Investing General Discussion

TJT

TJT

Mr. Poopybutthole
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Gravel said:
I don't even know how you worker bees get up early, commute, go to meetings, and all that other retarded shit. I mean, I know I used to do it too, but it honestly just seems so foreign to me. Knowing what I know now, if I did for some reason go back to work, my tolerance for all that would be so low that I'd either get fired or quit pretty quickly I think.
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I have 5 to 7 years before I can walk away in the way I want to walk away.
 
Cad

Cad

scientia potentia est
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Gravel said:
It's definitely a massive leap.

And there are phases of it, especially starting out. It'll feel weird knowing everyone else is going to work and you're going to wonder what to do with yourself. Eventually you start adjusting after a year or so.

I'm 4 years in (this week) and I can't even imagine working again. I just kind of do whatever and the idea of being beholden to someone else's schedule sounds retarded. I still keep some stuff scheduled, like I workout 6 times a week and generally do it the same time of day. I try to play drums for about an hour daily (and I do drum lessons every other week). Usually I'll watch some TV with the wife between 6 and 9pm. Walk the dogs once a day.

I don't even know how you worker bees get up early, commute, go to meetings, and all that other retarded shit. I mean, I know I used to do it too, but it honestly just seems so foreign to me. Knowing what I know now, if I did for some reason go back to work, my tolerance for all that would be so low that I'd either get fired or quit pretty quickly I think.
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I keep telling people this when I talk about retirement, they're like "what are you going to do?" and I'm like, "whatever I want, thats the point."

I've been gradually slowing down work, so I've been getting more and more free time. Sometimes I go visit my kids during the day, sometimes I go play ball or go to the gym in the middle of the day. It is so freeing just being like "what do I want to do today" not "what can I fit in the 2 hours free I have today between all my obligations."

Having money essentially allows you to live life for you and whatever you choose to do rather than NEEDING to do this or that to make sure you keep enough money coming in to survive. It's a very sharp turn in thinking from how we've lived most of our lives.
 
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Synj

Synj

Dystopian Dreamer
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IMG_7129.jpeg

I think I’m starting to understand how people jerk off to weird shit now. I’m addicted.
 
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Rangoth

Rangoth

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Tread carefully. I was seeing this pop up in various circles for weeks and finally decided I’d go for it at the first sign of the shift. I posted but it was 1$ and I immediately sold the call at that strike. Made 14%. Could have made 900% lol at absolute peak. But my ability to time that shit and I’d end up losing money. With the meme stonks and short squeezes if you don’t get in right away just wait for the next cycle. I also switched to selling covered calls on shares which still gets good money and if you keep the strike low it’s a pretty good chance you will be called, which is what we want.

zero desire to hold shares of fake meat company. But these events are not once in a lifetime any longer. They are technically once a day if you have the inside scoop or at least monthly if you follow the retard wagon on Reddit.

for example in the above screenshot. He is most likely fucked. But it is possible there is another retarded spike where he can bail. Much higher chance he’s holding soyburgers for 1-2 years trying to scrap back 80cents via covered calls or something.
 
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Synj

Synj

Dystopian Dreamer
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Rangoth said:
Tread carefully. I was seeing this pop up in various circles for weeks and finally decided I’d go for it at the first sign of the shift. I posted but it was 1$ and I immediately sold the call at that strike. Made 14%. Could have made 900% lol at absolute peak. But my ability to time that shit and I’d end up losing money. With the meme stonks and short squeezes if you don’t get in right away just wait for the next cycle. I also switched to selling covered calls on shares which still gets good money and if you keep the strike low it’s a pretty good chance you will be called, which is what we want.

zero desire to hold shares of fake meat company. But these events are not once in a lifetime any longer. They are technically once a day if you have the inside scoop or at least monthly if you follow the retard wagon on Reddit.

for example in the above screenshot. He is most likely fucked. But it is possible there is another retarded spike where he can bail. Much higher chance he’s holding soyburgers for 1-2 years trying to scrap back 80cents via covered calls
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I made like $1500 between BYND/ATCH/DVLT but nothing more than a few hundred bucks at stake. I’d never put real money in these things even though I know you could make crazy money. I’m doing fine and I’d seriously lose my shit if I blew $50k on this.

Speaking of covered calls, anyone have any money in BTCI or BLOX (not cc)?
 
Haus

Haus

I am Big Balls!
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Cad said:
I keep telling people this when I talk about retirement, they're like "what are you going to do?" and I'm like, "whatever I want, thats the point."

I've been gradually slowing down work, so I've been getting more and more free time. Sometimes I go visit my kids during the day, sometimes I go play ball or go to the gym in the middle of the day. It is so freeing just being like "what do I want to do today" not "what can I fit in the 2 hours free I have today between all my obligations."

Having money essentially allows you to live life for you and whatever you choose to do rather than NEEDING to do this or that to make sure you keep enough money coming in to survive. It's a very sharp turn in thinking from how we've lived most of our lives.
Click to expand...
I'm starting to look more and more at that. My current gig is one where I get enough time during the "work week" to do other things, while it still being a full time gig.

But more than just "stop working" I think retirement for me is going to look like "Doing something I want to do without needing to worry about how much it pays." I'm too much of a "working breed dog" to not be doing something, I saw how my grandfather went downhill once he stopped having anything in particular to be doing.
 
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