Still flailing and failing. Again , the Fed can still misguidedly raise rates and tighten money supply today. And there's no Gold standard today. C'mon, focus, maybe you can get above the Mendoza line.
OT: Stock and Investment Thread
- Thread starter RU05
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Not just tax but it also affects your Medicare premium. I converted a Traditional to Roth IRA in 2023 which almost tripled my taxable income for the year even though I never saw a dime of it and it cost a lot in income tax. I turned 65 the end of 2024 and signed up for Medicare. I then got a notice that because of my "high income" in 2023, my Medicare premium for 2025 had also tripled. Fortunately, it's only for one year and then my premium will re-adjust using my 2024 salary.
I’m not withdrawing from the 401k and not trading or withdrawing from my brokerage account. If I needed the cash, I would sell from my brokerage account, but focus on the stocks with the least amount of gains, as you won’t be paying tax on your cost basis.
95% of my trading is in my 401k, as there is no immediate tax consequence, and the short versus long-term gain dilemma doesn’t exist.
I am suspending the quarterly 401k withdrawals for the rest of year and my LT gains are significant enough across most of my 10 holds (kinda my rule to only hold 10) that there really aren't any low hangers to pick from. Bought during Covid dip and they are all up in the +150 - 200% range.
My 401k also doesn't have those tax penalties so I'll keep the cash in there and re-mix the investments when time to do so. For a total tax play what I did today was generate $100k cash buy selling half of some of my holdings and paying 15% on the $57k gain ($8.55 tax liability) and now I'll just leave the $100k in the 401k which would have been $22k in taxes had I pulled it from there.
The $100k cash can now sit and earn 4.3% until I decide to reinvest or need for something else.
I'll protect the nest egg and play in the play account. One man's thinking.
I have part of my portfolio managed and I beat them on return almost every year so far. Many of my friends with half a brain say the same thing. I actually pay them to under perform. (before you ask yes I already told them the last year of the 5 year experiment was in progress and they were at risk).
Nobody watches my assets like I do and being part of a group invest based on some model that doesn't react very fast isn't working for me.
LAST TIME BEFORE PEOPLE START GETTING BANNED FROM THIS THREAD.
ZERO POLITICAL TALK, TAKE IT ELSEWHERE.
Somehow you guys missed this one from vkj this morning. I had already promised RU-05 to try to keep out of the thread, because even my non-political tariff posts were generating inflammatory posts from the usual suspects, so I didn't respond to vkj's attack, which easily could've derailed this thread, but this should've been an easy one to detect and delete.
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My biggest financial achievements are that we have all our debt paid off and I have been a consistent saver of some type of investment for 50 years. Some better than others but always saving more than I spent.
Exactly, the CE has active threads on the tariffs with both sides of the political aisle posting. There is absolutely no reason those already paying for a subscription couldn't take their arguments there. For posters not paying for a subscription then too bad, you can't take your political cheap shots on the free boards.
why post this crap here in a reply to a warning about it? and you wonder why you generate such responses? yes, that one you quoted is awful.. but don't you have other recourse than repeating it here? BTW.. there is no such thing as a non-political post on tariffs as the tariff itself is created by politicians.
Hal Turner is claiming that margin calls went out this morning.
If this is true and starts the avalanche-CDS go unpaid,etc.,perhaps my next obituary posting will be:Wall Street,Dead at 372
If this is true and starts the avalanche-CDS go unpaid,etc.,perhaps my next obituary posting will be:Wall Street,Dead at 372
? Can you post a link or explain more? Margin calls = Wall St dead? Very dramatic. Company’s market caps are down but have not seen anything on CDS or corp yields.
Hal Turner? The radio show conspiracy guy?
That’s entertaining but it’s not even remotely a credible source.
Self absorbed people love to post about why they are posting. Attention whores
I don't understand why people would use margin anymore with all the leveraged and inverse ETFs available. However, I guess you still need to use margin to short a specific stock?
Been making a boatload on GLD future contracts! I'm sure those leap calls will pay off nicely as well.
I doubt it. After all the margin calls that went out after October 19, 1987 the street still survived. What this says, and it's been said many times before, it's a rare occasion that margin should be used.
Goldman had an article that precious metals will drop, except for gold. Gold is not just a precious metal, but also a play for safety and hedge against the US policy and the dollar. Lots of nations are buying gold for their reserves. My bet is that it still goes higher.
With that said, I have jumped in and out of my GLD futures a few times to lock in profit.
Had to google this claim
According to Wikipedia there has been only one down day of 13% or more. That being black friday in 1987.
There have been only 3 other double digit down days in the history of the market all of those coming in the 1920’s.
1987 is a good case study and why the bulls always beat the bears. Even after the crash and turmoil, 1987 ended up being a positive return year.
Yes you need margin to short.
Also the amount in margin and some other similar products to it is so much more than you realize apparently.
That's like asking a gambler why they still go to the OTB.
Because it allows people to use money they don't actually have. It's basically the same as the general public buying things with a credit card.
Hope so. I was up Thursday and then got hit yesterday.
That’s why I switched from 70/30 to 33/67 nine months before retirement in Jan 2022. As of today, my returns are 2.5% higher (over the last 39 months) than if I had 100% in the S&P 500. I sleep very well at night; and had no concern when I trailed the market by 10% last July.
A very high % of money managers don’t even meet the S&P 500 return.
The latest round of retaliatory tariffs announced by the US has drawn sharp reactions from analysts, who warn of significant consequences for the country’s technology sector and its position in the global artificial intelligence (AI) race.
Wedbush Securities analyst Dan Ives, in a client note issued Friday, criticized the policy direction, saying it could set back the US tech industry by a decade.
“The concept of taking the US back to the 1980s ‘manufacturing days’ with these tariffs is a bad science experiment that in the process will cause an economic Armageddon in our view and crush the tech trade, AI Revolution theme, and overall industry in the process,” he wrote.
I’d don’t use an advisor, but IMO, they earn their money by keeping losses to a minimum during a downturn. The cost of that - besides paying the advisor - is less upside potential.
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They shouldn’t. They should build a portfolio for you with the right stock and fixed income portfolio. I find their value in tax strategy and fixed income.
I believe you're talking about a Certified Financial Planner for individual portfolio management vs an active mutual fund or etf manager/management team. ???
An observation: I find it "interesting" how many experienced and successful professionals do not choose to learn investment basics, enough so to manage their own portfolios. Maybe the fear factor? Maybe advisors assigned as an employment benefit/service? I know more than a few senior management types (even a retired CEO) who work with advisors to direct their investments. And they don't seem to know what is actually behind the individual funds they hold or even what the ticker is for any given fund. We converse often these days, and they have questions about portfolio construction strategies especially for the "in retirement" phase.
Correct. I thought that’s what the poster was referring to. The fund manager has an objective. That objective is just to beat the S&P.