He bought Tesla and Apple in 2013 – he now has $ 5.4 million and asks the internet what to do with it

Of course, like most unverified and possibly unverifiable claims posted on the internet, this deserves a fair amount of skepticism, but, after going through BawceHog’s history on Reddit and considering this screenshot, the WallStreetBets gang has agreed to play the game:

Not a bad day – or a year, for most people. Some of BawceHog’s biggest winners are Tesla TSLA,
-3.38%
at $ 154, Apple AAPL,
+ 0.03%
at $ 498, Facebook FB,
-2.43%
at $ 61, Salesforce CRM,
-5.26%
at $ 62 and Netflix NFLX,
+ 1.99%
at $ 309.

As you can see, these stocks have performed quite well in recent years:

And now? “I have a $ 5.4 million portfolio generating ~ $ 155,000 / year in dividends,” BawceHog wrote in his article. “Someone recently told me about this submarine and I’m interested to know what plays you [offensive term redacted] think I should do.

Several of the responses were “what are you doing here?” and “LEAVE NOW!” variety, including that of ChiefLegalOfficer: “If you’re not lying, close this tab and never come back here.” You did it. Why would you piss this off?

Probably solid advice. BawceHog, however, responded by saying he just wanted to play with a small chunk of his overall wallet, so ChiefLegalOfficer joined those ringing with advice: “If you want madness, fine. … Take your next dividend payment and call GE GE,
+ 3.72%
10 a week (if it’s already 10, just keep increasing by $ 1). “

From there, WallStreetBets served up a lot of favorites. Here is just a brief summary:

“Take 155k (one year of dividend profits) and put it all on NIO NIO,
-6.20%
$ 60 2022. Convert this amount to another million or more. “

“Technology has gone crazy because everyone is locked up at home. You need something that will come together when the shit gets back to normal. Something still below February prices. Banks, gasoline, entertainment, hotels, etc. This got me thinking and as a Canadian I will be buying suncor SU,
+ 0.89%
Jan 2022 15c. I’ll buy 10 and see what happens. “

“I think one of the major payment processors will be a trillion dollar company before 2030. I played in VV,
-0.34%
(Diagonals), JPM JPM,
-0.18%
(Diagonals), SQ SQ,
-6.82%
(Actions) and PYPL PYPL,
-1.16%
(Diagonals). If you want to be risky, SQ could be the biggest winner in the bunch. ”

“PFE PFE,
-1.23%
and BNTX BNTX,
+ 4.85%
for obvious reasons – vaccine news will be all the rage very soon. “

“JETS ETF JETS,
-1.42%
buy and keep. TAN TAN,
-3.50%
buy and keep. PLTR PLTR,
-4.80%
and long NIO calls. ”

“If you like electric vehicles, there is no reason not to buy PLUG PLUG,
-0.19%,
I think they went over $ 45 next year, been down to $ 5.50, and getting calls at $ 7 1/21. ”

Here. Internet has spoken.

Assuming BawceHog didn’t break through the $ 5 million level by listening to Hazards on Reddit, who knows if he’ll munch on any of these coins. But, with “fun money” to spend, he seems open to the idea. “I have a portion of my portfolio devoted to yolo’ing,” he says, echoing the community’s rallying cry “You Only Live Once”.

After enjoying one of its most profitable days in the market for the start of the week, BawceHog is likely experiencing another bump, given the Dow Jones Industrial Average DJIA,
+ 0.74%
was triple-digit again on Tuesday. The S&P 500 SPX,
-0.25%
was also higher, while the technology-heavy Nasdaq Composite COMP,
-1.45%
was lagging behind.

As for WallStreetBets favorite NIO, well, not so good. The stock was down 5% at the last check. It should be noted that this hardly makes a dent in the nearly 1000% rally he has amassed so far this year.

Any advice for BawceHog? Share them in the comments.