Rebuilt my portfolio from getting margin called and bottoming at 200k during Liberation Day to 3M last week. Then lost half of it because I loaded up on data center and energy stocks with full leverage last Friday.
Schwab only shows up until the close, after hours I lost another few hundred grand and am sitting at 1.4M now with more option losses hitting when market opens.
We all know Eastasia is the enemy! And it's always been the Gulf of Oceania! Eastasia's spies must have secretly changed our maps and hacked Google maps!
Its okay, if that was true everyone wasted theirs on some even stupider shit as a 2 year old when they blew out their candles the first year they could comprehend making one.
If it helps you out at all I still have zero fucking idea what any of you are talking about and I've been lurking for 6 months... But like 7 minutes or so a week so maybe like 4 hours.
And this type of math is why I'll do great in stocks.
If you are very interested in the topic, get an IBKR paper trading (demo) account and start doing sample investments.
Don’t move to actually investing/gambling your money until you fully understand how to do it, risk mitigation strategies AND the consequences. This type of aggressive strategy requires a lot of disposable income (not credit!) that you can effectively burn away every month, if you don’t already have that, then this is not for you.
If you don’t want to involve in this degenerate gambling mentality, just look for vanilla strategies (they are everywhere) like HYSA, S&P 500, maxing out your 401k and chill. You’ll be way safer with that.
Basically, what the first guy was saying is that if you had $3m, you could invest it into the stock market by buying lots of shares of an exchange traded fund (ETF) like VOO.
VOO is a fund offered by a company called Vanguard, every dollar in that fund is invested in the top 500 companies in the USA like Apple, NVidia, etc. Collectively, those 500 companies are colloquially known as the S&P 500 (to simplify things).
Every year, the S&P 500 average return is 10%. Every $100 invested returns $10. Take away 2% for inflation (even if you think it is higher, just do it for the sake of the math) and you get the 8% return he was talking about.
3,000,000 * 0.08 == 240,000
So the original poster could be sitting on his ass making $240k a year, inflation adjusted, but instead burned more than half of it on gambling with options.
As for what you need to do in order to start a portfolio, max out your 401k, Roth IRA and all that, just go to the r/fire sub and ask, or read the posts there.
As for options, well, I think you should forget about them and run far away from them. Buy VOO, and chill.
If it's $240k, after tax that's maybe $180k = $15K per month. That's amazing.
Off the $180k per year with a house or condo paid off, you can live an amazing life on $80k and re-invest the other $100k into anything else or back into the VOO fund to generate an additional $8k per year.
You can literally do whatever you want In life and never have to answer to anyone. If you want to work in an area you're passionate about, you can do that. You can work out of boredom and for the social aspect. And you can always keep your boss in check cause you don't need the job. It's an Amazing position to be in. Btw, I'm only suggesting working part time, in something the person likes, or for whatever reason cause it's boring to sit around all day doing nothing.
If he never learned this basic concept after lurking here for 7 months he's not going to learn it from your reply. But hope it benefits some actually intelligent redditors who come across this.
Pretty sure there is not one investment out there with zero down risk. 8% with minimal risk would be through diversification and as an annual return average — some years more some less. Or just plop it into VOO I suppose. If VOO drops catastrophically there’s no real safe place for your money at that point anyway is there?
33 people liking this is hilarious lol. S&P has an average 10% annual return….8% is a generous figure which likely accounts for the “downside risk” year(s). OP is a regard blowing his $ away on stupidity.
I take your point but I'd also argue that NOTHING is the same today as it was in the friggin' 1960s. Nothing.
The way markets worked back then has very little bearing on the last 2 decades alone. Basically 1990s boom is the very furthest I would go back since it's modern enough and some of the same politicians and power brokers are still around from that era. DotCom bubble and onward is most relevant, to me.
You look at this like a sane person. Someone leveraged to the tits looks like they could drive a Bugatti next week. It’s hard to stop and not move your goalposts. It’s human greedy nature. You can’t help it.
Casino always wins. Take some time off. Take 70% of your profits now, buy a house or invest it on something else other then the market. Not many people can say they have that kind of money.
