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  1. S

    How to lose 20 Billion in 2 days

    Nice! So what was he investing in so aggressively? Thanks!
  2. S

    How to lose 20 Billion in 2 days

    So what were this guy's bets that went so freaking bad? I mean, the market has been going up, he must have bet most of his apples on a few CRAZY bets...
  3. S

    How to lose 20 Billion in 2 days

    Another alternative: Be destrinino or whatever his dumb name is lolol....
  4. S

    Do I need to incorporate a partnership or anything?

    Moving to a low tax jurisdiction may indeed save you on state taxes, but will not save you anything material in federal income taxes. I think you know that just wanted to make sure. Trump more/less eliminated the federal income tax deduction for state taxes a few years back.
  5. S

    Do I need to incorporate a partnership or anything?

    You are correct. He has absolutely, positively nothing to contribute. He doesn't even understand the subject matter lol.
  6. S

    Do I need to incorporate a partnership or anything?

    You CANNOT. You can be a C corp, but then you will be subject to double tax on anything that you do not pay yourself as salary, rent or for other items. But if you are paying yourselves for those things, to zero out your C corp's profits and avoid the double tax, then you are NOT paying the C...
  7. S

    Do I need to incorporate a partnership or anything?

    1. Yes, you can avoid double taxation, such as by trying to pay out all your profits as salary. However, if you do that, why have the corporation in the first place? 2. Pray tell, what write offs can corporations get that individual proprietors or tax partnerships cannot get? Hint: You are...
  8. S

    Do I need to incorporate a partnership or anything?

    That is a touchy-feely tax, can be very subjective, and not something the IRS can easily hone in on, much less win in court on. But still, incorporating when corporate rates are likely going up bigly is nuts.
  9. S

    IRS audit chances...Under $500K

    Did not listen, but it is EXTREMELY low as long as you don't put shit wrong on your tax returns that they can tell - for example, if you got 1099s totaling $500k, but you only put down $400k, they are almost certainly going to catch that because it is in their system. 99% of the time they will...
  10. S

    More upside predicted, dow 45k+++

    He is right with 92.79% certainty.
  11. S

    Bloomberg Foresees Bitcoin Rallying to $400K This Year

    Sooo, is there a tape of it anywhere?
  12. S

    Bloomberg Foresees Bitcoin Rallying to $400K This Year

    Jesus freaking CHRIST...
  13. S

    Get. Freaking. LONG.

    Oh, look, the village loser showed up again. Question: How many men does it take to change destriero's mom's lightbulb? Answer: None... she gets destriero to do it. LOLOL, you freaking LOSER!!!!
  14. S

    Get. Freaking. LONG.

    Told you guys GET. FREAKING. LONG.
  15. S

    3/31 UVXY Oversold @ $5.65?

    Wait a sec. I thought you said a storm was coming. As in an equities storm. As in equities going down. Why would I buy equities if that was the case? Or are you just telling me to go ahead and lose my arse if I doubt you? :)
  16. S

    3/31 UVXY Oversold @ $5.65?

    Yep, just pulled the historical data off yahoo finance - historical low close appears to have been 9.14, intraday low seems to be 8.56. UVXY over time really trades close to 1:1 versus the VIX (putting the decay factor aside), so you can see if VIX goes from 9.14 to 80 what that would do to the...
  17. S

    3/31 UVXY Oversold @ $5.65?

    LOL, what is coming Relentless? Are you talking about the VIX popping to something like 25 again? Or are you talking it going back to 80 or something crazy? If the latter, what do you see causing that in the near future?
  18. S

    Short Bets in $14 Billion Treasury ETF Say Yield Calm Will Break

    Look here: https://etfdb.com/etfdb-category/leveraged-bonds/ Right off hand - TBT, TMV, TTT, TYO (shorter term) it looks like.
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