I made 124k from GME and 118k from ETH; cashed out and trying to figure out whats next?

[Anonymous No.52678306]

I invested in ETH way back in 2018 post-great bull run and ended up selling 118k worth of it back in Jan 2021. I also put 30k into GME in Jan 2021 and ended up with 124k profit from the GME short-squeeze. I cashed out and paid all my taxes on this amount and bought a 700k house in a major city near the waterfront that has a lot of development going on with a 20% downpayment and turned my prior house into a rental property.

I owe 550k on the waterfront house @ 3.375% (which is my primary residence) and 163k @4.25% on the rental property. 19k left on a car loan a .09%

I make 153k base salary and usually get around 10k bonus, so I'm able to save around $1,500-$2,000 a month.

What do I do next? I have a few lucky hits, but haven't ever made a "real portfolio". Trying to pay off my house early so I can live worry free without large expenses looming over my head (which would help me be resilient against layoffs)

[Anonymous No.52678456]

Go to church religiously, find a wife, and start living righteously make a family

[Anonymous No.52678480]

>>52678306
Congrats anon, it sounds like unlike 90% of the fucks on this board you’ve already made it. Don’t get greedy or you’ll lose it all

[Anonymous No.52678554]

>>52678456

I'm proposing to my gf in the spring and we both want a few kids (2-3), but still 3-ish years until we pop one out.

[Anonymous No.52678593]

>>52678480

Thanks. I have a little of $2,000 in stocks and some HBAR I accumulated, but other than that haven't put much money into the market since its all been downhill since buying my house (back in march of this year). I have about 30k liquid in a HYSA @ 3.25%, but would like to start figuring out what mindset to approach my portfolio with. I want to be ambitious and go for the underdog stuff like crypto again, but also want to have a majority of my investing money going in "sound and practical" type of things. Looking at crabbing stocks like Comcast as a good hedge againdt inflation

[Anonymous No.52678869]

[Anonymous No.52679924]

>sold GME
>trying to figure out whats next?
You will kill yourself when the price makes a massive upward move

[Anonymous No.52682012]

>>52679924
Cope you fucking bagholding poorfuck

[Anonymous No.52682164]

>>52678306
Go all in on matic. They have partnerships with google, Facebook, adidas, McDonald's, DARPA, black rock, JP Morgan, and Disney. I think it will flip eth soon.

[Anonymous No.52682467]

>>52678306
In a similar position as you, except probably better and I have a huge link stack. Buy link, or if you're a pussy buy gold mining call leaps bc gold will hit 2800 EOY 2023 and thatll be an easy 5-10x on call options. Good luck

[Anonymous No.52683478]

>>52682012
kys faggot

[Anonymous No.52684135]

>>52678554
We're not promised tomorrow, anon.

[Anonymous No.52684323]

u must think

[Anonymous No.52685304]

>>52682164
Nobody cares about that pajeet. Everybody and there grandmas know matic is a scam. Maybe should get a real investment with real innovation instead of those fake bs partnerships

[Anonymous No.52686790]

>>52678306
>I owe 550k on the waterfront house @ 3.375% (which is my primary residence) and 163k @4.25% on the rental property


What is your cost of living per year. This is something else to look at. You have a lot of debt here. When the market is gay and you dont know what you put your money into. You can put it into your house because you can control that. You cant control the company, the dev community in crypto, etc.. Unless you can.. Getting rid of debt is assured returns. Lets say 100k a year is COL. How much more a month could you spend to reduce your COL by %. The interest that ~700k you owe on both houses is a lot even with decent rates and debt to income ratio. That extra 2k a month I would pay towards your home. Id put extra into debts every month and invest into gambles with small amounts. Keep saving for when you see a real opportunity or just dca into spy.

[Anonymous No.52687327]

>>52678306
>>52678306
500k at 3.75% is 11k on average lost a year in interest costs. With min payments you are pay $1k in interest alone per month for 15 years. Roughly 18k more a year you could spend on your home loan, 1.5k a month. 90k over 5 years. Lets call its 100k. Could that 90k invested over 5 years start giving you annual returns of 4.5k a year. That 90k is making you 4.5% now basically by paying down your debt. Could that same 90k that wasn't paying down your debt give you better returns?

That same amount with 6% returns would give you 108k. 6k profit after tax. Bonus you have 6 fig liquidity not tied up in your home, but what do you want to buy or invest in with 6 figs? Is this worth the gamble, is paying off your house the gamble?

[Anonymous No.52687341]

>>52687327
forgot picrel

[Anonymous No.52687625]

>>52678306
more I think about it, unless it was necessary for the rate , why put down 20% on the house. Do 10% keep the 70k, add to that stack over 5-10yrs now you have a liquid 200k or you have been putting it into stocks. Since you've gone the 20% down route might as well just max out paying off the house to get rid of interest payments. Or you could have pay down more on the 2nd house you own. That 2nd house is costing you property taxes, maintenance, and headaches. Why hold an investment that is going to have losses built in to it already. Its like trying to use a car as an investment. Its a thing you live in, and you need to live in something. You dont consider how to profit off the chicken tendies you buy or entertainment you consume.

[Anonymous No.52687846]

>>52678480
>I made 124k from GME and 118k from ETH;
that's not a lot....

[Anonymous No.52688368]

>>52678306
Bought a house or 20% down-payment?

[Anonymous No.52688432]

>>52687846
At least he took profits.

[Anonymous No.52689391]

>>52678306
Shitty answers to a good thread. Demoralized bottom signal?

[Anonymous No.52689415]

>>52678306
Silver

[Anonymous No.52689464]

>>52682164
Dont listen to this pajeet shill. Matic is shit. Buy link/btc 50/50 and if eth goes below 900 start buying that too.

[Anonymous No.52689548]

Gme never squoze bud.

[Anonymous No.52689611]

>>52678306
Minimize your bets, worst thing to do after ‘making it is throwing money around at more dumb shit. Focus on your equity and enjoying your life.
t. Anon with a similar story

[Anonymous No.52689680]

>>52682164
Anon, matic is already a large cap. get some low cap like IMX WOO or SYLO

[Anonymous No.52690109]

>>52689548
kill yourself

[Anonymous No.52690141]

>>52689548
>$3 to $300
>Le squeeze is not squoze
You missed it

[Anonymous No.52691384]

i still refuse to believe these threads are real
imagine making $160k/y as a wagecuck and only saving $24k per year out of that
i know people meme about burgerfats' lack of impulse control all the time, but there's no way this isn't bait

[Anonymous No.52691486]

>>52678306
If you're looking for another short squeeze then check out BSV. Yes, that BSV. The coin is trash but this play might be worth a look

>>52662455

[Anonymous No.52691838]

>>52687846
At least he took profits and that's pro.
$12k could be the ultimate bottom fr, no two ways about that but then in all of these things, since alts are more than 70% down, slurp hard on them Muse, Ride and LRC, no normie should sit back and bite fingers like a roastie here.

[Anonymous No.52691867]

>>52678306
Buy back into gme

[Anonymous No.52692236]

>>52689464
Matic ain't shit retard, L2s are popping good in terms of privacy, seamless trx, interoperability, payment solutions. The likes of Arbitrum, zksync, Azero and upcoming Root Network. Stop capping shid with such rigidity newfag.

[Anonymous No.52692884]

>>52690141
>$25 to $15,000

[Anonymous No.52692917]

>>52678306
so you own percentages of other peoples homes and cars