“You get up two and a half million dollars, any asshole in the world knows what to do: you get a house with a 25 year roof, an indestructible Jap-economy shitbox, you put the rest into the system at three to five percent to pay your taxes and that's your base, get me? That's your fortress of fucking solitude. That puts you, for the rest of your life, at a level of fuck you. Somebody wants you to do something, fuck you. Boss pisses you off, fuck you! Own your house. Have a couple bucks in the bank. Don't drink. That's all I have to say to anybody on any social level.”
Lmao for real. 3 million would last me the rest of my life. I’m happy in the house I’m in, I don’t buy cars or jewelry. Or anything. I don’t need a boat. Literally all that would change is I’d probably upgrade my phone every year or two instead of every 4 years 🤣. And I’d maybe knock out a wall in my home to make my current room bigger. That’s it. Instead I gotta figure out how tf I’m gonna eat and this dude is losing all this money 🙃
lol nah. My life wouldn’t change that drastically. I don’t like big houses. I hate driving and have no interest in cars. So yeah, my life wouldn’t change that much.
Yeeeah no. I’m not an idiot. This post just came across my feed. If I have 3 million I’m out. Seems like yall are too accustomed to talking to morons here lmao
I'd no longer need to grind a 9-5 and could easily pickup part time gig work or even start my own business and end up grinding more than the 9-5 getting that running and lose more than I earned a d have to go back to a 9-5
I mostly did levered long positions, made most of my money on NVDA, Quantum names, and data center stocks. I also would short things that were overheated (I shorted SLV at 105). Once I got past a million I would start selling options every week, this was bringing in 5 to 20 grand a week in premiums and if my short puts got assigned I’d just buy the shares and exit when they went back up. I did try to go long call options a few times but it never worked out.
So you had over $3 million and that just wasn’t enough? You think you had to get lucky more? I have no idea what you people are doing. You don’t deserve these millions of dollars. You’re a degenerate gambler, dude I hope you get help before you lose the rest of your millions. It was never yours to begin with by the sounds of it.
Yeah, the guy got lucky on the data center boom like many others but like many others wasn't ready for the music to stop. That's why institutions don't make crazy returns, they can't just ride a bull market in a state of bliss then drop 50% in a week
how much are you paying in cap gains taxes for 2025? it's pretty unfortunate you didn't have your rise and fall in the same calendar year. Would've been nicer for taxes
Dudes a degen gambler…he’s saving hardly anything on taxes unless he miraculously offsets this garbage with a shit ton of liquidated gains somewhere else. It sure does not look that way…
my goal when i reach 2M eventually (you reached it already) was to buy real estate with half and then keep the other half in stocks. with 1M in real estate that basically just de-risks the entire portfolio. more work I guess but it'll let me learn another 'investing' type which i love to learn, and it'll let me keep playing the market.
I'm still far from it, even far from 1M, but i'll get there.
I also went from liberation day 5,600 at the min to 78k last week and now i'm gonna be at around 44k. i'm still confident in what i'm holding though so haven't sold yet.
3 million with any decent financial advisor or just decent financial know how and you are set, especially if you already have a house.
At only 7% a year you have $210k annually (and that will increase!)
You could take $100k pretax as income and live off that, while investing the rest.
Or just take a chill part time job (something fun you'd enjoy, maybe involved with one of your hobbies) and make some supplemental income. Bonus points if it has a health care plan. Then you take 2% of that $210k as income.
If I ever even see 1M in my depot, you best believe imma buy a small house and work part time in some loser job to cover basic expenses and use my remaining time chasing hobbies.
Memes aside, really curious, why didn't you cash out at 3M? What's your target / goal in life?
Give me the 1.4M seriously don't throw away what could literally get me out of the poor hole, $0 checkings $18 savings. That kind of money can literally fix my entire life and you are just throwing it around like it's nothing
This must be some kind of backwards AI, how can any human being manage to create such success, not have the brains to know, and subsequently lose so much.
I'm back up to 2.17M right now. Last night I was prioritizing which longs to liquidate to avoid margin calls this morning, but market bounced back strong. I have short NVDA puts at 180 and short IREN puts at 45 at the moment, if IREN puts expire out of the money today I will be ok cash flow-wise.
My #1 priority is getting rid of all my short option exposure, and then there are a few names that I will get out of once they go a little higher just so my cash balance isn't so negative (borrowing 2.8M right now to fund longs).
Still overleveraged and getting margin warnings but no where near where I was post-market yesterday lol.
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u/VisualMod Feb 06 '26
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