# Who Plans On Making Lots Of Money? **URL:** \ **Category:** Scuttlebutt\ **Created:** [April 4, 2025, 9:47pm UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286 "2025-04-04T21:47:06Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Sand\_Pebble](https://avatars.discourse-cdn.com/v4/letter/s/c2a13f/32.png) [@Sand\_Pebble](https://forum.gcaptain.com/u/Sand_Pebble)\ **Post date:** [April 4, 2025, 9:47pm UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/1 "2025-04-04T21:47:06Z")
Anyone who keeps up with finances & current events know the markets are taking a dive. The last time this happened I started the below thread about 1 week before Black Monday March 16th 2020. About a week before that dreadfull day I started planning & bouncing ideas off my financial mentors back home & my fellow gCaptain basketcase forum members. Luckily I was setting on a lot of bonds & cash equivalents. If you remember that thread or read through it with a historical calendar of what the markets were doing to see what was happening in real time, then you could see a lot of us made lots & lots of money from rebalancing from winners to stinkers during that crash. A year & a half after Black Monday I was up nearly $300k. It’s hard to tell because of dividends & me rebalancing a couple of time since but I guess maybe I’m up $700k because of the opportunities & decisions I made the 2nd & 3rd week of March 2020. Thanks to all my fellow forum members who commented & helped us all get through that stressful for some financial crisis. So it looks like it’s money making time again? Who’s doing what? Me personally, I think it’s falling further & I’m setting tight to start buying cheap, or cheaper. I also think the gov will float the policy of re-patronizing offshore money for companies & billionaires tax free or at a reduce rate. Whenever we’ve done this in the past it meant massive stock buybacks resulting in soaring sp’s. I’m very excited about all of this to say the least. > [@Non-Professional Opinions On When/If To Rebalance Investments To Take Advantage Of Down Markets](https://forum.gcaptain.com/t/non-professional-opinions-on-when-if-to-rebalance-investments-to-take-advantage-of-down-markets/54521): > > Financial advisors recommend not to try to time the markets but almost all of them recommend to rebalance to mitigate risks & loss in recessions. The all time high for the Dow Jones was 29,551 & the S&P was 3,393. A 20% drop in both would be 23,640 & 2,714. It looks like we will be below both -20% benchmarks that usually indicates a recession. After the feds dropped the interest rates last week my bond funds & ETFs shot up even higher. I lived through the Great Recession just fine & didn’t lose … ---
**Author:** ![244](https://avatars.discourse-cdn.com/v4/letter/2/a3d4f5/32.png) [@244](https://forum.gcaptain.com/u/244)\ **Post date:** [April 4, 2025, 10:34pm UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/2 "2025-04-04T22:34:07Z")
Zzzzzzzz ---
**Author:** ![Slick\_cam1](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/slick_cam1/32/817_2.png) [@Slick\_cam1](https://forum.gcaptain.com/u/Slick_cam1)\ **Post date:** [April 4, 2025, 11:38pm UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/3 "2025-04-04T23:38:32Z")
You started this thread, man. Let’s hear some recommendations from you! ---
**Author:** ![powerabout](https://avatars.discourse-cdn.com/v4/letter/p/43a26b/32.png) [@powerabout](https://forum.gcaptain.com/u/powerabout)\ **Post date:** [April 5, 2025, 12:11am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/4 "2025-04-05T00:11:14Z")
Follow buffets lead ---
**Author:** ![Sand\_Pebble](https://avatars.discourse-cdn.com/v4/letter/s/c2a13f/32.png) [@Sand\_Pebble](https://forum.gcaptain.com/u/Sand_Pebble)\ **Post date:** [April 5, 2025, 12:15am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/5 "2025-04-05T00:15:38Z")
> [@Slick\_cam1](#): > > Let’s hear some recommendations from you! I’ve gave bad financial advice in the past so I quit giving any. I can only say what I would, will or have done. My only 100% cash equivalent account is our oldests 529 account. She is a senior in HS & I switched the last of it out into cash equivalent in December '24. In the middle of next week, maybe the following Monday, I plan to put 25%, a little under $30k back into the S&P500. My other 2 kids 529’s are about 40% cash equivalent & I’ll probably move half of all their cash equiv into the S&P500 at the same time. For my wife & my accounts, I’m still under 50 but won’t be as aggressive this time compared to March 2020. Because of the financial plans we made in '19, '20 & '21, 50% of our tax differed retirement accounts & taxable brokerage accounts are in income generating CEF’s, index funds & highish dividend yield financial stocks