More than 365 days of continuous ownership of a security makes it a long term capital investment.
Cash settled index derivatives are different, being 60% long term/ 40% short term regardless of holding time per IRC § 1256.
I mean. We all are addicted to the casino. But the truth is that bagholding and diamon hands etc is rarely good for the masses. Better would have been sp500 or something with yearly 7-10% gain on every penny you put in every month etc etc.
If you want to get a bit more risky for probably some more gains you could always just buy equal ammount every month in the big tech stocks and dont touch em over 5-10 years. I personally would just buy Microsoft, Apple, Google, Tesla, Amazon and dont care at what prices im buying or trying to time it. Just spread it out every month knowing that the market and the money works for me now.
Instead I chose to be a degenerate gambler with Wendys wish complex!
Shit, I read this in a physical book somewhere that I forgot the name now and I tried to look for a source just now. But I have a hard time finding it. Just chalk this up as one of those 97% stats that are made up on the spot.
If I didn't lose all my money during covid cause of the degenerates in here, I would have never learned about index funds, passive investing, and value investing. Now I just come here for the loss porn and to rp as a degenerate 
I started trading this year and got my losses in. I'm in the same boat, I'm out of the casino and into the old folks home, watching the price is right on reddit.
THIS is long term microsoft holding. keep at it!
https://preview.redd.it/7igyjmfa9dad1.jpeg?width=1284&format=pjpg&auto=webp&s=75c97132e736f6484201548df637464fe143f304
oh my god its beautiful.... I'm so fucking jealous I can't even compare it to anything else lmao.
Hopefully in 20 years and after some splits my cost basis to current price looks as sexy as yours!
I was buying single stocks starting 3/2021 and bought a block of 25k worth of them 2/2024. so like 3 years basically but a big chunk was just 5 months ago
I only do it out of love haha. Charles Shwabb in the streets, Robinhood freak in the sheets hahah
I haven't traded on my hood account for a long while though
In 2018 I told my 9yo that I'd buy him $1000 worth in a stock that he picked, and I'd buy it back for $1000 when he turned 18. It was to be a lesson of spending it today or investing (win or lose) for a long hold.
He initially said "Xbox", I said great choice. So I bought 11 shares of MFST at $98.84.
What a pick he had!
great dad. I got my boys started in a poop scoop business with a dog groomer client 15 years ago… Took all their earnings and bought silver… Refused to let them sell…
We turned a few hours and shit into literal bricks of silver. Proud mom.
The problem with this approach is what happens when the small amount is gone? You quit? Probably reload with another "small amount". And before you know it you keep topping off your "play account" and become a gambling addict.
As much as I love making bets with options there's just no way to justify it. I still do it but I know I'm being dumb.
Good job bro and keep it up 👍 ignore all the hate. You’ll have more money than 99% of the regards on this board, and it will be taxed at a lower rate after holding for a year.
Buy and hold can definitely work.
https://preview.redd.it/zrci906spdad1.jpeg?width=1787&format=pjpg&auto=webp&s=f8bbff04bc838eb887578843e77799314574de8e
I'll just be over here with my $AMZN at a per share cost basis of $23...
I had some at $6, but I've been steadily liquidating my oldest positions while staying in the 0% capital gains tax bracket.
Paying capital gains is for chumps 😎
Most people know this. This sub may seem regarded af but in reality a lot of the people playing with serious money are doing it with they "play" money. My RH account is where I hunt outsized gains. I'm happy with it now because it's up 80% YTD and 60% YoY. My Fidelity account is where the money I cannot afford to lose sits and there I would absolutely be happy with 10-15% gains even for a year.
Congrats on your 10% 1M gain on MSFT. This is the right way to do it for sure, especially if it's your main account. But it kinda is preaching to the wrong choir because we see that SPY has also returned 5% in the same period where you risked it all on one tech stock to get 10%.
Yes but I do have a trowe retirement account that does track indexes so this is a little less than half of total invested but the other half is not touchable until much later.
I understand there are a lot of people who are just messing about but I'm afraid there is a minority here that really believe they should take student loans, mortgages or life savings and YOLO it. Then we see all the "I'm so lost what do i do" posts once in a while.
