/biz/ - Business & Finance

>>58322136
You're clearly an aggressive speculative trader with a 6 figure income, 6 figure account, and decades of options trading experience. Why else would you be on smg?

>>58305607
>AI dashcams
>AI dashcams
>AI dashcams
Stop rationalizing a shitty idea. There are many logical fallacies in your writing and you should reevaluate.

>>58290067
The AL Central is the shit division. But I do like your pitching. Also watch the Mets lose this lead.

>>58185412
I think 5k to 10k in savings is all you need. Use SPY as your bank account. Sell ATM covered calls for income if you get fired. Or just sell off some shares.

>>58166696
Your 401k (go with Roth over traditional) should be up to employer match. Max it out ($23,000) if you want to. Then max out Roth IRA (7k per year). 100% SP 500 funds into both. Then add additional cash into Individual account.

>>58104908
Based. Buffett is 45% AAPL or some crazy shit. And dumb dumbs will still criticize you over portfolio allocation. Birds of a shit feather.

>>58077211
>what about Bitcoin correlates? is MSTR a good leveraged BTC bet?
Nobody knows what crypto is going to do. It's volatile enough as is and I wouldn't leverage.

>what do you think about 3LMS?
The first priority is that it goes up long term, which isn't guaranteed with individual stock. Next is volatility. SP 500 can do 3x daily leverage optimally. Nasdaq at 2x. The difference between the two is volatility. SPY (IV 14), QQQ (IV 19). MSFT (IV 21). Higher volatility and large drawdowns fuck leverage (especially daily leverage). So it's probably safer to run MSFT 2x long term. Or go with 2x QQQ (QLD).

Gentlemen I've been doing some drinking today. Cheers.