Updated as of last Friday (2/17/23):
Goal in 2015: $92k to $150k
- Thread starter universaller
- Start date
Updated as of last Friday (2/17/23):
What do you short to hedge your longs?
I do not have any short position on my portfolio but buy some S&P or NASDAQ100 puts for hedging. For some reason, I never made money on short positions - 99% of the time, my timing was bad.
As of yesterday (2/21/2023):
https://i.ibb.co/3CLz9cK/Untitled.png
As of yesterday (2/21/2023):
https://i.ibb.co/3CLz9cK/Untitled.png
As of yesterday (2/24/2023):
I'm in the process of pulling some capital out to acquire one (1) fast food franchise and one (1) gas station. I feel like there may be a market direction that I can't predict in near future.
I'm in the process of pulling some capital out to acquire one (1) fast food franchise and one (1) gas station. I feel like there may be a market direction that I can't predict in near future.
As of yesterday (2/27/2023):
Those two bis that you're participating in taking over, - will they generate better returns than this portfolio ?As of yesterday (2/27/2023):
Definitely lower in return but both businesses are passive. Right now, I'm in due diligence but they don't seem promising as their actual numbers are quite far away from what they told me.
In terms of returns:
Gas station is about 8%
Franchise is about 15%
In terms of returns:
Gas station is about 8%
Franchise is about 15%
12%~ average. Dunno.
Although passive and more reliable/stable, yet, em 12% returs are just pity.
Sounds like :
https://www.businessinsider.com/eating-at-the-100-million-new-jersey-deli-2021-4
As of yesterday (3/3/2023):
I decided not to acquire those businesses since I should stick to what I can do to make money.
I decided not to acquire those businesses since I should stick to what I can do to make money.