Just to make you happy, you’re right. Have a high risk account giving 200% 1-year gain, from $13k to $39k over one year.
Long calls can yield 1000% return in this type of market, too busy to trade calls nowadays, so couldn’t enjoy such gain. Above account is trading OTC stocks , still risky but don’t have expiry headache.
wuqijun is put on a defensive and red alert by manch that we might not want to listen to him
Haha. I just think I got a lucky break that’s very unlikely to repeat. In all of 2016 my gain was only 10%, and I held pretty much the same portfolio as now.
His gain 18.9% is too good as I see similar returns in my retirement account. My retirement account has 5 times bigger than my taxable account. As the amount goes higher, returns may be difficult to get. The more investment amount we have, we need to do more research/analysis to make sure we do not face big failure.
For me it’s the margin interests that hurt. Didn’t pay attention to it until this year preparing for 2016 tax. I was like holy cow! Definitely a shock I was paying that much. Soon afterward I moved everything to Interactive Brokers. My interest rate dropped from more than 7% to 1.6%.
I thought all stock brokerages charged the same interests. Big mistake!
Another cool thing about IB is you can trade all the major markets in the world. I bought quite a bit of Tencent in the Hong Kong market.
My taxable account is 20x bigger than my retirement account. So I think that means I worked the least. Hanera is slightly less lazy and Jil is the most industrious.
Actually, I’m happy seeing that my stock portfolio outperformed the S&P 3x in this quarter. My intention is just to consistently beat the index. I’ve been tracking my portfolio since 2007. Here are the numbers:
How do you account for real estate gain? Does 9% mean that the total value of your houses up 9% in one quarter? But if your leverage was 3 times, your effective gain on equity should be 27% instead. In that case, your RE still beats the stocks