Well, that depends, if you're playing with ten million or so, it probably is

On Mon, Jan 11, 2021 at 1:37 PM Ryan Ray <ryan...@gmail.com> wrote:

> I think we all know that $1000 per day isn't sustainable.
>
> On Mon, Jan 11, 2021 at 11:23 AM Cameron Crum <cc...@murcevilo.com> wrote:
>
>> I'd say if any money manager plays with your money as often as you do, he
>> either has very few clients, doesn't really know what he is doing, or is a
>> crook. No good money manager will move your money around that much unless
>> they are trying to create fees for themselves. It is just too risky and
>> requires too much attention. If you can make 1000 a day, I would ask, why
>> are you doing anything else? That is at least 22k/month with little
>> overhead but the electricity to run a computer. Compounded, that is a
>> pretty nice salary with very little effort. If I could make 1000/day every
>> day with no overhead, I wouldn't be doing anything but that.
>>
>> On Mon, Jan 11, 2021 at 1:12 PM Steve Jones <thatoneguyst...@gmail.com>
>> wrote:
>>
>>> I got my IRA report and had 17 percent return last year. You can put
>>> your money in my ira if you want
>>>
>>> On Mon, Jan 11, 2021, 1:09 PM Gino A. Villarini <g...@aeronetpr.com>
>>> wrote:
>>>
>>>> Bitcoin?
>>>>
>>>>
>>>>
>>>> *Gino*
>>>> *Villarini *Founder/President
>>>> @gvillarini
>>>> t: 787.273.4143 Ext. 204
>>>> [image: aeronet-logo] <http://www.aeronetpr.com/> [image: inc500]
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>>>>
>>>> *From: *AF <af-boun...@af.afmug.com>
>>>> *Date: *Monday, January 11, 2021 at 11:56 AM
>>>> *To: *AnimalFarm Microwave Users Group <af@af.afmug.com>
>>>> *Subject: *[AFMUG] Hiring a company fund manager
>>>>
>>>> We have a sizeable amount of money sitting in a bank account right.
>>>> This
>>>> has been collected from various jobs that were rather ludicrous over
>>>> the
>>>> past year.
>>>>
>>>> There are several options for what we can do with these funds.... we
>>>> can
>>>> let them sit in a bank account until we need them and use them, and
>>>> then
>>>> go away.
>>>>
>>>> Or we can invest them (which I've started doing). However, this is one
>>>> more thing to add to my plate of things to manage on a daily/weekly
>>>> basis.
>>>>
>>>> Through investing in ETFs and purchasing Option Call/Puts I've been
>>>> able
>>>> to return about $1,000/day. This isn't consistent - but over a week a
>>>> gain of several thousand is not out of the question. Even on a market
>>>> red day like today, our portfolio is up.
>>>>
>>>> My question is, has anyone here either done it, or considered hiring a
>>>> full-time person to essentially manage surplus cash and make it print
>>>> more cash through investing? If done right, I feel like this could
>>>> potentially finance a lot of future projects we want to build. Of
>>>> course, hire the wrong person and you lose all that money...
>>>>
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