Stock Market and Real Estate Return in 2016: A Comparison


#204

GBTC has gone up 20% in January, so is OSTK. Beats AAPL at least.

But I missed Ripple


#205

5-10% of $6mil is $300k-$600k, not talking about %, % means nothing. Absolute dollars, please.
How much have you make in crypto in absolute dollars!!!
Ok, give you a way out, how much did your net worth increase from crypto bet. 0.001%?


#206

Which of you have a 6M stock portfolio? I missed that part of the discussion. :smile: @wuqijun, @hanera or both?


#207

Refer to bold. Just exaggerating. Assuming is only 50%, 5-10% = $150k-$300k gain in just 5 days :grinning:


#208

As Cramer says…sell, sell, sell


#209

The thing with crypto money, you don’t tell anyone.


#210

I’m late to cryptos. It would have done wonders to my networth if I participated years ago.


#211

Not only you , we are all late…not getting into crypto by 2010


#212

If you had just bought a year ago would be up 15 times


#213

Never Crypto is never late :joy:


#214

if you bought tron like a month ago, you’d be up 80x


#215

We are seeing 16% in our IULs. Tax free. Make it 20-24% then.


#216

You’re quoting old news, not Apple to Apple comparison. Below is the return for 2017.

2-3 times IUL :slight_smile:


#217

How come his networth gain is bigger than both stock and RE? What other source of income?


#218

Also, once you start borrowing from the IUL your returns become lower, since you’re paying interest on any amount you borrow. That interest is worse than any tax.


#219

He explains two times already :rage:
Margin. He borrows against his stocks to buy RE.


#220

Ok. I am not a close watcher of @wuqijun’s networth. :smile:


#221

Perfect ! Perfect !! Perfect !!!

Today, I started Backdoor Roth for year 2017, done our complete contribution grows tax free for life. We own those account holdings.


#222

@hanera: 10.5M

@hanera, please provide your brokerage statement and house grant deeds online to prove that your networth is indeed 10.5M.


#223

Grant deeds mean nothing if he is leveraged…