I ended 2022 with $1.4M liquid with my portfolio going down ~600k in a year 2023 has been a great start so far. The stock market has been very volatile and in the recent crash (Jan – Feb), I bought ~$20K of various call options ($TSLA) which I have cashed out and netted $100k+ in profits so far.
Despite going down $600K in portfolio by end of 2022, and losing a net $120K in realized loss in 2022, I have now netted $100K+ in Q1 and portfolio is up $500K in 3 months!. In addition, I have substantially increased by cash position and sitting on $270k+.
I also bought a laundrymat business which is yielding me 20%+ cash on cash ROI. I suspect a major financial downtown and the possibility of my job loss, hence sitting on $270k+ in cash. My goal is to increase my cash position substantially more.
Cash provides a peace of mind. I also want to start or acquire businesses in late 2023.
