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Re: sjacobs26 post# 36554

Saturday, 02/16/2019 12:27:51 PM

Saturday, February 16, 2019 12:27:51 PM

Post# of 232880
I personally wouldn’t have done it without Mrs. BD’s buy in. I had my reasons, and your mileage may vary. Time spent consensus building cost me the opportunity to buy nearly 25% more shares with the same money, but that was worth it to me.

Please don’t take this the wrong way, as it’s a general PSA and not necessarily intended for you. Please approach the use of leverage responsibly and with respect to potential outcomes. As bullish as I clearly am, our conversation centered primarily on “what does it look like if this investment goes to zero?” I believe that the odds of that outcome are approximately zero, but nobody knows what they don’t know.

As I’m sure chump would say about the ponies... don’t bet what you can’t afford to lose.

And for further transparency, my position, even levered, is still only about 25% of liquid and less liquid (retirement accounts) assets. It’s a much larger portion if you look at liquid only. Much larger.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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