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Thread: Investing

  1. #61
    Don of the Asian Mafia ChunkyMonkey's Avatar
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    I remember when I used to be excited like you. In real estate, we use banks money. My 20% down on each of my portfolio comes back within 1 year. So that's 100% profit and from then on its like printing money. and that's only the dividend part. The value is another profit column although I don't look at them and i hate capital gain tax. In stock you mostly gamble on the value and minuscule dividend.

    And unlike stock gain which is considered as earned income. We file depreciation and lesser tax.
    Last edited by ChunkyMonkey; 08-27-2013 at 15:09.
    Quote Originally Posted by crays View Post
    It doesn't matter how many rifles you buy...they're still cheaper than one wife, in the long run.
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  2. #62
    Zombie Slayer MrPrena's Avatar
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    Quote Originally Posted by ChunkyMonkey View Post
    I remember when I used to be excited like you. In real estate, we use banks money. My 20% down on each of my portfolio comes back within 1 year. So that's 100% profit and from then on its like printing money.

    haha. good point.
    Investors/trader can invest substantially less than 20% and make all the gain too. This is why I love buy/write call/put options.
    I know people who flip houses, and do good on it. Yes, they do not invest entire 100% to gain % on it. However, I really wanted to buy more houses during 2009-2010. It would've been a good $$ for flipping those.

    Securities people can make $ during bull and bear market by shorting, buying inverse index, or play with options.
    I am sure real estate people can do that, but little harder during bear.

    These are basic options trading @ Fast Money Options Action.

  3. #63
    Don of the Asian Mafia ChunkyMonkey's Avatar
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    Flipping house is gambling too and many don't consider it as investment. I am talking about passive income on multi units.

    I don't do option. My last margin call was in 1997. Pulled out shortly after and never looked back.

    I hate working... And the whole point of investment is so I don't work. Watching the market, playing option, margin on 4 different monitors, waiting for Japanese market to open, or European etc 24/7 nonstop..those days are long gone.
    Quote Originally Posted by crays View Post
    It doesn't matter how many rifles you buy...they're still cheaper than one wife, in the long run.
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  4. #64
    Don of the Asian Mafia ChunkyMonkey's Avatar
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    We need to have Coar investor lunch.. It d be fun
    Quote Originally Posted by crays View Post
    It doesn't matter how many rifles you buy...they're still cheaper than one wife, in the long run.
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  5. #65
    Grand Master Know It All Sawin's Avatar
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    Quote Originally Posted by ChunkyMonkey View Post
    We need to have Coar investor lunch.. It d be fun
    count me in.
    Please leave any relevant feedback here:
    Sawin - Feedback thread.

  6. #66
    Zombie Slayer MrPrena's Avatar
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    Well, everything has a risk (i try not to call it the word gamble).
    Yeah one of my church member is doing exactly same thing you do. I think they own 16 unit complex, and >7 houses around 4 states. He is doing fairly decent. He has a property manager and etc etc.

    I am not working [for someone] at this moment. It might change. If there is a real beat up company who offers heavy ESOP/ESPP, 401(k) or start ups w/ huge potential, I am willing to work for $100/yr.

    You don't like looking at foreign or emerging market with 4 screen PC? I love doing that!

    Going back to investment side. I think I got greedy and did call/put ratio of 7/2 w/ heavy LONG on one of the stock. (still up about 70% on this specific stock)

    Hope I don't PIG OUT. LOL

    I will update how it goes around 4Q this year. Typically Aug/Sept is crappy month.


    Quote Originally Posted by ChunkyMonkey View Post
    Flipping house is gambling too and many don't consider it as investment. I am talking about passive income on multi units.

    I don't do option. My last margin call was in 1997. Pulled out shortly after and never looked back.

    I hate working... And the whole point of investment is so I don't work. Watching the market, playing option, margin on 4 different monitors, waiting for Japanese market to open, or European etc 24/7 nonstop..those days are long gone.
    Quote Originally Posted by ChunkyMonkey View Post
    We need to have Coar investor lunch.. It d be fun
    I am in!

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