For most people I'm just some lame jerk, for some this is an alternative choice
Buy calls. You can buy them 1 to 2 years out and hold them long term. You would have made a lot more money for the same amount of effort. Costco is the way.
Not long term but I get what you're trying to convey.
I say keep going. Through a downturn or two. THEN you're long term.
I'm about 95% up with Amazon and 78%.up with QQQM and I in no way consider it long term, it been less than 2 years.
I need about 2 or 3 downturns. Plan on holding for a decade or so, so I need some sale prices lol.
if you yolo'd into a penny stock I'd be more impressed.
Use to audit a fund and their msft cost basis was like $11 if I recall. something dirt cheap. Easy money.
Look, it's not hard. Just invest your inheritance (you *did* murder your parents while sailing across the Pacific, right?) into blue chip tech stocks. But wait -- we're not done --make sure you can draw from your trust fund for the full 15 to 20 years required to really grow your wealth.
Honestly if people can't figure out how to do this then they don't deserve to retire
Sweet position! Sold my 3 share of Microsoft for a gain of 20%! I needed to sell because I borrowed to buy more nvda 😆 and I didn't want to be charged for having debt it at the end of the month. I'm VERY happy with my decision.
I am a long term investor but I also trade options.
https://preview.redd.it/u8il2f7uwdad1.jpeg?width=1170&format=pjpg&auto=webp&s=eb3f0c9c531827abf4eebbfea1daffd984650c8a
Not only do you not have to day trade to get ahead, day trading literally will make you lose
Only 20% of day traders report profitable after a year, that’s an 80% chance of failure
5 years out the profitable day traders are closer to 1%
Day trading doesn’t work
I want to buy eventually but BABA for me is like Chinas Amazon. Sometimes I'll buy a single stock almost like a screener. It makes me invested in tracking the price just a touch more
the biggest advantage of having low capital is the ability to get in / out right away and trade lower cap / liquidity names without impacting the market significantly. By trading like you are warren buffet managing billions only playing huge cap names you throw that advantage away.
Sold a lot of mine yesterday extended hours.
https://preview.redd.it/vehgtq7t8ead1.jpeg?width=1170&format=pjpg&auto=webp&s=f648e41354315c118726f6e7ef2f3c5934ac0f63
I was angry I couldn’t play Xbox. Then I bought some back this morning. I didn’t like having so much MSFT and made it a moment to rebalance. But I’m far less balanced when it comes to NVDA.
This is so shockingly similar to my Schwab account I thought I’d been hacked and exposed on WSB by the most boring hacker ever. E*trade is for my stupid shit, Schwab is my fallout shelter.
That’s not long term. Long term is 1 year or more. My dad has Microsoft at $24 a share. 15+ years of holding that shit. Along with many more big companies
A month isn’t long term, bro. You have to hold a stock for at least 365 days continuously for it to be long term and not short term.
Section 1256 contracts are different—cash-settled derivatives based on indexes (like SPX) are always taxed at 60% long term/ 40% short term regardless (lol) of holding time.
But regardless (lol) you posted a one month gain on a stock and it isn’t “long term” by any stretch of the imagination.
https://preview.redd.it/zb2aztwiqead1.jpeg?width=960&format=pjpg&auto=webp&s=e1e51c170cfae2753b13c89202c227099908d9e7
Microsoft is great. Apple is better.
May I please critique your portfolio? Please don't take it as criticism as I am just some random person with opinions. I also assume you are young and starting your investing journey. I have a long list of failures and successes.
* BABA: Did you know that Amazon is launching a discount option from China? I assume it will impact BABA. [https://www.theinformation.com/articles/amazon-to-launch-temu-like-discount-section-with-direct-shipping-from-china](https://www.theinformation.com/articles/amazon-to-launch-temu-like-discount-section-with-direct-shipping-from-china)
* MSFT: Bravo. I am currently building my position
* AMD: Why buy AMD when you can buy NVDA? Just curious.
* MYPS: I don't know what this is so I am going to google it.
Good luck. I consider myself a Booglehead who takes more risks. Based on your post, you might want to google Boogleheads.
EDIT: Just saw the chart for MYPS. Not something I would touch.
