r/wallstreetbets • u/startedstonks04-2020 • Feb 01 '25

Gain 12k -> 115k @ 22 yr old

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Friend told me this is post worthy, anyways I’m blessed. I withdrew everything and put it all into VOO. Hoping I’ll be ahead of my age group for future retirement. God bless America.

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162

u/CameraPure198 Feb 01 '25

Great! Nvda puts?

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u/startedstonks04-2020 Feb 01 '25

yes, I was scared to shit when I held these over the weekend bc ppl posted holding 100k calls of NVDA on the friday I bought these lol.

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u/CameraPure198 Feb 01 '25

Good for you, enjoy! I am a pussy, I make the right trade but exit too early!

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u/startedstonks04-2020 Feb 01 '25

tbh, I still live like I don't have this money, life spending habits rlly minimal. Though I am tempted to use some of this to go travel somewhere...

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u/Chapin_Chino Feb 01 '25

Bruh at 22 you can enjoy some of that.

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u/startedstonks04-2020 Feb 01 '25

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u/Ienjoymodels Feb 01 '25

Keep that attitude and you will retire in your 30's.

The job market will exploit you within 5 years of your death and will send you home with a pat on the back.

Exploit the exploiters and stay away from lambos.

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u/wollywink Feb 01 '25

correct take, invest it (saFely)

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u/1masp3cialsn0wflak3 Feb 01 '25

1 trip somewhere, max expenditure 10k. Any of the cheap fun tourists destination countries can be awesome so long as you travel light.

But yeah other than that just plonk in ETFs and chill. You earned your keep, wish me luck when I finally cave to my temptation of options! Going to try my hand at scouring for news on related stocks.

Oh yeah btw where did you read abt deepseek before the news went mainstream??

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u/Ok_One_8106 Feb 02 '25

it was publicly out well before the crash. More than 1 day for sure.

edit: markets also don't make sense to me on this stuff and make me think of putting the tin foil hat on. Not sure why it would not fall right away but several days later

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u/[deleted] Feb 01 '25

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1

u/flying-sheep2023 Feb 02 '25

Before you do anything write a check to Uncle Sam. If you lose the money you will still be on the hook for past year's gain

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u/[deleted] Feb 01 '25

you should to reward yourself. Use 15k for travel and fun and keep 100k at the bank in a high yield savings account that you never touch

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u/startedstonks04-2020 Feb 01 '25

should I go travel more when i'm young vs later when I have a family? I wanted to save my $ for travelling when I have future kids and a wife, but I heard solo travelling is a must.

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u/[deleted] Feb 01 '25

solo travelling is amazing as it pushes you out of your comfort zone and make you grow, and you're young with energy, you don't have to spend a lot and can sleep in motels where you meet other solo travelers. It's an amazing experience and gives you a break in your head from your life, def do it when you're young

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u/startedstonks04-2020 Feb 01 '25

Thanks for this!

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u/dreddie27 Feb 01 '25

And traveling young will be good for your self development and better chance for meeting a better wife.

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u/i_Love_Gyros Feb 01 '25

On the flip side, I actually found solo travel very depressing so maybe start cost effective until you feel it out

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u/Odd_Account_9822 Feb 01 '25

Probably should get some gold too with the way things are going!

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u/fadingsignal Feb 01 '25

YES, also as you get older it becomes more difficult as your obligations grow, and for many people, their health and energy decline.

Plus, traveling is not only fun, it's extremely educational. You learn so much about other cultures and get a big picture of the world that helps you with even career and other kinds of interactions and planning.

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u/Personal_Lobster_930 Feb 01 '25

I’ve travelled solo till my late thirty’s, best time ever. Met Americans in their sixties at mnt Everest base camp. They’d wish they did that journey in their thirty’s. Nepal is dirt cheap to, do that. I’ve been there 2 times, wish I could go again, but I have a daughter.

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u/[deleted] Feb 01 '25

The future is not guaranteed. I picked up a couple injuries and a chronic illness and can't travel like i could when I was early 20s. It's just too much and I'm only in my 30s. Anything can happen before you have a wife and kids.

Also seriously stop trading until you have 2 accounts. One for long term investing with options not approved. One for gam- I mean trading. Get this money transferred to a different brokerage and take next week off. I know you're young and you prob won't listen but if you do you'll thank me later.

