Search found 340 matches

by MinnGuyInvesting
Mon Mar 01, 2021 10:54 am
Forum: Investing - Theory, News & General
Topic: Tracking my ARK / Bitcoin - non-Boglehead portfolio
Replies: 172
Views: 13303

Re: Tracking my ARK / Bitcoin - non-Boglehead portfolio

My overall portfolio is down from January, but up on the year yet. I was at 5.7% up end of January, now still up at 4.8%. I respect you posting your ideas and results and look forward to seeing how it goes. Hopefully you will do well and it will spark stimulating discussions. But you must be built ...
by MinnGuyInvesting
Mon Mar 01, 2021 10:37 am
Forum: Investing - Theory, News & General
Topic: Real Estate Investing Advice
Replies: 9
Views: 911

Re: Real Estate Investing Advice

Thank you all so much for the advice. Lock down a property for small down payment, utilize a mortgage, improve the property, re-assess and refinance taking cash out, use cash as down payment on next property. Rinse and repeat. Some determine they only need one or two rental properties, so they buy ...
by MinnGuyInvesting
Mon Mar 01, 2021 8:05 am
Forum: Investing - Theory, News & General
Topic: Tracking my ARK / Bitcoin - non-Boglehead portfolio
Replies: 172
Views: 13303

Re: Tracking my ARK / Bitcoin - non-Boglehead portfolio

1789 wrote: Sun Feb 28, 2021 11:34 pm What is the portfolio size here?
Between:
More than one years spending.
Not enough to retire on.
by MinnGuyInvesting
Mon Mar 01, 2021 8:02 am
Forum: Investing - Theory, News & General
Topic: Tracking my ARK / Bitcoin - non-Boglehead portfolio
Replies: 172
Views: 13303

Re: Tracking my ARK / Bitcoin - non-Boglehead portfolio

The projected return hinges greatly on what “substantially”means. If the OP means around a 50% return for that event, then averaged return would barely be double digit. Seems like a lot of erroneous precise hand waving for a mediocre investment. I guess what I was thinking as "substantially&qu...
by MinnGuyInvesting
Mon Mar 01, 2021 8:01 am
Forum: Investing - Theory, News & General
Topic: Tracking my ARK / Bitcoin - non-Boglehead portfolio
Replies: 172
Views: 13303

Re: Tracking my ARK / Bitcoin - non-Boglehead portfolio

Essentially the risk analysis I'm doing on crypto is this. There is a 2% chance I lose 100% of what I invest in Cryptocurrency. There is a 25% chance that end of year price is half the price at the start of 2020. There is a 30% chance crypto stays stagnant in the range in which I purchase. 0% retur...
by MinnGuyInvesting
Sat Feb 27, 2021 9:44 am
Forum: Investing - Theory, News & General
Topic: Real Estate Investing Advice
Replies: 9
Views: 911

Re: Real Estate Investing Advice

Hello and thank you for taking the time to read and leave advice. For years I have wanted to get into the real estate investing game. Unfortunately, I never had the capital I was comfortable spending to enter the market, until now. My plan is to start with some lower cost rentals but not dumps. I'v...
by MinnGuyInvesting
Fri Feb 26, 2021 4:33 pm
Forum: Investing - Theory, News & General
Topic: Tracking my ARK / Bitcoin - non-Boglehead portfolio
Replies: 172
Views: 13303

Re: Tracking my ARK / Bitcoin - non-Boglehead portfolio

End of February Update. The BTC / ETH trading is always volatile, prices right now.: ETH: $1,450 BTC: $46,350 My overall portfolio is down from January, but up on the year yet. I was at 5.7% up end of January, now still up at 4.8%. By category: Amazon, Aapl, Google, Tesla: -3.9% ARK Funds: Up 2.7% V...
by MinnGuyInvesting
Thu Feb 25, 2021 4:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22133
Views: 2947325

Re: U.S. stocks in free fall

February can end soon.
by MinnGuyInvesting
Thu Feb 25, 2021 1:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22133
Views: 2947325

Re: U.S. stocks in free fall

Marseille07 wrote: Thu Feb 25, 2021 12:59 pm Nasdaq -3.4%. Unreal.
I'm wrong about a lot of things, but it seems like rather than a 30-50% one day drop, we're going through a 2-3% drop for 40 days and 40 nights.
by MinnGuyInvesting
Thu Feb 25, 2021 10:56 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22133
Views: 2947325

Re: U.S. stocks in free fall

bugleheadd wrote: Thu Feb 25, 2021 10:51 am so whats the reason for todays drop...GME draining money away from all other stocks?
I've always found it so odd on a day to day basis.