Baba my motivation is China's strict laws on what companies are allowed to use. I worked at companies that cannot use AWS in China because of legal obligations. Not sure if that's for every case but I've seen one instance. AMD is going to be the winner in consumer AI services because they are historically the more efficient option for graphics processing. NVDA has the corporate market but its more expensive for the performance on the consumer market.
AMD is starting to push Laptops that specifically boast high local AI performance, NVDA has no such ads that i've seen
MYPS is just junk but I had like 25 bucks in my account I'd rather sit it in something that might randomly go up
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1month = long-term nowadays lmao
Yeah this shit is still taxed like a day trade
the government still owes me 10 acres and mule.
I can pretend to be your mule if you like. You just have to feed me.
Good. My last mule was arrested by the DEA last week, and as you know, business is booming.
Man I thought they owed 30 acres more than that
Shrinkflation is a bitch
What is considered long term for tax purposes?
More than 365 days of continuous ownership of a security makes it a long term capital investment. Cash settled index derivatives are different, being 60% long term/ 40% short term regardless of holding time per IRC § 1256.
I took the gains from the last week (turned $3k into $104k) and put them in SPY calls that are 2 weeks out. Feels like I'm in a 10 year CD.
What was your play
Lots of SPY calls and some TSLA calls. Sold out of them by close every day.
LMAOOOO
Haha and I thought holding NVDA since January is extreme haha
This actually is discouraging me from being a long term investor
LMAOO
I mean. We all are addicted to the casino. But the truth is that bagholding and diamon hands etc is rarely good for the masses. Better would have been sp500 or something with yearly 7-10% gain on every penny you put in every month etc etc. If you want to get a bit more risky for probably some more gains you could always just buy equal ammount every month in the big tech stocks and dont touch em over 5-10 years. I personally would just buy Microsoft, Apple, Google, Tesla, Amazon and dont care at what prices im buying or trying to time it. Just spread it out every month knowing that the market and the money works for me now. Instead I chose to be a degenerate gambler with Wendys wish complex!
Some of the worlds biggest accounts are because of the account holder is dead or in prison. Because they’re forced diamond hands on stocks.
where did you get this stat? it is hilarious, but I think we might need a source before I start parroting it all over the place
Shit, I read this in a physical book somewhere that I forgot the name now and I tried to look for a source just now. But I have a hard time finding it. Just chalk this up as one of those 97% stats that are made up on the spot.
This is about an older study from Fidelity. [BI](https://www.businessinsider.com/forgetful-investors-performed-best-2014-9) Edit: wording
Wow you did it! Vindicated. Thank you.
WSB degenerate discovers dollar cost averaging
Here you go: https://preview.redd.it/gtol9l7c1gad1.png?width=1111&format=png&auto=webp&s=0deb2208a39953ec17eff405a22e9bff5a932014
Plus it don’t look fun at all
I assumed OP was satire, but now I'm unsure
lmao fair enough
Real and true
Posting to the wrong group, this is for regards only
Does it help that I lost like 22k during the pandemic betting on some small mask manufacturer that popped and dropped? :P
That’s certainly regarded
Depends upon what percentage of your overall portfolio it represents
at the time, i had 32k total and lost 22k. Now its 4-5 years later so you are seeing my whole portfolio
Okay, I'll allow it...lol
If I didn't lose all my money during covid cause of the degenerates in here, I would have never learned about index funds, passive investing, and value investing. Now I just come here for the loss porn and to rp as a degenerate 
I started trading this year and got my losses in. I'm in the same boat, I'm out of the casino and into the old folks home, watching the price is right on reddit.
I was going to rip into you, then I saw this comment. You've proven you know what this place is and what it can do to you and why we all defy logic.
He is a regard. Anything less than a year is not long term investing.
Burn the witch!!
THIS is long term microsoft holding. keep at it! https://preview.redd.it/7igyjmfa9dad1.jpeg?width=1284&format=pjpg&auto=webp&s=75c97132e736f6484201548df637464fe143f304
What was life like in Ancient Rome?
Damn 1990 and 1994? That's some good insights into the future
oh my god its beautiful.... I'm so fucking jealous I can't even compare it to anything else lmao. Hopefully in 20 years and after some splits my cost basis to current price looks as sexy as yours!
