Started with a $1/$2nl challenge, now we're here. - Page 326 - Poker Blogs and Goals -- Two Plus Two Poker Forums

Worst case scenario;

He goes busto, his wife has a job, they probably struggle for a few months while rayz does odd jobs for people and trains tennis making a couple k a month. In which case they are still ahead of probably 95% of Americans at they’re age.

You got this rayz. Your worst case is better than my best case right now. Is it the most optimal line? Probably not but hopefully it pays off for you.

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04-20-2019 , 09:54 AM

#8127

squid face

ChatThreadPrez

Join Date: Dec 2009 Posts: 11,469

Quote:

Originally Posted by iTzLifestyle

I Dont want to get into an endless circular debate. But I can think of a very realistic worst case scenario that is quite a bit worse than the one you have outlined. Rayz gotta do Rayz, but I think many are worried about losing not only the farm - but possibly the fam as well. Financial issues are a significant cause for big time maritial problems. There is a very realistic possibility of massive downside - which many think is very irresponsible. I honestly believe most wish the best for Rayz but they feel like they need to say something. I think there are very few actual haters

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04-20-2019 , 09:59 AM

#8128

iTzLifestyle

Carpal \'Tunnel

Join Date: Jul 2011 Posts: 8,081

Your right, I (mistakenly) assume everyone has the same relationship with their SO as myself. I get the vibe that Rayz wife is ride or die (she’s lasted this long amirite?) but I could be wrong.

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04-20-2019 , 12:46 PM

#8129

KatoKrazy

Pooh-Bah

Join Date: Jan 2009 Posts: 4,533

I'm definitely hoping for Rayz to succeed, but that doesn't preclude me for thinking he's being a colossal fool.

Quote

04-20-2019 , 02:07 PM

#8130

Duke CT

newbie

Join Date: Apr 2017 Posts: 20

Some of you should be using reverse psychology. Tell him it's a good idea to invest in NIO. It seems he's feeding off the rush of the possibility of proving everyone wrong.

Quote

04-20-2019 , 03:56 PM

#8131

sddunes

centurion

Join Date: Jan 2011 Posts: 111

Agree with a lot that’s said here regarding wanting him to succeed. It was cool seeing him hit a home run, after selling The Melody, with ENPH but I feel like the semi-retired life was taken a bit too far and ultimately hurt him from a cash flow perspective.

Still hoping for a turnaround but also need to be building that poker bankroll and stop creating self inflicting scenarios that leave you short.

Quote

04-20-2019 , 04:04 PM

#8132

GhoulPatrol

grinder

Join Date: Dec 2018 Posts: 467

Quote:

Originally Posted by paratrooper99

Paid off house.
Happy and healthy family.
30k + in investments.
Doesn't have a 9 to 5 job that makes him want to end it all.

Rayz, Haters are going to Hate. Happy Easter.

I may have gotten confused along the way, but isn't that 30k+ in investments because he took a 100k home loan out?

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04-20-2019 , 05:57 PM

#8133

Rutledge Smitty

old hand

Join Date: Oct 2009 Posts: 1,415

Agree that most don’t want to see him fail myself included. Just hard to read what he is doing from an investing perspective. Also agree that it would be different without a family, but ultimately he is putting his family in a potentially really rough financial spot with young (I believe) kids.

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04-20-2019 , 07:31 PM

#8134

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

Quote:

Originally Posted by GhoulPatrol

I may have gotten confused along the way, but isn't that 30k+ in investments because he took a 100k home loan out?

yes I believe it was a HELOC loan, and he is down 60-70K so a net negative.

Basically he has massive debt and is trying to trade with borrowed money.
I don't know the interest rate on it..but this ain't a good idea.

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04-21-2019 , 03:39 AM

#8135

LiveActionPro

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 6,738

CSVI........

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04-21-2019 , 03:19 PM

#8136

sleepyguy

enthusiast

Join Date: Feb 2019 Posts: 66

Oh damn had no idea he was investing off pure margin! Wow that is some risky ****. As Mike said, leave yourselves outs... I'm in the camp of getting something steady and rebuild, then take some calculated shots once the base is stable again.

Quote:

Originally Posted by CoolManLuke

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04-22-2019 , 04:20 AM

#8137

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

You musta missed his posts about margin calls LOL. If his stock tanks and they want their money..damn

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04-22-2019 , 08:02 AM

#8138

hopeforbetter

newbie

Join Date: Apr 2019 Posts: 23

subbed gl!

