Wow, that is some serious dough. In the US, long term capital gains are capped at 20%. And if you earn only $493,000 during the year, you only pay 15% if I am not mistaken. Looks like Justin Trudeau is really giving it to the Canadians up the backside. Move across the border and become a US citizen, you will immediately, get a huge tax cut. No wonder, Megan and Harry went to live in the US after living in Canada for some time.
Any profitable trading strategies that are green every month?
- Thread starter keroppi
- Start date
Wow, that is some serious dough. In the US, long term capital gains are capped at 20%. And if you earn only $493,000 during the year, you only pay 15% if I am not mistaken. Looks like Justin Trudeau is really giving it to the Canadians up the backside. Move across the border and become a US citizen, you will immediately, get a huge tax cut. No wonder, Megan and Harry went to live in the US after living in Canada for some time.
I deposit/withdraw in usdt, so I can structure taxes well.
buy a call spread on the spx and buy a putspread on the same strikes. It earns every month.
Remember they got Capone for tax evasion.
It's not that bad, You only pay the outrageous tax on 50% of your cap gains. So 40% works out to 20% and thats on all gains, no difference between short and long term gains.
Canada has some advantages, I think I'll stay here.
US Banks usually give you that at minimum 20K a month in house fees, it’s good business
I’ve been green for years. Haven’t lost a penny, drinking good liquor, and eating a lot of steak—in the fixed income markets.
Near-term T bonds yielding 5½%, much more with timely coupon reinvestment, laddering, and compound interest (i.e. “Total Return”).
If you’re willing to tolerate more risk, even a lower-rated investment/grade Corporate bond, say “A” rated, pushing a 7%. Probably less of a risk than most equities today.
Inflation—yeah, I know… Real Return is still ahead. Just avoid highly inflated stuff—like new cars, real estate, and dining out. Also taking losses in the Equities markets doesn’t help you to beat inflation.
Furthermore, they are also exempt from some taxes!
The bond market is where all the cool people hang out now. Ride that curve man! Get while the gettin’s good—while Powell & Co. are cranking rates to squelch inflation.
Near-term T bonds yielding 5½%, much more with timely coupon reinvestment, laddering, and compound interest (i.e. “Total Return”).
If you’re willing to tolerate more risk, even a lower-rated investment/grade Corporate bond, say “A” rated, pushing a 7%. Probably less of a risk than most equities today.
Inflation—yeah, I know… Real Return is still ahead. Just avoid highly inflated stuff—like new cars, real estate, and dining out. Also taking losses in the Equities markets doesn’t help you to beat inflation.
Furthermore, they are also exempt from some taxes!
The bond market is where all the cool people hang out now. Ride that curve man! Get while the gettin’s good—while Powell & Co. are cranking rates to squelch inflation.
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Remember they got Capone for tax evasion.
Good point. Avoidance, ok. Evasion, not ok. Somebody needs to start a thread about the avoidance lane, available to individuals, but not corporations, in the U.S. I'll post something if i can think of the name of the expert on YouTube who, since the '90's, has been preaching this gospel, unmolested by the IRS, because he stands on solid legal ground.