u/advan24r

Anyone have a recommendation that has done something similar?

Lots of good news with Anthropic and Databricks, also when you see the whole market green and seeing that VCX moves up along with it is promising. We all thought SPCX during their unlock periods opening up this past month was gonna drop it big time, and it didn't. I get it there's a few more unlock periods opening up but like Buffet quotes, "be fearful when others are greedy, and greedy when others are fearful." People just get emotional when they read that everyone is selling and thinking they have to so they can lock in some gains. You guys should know already when joining fundrise, that opportunity cost has been better elsewhere. This is just money I don't need yet and can risk leaving it in VCX for the time being when the dust settles. By the way, I requested a transfer from Computershare to Fidelity, estimated transfer completion date is August 20.

NVDA makes up about 35% of my growth portfolio and my cost basis would be in the single digits. I'm 47M, and my tax on this would be 0 since I have enough capital losses to offset the gains. I'm the type that usually don't sell unless I have to since I'm in it for the long haul. But lately, I've been forming a passive dividend income portfolio to get ready for the bear market and it's blended rate is 10.1% and it's calculated to give me about $14k/year. I just thought starting a passive income portfolio earlier to let it compound by the time i retire for additional income. So my question is, would you just let NVDA continue to run, or would you rather take some of it and throw it into the passive income portfolio, in which it would put me up to $15k/year in passive income.

SGOV, PFFA, MLPI, SPYI, QQQI, NKX and ASGI

I think all of these will hedge against each other if a bear market is triggered by recession, credit risk, interest rates, or sectional rotations. SGOV is the safest for any bear market. Thoughts?

This subreddit seems to be more about traditional equity and funds investments but rarely do you see people talk about speculative asset investments. For example, sports cards and tcg (ie Pokemon cards) have shown to out perform the stock market. Isn’t diversification what we all need? I have a card collection that currently makes up more than my net worth and been contemplating on converting it into $$ and speeding up my the compounding of my passive income portfolio but I don’t want to pay the capital gains tax (ie collectible tax).

UPDATE: I guess TCG, Crypto, Art, Rare Metals can be speculative...but what about sports cards, I think sports cards can be treated like a stock market. The player that you "invest" is like the company and its value is determine by their performance.

Over the weekend, I was able to drive my friend's 992.2 Carrera S PDK, I was blown away on how fast I was able to reach 100 mph while merging onto the freeway. This totally changed my perspective of the PDK. Initially, I only started looking at porsche because I used to own an E46 M3 manual and was missing the manual transmission aspect. I get it that manual will hold values on these vehicles, but will PDK versions ever hold value too? I've been going back and forth when the time comes, should I pull the trigger on a manual 992.1 or just go with a newer 992.2 pdk. I'm curious now how a 992.2 carrera T manual drives compared to the 992.2 pdk carrera S that i drove even with less horsepower. Lastly, how old do you think will be too old to be driving a manual...=)

QQQI, SPYI, PFFA and MLPI. I figured QQQI and SPYI, if the market is down, in which QQQ is tech heavy and SPY is less tech heavy. If the market is down, then PFFA which relies on taxable bonds won't be as affected and MLPI won't be as affected by inflation. I've been adding to these as part of my hybrid income/growth approach with my taxable brokerage account. My goal is to achieve $20,000 in passive income per year for now. Not to mention, these funds based on what AI was telling me is more tax friendly compared to other funds.

I have potentially a 6 figure sportscard I want to sell, but the capital gains on it is scaring me. Potentially up to 41% (when you add state income tax, federal collectible, and NIIT). I want to minimize the capital gains on it so I would need a cost basis. I do not have any documentations of how i obtained it, it may have been through a trade or it may have been purchased (unlikely). What I do have is documentation of the card being in my possession since 2022 and I can pull up historical sale prices of similar cards through a reputable paid price tracker. Since it is a rare card back then, there were not many sales, and the closest dated sale was either 2012, 2021 and then 2025. 2012 being the cheapest sale, 2021 was a 5 figure sale and then 2025 was a 6 figure sale. Utilizing the Cohan rule, and using the 2021 sale as a cost basis, how likely will this seem reasonable to the IRS? I just don't have any supporting information to demonstrate how I obtained the card in the first place, only ownership of it.