I think the reason is this: unless something has changed you originally told us when you got the HELOC, you did it for a short term bump to your roll. You said you were going to run that $60k to $100k, buy a Tesla, pay off the loan within a year. And you were going to let your wife go back to paying you monthly - interest fee - payments for her half of the house.

You also posted this re: your conversation with a loan officer: "Back to question, she said it’s a $300 penalty if paid off within 3 years. Once I told her we were planing on paying it off n a year, she said we cd do that but to leave the acct open at $0, and close at the 3rd year. This will get around paying the penalty."


So, most people, like me assumed that you convinced your wife to get this HELOC and you would pay it back within a year. Now, it appears she is stuck with his loan and interest for the indefinite future.

If she's still under the impression that you were going to pay this off for her within a year, most people think it is your obligation to tell he she is stuck with the loan/interest.

Did something change along the way to where she knew she was taking on this loan and interest for the full duration?

@JRH I understand. I follow ya.
Our plan didn’t work out. No worries. We took the risk, we own it and we move on. Still no reason to tell Sara our losses unless it has a big effect on her. It doesn’t. Am i going to b able to pay the $60k like I said I wd within a year? No. But that means nothing.
I hv options. Once it’s paid down to my responsibility she can continue to pay me $700/ mo like it was before. I can use that $700 and take over my $60 responsibility on loan. No Big deal. Lol.
We all do know she owes me $104k ish, right?
OR...once’s it’s paid down to my $60k responsibility and I can ask it if she wants to take that loan and waive the rest of what’s owed. Again no big deal. Lol
U all don’t wanna believe that I’m debt free and a liar. I get it. I guess.

One thing I will not do is screw her. She wanted the heloc as well to take care of some minor debt things. Plus go n half on hardwood floors, fixtures, stain, etc.
I am responsible for the $60k and yes, lost it. But that loss will come off from the $104k in one fashion or another.

No big deal. Nothing needs to be said. NO reason at all.
Life is gd.

You've repeated the same lines over and over without addressing the fair and levelheaded criticism and answers to the questions that you've asked. I don't really see the point of this. You aren't convincing us that you didn't act dishonestly and dishonorably, and you seemed to have convinced yourself that everything is fine. Seems like the best thing is to just keep it moving since you seem to be spiraling (and we all know why). How's the poker going? How many days/hours have you played this week? What's your plan for the upcoming week?

Take a shot at 30/60 stud, or the 2/5 game with the promo hotseat drawings.

Man, just saw that on the promo. It wd b senseless not to play 2/5 w the added promo ev. I see where they adjusted their buy-n max to $500. Used to b $1k.
Hopefully it goes. I’ll play any nl that runs at HSI atm.

The $50 promo isn't that high. If it's ten handed there it's only ev of 1bb per hr if they have one table. Idk if it stacks w high hand promos.

Also when you mentioned isoing unnecessarily, def try forcing yourself to take some extra seconds each turn. It's worked for me when I find myself doing unnecessary risky moves. Sort of forces you to think a little longer before clicking.

1k is just for “must straddle” version now I believe.

I know you get piled on here, and not a whole lot of constructive comments I could make other than you seem to have some cognitive dissonance as to what constitutes "screwing" someone like a family member or close friend.

"No big deal...Nothing needs to be said"...etc. is screwing over someone who trusts you.

But I most likely I have a couple of decades on you and my idea of marriage is much different...to each is own. But again I think you're thinking in these types of issues is clearly inconsistent.

Good luck...

Agree, I think our marriage is a lot different. No biggie deal. :\

Hey we got it alln otf today...
checked raised the $15 after a caller to $55. It then got 4bet to $110 from the set of 5s. I started w $250 and at this point decided we gonna see all 5 cards. We 5bet the flush draw all-n, ole timer calls n covers.
Brick brick.
K high fd < flopped set. Short lived day.

June was good and July has been the opposite.
We are close to busto w no money elsewhere.
After buying 2 cars, reg’d titled plated ins, and many ****ty recent sessions, down to $2,500 life Roll.

May need to take a short break. Can’t afford to take a long one, but one is needed.
Gotta figure this out. How are we going survive?

get a job?

We are surviving fine. It's all you.

What happened to the tennis lessons? Easy way to stay “semi” retired by doing something u enjoy for side change


Sent from my iPhone using Tapatalk

If you get Rayz Tennis Academy going again check out the Crescent Hill courts over by the reservoir, they are always packed

"We" are going to survive by getting a job, quitting the stock market that we're obviously terrible at and get more hours in.

OP is gonna do whatever he wants

Enph at 20$+ per share

Lots of posters have been giving that advice. Take low to zero risk approach to rebuilding. Doing the tennis thing, part-time job, sprinkled with a bit of poker... I think poker has too much variance when on a small roll that you won't be playing your best, but I'm sure it varies player to player.

Hope things turn around though BS.

that has to hurt!!!!!!!!!!!

He also sold NIO at the bottom. Its been performing well since.

Suicide watch. for real

How big was OP's position and did he sell at a loss?

Yeah NIO since hitting $2.25 has been on a nice run, almost up to $4 now. ENPH is just an insane run for past while.

Above: I think ENPH BS got it very cheap... like $2 or something and make quite a bit on it to pay off the remainder of his mortgage at the time. If he held... big "if" he would probably easily have a 7 figure stock market figure.

that's why you never go all-in on a stock. it's like going all-in on a blackjack hand, if you get two aces you cant split them.

I think he had over 100,000 shares of enph. Bought under 1$ sold at 3$+ so he made about 200,000$. Profit off of it. But if he held. He would be over 2 million net worth now. His stock picks are usually good. But he needs to not but all eggs in one basket. And don't buy usuing their money or leverage. Bc if he only bought nio with his cash he could of waited it out until it comes back up and made money. Using margin is a horrible idea

He mentioned about 5-6 other stocks which are all up 50%_600%. If he just split the 60k evenly in all those he liked without margin. He would be st 180k now. With about 120k profit. Some of those he mentioned were HUGS and ROKU who all have performed incredibly. And if he sticks to poker he can win easily as he's proven winner and crusher over the years

I said that after he bought a ****ton of NIO, and OP replied with "bought $700 more". I mean the companies he picks may be good but his strategy is purely gambling without any real long term shot of making money.

Don't confuse a bull market and a genius.

So basically wait and see what stocks BS buys, wait about 3 months after and then buy.