The first argument is the market is extremely efficient.
But then what is changing on a daily basis that causes major changes.
So much of it is emotion it seem.
by MinnGuyInvesting
Thu Feb 25, 2021 10:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22133
Views: 2947325

Re: U.S. stocks in free fall

I think I was up a tinge yesterday, but down big again today. It's been a rough week. I've been down big for 6 of the last 7 days or so. In 5 - 10 years, I'll either forget this happened, or maybe remember. Still holding. No panic selling. Get paid tomorrow so more money going in. Just not sure where.
by MinnGuyInvesting
Wed Feb 24, 2021 10:16 pm
Forum: Investing - Theory, News & General
Topic: Buying Lottery Tickets: Playing Devil's Advocate
Replies: 36
Views: 2357

Re: Buying Lottery Tickets: Playing Devil's Advocate

Any theory on investing I would think would depend on risk vs reward as well as information on opportunity cost. People like the lottery because it's their chance to be a millionaire when at the end of the month they only have $27 in their wallet at no retirement. If they have no lottery ticket, the...
by MinnGuyInvesting
Wed Feb 24, 2021 10:09 pm
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 502
Views: 39190

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

IMO it's strange to own both S&P and ARK because it's like simultaneously saying you don't know what will outperform (so own S&P) and you do know tech will outperform (so own ARK). You either know or you don't. Also it's futile to hold ARK short term because you won't know when to switch to...
by MinnGuyInvesting
Wed Feb 24, 2021 5:28 pm
Forum: Investing - Theory, News & General
Topic: ARK investment
Replies: 189
Views: 16933

Re: ARK investment

I agree with many of you. Her investment principles look smart “buy the next technology revolution but easy guys I am diversified across industries...” She is super concentrated. You need way more companies to catch the real winners and when you do so you dilute returns. 2 considerations: 1. Gene t...
by MinnGuyInvesting
Wed Feb 24, 2021 4:03 pm
Forum: Investing - Theory, News & General
Topic: Microstrategy (MSTR) and Bitcoin
Replies: 36
Views: 2337

Re: Microstrategy (MSTR) and Bitcoin

I would think it would almost be hypocritical to invest a company's money into bitcoin if you personally didn't have skin in the game yourself. Would you think it's hypocritical for Buffet to invest Berkshire's in Silver (as he did a few years back) without buying Silver himself ? Or if (say) Bezos...
by MinnGuyInvesting
Wed Feb 24, 2021 3:49 pm
Forum: Investing - Theory, News & General
Topic: Microstrategy (MSTR) and Bitcoin
Replies: 36
Views: 2337

Re: Microstrategy (MSTR) and Bitcoin

jello_nailer wrote: Wed Feb 24, 2021 3:41 pm Look at RIOT.
Riot Blockchain - 6 employees, market cap $3.3B
You probably don't need a lot of people to maintain a server farm.
by MinnGuyInvesting
Wed Feb 24, 2021 2:33 pm
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 502
Views: 39190

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

I found it a bit odd yesterday at how ARK was getting hit harder than market. So many of the ARK companies were getting hit harder than typical. It made me wonder what all of them recently did that their bright futures all turned to disaster overnight. I guess the overall argument could be they were...
by MinnGuyInvesting
Wed Feb 24, 2021 11:45 am
Forum: Investing - Theory, News & General
Topic: Microstrategy (MSTR) and Bitcoin
Replies: 36
Views: 2337

