WeAre- I currently have about 25% in an open account and 75% in traditional IRAs. Not smart enough early on to go with Roth. I invested about 3-1/2 years ago, but had heard about LQMT before. I was pretty much all in by .12-.13, added a tiny amount lower, but not much. For ease I just call my cost basis .13. My take on “the plan”. I plan to pivot towards the end of the year depending on situation. Perhaps take some money off the table. Depends on the team coming through with their business plan and how LQMT fares.
@ $0 – Also would really suck but wouldn't change lifestyle (though wife may kick my butt), kids are all but through college now. Just number six is left and will likely cash flow it himself with some help.
@ $1 - Game changer, keep IRA (minus initial investment) and sell the open account to pay off remaining mortgage. Bust my buddie’s asses for screwing with me when this thing went back to .06. Tell the wife “I told you so”, then quickly duck.
@ $4 - Life changer, keep IRA and evaluate. At this point we should be approaching NASDAQ. Earmark some of the funds for future use. I’m pretty close to withdrawal age in 7 years lol. I will need more info, but probably reduce position to rebalance risk. Point out to my buddie’s how they should have invested. Come up with a good reason we cant spend any of this money for my wife. I mean why she cant spend any of this money.
@ >$4 - Generation changer, change the family tree. Fund up college for my five grandkids. Reinvest some and prepare to give some away. Maybe buy a used Tesla Model 3 and take my buddies for a ride. Avoid the subject with my wife for a while. Still got to get to 59-1/2, but hey the mortgage was paid off when the unicorn was still young.
@ $25 – To the moon, cut down and replant the family tree. Fund up retirement for my entire family, kids grand kids etc.. Buy that modest beach house for the wife. Invite my buddies down just for the weekend and make sure that they know this is the house that LQMT built. Switch careers to community service based work. Use that to find more ways to give money away to those who could use it. Keep some stock for when this thing goes to $100+.
From really sucks to the moon. I agree the odds are better than playing the lottery. Kidding aside, I do believe that there is a big upside in the now, the near present and I’m thankful for the opportunity to participate. Gotta have dreams and a strong “Why”. Good luck and a happy 4th.
