News for hackers. Stuff that matters.
Re:Every thought about personal finance I've ever had, as co... by vsskanth on Friday February 26, 2021 @07:38PM (#26281548)
OK this is a fair point. Never thought of it this way.

Only OP can clarify but I hope it's just something he spent play money on that shot up 100x or something.

However, the rest of his portfolio isn't something I would emulate either.

I would consider someone more credible if they practice what they preach.

Re:Every thought about personal finance I've ever had, as co... by aadillpickle on Friday February 26, 2021 @07:55PM (#26281658)
Yeah totally fair point - bought those cards half because I'm an nba fan, half because I thought they'd pump - I def don't think this makes me a good investor I just got lucky. I put in less than 10% of my net worth in for fun - it just ended up growing. Verify here if you don't believe me: https://evaluate.market/accountValuation?externalUserName=aa...

As for the rest of the portfolio, don't emulate it! Do what works for you, that's what the section below is for - I'm just being transparent. Most definitely consider more credible people, I just hope my suggestions might save people from the devil that is inflation.

Re:Every thought about personal finance I've ever had, as co... by id on Saturday February 27, 2021 @06:45AM (#26284226)
It makes you a terrible investor - 10% was already a bad move - but holding them now that they are 35.5% of your net worth is insane. Yes it might work out again but so does playing the lottery.
Re:Every thought about personal finance I've ever had, as co... by dumbfounder on Saturday February 27, 2021 @06:54AM (#26284266)
A. They are young, that makes all the difference in the world. You should take more risk when you are younger.

B. You don’t immediately sell your risk bets when they start making you money, it completely mitigates your upside. Knowing when to say when is hard, but the general philosophy of removing the risk bets when they are making money is a bad one methinks.

Re:Every thought about personal finance I've ever had, as co... by jonfromsf on Saturday February 27, 2021 @07:39AM (#26284474)
Sell half once it doubles. Then you can tell yourself you're playing with the houses money and you never sell unless you realize it's a bad investment.
Re:Every thought about personal finance I've ever had, as co... by dumbfounder on Saturday February 27, 2021 @12:10PM (#26286214)
The only bad rules are ones you never break.
Re:Every thought about personal finance I've ever had, as co... by dumbfounder on Friday February 26, 2021 @08:04PM (#26281705)
This doesn’t add to your credibility :). Your net worth is peanuts right now but as long as you are thinking about it this hard you will have a whole truckload of peanuts in 20 years.
Re:Every thought about personal finance I've ever had, as co... by vsskanth on Friday February 26, 2021 @08:02PM (#26281691)
Thanks OP. Appreciate the clarification.