Re: Microstrategy (MSTR) and Bitcoin

If there was internal pushback against Saylor or Musk, when do we hear about it? Are these simply one-man decisions, based on hunches? I don't understand how these can be prudent business actions, where is the oversight or process. If you watch Saylor's interviews on this, he discussed how he was u...
by MinnGuyInvesting
Wed Feb 24, 2021 11:36 am
Forum: Investing - Theory, News & General
Topic: Microstrategy (MSTR) and Bitcoin
Replies: 36
Views: 2337

Re: Microstrategy (MSTR) and Bitcoin

If there was internal pushback against Saylor or Musk, when do we hear about it? Are these simply one-man decisions, based on hunches? I don't understand how these can be prudent business actions, where is the oversight or process. If you watch Saylor's interviews on this, he discussed how he was u...
by MinnGuyInvesting
Tue Feb 23, 2021 11:34 am
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 502
Views: 39190

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

Small rebound since earlier today but still down big on the day.

TSLA was down big as well but came back some.
by MinnGuyInvesting
Tue Feb 23, 2021 10:26 am
Forum: Investing - Theory, News & General
Topic: Tracking my ARK / Bitcoin - non-Boglehead portfolio
Replies: 172
Views: 13303

Re: Tracking my ARK / Bitcoin - non-Boglehead portfolio

Indeed.

A good day to go for a walk and concentrate on other things.
by MinnGuyInvesting
Tue Feb 23, 2021 9:53 am
Forum: Investing - Theory, News & General
Topic: Tracking my ARK / Bitcoin - non-Boglehead portfolio
Replies: 172
Views: 13303

Re: Tracking my ARK / Bitcoin - non-Boglehead portfolio

Overall update, I've been down heavy the last couple today, but that's nothing compared to the Nasdaq related drops I'm seeing today. Today is really brutal all over, but especially for ARK, BTC, growth-anything.... The BTC might be the strong point. SPY and VTI is handling it the best as expected ...
by MinnGuyInvesting
Tue Feb 23, 2021 9:45 am
Forum: Investing - Theory, News & General
Topic: Tracking my ARK / Bitcoin - non-Boglehead portfolio
Replies: 172
Views: 13303

Re: Tracking my ARK / Bitcoin - non-Boglehead portfolio

ccf wrote: Mon Feb 22, 2021 8:52 am How big is this portfolio? like how many X annual expenses?
After today, probably half as many as a week ago!

Overall update, I've been down heavy the last couple today, but that's nothing compared to the Nasdaq related drops I'm seeing today.
by MinnGuyInvesting
Mon Feb 22, 2021 9:20 pm
Forum: Investing - Theory, News & General
Topic: If you bought Bitcoin, when do you plan to sell?
Replies: 396
Views: 30527

Re: If you bought Bitcoin, when do you plan to sell?

I was watching some video about bitcoin. (Pro bitcoin of course). But what was interesting is there isn't enough bitcoin for every millionaire to hold a single whole coin. Also, if you want to be an "above average" holder of bitcoin, you need to buy about $63 worth of bitcoin today and you...
by MinnGuyInvesting
Mon Feb 22, 2021 3:44 pm
Forum: Investing - Theory, News & General
Topic: Nate Silver sums up trying to beat the market very well
Replies: 84
Views: 10427

Re: Nate Silver sums up trying to beat the market very well

My "strategy" is to buy the stocks of companies whose products I enjoy using. Then, never sell. Had I bought AAPL when I bought my first Mac, I'd be on Easy Street today. However, it also would have tested my patience by significantly underperforming the market for a few periods in time. ...
by MinnGuyInvesting
Mon Feb 22, 2021 3:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22133
Views: 2947325

Re: U.S. stocks in free fall

AHHH!!!

My portfolio is taking a hit today!

Send food!!!
by MinnGuyInvesting
Mon Feb 22, 2021 11:04 am
Forum: Investing - Theory, News & General
Topic: Delaying Social Security
Replies: 88
Views: 6362

Re: Delaying Social Security

If you are going to die early, start taking it now.
If you are going to live beyond 77 or so, wait.
by MinnGuyInvesting
Mon Feb 22, 2021 10:56 am
Forum: Investing - Theory, News & General
Topic: Friends don't let friends buy annuities...
Replies: 35
Views: 3800

Re: Friends don't let friends buy annuities...

