money Financial Planning

[MRROUGHSEX]

dati nagsostocks ako. laki lugi ko. from 285k naging 132k nalang ngayon

grabe noh. naglagay ako sa bangko , wala namang tubo, so a friend of mine suggested

megasportsworld . I placed 100K as initial funds, then placed wagers on teams that I know sure win.

right now my balance is 359K

not bad right? sipag lang at laging online hehe. sa msw.ph ang punta if interesado

Bihira lang nananalo dyan.

 

As with trading, you have to gain, or in sports, win at least 55%.

 

Pinag-aralan ko yan and combined my financial modelling skills with IT programming skills (PSQL I think if I remember right).

 

I played an average of 3 games per day or 100 games a month for 3 months from October to December in 2015 yata. I believe the total was 285 games in all and I won 60% of them or 170 games. With the test of my models successful, I was ready to launch full scale. But the next year, Pres Trump was winning the election and he is against online sports.

 

I documented all these but my computer got ransomewared in 2017. But I believe I still have screenshots of portions of them kasi I shared this with a couple of my best buddies. Hanapin ko then I'll post if I find.

 

Pero bihira lang kagaya ko who can win 60%. I think only 1 of 100 get to this so it's not really investing but gambling for the 99.

[MRROUGHSEX]

 

Sino ito? Hahaha.

 

 

Friend ko lang for inspiration.

 

Kaya eto meron na akong mahigit 1000 pictures nya each time kami mag-video chat. LOL More than 5 years na rin kasi. I

 

 

[JohannBeckham]

 

Sino ito? Hahaha.

 

On another note I wonder how ABS-CBN shareholders are reacting given the current heat between the company and Pres. Duterte, lalo na up for review ang franchise ng ABS

Kala ko anak mo eh

[JohannBeckham]

Bihira lang nananalo dyan.

 

As with trading, you have to gain, or in sports, win at least 55%.

 

Pinag-aralan ko yan and combined my financial modelling skills with IT programming skills (PSQL I think if I remember right).

 

I played an average of 3 games per day or 100 games a month for 3 months from October to December in 2015 yata. I believe the total was 285 games in all and I won 60% of them or 170 games. With the test of my models successful, I was ready to launch full scale. But the next year, Pres Trump was winning the election and he is against online sports.

 

I documented all these but my computer got ransomewared in 2017. But I believe I still have screenshots of portions of them kasi I shared this with a couple of my best buddies. Hanapin ko then I'll post if I find.

 

Pero bihira lang kagaya ko who can win 60%. I think only 1 of 100 get to this so it's not really investing but gambling for the 99.

High risk = High returns or losses. Depende na lng sa risk tolerance nyo.

Nung December my ETFs were down by $45k (paperloss), but you know wha, i'm so happy the market tank kasi i bought shares at bargain price. Cant wait for another down turn or wish ko lng mag GFC 2.0

[PenetrayShawn]

dati nagsostocks ako. laki lugi ko. from 285k naging 132k nalang ngayon

grabe noh. naglagay ako sa bangko , wala namang tubo, so a friend of mine suggested

megasportsworld . I placed 100K as initial funds, then placed wagers on teams that I know sure win.

right now my balance is 359K

not bad right? sipag lang at laging online hehe. sa msw.ph ang punta if interesado

 

talo talaga sa bangko, mababa interest. para sa akin pera sa bangko yung gusto ko madali maaccess. yun naman talaga yung purpose ng bangko noong mga unang panahon

 

congrats sa sports winnings. tama ka, sipag kailangan kasi hindi siya ganoon kadali maintindihan so it's not for everyone. never liked sports betting, too many factors for me to consider, wala pa doon yung mga match fixing lobbies

[HouseBand]

The current overall thrust of my financial journey is establishing multiple income streams.

 

Doesn't look like I'll be an employee again anytime soon.

 

So working on trading well enough to consistently earn from it.