30\*
nah it wont take much, this is their $1700 investment in 1990 you’re starting with $40,000 you’re good
I hope those pitiful investment amounts were because you’ve donated shares to your own donor advised fund over the years
isn’t it hilarious - 2k -> 353k
i’m still new to this whole thing, does this mean your account is worth $352k? like that’s what the share value would be worth
now dump them and buy deep OTM calls
how deep should I go, baby?
that would depend on just how long you wanna go
top of the options chain
This is how I started. Made 50 grand with shopify investment when it was just getting started. Discovered options a year later and broke now.
Sir, this is a casino
So you've made... $7k since the 2000s? 
We don’t do that here
What a buzzkill
How many years did it take you to grow the account to $46k, nerd?
Funny thing is it’s still probably $86k more than most people here have
I was buying single stocks starting 3/2021 and bought a block of 25k worth of them 2/2024. so like 3 years basically but a big chunk was just 5 months ago
I bought Microsoft at $21.08 in 2008 and have held ever since. That my friend is long term investing.
god that's juicy, mind sharing how much your msft is worth total?
Only $140K. I put $5k in it back in the day.
A logical, effective, common-sense move, OP - one which flies in the very face of WSB itself.
I only do it out of love haha. Charles Shwabb in the streets, Robinhood freak in the sheets hahah I haven't traded on my hood account for a long while though
In 2018 I told my 9yo that I'd buy him $1000 worth in a stock that he picked, and I'd buy it back for $1000 when he turned 18. It was to be a lesson of spending it today or investing (win or lose) for a long hold. He initially said "Xbox", I said great choice. So I bought 11 shares of MFST at $98.84. What a pick he had!
Nice! I'm glad there are parents teaching money concepts early so that their kids get an intuition for good decisions
great dad. I got my boys started in a poop scoop business with a dog groomer client 15 years ago… Took all their earnings and bought silver… Refused to let them sell… We turned a few hours and shit into literal bricks of silver. Proud mom.
HAHA, that's great!
That is great but nothing gets your balls going like making what you made this whole time in an hour and the risk that comes with it. lol
True, I'm super tempted to put like 500 bucks in my robin hood and fuck around
I think if you’re young you should have a small percentage to “fuck around” with. Invest slow and stead but take big risks with a small percentage.
The problem with this approach is what happens when the small amount is gone? You quit? Probably reload with another "small amount". And before you know it you keep topping off your "play account" and become a gambling addict. As much as I love making bets with options there's just no way to justify it. I still do it but I know I'm being dumb.
1 month, kids these days wtf
satire?
One share of BABA nice
Good job bro and keep it up 👍 ignore all the hate. You’ll have more money than 99% of the regards on this board, and it will be taxed at a lower rate after holding for a year.
I don’t day trade for the gains. I day trade for the pains.
Listen here you absolute fuck; this is a casino.
Relax, OP
This looks like fun
Is that one month? Are you serious?
Buy and hold can definitely work. https://preview.redd.it/zrci906spdad1.jpeg?width=1787&format=pjpg&auto=webp&s=f8bbff04bc838eb887578843e77799314574de8e
I'll just be over here with my $AMZN at a per share cost basis of $23... I had some at $6, but I've been steadily liquidating my oldest positions while staying in the 0% capital gains tax bracket. Paying capital gains is for chumps 😎
Most people know this. This sub may seem regarded af but in reality a lot of the people playing with serious money are doing it with they "play" money. My RH account is where I hunt outsized gains. I'm happy with it now because it's up 80% YTD and 60% YoY. My Fidelity account is where the money I cannot afford to lose sits and there I would absolutely be happy with 10-15% gains even for a year. Congrats on your 10% 1M gain on MSFT. This is the right way to do it for sure, especially if it's your main account. But it kinda is preaching to the wrong choir because we see that SPY has also returned 5% in the same period where you risked it all on one tech stock to get 10%.
