Boiler Room: The Official Stock Market Discussion

Rekkapryde

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brehs sleeping on the short term capital tax on these gains...better to go long cuz uncle sam taking half your profits

the short term tax isn't bad if you don't make a lot of money. Most cats on here don't fall into super upper level income brackets, so the most they'd pay is 22% or 24% on the profit.

I'd say most brehs are in the 12% or 22% bracket.
 

winb83

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Down to 16 now. If anything else goes it will be Stor, Chase, or RTX but not really doing anything else for the time being.
Untitled.jpg
Eventually I want to be 10 or less.
 

NatiboyB

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:ohhh:

Im not shocked. Uncle sam always gets theirs. Which made the foolishnesss cats was on last year with them grants all the more insane:mjlol:

Gov always getting they cut


Wait until next week when they open the grants and loans back up...they legit hired a fraud detection agency to go after people.
 

NatiboyB

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Down to 16 now. If anything else goes it will be Stor, Chase, or RTX but not really doing anything else for the time being.
Untitled.jpg
Eventually I want to be 10 or less.


I see what you mean now. I am spread across different brokerages but I only have 8 real holdings. Most of which are blue chip and things I want long term. Do you already know which ones you are dumping? Before I got on the ark waive I had too many individual stocks after I took control
 

K-Deini

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the short term tax isn't bad if you don't make a lot of money. Most cats on here don't fall into super upper level income brackets, so the most they'd pay is 22% or 24% on the profit.

I'd say most brehs are in the 12% or 22% bracket.
This is me. Don't make a ton, but have no debt. I got all this money through injury settlements and then annuity.
 

Deafheaven

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Wait until next week when they open the grants and loans back up...they legit hired a fraud detection agency to go after people.

They basically setting idiots up at this point. Id say it was entrapment if I was them. My family from chicago and 10 of them pulled this shyt. Im like when the last time you paid to get a grant. They tried to get me to do it and Im like

:mindblown: I work at a bank this blatant fraud fym :mindblown:

They cooling now but soon as they file taxes :francis:
 

NatiboyB

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They basically setting idiots up at this point. Id say it was entrapment if I was them. My family from chicago and 10 of them pulled this shyt. Im like when the last time you paid to get a grant. They tried to get me to do it and Im like

:mindblown: I work at a bank this blatant fraud fym :mindblown:

They cooling now but soon as they file taxes :francis:

im trying to tell people who did it the first time they may be straight but if you do it again they are going to be coming and that gives them more evidence.
 

winb83

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I see what you mean now. I am spread across different brokerages but I only have 8 real holdings. Most of which are blue chip and things I want long term. Do you already know which ones you are dumping? Before I got on the ark waive I had too many individual stocks after I took control
I have two brokerages SoFi and Fidelity. I haven't decided what ones I'm ultimately gonna go down to. I was just spread far too thin. If you pick a winner you wanna actually win. The reason Apple is so great a percentage of my portfolio is because it was a winner when I bought it with a cost basis in the low 40s.

Really I only put like $3.4K into Apple but it's almost $10.5K now. I had positions in my portfolio that were up 50% and it's like $300 in gains or some shyt like Carrier. I just had to drop all those because it's better to consolidate into fewer investments and have larger gains to grow the portfolio since it's so small.
 
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