Investing General Discussion

Rangoth

Vyemm Raider
2,151
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her numbers seem quite aggressive but earning 1500 a week via CC isn’t really that challenging. one could ”easily” do that with sub 200k

i mean, you could daily wheel the SPY with CC/CSP for 500+ a day with 200k(400ish shares). I support her vision, it’s better than people door dashing daily. Plus as long as she does CC on a decent ticker above her cost basis she won’t ever lose, maybe not hit her replacement in 1 year, but at least not lose. I bet she could earn 1.5k a week via that strategy in 2-3 years if she adds funds to the account
 

Khane

Got something right about marriage
21,227
15,129
her numbers seem quite aggressive but earning 1500 a week via CC isn’t really that challenging. one could ”easily” do that with sub 200k

i mean, you could daily wheel the SPY with CC/CSP for 500+ a day with 200k(400ish shares). I support her vision, it’s better than people door dashing daily. Plus as long as she does CC on a decent ticker above her cost basis she won’t ever lose, maybe not hit her replacement in 1 year, but at least not lose. I bet she could earn 1.5k a week via that strategy in 2-3 years if she adds funds to the account

She's talking about replacing her income, immediately, with the initial investment of one week of her paid maternity leave. And your takeaway is "pfft thats easy as long as you already have a fairly significant portfolio and you bet all of it weekly!"

?????
 

Cad

scientia potentia est
<Bronze Donator>
29,087
65,536
She's talking about replacing her income, immediately, with the initial investment of one week of her paid maternity leave. And your takeaway is "pfft thats easy as long as you already have a fairly significant portfolio and you bet all of it weekly!"

?????
$1500/wk is $78k/yr, with $200k thats "only" a 39% return. And that "isn't that challenging."

Anybody who says that kind of shit should be a billionaire. If you're not, you're full of shit.