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u/startedstonks04-2020 Feb 01 '25

Thanks for this, will do.

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u/Apex_62 Feb 01 '25

NOW... I've been traveling since I was young... All of my friends are just now experiencing some of the shit I did at 21-26... IF they're lucky .. life is about experiences... You may travel so much that you don't even wanna get married ... Might find your wife on vacation... Go experience life

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u/sciguyx Feb 01 '25

You ain’t traveling with a wife and kid my dude trust me

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u/CameraPure198 Feb 01 '25

Dude, spend like 1K at max to buy clothes, shoes, go local travelling with friends etc. don't spend too much. Live a frugal student early job life. Enjoy

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u/Firm-Reason9324 Feb 01 '25

Travelling with family come on shit ain't the same. Trips with the boys the best do it while you can. I hit vegas with boys twice a year and going Japan in the next 2 years

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u/muttmunchies Feb 01 '25

Travel now when solo. Kids + work = far far less likely. Plus traveling with kids is very very different. I needed a vacation from my vacation. I still had a great time but kids are a lot .

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u/Born-Department7983 Feb 01 '25

Go explore the world, you are so far ahead already. Travel through europe for a couple months. Meet the people there go to parties with them, enjoy the culture and live life. Those months will be among the best of life. And honestly the best the world has to offer :)

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u/Comfortable-Will231 Feb 01 '25

Traveling with a whole family is a headache and a ton of effort. Travel young and solo

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u/Affectionate_Total99 Feb 01 '25

Travel while young, feel out the world, take the inspiration and energy home, keep grinding, and then start a family when it comes about. Then travel with your family knowing which places are your speed, feel family friendly etc. when the opportunities present themselves

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u/Terrible_Ebb_1440 Feb 01 '25

If travelling sounds compellingly exciting to you then by all means do it.

If, however, it feels just "ok" as in you don't necessarily crave it then instead take the $15k and really roll the dice with it.

If you lose, then you really lost only the memories and experiences of a European trip (which you can always do later whenever you choose, maybe with a wife or family or whatever) because you would have parted with that $15k money anyway by doing the trip.

But if you win, then you've just hit another milestone/jackpot. That might be exciting and exhilarating too. Might be? lol. You can then go travel. Or, wash - rinse - repeat.

1

u/Schnawsberry Feb 01 '25

Solo travel and do it on the cheap. No fancy hotels and dinners, live like the locals. That's when you find the really interesting things about a place

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u/thefartballoon Feb 01 '25

I went backpacking 7 months in Asia and went to Japan 3 times in my 20s. This was the best time of my life. I say go for it, it's the best time to enjoy life. You never know for sure you're going to wake up tomorrow. But good on you for thinking about your future and investing this money in VOO. Very good call. Just don't forget there's more to life than money. Experiences over everything else.

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u/thedragonof Feb 02 '25

Bro go travel if you want to. The money thing is in your head you can literally spend less money while you are traveling than you are right now if you want to. DO IT

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u/username_235 Feb 02 '25

When you get a family you won't travel big for the first years until the kid(s) are at an age that makes sense. So honestly. Travel now with your friends. Travel then with your future spouse. Just enjoy and experience the world.

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u/TheeAlohaRoss Feb 02 '25

My biggest regret when I turned 50 was not traveling as much when I was young and healthy. See the world. It's big and beautiful. Outside the USA it is very low cost. I live in Thailand now. So much cheaper than the USA.

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u/fergoshsakes Feb 02 '25

Solo travelling is also far more affordable and flexible. Lots of places you can go as a young adult where you'd hesitate to take your family.

$15k will give you incomparable life experiences you will remember for the rest of your days, and it'll be a round error in your retirement savings. Just keep 90-100k of the remainder locked away for keeps.

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u/Ada-Millionare Feb 02 '25

First amazing advice, the second is just dumb and stupid. He'll have in 4 years 100800 if he's lucky but that money will be worth less, way less. That 100k a duplex, or apt. Affordable housing in his respective county and enjoy that passive while the property increase in value.

