Welcome to the Colorado AR-15 Shooters Club Discussion Forums.
I've got 11 positions right now. BP, COP, CVX, T, BBL, MET, AFL, DE, CMI, VLO, and WFC. Got my first dividends ever recently, and for Dec got $26. Pretty good for an 11k portfolio, and much better than the 1% I'm getting with my "high yield" savings account. It just went up from 0.9% too, yipee!Originally Posted by Aloha_Shooter
I started with around $100 and was buying gold and silver jewelry at garage sales. I was able to sell the jewelry for roughly $1100, minus a couple of pieces the wife "taxed" me on. My mother had the misfortune of a tree falling on her Airstream trailer, and the insurance company totaled it. I used the money I made to purchase parts and fuel for transporting the trailer and repairing it after she purchased it back from the insurance company. It is not rebuilt to new, but looking at it would be very difficult to tell it has been repaired. After investing almost the full $1100 in parts, plus about 50 hours worth of labor(includes 4 trips to Albuquerque), she paid me $5500 (from insurance money). I used the money to pay off a 13.9% loan that was charging about $120 a month. Over the last 11 months or so, it has saved me about $1200, which added together is about $6700 from my initial investment.
If I can scrape another $100 or $1000 together, I think I'd like to play this game again next year.
If I drove a truck to and from work, id check the free section of Craig's each day before driving home. Aquiring cheap and finding someone to pay more is the key.
Last edited by Limited GM; 12-23-2014 at 18:59.
​"there's a smile on my face, but a demon inside"
Heck, I "might" buy little RSH CALL. Maybe turn 1000 into 95k?
Sub so I can turn 1k into more, which is the opposite norm for me!
My feedback http://www.ar-15.co/threads/81299-Tim
Quick update, the fund line resulted from the initial $1k for the purpose of this thread has translated to $24400/year passive income plus roughly 12k in capital gain.Kiss my butt, wallstreet!
PS. cashing out 60k against the same property to start damagefactory.com -- which so far is the riskiest bet.
Last edited by ChunkyMonkey; 12-24-2014 at 08:23.
Thats awesome. I wish we had the real estate market down here to do that. I feel lucky to get $500 a month out of a 5b/2ba house.Quick update, the fund line resulted from the initial $1k for the purpose of this thread has translated to $24400/year passive income plus roughly 12k in capital gain.
PS. cashing out 60k against the same property to start damagefactory.com -- which so far is the riskiest bet.
I currently have excellent credit, however, I just refinanced my house in the last month. I need a new credit card to get something going. Does anyone know if the hard inquiry for my refinance will pull my score down enough that I won't be able to be approved for a card that requires excellent credit?
Alternatively, I've started a business, and could also apply for a business card. When setting up a business line of credit, is my personal credit worthiness considered, or just that of my brand new business?
"There are no finger prints under water."
Quick update, the fund line resulted from the initial $1k for the purpose of this thread has translated to $24400/year passive income plus roughly 12k in capital gain.
PS. cashing out 60k against the same property to start damagefactory.com -- which so far is the riskiest bet.
Ah, you beat me by $8400 !!!
I only held 3.00 AMD FEB CALL @.02 it for 2-3 weeks on M&A speculations (rumor for BLX acquiring AMD new back Jan). I assume you held it for 1 year for "capital gains?"
I hope "Lisa Su Delivers."
Armature securities investor are typically seen and measured on their gain/loss metric from other type(s) of investors.
We should compare professional to professional.
When you have a good commercial real estate sales, Let me know. I will have few good 10x gains on TSLA PUT and S CALL soon.
ETA: posted on FB on AMD for evidence for my good friend who thinks securities investments are too low ball....
Last edited by MrPrena; 02-13-2015 at 05:02.
ChunkyMonkey. I appreciate your education on commercial real estate, but you should compare pro vs pro before bashing "wall street investors"Quick update, the fund line resulted from the initial $1k for the purpose of this thread has translated to $24400/year passive income plus roughly 12k in capital gain.
PS. cashing out 60k against the same property to start damagefactory.com -- which so far is the riskiest bet.
I usually just bring ideas here for 1000 investment challenge, and not post how big my wee wee is. However, hearing about wall st comment, I had to do this.
This is just a taste of what I will be posting 2000% gain on S CALL next week when you post about your commercial real estate sale (plus not knowing pro vs amateur wall st investors).
Evidence of Sprint 4 Out-of-Money-Call purchases on social media (blog) and chart. I paid about .11 cents (mar)?
Since it is now 5.15, I get 1.15 on my pocket for .11 cents invested? hahaha
(almost 1100% in 60days).
People like me must post stuff like this (evidences) on public blog/social media to cover my ass from...
Evidences submitted. (deleted/erased some specific option strategies on FB post. No free lunch)
ETA: One more thing to add. Please don't say "historical bull market" "any noob can do that". I am dying to short the near all time high market within 8-16mo, and I did better during the bear market.
Due to lower buying power at bear market, It is hard to believe to some intermediate investors who had 5+ career at a financial sector as CFA or CMT. However, if you look at the abs dP/dt, change is more aggressive than bull market slopes at lower dV.
Last edited by MrPrena; 02-13-2015 at 06:16.
Posting Permissions
Reply With Quote