so we WON’T be selling those to free up cash. Since it didn’t fall & stayed green, a large portion of our portfolio is in a clinical stage bio stock. If that continues to climb we will pull out our principle investment & invest in dividend paying CEF’s that are selling below their NAV which happens when markets crash. Best time to buy a CEF is during crashes when they are trading below book/asset value imo. As for the cash we have in our retirement/brokerage accounts, we’ll probably look to invest next week, or following Monday. Probably into banks, financial institutions etc. I’m waiting to see what falls the hardest & why? I’m hoping Monday April 14th will be Black Monday 2.0, the 2025 version. I’m still doing research. ---
**Author:** ![Sand\_Pebble](https://avatars.discourse-cdn.com/v4/letter/s/c2a13f/32.png) [@Sand\_Pebble](https://forum.gcaptain.com/u/Sand_Pebble)\ **Post date:** [April 5, 2025, 12:26am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/6 "2025-04-05T00:26:44Z")
> [@powerabout](#): > > Follow buffets lead Comparing a mouse to an elephant is one thing, but matching us up to W Beffet is like comparing a flea on the mouse to a giant herd of elephants. We’re playing the markets, trying to siphon off a little wealth while Buffet IS the market. I’m not going against Buffet but he & his team are doing things a lot different than us fleas. ---
**Author:** ![spowiednick](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/spowiednick/32/35668_2.png) [@spowiednick](https://forum.gcaptain.com/u/spowiednick)\ **Post date:** [April 5, 2025, 12:33am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/7 "2025-04-05T00:33:48Z")
Follow Nancy Pelosi and You will be happy. ---
**Author:** ![AKBJR](https://avatars.discourse-cdn.com/v4/letter/a/c89c15/32.png) [@AKBJR](https://forum.gcaptain.com/u/AKBJR)\ **Post date:** [April 5, 2025, 2:52am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/8 "2025-04-05T02:52:15Z")
It’s Nancy’s husband who made millionaires of them. He owns and operates Financial Leasing Services, Inc., a San Francisco–based real estate and venture capital investment and consulting firm. I don’t plan on making lots of money; nor do I plan on losing any, having separated myself from the stock market when I retired. ---
**Author:** ![Alex63](https://avatars.discourse-cdn.com/v4/letter/a/cc9497/32.png) [@Alex63](https://forum.gcaptain.com/u/Alex63)\ **Post date:** [April 5, 2025, 6:23pm UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/9 "2025-04-05T18:23:45Z")
Yeah, it’s not Nancy, it’s her husband. I am sure his wealthy clientele flooded his business with money only because he was lucky investor! Definitely nothing to do with wife being somebody in some “congress” or something. ---
**Author:** ![AKBJR](https://avatars.discourse-cdn.com/v4/letter/a/c89c15/32.png) [@AKBJR](https://forum.gcaptain.com/u/AKBJR)\ **Post date:** [April 5, 2025, 6:46pm UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/10 "2025-04-05T18:46:18Z")
I’m open to any proof you might have that her position helped his business. I’m not a fan of corruption. ---
**Author:** ![Alex63](https://avatars.discourse-cdn.com/v4/letter/a/cc9497/32.png) [@Alex63](https://forum.gcaptain.com/u/Alex63)\ **Post date:** [April 5, 2025, 7:05pm UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/11 "2025-04-05T19:05:51Z")
Did I say her position helped?! I believe I said just the opposite… ---
**Author:** ![dbeierl](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/dbeierl/32/11833_2.png) [@dbeierl](https://forum.gcaptain.com/u/dbeierl)\ **Post date:** [April 5, 2025, 9:37pm UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/12 "2025-04-05T21:37:02Z")
> [@Alex63](#): > > I believe I said just the opposite… We were born at night but not last night. You don’t believe any such thing. ---
**Author:** ![spowiednick](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/spowiednick/32/35668_2.png) [@spowiednick](https://forum.gcaptain.com/u/spowiednick)\ **Post date:** [April 5, 2025, 10:18pm UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/13 "2025-04-05T22:18:54Z")
> [@AKBJR](#): > > I’m open Then open Internet and check if She is suing utube for spreading 1000s of lies about her. ---
**Author:** ![Alex63](https://avatars.discourse-cdn.com/v4/letter/a/cc9497/32.png) [@Alex63](https://forum.gcaptain.com/u/Alex63)\ **Post date:** [April 5, 2025, 11:37pm UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/14 "2025-04-05T23:37:24Z")
I am trying to use common sense. If I have money to invest and my research tells me there are two “consulting” companies near by, one is run by the guy whose wife is a bagel shop owner, and the other guy married to House majority leader, I would go to later. So would do any other concerned individual. Yes, you can say she never divulged any useful info to him yet as we established I was born at night but not last night. ---
