The point is that a penny invested is worth more than the value of that currency.
So it behooves one to figure out how to save with a long term horizon even if you can’t scrape together 65k or 350k in today’s dollars.
and outside of maybe Miami and the hamptons, most real estate has not...
at the end of the year. You will sell all your losers and some of your winners to create zero tax liability and then re-buy them all at new basis. It’s a way to defer taxes without taking any economic risk the irs doesn’t like that.
they can all talk about how it will be harder for them to vote. And in a giant group,
it will be easy for a police officers to call it a riot and beat them with batons.
It’s real easy. You buy two stocks for 100. One goes to 151. The other goes 50. You sell both. Shortly later you buy the second one for 39 and it ends the year at 41. You have made 3 dollars but owe taxes on 51.
there have been years where my taxable gains exceeded my realized gains by a lot...
Georgia legislature threatening MLB’s anti-trust exempt status now. Just like they are threatening deltas tax breaks.
If you go against the Party your company will be punished.
Pop quiz: name two countries where that is part of the norm.
hint: one rhymes with Brussia and the other rhymes...
no they can’t. See all those help wanted signs everywhere? Are all those jobs filled? What’s the unemployment rate right now. The Covid recovery is supposed to be like a cape cod economic recovery: high unemployment in winter, but massively low unemployment in summer. The stimulus under both...