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    Beginning of a bear market 2022?

    Fed meeting this week. Looking for a .25 basis point hike. Who know what the fed says but I'm sure they will be extremely dovish! Looking for a 5% volatility up or down into end of week.
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    Beginning of a bear market 2022?

    At the rate the nasdaq is falling everyday it will be under 10k by beginning of April and 0 by May!!!! Yes trillion dollar companies worth 0!!!
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    Kevin O’Leary says he’s put 20% of his portfolio in crypto,

    Thats the situation, to have bitcoin give you the multiple returns it has in the past is only going to get harder in the future. Just play one of the other 15,000 coins!!!
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    Stock mkt sure isn’t scared of a Nuke war . Down 12% is a small pullback

    Could be the s&p in due time. Imagine.... Wonder what the federal reserve and powell would do. What kind of idea would they have in place to at least stabilize the markets Maybe no short term capital gains tax More Unlimited QE Negative rates Maybe they just spend trillions buying stocks...
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    Stock mkt sure isn’t scared of a Nuke war . Down 12% is a small pullback

    Markets would be shut down for at least a few days and depending on where the wars are and how bad it is, they could be shut down for weeks. Keep in mind that if this were to happen the world economy would be at a comple standstill and GDP in nearly every country looking out a few months...
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    Gotta love ZERO RISK in the SP500 = $$$

    Get ready for another down futures market along with higher oil prices in less than 2 hours!!! Markets heading into their 6th straight down week in a row!!!!
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    New York’s First NFT Restaurant to Open in Times Square This Year

    More NFT fad nonsense Wait till cryptocurrencies lose 50 60 70 80% of their value.
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    Kevin O’Leary says he’s put 20% of his portfolio in crypto,

    The collapse in cryptocurrencies is just about to begin :D:D:D:D:D:D:D
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    Wash sale loss disallowed.... skip December?

    And another one If the trader exits wash sale holdings by year end, the wash sales are a big nothing, and do not affect your losses recognized for the current tax year. The best time to exit a wash sale holding entirely is by NOVEMBER, and to STAY OUT OF the tickers all of DECEMBER. (This...
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    Wash sale loss disallowed.... skip December?

    From the forums As long as you fully exit the position before the end of the year then it won't matter in the end. Wash sale rules don't completely prevent realizing losses, they just postpone the realization of those losses to a later date. If you close your positions out some time later, the...
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    Wash sale loss disallowed.... skip December?

    Oh here yaaaaaaaa go. Took all of 23 seconds to find this glorious reddit forum all about wash sales And check out the title....that title saysssssss it ALLLLLLLL
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    Wash sale loss disallowed.... skip December?

    Yes I DID buy back the shares in February 2022 and have traded the stock numerous times so far.
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    Wash sale loss disallowed.... skip December?

    As you can see how complex wash sales are you would think they would tweak them, there are literally thousands of posts online talking about wash sales and most of the ones who know exactly how they work always say that wash sales are no threat at all as long as you close the position out prior...
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    Wash sale loss disallowed.... skip December?

    True and I have, but about 99.999% of the time they work around the questions you have saying that the questions I have should be brought up to a tax professional as they are NOT allowed to give any kind of tax advice or tax answers.
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    Wash sale loss disallowed.... skip December?

    Yes I did buy and sell it in the beginning of 2021 and yes did have wash sales on it that were Disallowed at that time but from everty angle I have covered about wash sales being disallowed that once the stock is sold prior to the next calendar year all wash sale disallowed become allowed. Your...
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    Wash sale loss disallowed.... skip December?

    So get this. I had a friend show me their 1099, They did millions and millions worth of trades. They had a 100k loss and in the disallowed wash sale column. They had over 1 million dollars worth of disallowed wash sales. Now can you tell me what kind of tax bill this person faces???
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    Wash sale loss disallowed.... skip December?

    Rightttttttt Try calling them. Half the time you can't get through, if you do the wait time is more than an hour and ifffff you get someone who hasn't a clue about wash sales, well they send you off to someone who might and that's another long day on hold.. The wash sale is there for people...
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    Wash sale loss disallowed.... skip December?

    I did NOT but the stock 30 days before and when I Sold it in December I did NOT buy it back until Feb 15th 2022. I have read that wash sale rule plenty of times and as you can see it says this 1. WHAT IS A WASH SALE.... 2. HOW TO AVOID A WASH SALE....THAT ONLY SAYS BUY SOMETHING SIMILAR...
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    Wash sale loss disallowed.... skip December?

    My first buy of that equity was on February 15th 2022. And it goes by CALENDAR days not business days. I sold it on December 3rd 2021, welllll past the 30 days!!
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    Wash sale loss disallowed.... skip December?

    This just gets more complex, you mentioned if I sell the shares "NOW" in 2022 vs 2021? From every bit of article I have read the shares HAVE to be sold before the following year, so they have to be sold by December 2021 and not bought back for 30 days after which to be completely safe from the...
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