As much as I love working with numbers in spreadsheets, and feel finance is a numbers field, personal finance is highly emotional. Things to consider. 1. Not everyone likes math and calculations on returns like Boglehads do. 2. People are often embarrassed to discuss personal finance because they do...
by MinnGuyInvesting
Mon Feb 22, 2021 9:25 am
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 502
Views: 39190

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

I don't know much about Cathie Wood's track record but looks amazing so far. The question of course is, does she continue to outperform the market. Over the short term, very possible. Over the long term (40 years), nearly impossible. I do enjoy holding my two fund index portfolio, knowing that I wi...
by MinnGuyInvesting
Mon Feb 22, 2021 9:19 am
Forum: Investing - Theory, News & General
Topic: Net Worth and Bitcoin/Crypto
Replies: 53
Views: 4440

Re: Net Worth and Bitcoin/Crypto

1. Get a career. Go to school for more skills if you don't like finance. Gain marketable skills other than poker. 2. You live a high risk lifestyle with income depending on poker and bitcoin. If you want to keep living high risk, keep doing what you are doing and maybe amp it up with whatever else ...
by MinnGuyInvesting
Sun Feb 21, 2021 6:38 pm
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 502
Views: 39190

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

I don't know much about Cathie Wood's track record but looks amazing so far. The question of course is, does she continue to outperform the market. Over the short term, very possible. Over the long term (40 years), nearly impossible. I do enjoy holding my two fund index portfolio, knowing that I wi...
by MinnGuyInvesting
Sun Feb 21, 2021 6:36 pm
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 502
Views: 39190

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

What about the fact that ETFs can’t close? What if ARKK becomes a $100B or $200B etf? I seriously don’t see any way to manage that much money given her strategy and keep such returns. I’m quite skeptical at $50B. I feel not being able to close the ETF is a major disadvantage. That's actually a good...
by MinnGuyInvesting
Sun Feb 21, 2021 9:50 am
Forum: Investing - Theory, News & General
Topic: Net Worth and Bitcoin/Crypto
Replies: 53
Views: 4440

Re: Net Worth and Bitcoin/Crypto

I can't get past.... Fiance degree, makes poverty wage income, has very little assets and debts... but hires a professional accountant to do his taxes every year? Something doesn't add up. If this isn't a spoof post: 1. Sell the bitcoin. Your net worth is way too unbalanced with pure speculation as...
by MinnGuyInvesting
Sun Feb 21, 2021 9:47 am
Forum: Investing - Theory, News & General
Topic: Net Worth and Bitcoin/Crypto
Replies: 53
Views: 4440

Re: Net Worth and Bitcoin/Crypto

1. Get a career. Go to school for more skills if you don't like finance. Gain marketable skills other than poker. 2. You live a high risk lifestyle with income depending on poker and bitcoin. If you want to keep living high risk, keep doing what you are doing and maybe amp it up with whatever else g...
by MinnGuyInvesting
Sun Feb 21, 2021 9:35 am
Forum: Investing - Theory, News & General
Topic: If you bought Bitcoin, when do you plan to sell?
Replies: 396
Views: 30527

Re: If you bought Bitcoin, when do you plan to sell?

The goal of crypto (for many) is insurance against goverment financial miss-management. Having a government create their own digital currency is unappealing for those seeking "Schmuck insurance". (The constant flooding of the market with printed money devaluing the value of the dollar com...
by MinnGuyInvesting
Sat Feb 20, 2021 9:17 am
Forum: Investing - Theory, News & General
Topic: If you bought Bitcoin, when do you plan to sell?
Replies: 396
Views: 30527

Re: If you bought Bitcoin, when do you plan to sell?

Realistically at this stage if you are buying it you are most likely not going to get better future returns than Gold or Silver due to the market cap being at 1 Trillion USD. How much more can it grow? Lottery ticket returns from the past repeating is unrealistic IMO so if anyone wants to speculate...
by MinnGuyInvesting
Fri Feb 19, 2021 2:27 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 887
Views: 56352

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Holy cow.

$55k.

