*Investors Blog*

I’d suspect that most folks have invested in themselves.

But most folks don’t get thousands of options at single digit prices that change to triple digit prices (my recollection of the scenario that you mentioned openly on this thread). That’s not being upset, jealous, whatever. Good for you. It’s not the same outcome for most. And it’s not like the situation for most is borne out of bad decisions or a bad hand. It’s just what it is.

It’s easy to talk about wealth management when given a windfall. Or an inheritance, or whatever. More strategy, and now to the grindstone is needed for the rest. You put your nose to the grindstone in different ways. We get and respect that. But here, folks are generally trying to make something from nothing but meager inputs. To me that’s a difference. Put yourself back in your shoes at LAM or wherever when you were a few years in and had no options.

Not trying to be a jerk, just saying that your path is different it seems…

I suspect I’ll get a significant windfall when my parents pass. And wouldn’t hope for those days ever. I’ll take clawing my way to $MM net worth besides the house by saving pennies and dollars, and all four parents living. I was given a college education paid for, and a lot of moral support. Many folks don’t even get that. We’re all trying to get into your shoes :)
We are saying the same thing. Apologies if my posts seemed otherwise.
FYI, to me "invest in yourself" refers to lifelong education. One example of that is this forum.
 
Hope everyone was out of NYCB! Thank goodness. I sold my shares for a nice profit a month or so ago. Sold covered calls then bought them back for a small gain..................but yeah phew.

I did buy the NYCB preferred this AM on sale for $19
 
Hope everyone was out of NYCB! Thank goodness. I sold my shares for a nice profit a month or so ago. Sold covered calls then bought them back for a small gain..................but yeah phew.

I did buy the NYCB preferred this AM on sale for $19
I see why Buffet likes banks so well
 
Buffet sold off all his bank stocks late last year I thought. I would need to look it up again.

Buffets also been known to praise bank stocks right around the time there getting ready to sell.

If you don't believe Buffet doesn't have a direct line to the regulators - then I have a bridge for sale.
 
I did buy the NYCB preferred this AM on sale for $19
Forgive me, Schwab is worthless. However it says the original coupon was 6.38 at 25.00 face. So its around $20 now so the coupon is around 8%?

1706723584210.webp
 
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