase something to cheer myself up.

Is it us to be blamed? Or the jealous ones? I'm not saying the current "social norm" is either right or wrong, it is what it is. We don't get to define that. Another example: A very successful friend of mine (RE agent), shared his new house, 4-5 supercars, trips to Europe with his family...

What watch? I'm wearing the same SEIKO for the last 20 yrs. :greetings10:

I agree. It's so sad we can't even talk about it openly and get socially accepted without worrying about envy, jealousy, anger, or resentment. Even in an anonymous Internet forum.

That's exactly my feeling. I don't hear others talk about money & success in real time. I do share, but only with 2-3 close friends whom I know are at the similar level. Apparently, being financial success is not something we can talk. Usually it comes down to: "It will make other people...

Financial "Success/Secrets" you only share with strangers but not families/friends What are some of the financial "Success/Secrets" you can only share with strangers here but not families/friends because the risk of envy, jealousy or unwanted attention. For me, that is: I made $4m last year...

Nothing's selling on my block. My house topped at $1.6m. Now it dropped to $1.4m (estimate). San Diego (VHCOL area). Demand is still high even though interest rate hiked and less qualified buyers out there.

Investments -22% YTD, NW at $20M as of 8/2/2022.

My ROTH IRA reaches $1M.

Does your retirement planning account for Social Security insolvency? Yes, I plan on it going to zero. By the time when I am qualified, it's fine if it's available. It's also fine if it's not.

2021 End of Year The overall portfolio increased 47% in Total Balance. $23.2M NW

Congrats! You will probably get there in 2-3 years.

Great question. I thought about it all the time. My current situation is: I like to own the best house my budget allows. $5M or less, $5000 sqfts, at least 5 bedrooms. I'm willing to put 20% of my money in this house because my family can enjoy it everyday. Certainly, it's a luxury item...

Ate at Ding Tai Fung with my wife. Walked at an outside mall, bought some bakery and drinks. Just chilling.

I wouldn't know when to take a profit if I've invested in a mutual fund. It's hard to gauge if all the companies in the fund are performing or underperforming... However, for stocks, it's clear. If the stock is no longer performing according to my expectation, it's time to let it go. By...

I do covered calls on individual stocks in my tax-deferred and ROTH IRA. I hate paying taxes and/or getting my covererd call assigned. Why Individual stocks? Because I like higher Implied Volatility (IV). e.g. Tesla IV = 66.6 at the moment Nvidia IV = 41.8 at the moment VOO IV = 11.8 at...

Congrats!!

Yes, I agree. I recommend others to just buy Index Funds (e.g. SPY) and don't bother buying individual stocks. I was an Index fund guy also until I discover Tesla's potential and growth. I have done my homework and studied deep into Tesla before committing my initial $1M investment into it...

Not that much. 19k Tesla shares, the rest are spread out among other investments.

I have very little cyptos. Mainly Tesla and Nvidia stocks.

No secret. I have a modest-sized position in Tesla.