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In a retirement account, for every 100 shares of MSTR I swapped for 730 shares of TSLA

This is a short term tax free swap... also an experiment

PS I only did this for less than 2% of my MSTR

I am seeking ways to help the community find ways to amplify their bags

REM THIS IS A TEST... and I am VERY VERY overweight MSTR... this is NOT FINANCIAL ADVICE.

BTC could skyrocket from here

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D

James, you mentioned that you dont recommend more than 10% in proxies, but MSTR is 34% of your portfolio. Is this because you’re able to manage that risk? Because of the pump.. MSTR became over 20% of my port, so I sold some off and bought TSLA in my IRA to lower my MSTR position. What are your thoughts? Not financial advice of course.

lee

Increased my mstr position this morning. Not buying tesla yet.

Ironman

Thanks James, I did the same and TSLA's up after hours.

TKTP

Once the stock split happens I’ll have 100 shares to swap into TSLA 😂😂

SLi

Did the same at that price! I must be doing something right! 😀

Paul PJB

How is it tax free? In a tax deferred account or tax free account? From Canada we have RRSP(Registered Retirement Savings Plan) tax deductible on way in and taxable on withdrawal, TFSA(Tax Free Savings Account) no deduction on way in and not taxable on withdrawal.

Paul PJB

I sold TSLA at $177, I should of just kept it. The last 3 months with Bitcoin & Solana has been a roller-coaster of up and down and up again.

Paul PJB

My MSTR is now almost 16% of my portfolio now, so don't add more? When MSTR is up, then buy more TSLA? Ping Pong back and forth between your different holdings? There was one day that BTC was down 5% and MSTR was down 15%, this was when I added my MSTR shares.

Melted_Face

I believe ROTH IRA is what James uses As you know we have some nice tools here in CAD as well

CryptoSheri

What are good companies to open retirement accounts with (want to be able to trade crypto , MSTR, TSLA...). Thanks.