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u/[deleted] Feb 02 '25

with the recent tariffs and economy uncertainty, i wouldn't venture in real estate for now. I would wait for prices to decreases and stabilize first. Millions of illegals are about to be deported = vacant homes

0

u/Ada-Millionare Feb 02 '25

We are looking at the short term here... You gotta follow the money and real estate has always being that market. Inflation will kill and destroyed all savings. I've expencting a correction of the house market for years, especially where I lived and that just haven't happened yet so imo depending of OP location a good affordable housing apartment could be get for 100k.

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u/isospeedrix Feb 01 '25

lol I had a big win this week too but just eating ramen and left over company pizza

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u/The_Luon Feb 01 '25

Make it rain at the strip club 💀

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u/hnxmn Feb 01 '25

Hey, if you want to enjoy it in a humble way, you could consider dropping a small donation on a charity of your choice. None of the poor person guilt attached to spending it on yourself (but also you should treat yourself too)

1

u/Ruckus292 Feb 01 '25

I'll tell you what my gran told me before I dumped $15k on a 3 month tour through south east Asia...

GO SEE THE WORLD BEFORE IT CHANGES

1

u/fadingsignal Feb 01 '25

Absolutely enjoy some of the winnings. Just set a hard cap and do something worth it like traveling rather than just buying an object (that can come later.)

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u/johannbl Feb 01 '25

Travelling is an investment on who you are. The perspective and the new connections you make will push you further than money can. It’s a good idea.

It’s also a good idea to not upgrade your life style based on lucky money. You’re gonna be fine.

1

u/Finchyy Feb 01 '25

Unsolicited advice that may not work for your situation: You could consider moving outside of the US, e.g. Europe. Your money will do more there, the quality of life is often higher, and taxes you pay are often seen in the world around you.

I say this as I know a few Americans who'd love to "escape" but don't have the capital.

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u/kellyclarksn Feb 01 '25

dont forget to calculate how much youre going to have to pay in tax on that short term capital gain and set that asside. It's easy to forget about tax

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u/PlayerPlayer69 Feb 01 '25

That’s a great mentality that’s going to take you far, buddy.

It is incredibly lucky and advantageous simply having 15k at 22, so think about having $100k.

Although you did earn it, it is a different feeling than profiting on something you diamond handed. This was quick and dirty. It feels wrong.

Remember that feeling, spend it frugally, and you’ll be forever basking in the sunlight.

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u/grgreen21 Feb 02 '25

Travel solo to Europe. Though I am only 33, that was the best time of my short life and I’ve done almost everything under the sun in my 20s.

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u/xHybridTraderx Feb 02 '25

dont forget to pay big brother first

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u/neolytics Feb 01 '25

How much of your account did you have at risk on this trade?

I made a lot of money on this event too, but I saw it unfolding 30 days ago without knowledge of deepseek.

I did not make that however and I suspect I probably never will because... I trade all the time.

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u/startedstonks04-2020 Feb 01 '25

12k

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u/neolytics Feb 01 '25 edited Feb 01 '25

Was that 100% of the account?

It's fine, I know the answer is yes.

Lol kid, good for you.    I could never do what you you did because the money I manage is literally the sum total of my life's effort and that of my friends and family.

The probability of what you did is approximately 0.

You are a statistical anomaly, potentially a quantum paradox. I don't know if you have used the entirety of your life's luck or if you are a potential GOAT, but in either case I think you are wise to dump it into VOO.

Let me know how your hedge fund goes.

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u/D1NRD Feb 01 '25

Hahaha this is some Big Short play well done!

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u/SeaEconomist5743 Feb 02 '25

Damn I bet you felt good coming out on top. Well done!

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u/KaplovStockTrades Feb 02 '25

where did you see deepseek news before mainstream ?

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u/ILuveTacos Feb 01 '25

Which Puts were you holding for such short term profit? And congrats. A really good amount to help your financial stability.

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u/TheNightsGate Feb 01 '25

Isnt a put option normally based on a standard lot of shares, aka 100 nvidia shares per put contract ?

When I tried options on ibkr they basically stopped me, I think it was because I didn’t have the margin requirement.

100 nvidia shares is like 14k$, quite a lot of cash to have around locked but maybe you simply had it?

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u/Muggle_Killer Feb 01 '25

There is 2 pictures.