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1. Overlaying charts where one represents a gain and loss of a few hundred points vs. thousands is fucking dumb.
2. Both economies favored the wealthiest and corporations and both result in massive crashes, recessions/depression. Republicans are fucking morons and always have been.
3. If you didn't pull your stocks out a year ago, you deserve to lose every single cent.
**This post was edited on Mar 19th 2020 at 6:11:30pm
If you've been paying attention at all in the past few weeks, its not crazy at all. You should totally invest, you sound like someone that's really on top of it.
skiermanIf you've been paying attention at all in the past few weeks, its not crazy at all. You should totally invest, you sound like someone that's really on top of it.
You mean the Saudi's flooding the market and Russia not agreeing to OPEC in a time of near no demand? 20$ a barrel, the barrels cost more than the oil in them, crazy.
ive made $383.23 trading a $2000 account over the last two weeks, definitly a great time for short term traders but terrible for buy and hold investors. in a couple of weeks it will be a great time for injecting cash into long term stocks.
Nickc88ive made $383.23 trading a $2000 account over the last two weeks, definitly a great time for short term traders but terrible for buy and hold investors. in a couple of weeks it will be a great time for injecting cash into long term stocks.
Yep, April 1st is going to be a hell of an April Fools. Depending on what this virus looks like by next week I think we'll have a better idea of when we are ready to back up the truck and load up on stocks.
Make sure you save $134 of that profit for taxes at some point. It sounds like you're experienced, but I'm surprised how many people don't know about 35% short term capital gains tax until they get wrecked in April.
Dustin.Yep, April 1st is going to be a hell of an April Fools. Depending on what this virus looks like by next week I think we'll have a better idea of when we are ready to back up the truck and load up on stocks.
Make sure you save $134 of that profit for taxes at some point. It sounds like you're experienced, but I'm surprised how many people don't know about 35% short term capital gains tax until they get wrecked in April.
good input. the short term capital gains tax is actually dependent on your respective taxable income. it's 35% or higher if your taxable income is higher than $204,101. i wager that the short term capital gains tax for most people on Newschoolers that work full-time should be 22%. if said Newschooler let said investment ride for beyond a year it'll move to long-term capital gains tax and be about 15%.
stovegood input. the short term capital gains tax is actually dependent on your respective taxable income. it's 35% or higher if your taxable income is higher than $204,101. i wager that the short term capital gains tax for most people on Newschoolers that work full-time should be 22%. if said Newschooler let said investment ride for beyond a year it'll move to long-term capital gains tax and be about 15%.
