Budgeting with my wife: “OK you can have $300 to play with in the stock market. BUT this time once it becomes $12,000 or more you have to take it all out.”
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(That conversation happened last week. We’ve got the ball rolling already)pic.twitter.com/EswGLTtWQa
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Update: my wife says if I can turn $300 into $35k I can buy a base model Tesla with it.pic.twitter.com/pnmh4076Rk
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End of conversation
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Get caught in the lfin expiration mess?
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I was out by then, but what a joke
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How did it play with your psychology?
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I feel like it should have bothered me more than it did. Net net I was still way up.
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Loss aversion vs foregone gains I suppose.
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How do you have time to run a company and make all the content for r/wallstreetbets?
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Umm. Your wife seems smart.
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Everyone is focusing on your gains and wanting your strategy while opting to ignore the fact that your strategy has serious risks - like the ability to lose $43k abruptly. Not saying it's a bad strategy for you, but it's weird how everyone can ignore the potential downsides.
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Fun with options.
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Maybe use the Kelley criterion?
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