Quote

04-22-2019 , 11:06 AM

#8139

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,171

Quote:

Originally Posted by GhoulPatrol

I may have gotten confused along the way, but isn't that 30k+ in investments because he took a 100k home loan out?

Heloc was for $70k
I used $60k and my wife $10k.
I put $55k of that into RH and used $5k for life/poker roll. Since this time (8months ago ish) I hv added to RH. Now in for $62k ish.

Sent from my iPhone using Tapatalk

Quote

04-22-2019 , 11:50 AM

#8140

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,171

1/2nl I straddled $5 otb w $200 (down from $300) effective.

2 calls and I bumper up to $15 w my KK.
Both players call.
Flop, I see the forbidden Ace in the window. Of course, right?
Oops, behind that we see a cowboy!!!!!!!!!

3way pot $45
Flop A

Check to me and bet $20. One call from the tightest player in North America.

HU pot $85
Turn 8

Mr. Tight check/calls $35.

HU Pot $155
River Q

Mr. Tight checks. I bet $55. Mr. tight just calls w the nuts!

The first one to tell me his 2 exact cards gets 5 points. Shd b easy

*We are on our second bullet. Our f’n last $300 n our life/poker roll.

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04-22-2019 , 12:26 PM

#8141

uberkuber

veteran

Join Date: Jul 2009 Posts: 3,032

JcTc ??

Edit: Nah, he'd raise with that I hope!
AA which is the nuts in these circumstances?

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04-22-2019 , 12:37 PM

#8142

Kelvis

banned

Join Date: Dec 2013 Posts: 8,737

Ad5c

Quote

04-22-2019 , 12:41 PM

#8143

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,171

Quote:

Originally Posted by uberkuber

JcTc ???

I’m gonna mark u for 5 points.

J10 > KKK

Sent from my iPhone using Tapatalk

Quote

04-22-2019 , 12:59 PM

#8144

babaloos

adept

Join Date: Feb 2009 Posts: 720

Hey Ray,

always rooting for you on the sideline, even though most of the haters are against the stocks i always find it intersting.

Just pulled the trigger myself on somewhat a Penny stock that had IPO in March on the CSE 'OILS' is a canabis extraction company that has some patents that interest me.

Always rooting for ya and love the way you approach life keep it up

Quote

04-22-2019 , 03:45 PM

#8145

TheProdigy93

journeyman

Join Date: Mar 2013 Posts: 273

Quote:

Originally Posted by ButterflySymmetry

Check to me and bet $20. One call from the tightest player in North America.

HU pot $85
Turn 8

Mr. Tight check/calls $35.

HU Pot $155
River Q

Mr. Tight checks. I bet $55. Mr. tight just calls w the nuts!

The first one to tell me his 2 exact cards gets 5 points. Shd b easy

*We are on our second bullet. Our f’n last $300 n our life/poker roll.

"Sorry Rayz"
Or
"We chopping?"

Quote

04-22-2019 , 04:09 PM

#8146

GatorXP

old hand

Join Date: Apr 2005 Posts: 1,887

Quote:

Originally Posted by ButterflySymmetry

I’m gonna mark u for 5 points.

J10 > KKK

Sent from my iPhone using Tapatalk

Your bet sizing is....um...bad.

Quote

04-22-2019 , 04:35 PM

#8147

JoeFinesse

stranger

Join Date: Apr 2019 Posts: 11

interesting. Subbed.

Quote

04-22-2019 , 04:37 PM

#8148

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,171

Quote:

Originally Posted by GatorXP

Your bet sizing is....um...bad.

Yeah I priced him in the whole way.
#KnowUrPlayer type and I didn’t want to lose his action. Didn’t think he was drawing.
Anyone else I betting more. Misread on his hand range.
As u can see he didn’t raise w nuts. Doesn’t get any tighter than that.

-298 today.
One bullet in the chamber left for tomo.

Quote

04-22-2019 , 04:49 PM

#8149

GatorXP

old hand

Join Date: Apr 2005 Posts: 1,887

Quote:

Originally Posted by ButterflySymmetry

Cept your not hu til the turn

Quote

04-23-2019 , 08:19 AM

#8150

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,171

#SorryNotSorry prob gonna have to do Picture Day since we down to our last buy-in.
I love when our back is against the wall. Makes me feel alive. First pics coming soon.

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