I'm up 10%.
On the portion I bought at $49k.
(That was Tuesday).
by MinnGuyInvesting
Thu Feb 18, 2021 9:32 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22133
Views: 2947325

Re: U.S. stocks in free fall

AHHHH!!!

SKY IS FALLLING!
by MinnGuyInvesting
Thu Feb 18, 2021 12:36 am
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 502
Views: 39190

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

queso wrote: Wed Feb 17, 2021 10:42 pm Just looked at the posts from Cathie's OnlyFans and it looks like she's doubling down on Tesla.
She did buy some Tesla today on the "dip".

If she had an only fans, I'd sign up to get more of her content talking about her stock picks.
by MinnGuyInvesting
Wed Feb 17, 2021 6:28 pm
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 502
Views: 39190

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

Because active funds never win over the long term. I would call that an overstatement. "Never" is too strong, as there ARE active funds that have outperformed over decades. The majority of active funds do not beat the total marked over the long term, including those that beat the market o...
by MinnGuyInvesting
Wed Feb 17, 2021 5:14 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 887
Views: 56352

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

novolog wrote: Wed Feb 17, 2021 4:02 pm
HomerJ wrote: Wed Feb 17, 2021 4:00 pm
it was below $50k YESTERDAY. Why didn't you accumulate more 24 hours ago?
I did :D
I did too!
by MinnGuyInvesting
Wed Feb 17, 2021 5:04 pm
Forum: Investing - Theory, News & General
Topic: Ark Funds
Replies: 156
Views: 22872

Re: Ark Funds

ARK has rebounded some after being down a few days in December. YTD returns (9 days in) ARK-K - 14.45% ARK-G - 13.51% ARK-Q - 12.48% ARK-W - 8.90% ARK-F - 4.53% Other notables: TSLA - 24.71% QQQ - 1.69% Bitcoin - 40.88% Seems like ARK been performing well lately, tempted to move more of my fund the...
by MinnGuyInvesting
Wed Feb 17, 2021 4:53 pm
Forum: Investing - Theory, News & General
Topic: Ark Funds
Replies: 156
Views: 22872

Re: Ark Funds

retire2022 wrote: Wed Feb 17, 2021 4:22 pm CNBC's Scott Wapner ad Bob Pisani interviews Catherine Woods on Tesla, Crypto currency, Health and other tech discussions within Ark funds 11:40 minutes

https://www.youtube.com/watch?v=I8PkE6Yi2x0
:thumbsup
by MinnGuyInvesting
Wed Feb 17, 2021 2:56 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin and the US Dollar
Replies: 122
Views: 8140

Re: Bitcoin and the US Dollar

At the point the US government bans crypto whether through banning exchanges or otherwise, the US will have bigger problems.
It won't matter how many dollars you have at that point or where they are investing them.
by MinnGuyInvesting
Wed Feb 17, 2021 2:39 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 887
Views: 56352

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

BruDude wrote: Wed Feb 17, 2021 2:24 pm $51.7k :sharebeer
It's up almost a percentage point since then.
$52.2k
by MinnGuyInvesting
Wed Feb 17, 2021 12:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22133
Views: 2947325

Re: U.S. stocks in free fall

I'll never be able to retire now!!!

AHHH!!!
by MinnGuyInvesting
Wed Feb 17, 2021 12:08 pm
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 502
Views: 39190

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

queso wrote: Wed Feb 17, 2021 11:51 am
MinnGuyInvesting wrote: Wed Feb 17, 2021 11:49 am AHHHH!!!
SKY IS FALLING!

My ARK funds are down BIG today.
Yup...cathie's ark has sprung a leak... Looks like she was just a meme stock chaser after all. :(
It's over!
AHHHHH!
by MinnGuyInvesting
Wed Feb 17, 2021 10:53 am
Forum: Investing - Theory, News & General
Topic: Crypto vs real currencies holdings
Replies: 9
Views: 742

Re: Crypto vs real currencies holdings

the dollar... devalues by 25% over the next year or two. Considering this site is named after Jack Bogle, wouldn't a more reasonable presumption be to expect crypto currency devaluation to potentially be greater than dollar devaluation? For example it looks like BTC is roughly 5 times the price fro...