Of course this is from WSB and I redid the math, because the real gains happened since April. And yes, his mother is single. "I lost most of her portfolio 3 months ago in April (bottom tick was $800k) but have been able to grow it back to a much higher value than it was before the tariff BS. Total gains in 18 months: $4,000,000" New math: Bottom in April: 800K. Current value: 5.4 M Return in 100 calendar days: app. 580%
It's amazing how wealthy a lot of the r/WSB users are. That explains their preference for YOLO 0DTE bets so often. It's a lot different than their image of poor losers working at Wendy's for options money. When I graduated college my parents had almost no money in their IRA & they made a combined $50K (1991).
Funny part is, why did he even inlcude the whole 18 months? Had he written this post 3+ months ago it would have been a loss porn, because he was down by 40% after trading for more than a year. If he keeps trading it I hope he pulls out at least 2 M for her and never touches that.
https://www.reddit.com/r/wallstreetbets/s/sqWz2a0GNN Like this guy who prints 4M (up 14x within a month) and don't think about taking some off the table. Well he's still up 100k.