**Author:** ![Tugslasthitch](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/tugslasthitch/32/1129_2.png) [@Tugslasthitch](https://forum.gcaptain.com/u/Tugslasthitch)\ **Post date:** [April 6, 2025, 12:38am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/15 "2025-04-06T00:38:04Z")
What are you buying I need all the stock help I can get ---
**Author:** ![powerabout](https://avatars.discourse-cdn.com/v4/letter/p/43a26b/32.png) [@powerabout](https://forum.gcaptain.com/u/powerabout)\ **Post date:** [April 6, 2025, 1:16am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/16 "2025-04-06T01:16:43Z")
I think he is all longterm, not next month ---
**Author:** ![Sand\_Pebble](https://avatars.discourse-cdn.com/v4/letter/s/c2a13f/32.png) [@Sand\_Pebble](https://forum.gcaptain.com/u/Sand_Pebble)\ **Post date:** [April 6, 2025, 1:22am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/17 "2025-04-06T01:22:14Z")
> [@Tugslasthitch](#): > > What are you buying Not everyone should be buying the same thing. It should depend on your age, size of nest egg, risk tolerance & goals. Since 2021 we’ve bought over 150 different high dividend yield cef’s, etf/index’s, riet’s, royalty trusts & stocks. We buy based on current dividend yield & dividend payout history which all can be found online for free. As the price of an asset climbs, the dividend yield falls but we don’t worry about that. As long as the dividend stays the same or increases, then we are still getting what we paid for except the share price went up. We don’t like to invest more than $5k into any signal dividend paying asset either but mostly keep it around $3k. Below are some links of where I start. Right now all the dividend yields are high, some paying out +20% annual because the markets crashed. Will the price go back up or dividend payout fall, who knows? That’s why it’s critical to look at the history to hopefully not fall into a dividend trap. As to what I’m gambling on? Don’t buy what I buy. I found the surest way to get a sp to fall or company to go bankrupt is for me to recommend it to a friend, family member or coworker. I’ve been buying heavily into a prerevenue, clinical stage Alzheimers company but that’s speculating, not investing. avxl. > **[Dividend Yield CEF Screen | CEF Channel](https://www.cefchannel.com/screens/dividend-yield/)** > > dividend yield cef screen > **[Top 50 ETFs with the Highest Dividend Yield in EUR](https://www.justetf.com/en/market-overview/top-50-etfs-with-the-highest-dividend-yield-in-eur.html)** > > The dividend yield is an important measure of an ETF's earnings power. Compare the top 50 highest dividend yielding ETFs in euro now. [https://etfdb.com/compare/dividend-yield/](https://etfdb.com/compare/dividend-yield/) > **[High-Dividend Yield US Stocks — TradingView](https://www.tradingview.com/markets/stocks-usa/market-movers-high-dividend/)** > > Some people pursue a strategy of investing in these dividend US stocks so they can get consistent income, while also benefiting from any appreciation in that business' share price. Is that you too? ---
**Author:** ![Sand\_Pebble](https://avatars.discourse-cdn.com/v4/letter/s/c2a13f/32.png) [@Sand\_Pebble](https://forum.gcaptain.com/u/Sand_Pebble)\ **Post date:** [April 6, 2025, 1:29am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/18 "2025-04-06T01:29:15Z")
> [@powerabout](#): > > I think he is all longterm, Nowadays he mostly buys the whole company or large parts of them, hires managers or b.o.d members, sometimes gets involved with day-to-day operations & becomes intertwined to that industry. Yes, we have a common goal of making money but because of scale, it only makes sense for us to go about it differently than him. ---
**Author:** ![AKBJR](https://avatars.discourse-cdn.com/v4/letter/a/c89c15/32.png) [@AKBJR](https://forum.gcaptain.com/u/AKBJR)\ **Post date:** [April 6, 2025, 1:29am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/19 "2025-04-06T01:29:24Z")
“…the other guy married to House majority leader, I would go to later. [sic]” I’m open to proofs. You seem to be open to corruption. ---
**Author:** ![powerabout](https://avatars.discourse-cdn.com/v4/letter/p/43a26b/32.png) [@powerabout](https://forum.gcaptain.com/u/powerabout)\ **Post date:** [April 6, 2025, 1:32am UTC](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286/20 "2025-04-06T01:32:09Z")
insider trading is better for short term profit. Take lessons form your elected officials, as a service to the community do they charge or is it free? Does the courses come with immunity certificate? [Next page](https://forum.gcaptain.com/t/who-plans-on-making-lots-of-money/72286.md?page=2)