$2m Tax Burden at 26

Yeah, 2020 was a good year for me in the market because of its bull run since March, so when I saw the possibility of 1000 per share I took the gamble hoping the game wasn't over and held on.

At 500 I was probably going to sell about 1/3 to lock in profits but it never made it back up there. Crazy that it got to 513 pre-market. With that pre-market number I thought for certain it was going to get there on Thursday.

If it would have gotten to 1300 on the infinity squeeze my position would have scaled up to around 1 mil. That was big reason for me to hold on and not cover principle as well. I was only using around 5% of my portfolio, so risk wasn't an issue.

Now I regret not taking profits, but that's hindsight.

/r/realestateinvesting Thread Parent