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Recent content by ljean

  1. ljean

    Stocks as a business

    INVESTING 
    $112k - $25k margin interest = $87k net
  2. ljean

    Stocks as a business

    INVESTING 
    year end 2022: Interests in 79 businesses. Total value is $3.3M TTM revenue is $5.57M, 70% growth yoy TTM cash flow is $652k Net profit margin is 11.7% Cap rate is 19.7% Cash on cash is 26.9% 2022 time weighted ROR = -18.5%
  3. ljean

    Stocks as a business

    INVESTING 
    2022 Q1: Interests in 79 businesses. Total value is $3.37M TTM revenue is $4.22M, 57% growth yoy TTM cash flow is $528k Net profit margin is 12.5% Cap rate is 16% Cash on cash is 23.3%
  4. ljean

    Impact of Rising Interest Rates in the Real Estate Market

    INVESTING 
    That is precisely the point of raising rates (at the very least, slow the rate of increase).
  5. ljean

    7 Steps on How to Become a Real Estate Developer. *AMA on RE Development*

    GOLD! HOT! REAL ESTATE 
    It makes it interesting and gives you credibility.
  6. ljean

    7 Steps on How to Become a Real Estate Developer. *AMA on RE Development*

    GOLD! HOT! REAL ESTATE 
    What do the numbers look like on a recent deal you've completed & sold?
  7. ljean

    RK vs. GC (Interesting "chat" about RE investing in today's market)

    HOT! REAL ESTATE 
    Rich Dad Poor Dad was the first entrepreneurship-type book I ever read back in 2000ish. I dont remember it having any actionable information, but it was the general theme that was novel to me. I just gave my 11 yr old son a RK book called "Escape From the Rat Race" from 2005 or so. Its a...
  8. ljean

    Tin Foil Hat Time: Are Aliens Here?

    HOT! 
    On a warm summer night when I was a teen in a tiny town in the Midwest, my mom was sitting on the deck drinking with her boyfriend and I was inside on the couch watching TV. She opened the back door and hollered at me to come "check this out". I went outside and she pointed up in the sky and...
  9. ljean

    Age old debate: Mac VS Microsoft PC

    HOT! CHAT 
    I havent had any notable issues with Windows PC since the garbage ME edition in 2000ish. Usually my laptop hinges break or some such is why I end up upgrading.
  10. ljean

    How did you do last year?

    QUESTION 
    Good. Too good. Owe the tax man 400 large. Over-traded my stock positions, my marginal tax rate on short term gains is 45% which I never fully took into consideration when making trading decisions. Making adjustments to make sure that wont happen again.
  11. ljean

    My Path to Trading Business

    HOT! INVESTING 
    What are the benefits of the LLC?
  12. ljean

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    I do not get impressed when people brag about buying rentals and the # of doors etc - who gives a shit, anyone can go out and buy x number of doors tomorrow if they outbid the next guy. But profitable wholesales & flips mean you can in fact source good deals. Keep it up. Doing it with no...
  13. ljean

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    I went from being down $70,000 this morning to up $50,000 by close.
  14. ljean

    Buying stock is actually "Saving" not "Investing"!!

    INVESTING 
    This is non-sensical, sorry. If it bears the risk of loss with the chance of making a gain it is an investment.
  15. ljean

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    I'm not much for discussing opinions or making predictions, I'd rather just make my bets and see how the chips fall. I will say my top 10 industries by exposure (50% of portfolio) are currently: Specialty Retail Oil & Gas E&P Trucking Education & Training Services Furnishings...
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