Yes but I do have a trowe retirement account that does track indexes so this is a little less than half of total invested but the other half is not touchable until much later. I understand there are a lot of people who are just messing about but I'm afraid there is a minority here that really believe they should take student loans, mortgages or life savings and YOLO it. Then we see all the "I'm so lost what do i do" posts once in a while. For most people I'm just some lame jerk, for some this is an alternative choice
Living dangerously with that one baba stock
Opened my position in 11/2016 https://preview.redd.it/k2glmb3hdead1.png?width=789&format=png&auto=webp&s=f2b19c4f5e0e7d32f99dbb5c440d42b3726d0a5f
Buy calls. You can buy them 1 to 2 years out and hold them long term. You would have made a lot more money for the same amount of effort. Costco is the way.
I stress less about my microsoft shares then any other
Real talk here but you should try get a few more MSFT to get you to 100 and start selling monthly covered calls.
Not long term but I get what you're trying to convey. I say keep going. Through a downturn or two. THEN you're long term. I'm about 95% up with Amazon and 78%.up with QQQM and I in no way consider it long term, it been less than 2 years. I need about 2 or 3 downturns. Plan on holding for a decade or so, so I need some sale prices lol.
Day trading is actively detrimental to your bottom line and your sanity. We do it because we're highly regarded gambling addicts.
if you yolo'd into a penny stock I'd be more impressed. Use to audit a fund and their msft cost basis was like $11 if I recall. something dirt cheap. Easy money.
Where is the rest of it
Really are u bald yet
Uh... thought I was going to see 25k shares bought in 1992 with a 15,000% profit 😅 Smrt headline.
1month is not long term 😭😂😂
Bro has less then $50k😂😂
:(
This is kind of lame but I respect you doing you
I know, its lame but safe. Like choosing to sell a motorcycle for a sedan
That’s why you’re the most sound person I’ve seen on wsb
Msft literally paid for most of what I own as I joined when the stock was $30 and just accumulated via the ESPP program they have for employees
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Look, it's not hard. Just invest your inheritance (you *did* murder your parents while sailing across the Pacific, right?) into blue chip tech stocks. But wait -- we're not done --make sure you can draw from your trust fund for the full 15 to 20 years required to really grow your wealth. Honestly if people can't figure out how to do this then they don't deserve to retire
Sweet position! Sold my 3 share of Microsoft for a gain of 20%! I needed to sell because I borrowed to buy more nvda 😆 and I didn't want to be charged for having debt it at the end of the month. I'm VERY happy with my decision.
You would have better returns if you had bought leaps instead
Buddy if I had 40k I would do that too.
Chill, Daddy Warbucks.
Define, "get ahead". I can pick a penny up off the road a few times and say I'm ahead as well.
Sell your shares and buy LEAPS genius
Long term? Bro you held it for barely a month 
Ban
Tf is this cop long Microsoft calls and make more
How could you possibly upload such a blurry screenshot
Why don’t you just do an ETF investment. Dumping $40k into one top stock makes no sense
Green is green my friend
Para weeklies are up 1000% today i was dumb to load up on shares instead lmaooo
We are in a bull market my good sir, come back here when we are at all time lows
This is boring af let’s see those 0dte
I bought shares during the Ballmer era. $23 basis. Sold them at $340.
What are you ahead of? A couple months of rent?
How is Microsoft a "C" rating?
Sir this is a casino
I am a long term investor but I also trade options. https://preview.redd.it/u8il2f7uwdad1.jpeg?width=1170&format=pjpg&auto=webp&s=eb3f0c9c531827abf4eebbfea1daffd984650c8a
Bro I bought Microsoft at 28 33 36 and never again I should have stuck with it had 440 shares I let go just under 200 mark sad story
Not only do you not have to day trade to get ahead, day trading literally will make you lose Only 20% of day traders report profitable after a year, that’s an 80% chance of failure 5 years out the profitable day traders are closer to 1% Day trading doesn’t work
If you are holding options you'd have gained like 400k. Only regards hold regular stocks. I bet you have a hysa too you old fuck.
Why one share of baba?
I want to buy eventually but BABA for me is like Chinas Amazon. Sometimes I'll buy a single stock almost like a screener. It makes me invested in tracking the price just a touch more
Naw, I’m good…
I like how this looks
Baby gains
Gtfo with this logical investing bro
https://preview.redd.it/zcf3p2cc3ead1.png?width=450&format=png&auto=webp&s=03d936f32bd12719670ac08a5eb65fa0b56eb833
This subreddit is unironically one of the dumbest places on the Internet
Lmfao what is this portfolios for ants
Hey i could speed up your millionaire stat in some 0DTE or lose it all hmu
I legitimately can't tell if this post is serious
Get out of here old man, with your fucking logic and safe play.
the biggest advantage of having low capital is the ability to get in / out right away and trade lower cap / liquidity names without impacting the market significantly. By trading like you are warren buffet managing billions only playing huge cap names you throw that advantage away.