 

Tapos focus on setting up passive sources of income

[MRROUGHSEX]

Year 2023, iba na president ng US and hopefully someone who will support regularization of US online sports books. Yan ang wala d2 kaya wait lang muna ako. I don't trust non-US companies for real money like say $10K deposit. Baka hindi ko ma-iwithdraw.

Re modelling, learn PyQL or SDQL. https://sdql.com/

Have a strategy. Mine is to increase a bit the bet whenever I hit a milestone which is 100% Ro!.

Here I searched back to show how I tested if sports betting can really be sports investing. The year was 2016 (not 2015 as I mentioned earlier). Don't pay attention to the 50 cent starting wager as this is just for test purposes of my models and overall strategy similar to trading where you could play first.

OCTOBER 2016

Initial Investment: $10

RoI: 0.0%

Oct 2-Oct 10: 4 games

2 Wins - 2 Losses; 50% win percentage; RoI: 13.5%

Oct 11-Oct 22: 21 games

10 Wins - 11 Losses; 48% win percentage; RoI: 0.5%

Cumulative:

25 games

12 Wins - 13 Losses; 48% win percentage; RoI: 14.0%

Oct 23 - Oct 26: 4 games

2 Wins - 2 Losses; 50% win percentage; RoI: 4.4%

Cumulative:

29 games

14 Wins - 15 Losses; 48% win percentage; RoI: 18.4%

Oct 27- Oct 29: 11 games

9 Wins - 2 Losses; 55% win percentage; RoI: 54.8%

Cumulative:

40 games

23 Wins - 17 Losses; 58% win percentage; RoI: 73.2%

Oct 30 - Oct 31: 11 games

6 Wins - 5 Losses; 55% win percentage; RoI: 1,9%

Cumulative:

51 games

29 Wins - 22 Losses; 57% win percentage; RoI: 75.1%

NOVEMBER 2016

Nov 1 - Nov 3 5 games

2 Wins - 3 Losses; 40% win percentage; RoI: (4.2%)

Cumulative:

56 games

31 Wins - 25 Losses; 55% win percentage; RoI: 70.9%

Nov 4 - Nov 6: 10 games

5 Wins - 5 Losses; 50% win percentage; RoI: 5.8%

Cumulative:

66 games

36 Wins - 30 Losses; 55% win percentage; RoI: 76.7%

Nov 7 - Nov 9: 19 games

12 Wins - 7 Losses; 63% win percentage; RoI: 17.7%

Cumulative:

85 games

48 Wins - 37 Losses; 56% win percentage; RoI: 94.4%

Nov 10 - Nov 11: 9 games

5 Wins - 4 Losses; 56% win percentage; RoI: 16.7%

Cumulative:

94 games

53 Wins - 41 Losses; 56% win percentage; RoI: 111.1%

I am missing 1 or 2 days (for example November 2) here and there as it does not align to my orverall bookeeping below where it shows 115% RoI by Nov 11 whereas above it is 111%. But no biggie.

Basically it shows in 41 days or on Nov 11, I got a return of 100% (or $10) out of my original capital of $10. I got there via hitting 56% of my bets.

The 200% RoI was hit on Dec 4 (or after 24 days from Nov 11). It is shorter turnaround due to a level-up of bet from 50 cents to 70 cents.

The 300% RoI was hit on Dec 20 (or 16 days from Dec 4). It is shorter turnaround due to a level-up bet from 70 cents to 90 cents.

What is the significance of this? Sports investing for the 1% people is very lucrative. In stocks, we celebrate 10% RoI in a year. Here, I showed you 100% in 40 days and 300% in 3 months. 3 months in online sports vs 30 years in stocks to generate the same 300% RoI. And we know the true average in stock market is not 10% but around 7% per year so it may take even more than 30 years to get 300%.

Edited April 27, 2019 by MRROUGHSEX

[HouseBand]

Sobrang rarefied air ng mundo ng successful sports betting.

 

A friend from my stock trading group used to work for a company that runs a book.

BS Math graduate, eventually quit and is currently looking to sign up as a broker in a local house here in the PH.

