[marketgod]

TSLA/AAPL and options.

Seriously get in TSLA. It's going to double by March, probably earlier.

I could buy ETFs and do the boglehead/lazy portfolio but the returns are minimal compared to picking market leaders. Also you need to be making serious money for those to be valuable or live a frugal life and then spend when you are dead.

[rayhendricks]

We could have said this about XOM a couple years ago. Look where it is now.

[marketgod]

Who is we? I wouldn't have said it. I would have and was saying the same about AAPL though.

This is where skill really matters.

[rayhendricks]

Much of the population who invests in index funds. Look at this article from 2013, look at AAPL and XOM performance then, https://www.forbes.com/sites/dividendchannel/2013/01/25/exxo...

Index funds have allowed me to not have to save for retirement anymore (have enough based on FV calc), and yes buying the FAANG stocks 6 years ago would have yielded much larger returns, but could also have yielded losses if they went the way of Exxon.

[marketgod]

Definitely. Not saying don't put money in ETFs but the returns aren't as fast and you have to earn a good salary to do so.

However adding some money into the market leaders would be a wise idea IMO. I.e. TSLA and AAPL. Since you are in the ETF ($SPY) for now then you are already invested in AAPL as it's the largest portion of it so adding TSLA which is going to be $5,000 in a decade would be wise.

[mikeodds]

Let’s agree a stake. If TSLA has doubled by the 1st of a March this year I will give you 2x, if it doesn’t, you have to me 10x. Deal?

[marketgod]

And why would I give you 10x if the market is giving me 100x? You should be giving me odds actually because I'm actually taking a bigger bet. Anyways when it cracks $440 on Monday and I get my new options, I will do 100% on those meaning it should be about $500 a share by Friday.

Also if what I said was so preposterous you should have said, I will give you 10x your return if that happens and give me a 2x if it doesn't.

[mikeodds]

Well you’ve stated it as an absolute, so it must be sure thing right?

[marketgod]

There are no guarantees in the market. If there was I'd be a billionaire right now.

You can place it in an lazy/bogleheads portfolio if you want to reduce risk and even that is not guaranteed.

The only difference between what I said and an ETF is $TSLA will turn $100,000 into $1M in a decade but the ETF will only turn $100,000 into $400,000 in that same time frame (if the SPY continues its 10-year returns.)

[AznHisoka]

I don’t understand why people do side bets when it comes to stocks. If you really believe in what you think, go sell some calls expiring in March instead.

[mikeodds]

Same, I was trying to highlight the absurdity of making absolute statements in regards to future performance of stocks.

[marketgod]

Well since I am one of if not the best full-time options trader I already do that. I also buy calls for better returns and unlimited upside.

Play: When TSLA gets over $440, I'm grabbing weekly $450s and looking for $500 targets.

[mikeodds]

Anyway of seeing a live stream of your trades? Genuinely interested

[marketgod]

My Discord has live entries, exits and plans. I am considering setting up a small account ($50K) that I will live stream and people can see my clicking live so they can follow it live.