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Alias Born 09/16/2005

Re: None

Thursday, 06/10/2021 9:42:03 PM

Thursday, June 10, 2021 9:42:03 PM

Post# of 647407
Just incredible returns for me - hope everyone is doing well

I continue to pay my estimated taxes on short term gains and trim $$ into cash for the days when it’s needed. I have an elaborate spreadsheet that tracks everything on a weekly basis on the 4 accounts I govern.

If you are hypothetically playing with $250k and grow it to $300k pay your $20k taxes on it and put $15k in cash for a rainy day. That cash is free and clear and now play with $265k and keep repeating.

That’s generally what I have done in the last 18 months. You have to be disciplined to take profits and remove some into cash. You will soon amass a large portfolio and a large cash position.

And give back obviously.

Just how I play it…my 2 cents

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