[MRROUGHSEX]

You said it. I wouldn't advise it unless one treats it as a business.

[MRROUGHSEX]

Guys, have you looked up your social security?

 

I would get a quarterly statement to update me of 2 things: my quarterly contributions and the cumulative contributions. However, once a year they also update the forecasted SS earnings one will receive. It is this forecasted monthly SS earnings you want to pay attention to and how it grows over time.

 

The earliest age in US one can claim the forecasted SS is 62 so that is what I can plan on. In Pinas I think it is 65 correct? I am also going to receive SS earnings there as I met the required number of contributions.

 

My latest US SS earnings at age 62 is $1,700/mo or $20,400/year. Ok na yan considering I would have a fully paid house by that time.

Edited April 30, 2019 by MRROUGHSEX

[HouseBand]

despite all of my mistakes, missed opportunities, late starts, and other dumb financial moves, i believe one of my smarter financial moves was buying a share in a hospital.

 

you read that right. singular. just one share. not to make money out of, but as a long term financial tool.

 

with that share, me and my spouse, plus all my dependents (parents and children) enjoy a 50% discount from all doctor's consultations held at that hospital.

 

me and my spouse also get the same 50% discount on all procedures. dependents get 25% off.

 

plus we get 30 (or was it 45) day of waived room fees in case any of us need to be confined.

 

beats your medicard or HMO anytime. medicard programs usually end coverage after 60-65y/o old. which also happens to be the age where you are most likely to start need more medical attention.

 

bought my share a a quarter of a mill, last i checked, it is now worth upwards of 385k.

 

syempre ang key is to pick and find a hospital that is just being built in your area that is operated by a consortium with a good track record.

[JohannBeckham]

despite all of my mistakes, missed opportunities, late starts, and other dumb financial moves, i believe one of my smarter financial moves was buying a share in a hospital.

 

you read that right. singular. just one share. not to make money out of, but as a long term financial tool.

 

with that share, me and my spouse, plus all my dependents (parents and children) enjoy a 50% discount from all doctor's consultations held at that hospital.

 

me and my spouse also get the same 50% discount on all procedures. dependents get 25% off.

 

plus we get 30 (or was it 45) day of waived room fees in case any of us need to be confined.

 

beats your medicard or HMO anytime. medicard programs usually end coverage after 60-65y/o old. which also happens to be the age where you are most likely to start need more medical attention.

 

bought my share a a quarter of a mill, last i checked, it is now worth upwards of 385k.

 

syempre ang key is to pick and find a hospital that is just being built in your area that is operated by a consortium with a good track record.

I agree with the the importance of health care as part of our financial plans.

 

Ako nmn i go the immigration route, meaning i move into a country where i dont have to fork out out of pocket expenses for health care here in Australia. I think Canada has the same policy. Of course our taxes are 1-3% higher compared to other places so i wont say it's free.

[MRROUGHSEX]

20190501 Updates:

* Reduce total debt to $58K by year-end (currently at $68.0K)

* Grow retirement savings to $170K by year-end (currently at $157K) (Note: Conservative case at 92% of actual)

* Anticipate house value to appreciate to $280K by yea- end (currently at $270.8K)

* Increase college savings of children to $20K by year-end (currently at $15.0K)

* Buttress business fund to $65K by-year end (currently at $58.2K) (Note: Conservative case at 92% of actual)

* Expect condo value to appreciate to $50K by-year end (currently at $48.8K)

Adding:

* Drum up social security yearly earnings to $21.0K by year-end (currently at $20.4K)

[HouseBand]

 

i'm currently reading the richest man in babylon.

how i wish i had read this one earlier.

so imma gonna make sure my kids read and internalize the lessons in this book.

 

will try and dig up my copy of kiyosaki's rich dad, poor dad as well

 

 

medyo paraphrased from the original text. probably to make it 'current'.

but still inspired nonetheless

[MRROUGHSEX]

I like all those 7 Principles from the Book. NIce share HouseBand!