What are the ramifications of wash-sales? Say I lose $3000 in a day trade then try to make it back on the exact same stock for the next couple days immediately afterwards but am unable to and still end up essential $3000 down on that stock. Will I still be able to deduct $3000 from my taxes as capital loses (since I added the original $3000 lose to my cost basis of subsequent purchases and never made it back) or am I screwed and that $3000 lose can't be used as a deductible anymore?
This is really depressing. All of the people singing the songs of magical compound interest kept harping on about some guy getting double rice every day until he had trillions of rice in a month made it sound way better. Fuck this shit
Landon Young
i dunno but maybe you should get a permanent residency in tax haven and set up a broker account from there to trade with sometimes I LARP that i made it big and cashed it out in Macau or something (i have a PR as a kid there when my family used to work there).
is it fraud that Macau still gives me like the equivalent of ~$1000 every year in citizen/PR basic income even though i haven't lived there for over a decade. Heck I even got it early this year because of corona
Aaron Smith
Compounding is magical. Just not so much at 5% of 5000
Jayden Edwards
How many people ITT actually shower every day?
Ethan Hill
No one cares if you don't invest. If you don't understand the benefits of compound interest, you deserve poverty.
Asher Mitchell
I should read the Bible instead of watching serial killer documentaries.
Noah Brown
well if you cant find animal movie it ok
but here some:
Isle of Dog Lassie Come Home White Dog THE INCREDIBLE JOURNEY Frankenweenie The Plague Dogs
Westley Allen Dodd Serial pedophile and child killer. Did insanely gross stuff but what sticks out was how Christian he was. Said that only Jesus Christ can stop this type of behavior Hbu
Grayson Cox
You can sell in dec and buy jan missing the loss deduction for the upcoming taxes. Same with taking gains in dec and losing in jan so much you cant pay taxes.
Like making 100k in dec then losing 80k in january fucks you because they occur in different years
John Robinson
If you paid your Q4 taxes, then you wouldn't have anything to worry about.
What's going on with microsoft? Good buy? Robinhood has it at a 88% buy rating, but it seems to have stalled the last 1.5 months. Is this because of tik tok bullshit?
Brody Jackson
No, even if ypu pay you still get fucked vs a 20k gain in one year
None available xcept Plagas Perros, and that one's too sad and scary! The search continue, I'll find something. We have Little Vera (1988) if we want to watch an actual good movie, or Dogs in Space (1986) which is not about what it's title says but still looks interest The Marky Mark movie sucks, maybe I feel attacked by their portrayal of pretentious liberal arts risk takers tho. The Dostoevsky book bangs ofc
