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I heard that sometimes the wash sales on 1099 are not accurate, true or false?

So all that recession talk Is make believe....

I have seen and heard of that program. I'll be honest a bit technical for me. Plus any wash sale questions I have ever had are almost impossible for any CPA to answer. Most have not a clue about answers that relate to wash sale situations

Hope you don't have wash sales.

The markets here are being inflated to bubble levels by nothing else but the pathetic hype of AI ..... so why can't China do the same thing. Find a few AI tech companies like we have here (magnificent 7) and just Pump up a handful of stocks to turn their markets around ....so easy to do, we do...

Nothing but bullish news. There markets are going to do a complete 180 and skyrocket. They are going to join the other bull markets around the world and catapult 50 to 100% in the next 2 to 3 yrs while the dow skyrockets to 70k by end of 2024-2025. There Is absolutely nothing that is going to...

Banks love to fu*k and take advantage of their customers!

I know of someone who went back into the market just before the financial crisis and once it started to climb back up took all money out of their account and made a promise never to buy stocks ever again. To this day they never went back in. No one and I mean no one would ever expect a market...

And the US markets are not a gambling den??? Just China?

KWEB?

I'm bullish. Any day now this index is going to find a bottom and skyrocket an easy 50-100% in the next 24 months as it plays catch up to every market around the world. All China has to do is talk up AI and like magic their markets will skyrocket just like ours has. Simple free money is all in AI.

Found this statistic The median price of a home in the US more than doubled from $24,000 in 1970 to $55,000 by 1980. So that was sort of the uptick until late 80s when housing prices started falling. .. Adjusting for inflation that $55,000 median price should be approximately 203,000 in...

Every single bit of this rally and every rally around the world is based off central banks unlimited printing games. They flood every market with unlimited money to prop up every asset possible. There are no free markets and never will be.

This news means absolutely nothing to wallstreet, in fact most news these days no matter how negative or extremely questionable bothers stocks or wallstreet.

Or maybe they can stop backstopping the markets as a whole. The fed should have NOT saved anyone during the financial crisis and should have let the housing crisis fall apart on its own and let it crawl its way out of its own demise but they didn't and thats why today you have crazy prices in...

Yes super micro options were up 500x but let's be real how many actually made 500x on their money In those options? Alot of these ideas are always after they have happened. There is no way... absolutely no way that they would have found that trade to see that kind of return.

Yea the stock literally just goes up, you can buy it sit back and have it print free money for you day after day after day after day. It's up already 7% year to date.....im sure it does an easy 50% return by December

Yep I guess all this talk of rate cuts has everyone predicting nothing but an unstoppable straight up vertical climb in stocks. This time small caps rallying 60% in 1 year. Talk about bubbling bloated pig predictions...

It's funny how it's 50/50 win or lose but losing seems to be what most do in the stock market. Every single person who trades has this happen. Happened to me countless times so far in 2024. Every single day actually. Can write books on this

The low was around the financial crisis I remember around 7 or 8k...under 10k. Did you own mutual funds tied to their markets?? It's wild to see that spike in 1989 followed by an incredible epic drop. Many today think those days of those types of drops are mon exisent since they have many...