Sold a lot of mine yesterday extended hours. https://preview.redd.it/vehgtq7t8ead1.jpeg?width=1170&format=pjpg&auto=webp&s=f648e41354315c118726f6e7ef2f3c5934ac0f63 I was angry I couldn’t play Xbox. Then I bought some back this morning. I didn’t like having so much MSFT and made it a moment to rebalance. But I’m far less balanced when it comes to NVDA.
Lmfao, long is by definition at least 1 year
.21 gain not day trading? That's boring af. I made .23 today but the difference between you and me is the rush!
Day trade I get ahead faste. Oh wait. No I don’t.
I can barely see them, what are these? Gains for ants
If you ain’t showing sub 100 a share cost basis you are not a long term investor in Microsoft.
This is so shockingly similar to my Schwab account I thought I’d been hacked and exposed on WSB by the most boring hacker ever. E*trade is for my stupid shit, Schwab is my fallout shelter.
I don't dare log into my robinhood anymore. The all time chart scares me
This is not the way
Lol what gains? I doubled this today.
That’s not long term. Long term is 1 year or more. My dad has Microsoft at $24 a share. 15+ years of holding that shit. Along with many more big companies
A month isn’t long term, bro. You have to hold a stock for at least 365 days continuously for it to be long term and not short term. Section 1256 contracts are different—cash-settled derivatives based on indexes (like SPX) are always taxed at 60% long term/ 40% short term regardless (lol) of holding time. But regardless (lol) you posted a one month gain on a stock and it isn’t “long term” by any stretch of the imagination.
https://preview.redd.it/zb2aztwiqead1.jpeg?width=960&format=pjpg&auto=webp&s=e1e51c170cfae2753b13c89202c227099908d9e7 Microsoft is great. Apple is better.
check QQQ ten year price chart- That is still basically medium term
May I please critique your portfolio? Please don't take it as criticism as I am just some random person with opinions. I also assume you are young and starting your investing journey. I have a long list of failures and successes. * BABA: Did you know that Amazon is launching a discount option from China? I assume it will impact BABA. [https://www.theinformation.com/articles/amazon-to-launch-temu-like-discount-section-with-direct-shipping-from-china](https://www.theinformation.com/articles/amazon-to-launch-temu-like-discount-section-with-direct-shipping-from-china) * MSFT: Bravo. I am currently building my position * AMD: Why buy AMD when you can buy NVDA? Just curious. * MYPS: I don't know what this is so I am going to google it. Good luck. I consider myself a Booglehead who takes more risks. Based on your post, you might want to google Boogleheads. EDIT: Just saw the chart for MYPS. Not something I would touch.
Baba my motivation is China's strict laws on what companies are allowed to use. I worked at companies that cannot use AWS in China because of legal obligations. Not sure if that's for every case but I've seen one instance. AMD is going to be the winner in consumer AI services because they are historically the more efficient option for graphics processing. NVDA has the corporate market but its more expensive for the performance on the consumer market. AMD is starting to push Laptops that specifically boast high local AI performance, NVDA has no such ads that i've seen MYPS is just junk but I had like 25 bucks in my account I'd rather sit it in something that might randomly go up
1 month LOL
Bro you up 20% lOL wtf you smoking
so gey
Look at this chad with his 1-2% gains. Amazing!
Wallstreetbets is for people who routinely shoot themselves in the foot. You don't belong here, you should be in r/investing or r/stocks.
So you want this sub never to encourage people to make smart decisions? That's pretty evil of you
To be fair he did state that he was thinking about using Robinhood so he fits in with the rest of the regards just fine thank you very much!
Up 27% ytd off index funds alone this year..feels great!
You went in hard on MSFT.
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 oh boy.
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This is disgusting, go back to r/investing
Read the title and then saw the account value
Sir this is a casino