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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza

A place to talk about investing stuff.

Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 02-17-2019, 12:10 PM   #2626
Buehler445 Buehler445 is offline
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Originally Posted by lewdog View Post
Resistance within a week’s time.

I could look for a small profit over a few days to weeks.
That's fair. But from the chart, I don't see any reason for GoChiefs to be Bentley shopping.
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Old 02-17-2019, 12:14 PM   #2627
lewdog lewdog is offline
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Originally Posted by Buehler445 View Post
That's fair. But from the chart, I don't see any reason for GoChiefs to be Bentley shopping.
Oh god no. Idiot bought near $40.

It’s lucky if it touches $30 this year.
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Old 02-17-2019, 12:26 PM   #2628
Hammock Parties Hammock Parties is offline
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Originally Posted by lewdog View Post
Oh god no. Idiot bought near $40.

It’s lucky if it touches $30 this year.
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Old 02-17-2019, 09:10 PM   #2629
lewdog lewdog is offline
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All right, **** IQ. Time to go with a real company.

Pfizer it is.
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Old 02-17-2019, 09:38 PM   #2630
displacedinMN displacedinMN is offline
It was not a fair catch
 
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Just want to tell everyone.....F taxes.
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Old 02-17-2019, 10:16 PM   #2631
Buehler445 Buehler445 is offline
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Just want to tell everyone.....F taxes.
What happened? Most dudes are coming out favorably. Preparers are fussy because government made something simple insanely hard, but most dudes are better than they were before.
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Old 02-18-2019, 08:21 AM   #2632
Rain Man Rain Man is offline
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Originally Posted by Buehler445 View Post
What happened? Most dudes are coming out favorably. Preparers are fussy because government made something simple insanely hard, but most dudes are better than they were before.
I'm going to get killed this year. We overshot withholding last year, and the accountants' recommendations undershot us badly this year. Last December several clients paid late, just into January, and it kind of jacked up our projections.
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Old 02-18-2019, 08:31 AM   #2633
Hog's Gone Fishin Hog's Gone Fishin is online now
Fish are scared of me
 
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I'll get hammered this year. This is the first year in 36 years I haven't drawn a regular paycheck so I got no Federal withholding taken out.
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Old 02-18-2019, 08:58 AM   #2634
Hog's Gone Fishin Hog's Gone Fishin is online now
Fish are scared of me
 
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I hate Presidents day!

Post office=closed
Banks=Closed
Stock Market=Closed
Fishing =Closed
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Old 02-18-2019, 09:30 AM   #2635
Buehler445 Buehler445 is offline
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I'm going to get killed this year. We overshot withholding last year, and the accountants' recommendations undershot us badly this year. Last December several clients paid late, just into January, and it kind of jacked up our projections.
Fair enough.

And by and large **** taxes.

But most guys are seeing benefit of the tax bill
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Old 02-18-2019, 09:37 AM   #2636
DaFace DaFace is offline
Kind of a mod
 
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Originally Posted by Buehler445 View Post
Fair enough.

And by and large **** taxes.

But most guys are seeing benefit of the tax bill
The problem is that taxes are stupidly confusing, so most people don't really understand them well enough to pay close attention to what their employers are doing with their withholdings. Most "normal" people did, indeed, pay fewer taxes this past year, but most also didn't withhold enough, so overall people are getting less back in refunds than they're used to. That's causing a lot of angst, as a lot of people use them as a sort of forced savings account that then allows them to catch up on some things once a year.

In other words, yes, people paid fewer taxes this year. But most just absorbed the extra $50 per paycheck without really noticing it but are now short the extra $500 they were typically used to at the end. To 90% of people, that feels like the tax bill screwed them over even when it really didn't.

Here's a good article that talks through some of the numbers:
https://www.cnbc.com/2019/02/15/tax-...ont-panic.html

Last edited by DaFace; 02-18-2019 at 09:43 AM..
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Old 02-18-2019, 10:24 AM   #2637
SuperBowl4 SuperBowl4 is offline
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Old 02-18-2019, 03:23 PM   #2638
Rain Man Rain Man is offline
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Originally Posted by SuperBowl4 View Post
Invest in LEAD and FOOD
But not lead in food.
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Old 02-18-2019, 03:32 PM   #2639
Buehler445 Buehler445 is offline
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Originally Posted by DaFace View Post
The problem is that taxes are stupidly confusing, so most people don't really understand them well enough to pay close attention to what their employers are doing with their withholdings. Most "normal" people did, indeed, pay fewer taxes this past year, but most also didn't withhold enough, so overall people are getting less back in refunds than they're used to. That's causing a lot of angst, as a lot of people use them as a sort of forced savings account that then allows them to catch up on some things once a year.

In other words, yes, people paid fewer taxes this year. But most just absorbed the extra $50 per paycheck without really noticing it but are now short the extra $500 they were typically used to at the end. To 90% of people, that feels like the tax bill screwed them over even when it really didn't.

Here's a good article that talks through some of the numbers:
https://www.cnbc.com/2019/02/15/tax-...ont-panic.html
Makes sense. I haven’t done a ton of W-2 only returns, but the ones I have the federal is OK but the state is way underwithheld. Because Kansas.
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Old 02-18-2019, 03:53 PM   #2640
Rain Man Rain Man is offline
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I hate Presidents day!

Post office=closed
Banks=Closed
Stock Market=Closed
Fishing =Closed
I didn't know that fish observed President's Day.
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