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  1. Bull Run

    The Official M6G Investment thread

    Seems like more beaker triggers today to me like the other days, although I didn't even try to buy GME or AMC since they don't fit into my investing style. Which brokers refused trades outside of breakers? Reddit-Fueled Traders Trigger Volatility Halts Across Market
  2. Bull Run

    The Official M6G Investment thread

    The Bitcoin drop was due to Janet Yellen comments and unconfirmed double spending issue so can't really lump it with stocks or bonds. This author seems like the type that consistently say "the stocks will crash/sky's falling" repeatedly just to cover the fact that he's unable to time the...
  3. Bull Run

    Looked on cars.com and saw Mach1 ads

    Indeed, can't really compare a one-of-a-kind car to mass produced modern pony cars. Nothing wrong with buying expensive cars if that's what you truly want, but I hate it when people pretend cars are an investment to rationalize spending a lot of money on a toy. For example, Tesla Model S ranks...
  4. Bull Run

    Looked on cars.com and saw Mach1 ads

    "typical" millionaires don't overspend as that's how they got wealthy in the first place. Ultra wealthy that can actually splurge don't get Mustangs as status symbols. There's a reason why get rich schemes feature mansions and fancy cars to draw in financially uneducated, not middle-class...
  5. Bull Run

    The Official M6G Investment thread

    An extra $10K, will get you an extra "T". 2016 Mustang GTT
  6. Bull Run

    The Official M6G Investment thread

    I think he pretty much admitted it was more of a gambling than investing in a roundabout way. But he ended up keeping bulk of the stocks from his "experiment". "Looking back now, the whole thing ended up being pretty lucky, but not something I would probably ever do again. "
  7. Bull Run

    The Official M6G Investment thread

    I saw the below posted in a S550 Classifieds FB group. Not sure if it was a troll post or not, but if not, I guess this guy is really optimistic on the value of used Mustang GTs going up.
  8. Bull Run

    The Official M6G Investment thread

    I invested in RIO and NUE as a part of the diversification, rather than as a play on EVs.
  9. Bull Run

    The Official M6G Investment thread

    Just read an article/blog about a guy who got a million dollar margin loan to by stocks during the COVID crash. It ended up working out for him in the end (make sure to read the comments section for the latest update). I'd never find the guts to pull off something like this, even with my...
  10. Bull Run

    The Official M6G Investment thread

    As a DCA investor, I see some issues with this article's conclusion: "For most investors, the recent rally has been a recovery of what was lost last year. In other words, while investors have made no return over the previous eighteen months, they have lost 18-months of their retirement saving...
  11. Bull Run

    The Official M6G Investment thread

    Did you look into the backdoor Roth to get around the maximum? Basically, you contribute to a non-deductible IRA (no income limit) then immediately convert it to a Roth IRA after a few days after the funds clears (again, no income limit on conversions). I've done it for a few years without any...
  12. Bull Run

    The Official M6G Investment thread

    As mentioned on the other post, my retirement accounts are invested in the boring index funds. Other than rebalancing about once a year, they are set on auto pilot as I have ways to go before I hit the traditional retirement age, and since I max out my contributions every year now and also have...
  13. Bull Run

    The Official M6G Investment thread

    Good to hear stories about folks still getting ahead in this crazy situation. I thought about selling some of my winners in the non-retirement account to rebalance but likely will stick with "buy and hold" since I'm bad at predictions.
  14. Bull Run

    Five Gallon Pails of Methanol and VP Jugs for Sale

    Two five gallon pails of Torco pure methanol Two VP Racing five gallon jugs, one with 50/50 methanol and distilled water mix 7 gallons of distilled water $50/obo, no longer need them for WMI as I switched to E85. Local pickup only (Phoenix metro area) as I can't ship pure methanol.
  15. Bull Run

    The Official M6G Investment thread

    Seems like most of the finally successful people have some sort of a "side hustle" in place, both articles I read online and people I know in person. One example article on side hustle. I heard that Biden will try to tax capital gains as ordinary income but only to those earning over $1...
  16. Bull Run

    The Official M6G Investment thread

    Thanks for your story, it was a great read and explains your level of financial knowledge and your crafting skills on your build thread. I always thought you'd be a great person to pick your brain over a drink and this affirms it. We also used a property management company that charged us 7%...
  17. Bull Run

    The Official M6G Investment thread

    May be looking into them as they offer decent dividends, but need to pump up my non-speculation side first to keep the speculation side under 15% (that's my risk limit). I don't think all REITs are of speculation grade; for example, I consider O as non-speculation, whereas consider AGNC as...
  18. Bull Run

    [Locked due to politics] Student debt cancelation. Seems there are strong opinions against it from some.

    I finished my undergrad back in 2005 and they already starting building "extras" to attract students back then, and it's even worse now. As someone mentioned already, even non-profit state colleges are acting like for-profit schools to attract students. Also note that while government spending...
  19. Bull Run

    [Locked due to politics] Student debt cancelation. Seems there are strong opinions against it from some.

    That's quite reasonable as type of their education justifies going over the 31K limit.
  20. Bull Run

    The Official M6G Investment thread

    Awesome, sounds like you have multiple plans in place to manage your risk. We had up to three rental properties but ended up selling them because we found out that we didn't like to be landlords. Sure, we made some profit on the sales but I'm sticking with REITs for the real estate portion (I...


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