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11-09-2020, 08:10 AM | #6166 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Is it because of the vaccine test results?
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Posts: 57,710
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11-09-2020, 08:21 AM | #6167 |
In Search of a Life
Join Date: Jan 2016
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Posts: 27,643
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11-09-2020, 08:22 AM | #6168 |
I'll be back.
Join Date: Nov 2002
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i'm rich, biatch!
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Posts: 286,080
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11-09-2020, 08:49 AM | #6169 |
Fish are scared of me
Join Date: Nov 2001
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I guess as people get vaccinated the first thing they do is cancel their Netflix.
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Posts: 40,779
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11-09-2020, 09:02 AM | #6170 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
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Airline stocks up big time.
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Posts: 23,025
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11-09-2020, 09:28 AM | #6171 |
MVP
Join Date: Oct 2012
Location: Lenexa, KS
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Posts: 14,404
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11-09-2020, 10:39 AM | #6172 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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This is where the math can be cruel. I was down roughly 70 percent on my cruise line stocks. They rose 35 percent and now I'm only down 60 percent. But hey, it's still a big win.
I'm kicking derrieres and taking names today. I just held a lot of my most embattled stocks and even added a little to some of them over the past six months. Today is a great, great day. |
Posts: 142,670
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11-09-2020, 10:43 AM | #6173 | |
Court Jester
Join Date: Aug 2000
Location: Orlando
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Quote:
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Posts: 20,051
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11-09-2020, 10:48 AM | #6174 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
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Posts: 142,670
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11-09-2020, 10:50 AM | #6175 |
Fish are scared of me
Join Date: Nov 2001
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Added some more SBE today. With Dementia in the oval he wants to spend 1.3 trillion on EV infrastructure.
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Posts: 40,779
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11-09-2020, 10:52 AM | #6176 | |
Fish are scared of me
Join Date: Nov 2001
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Quote:
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Posts: 40,779
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11-09-2020, 12:00 PM | #6177 |
MVP
Join Date: Oct 2012
Location: Lenexa, KS
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So I'm still new to this whole shebang and wanted advice:
March 23rd I put a bunch of money into stocks. I'm up over 100% of that initial investment. Do I need to wait until March 24th 2021 to withdraw to avoid recording the gains as part of my standard taxable income? Or do I just need to wait for Jan 1st 2021? Or does any of this matter and I could cash out today. Thanks yall! |
Posts: 14,404
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11-09-2020, 12:05 PM | #6178 |
I'll be back.
Join Date: Nov 2002
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Short-term gains are taxed more than long-term gains (over one year).
Adjust accordingly. You may want to hold for a year (March 24th) to minimize tax. https://www.investopedia.com/article...-tax-rates.asp |
Posts: 286,080
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11-09-2020, 12:07 PM | #6179 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
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Posts: 142,670
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11-09-2020, 12:09 PM | #6180 | |
Veteran
Join Date: Oct 2002
Location: Bismarck
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Quote:
In the end it comes down to what your investment goals were for that stock. Profit is profit, and you can never go wrong taking it. |
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Posts: 1,299
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