You understand Social Security is taxed for some of us, right?
A famous income tax for the rich guy paid for his tax break program by taxing social security benefits for the 1st time...
stock market
- Thread starter Oildudeny
- Start date
A famous income tax for the rich guy paid for his tax break program by taxing social security benefits for the 1st time...
Oh, yes, I realize SS is taxed for those of us with other income. I fall into that category. I believe that 85% of my benefits are taxed. I hear (not certain I heard it correctly) the new tax and budget bill will increase those taxes even more if passed.
What I meant was even if Roth distributions aren't taxed, the amount of distribution could be used to increase your tax rate on other income. It's a subterfuge politicians love.
Zee09
$200 Site Donor 2023
- Joined
- May 5, 2018
- Messages
- 20,976
Yip
I'm taking a sabbatical...
Hmmmmm.
Dogecoin is at 450% for me.
only $1,500 invested.
26k shares.
I planned on losing it.
shoulda dumped at 1,000%
Dogecoin is at 450% for me.
only $1,500 invested.
26k shares.
I planned on losing it.
shoulda dumped at 1,000%
Well, I had my fun. Made my 300% and left. bought some cool toys with it. The stock market has been fun, but for "real", I think I will continue to buy land instead of stonks.
Anyone look into ACVF?
https://nbcmontana.com/news/nation-world/investment-fund-dumps-woke-companies
https://nbcmontana.com/news/nation-world/investment-fund-dumps-woke-companies
It was just play money. I wanted a night vision setup but didn't want to pay much for it. I got my setup for free, effectively.
Zee09
$200 Site Donor 2023
- Joined
- May 5, 2018
- Messages
- 20,976
I just finished my 2020 taxes Saturday. I was on a extension.
Sadly in just October and November of 2020 I did 658 flips...
I thought I was getting old and forgetful. I don't remember most.
My latest strategy for 2022 will be few trades and big scores I hope.
All those flips strung me out. That ain't no way to live.
I would see numbers in my sleep...
Nuts.
Sadly in just October and November of 2020 I did 658 flips...
I thought I was getting old and forgetful. I don't remember most.
My latest strategy for 2022 will be few trades and big scores I hope.
All those flips strung me out. That ain't no way to live.
I would see numbers in my sleep...
Nuts.
I did 0 flips last year. I looked earlier, I still have mutual fund shares I bought in the 1990's. Most changes I've made have been in Roth and traditional IRA accounts so there's no tax consequences to move in and out of various funds. But I didn't do any last year, just bought additional shares, no selling. This is one of those crazy markets, just when you think it's all roses, it starts to tank and when you think it's going to tank for a bit, it comes back. Now futures are up again.
Zee09
$200 Site Donor 2023
- Joined
- May 5, 2018
- Messages
- 20,976
Exactly the game changes daily.
I sat out a few months as I was shell shocked a bit. Today it's hard to know if you are in danger or going to score.
I have a buddy in TN. and we fight the fight together..
He hammered oil stocks heavily but now has PTSD now too...lol
You stock flippers have a lotta intestinal fortitude.
I didn't do jack except buy a little TSLA.
I let Schwab sweat the small stuff.
Yeah, from what I can tell it's for not a lot of cash but I guess that's all relative. I've had 5 digits gains and losses the last few wild swings we had.
But people tell me they play fantasy football for a few hundred dollars and I guess it's one way to monetize a hobby but they seem to spend way too much time at it.
Zee09
$200 Site Donor 2023
- Joined
- May 5, 2018
- Messages
- 20,976
When you take and flip 6 digits daily it gets serious real quick. Especially on turds like Lemonade. My buddy took $89k from MPLX in two months.
He went on to hit the rest of big oil and scored just as big.
And he is a rank amateur on Robin hood.
Then you have those that flip BRK.A daily too. That to me is serious especially on the hood...lol
Similar threads
