Boiler Room: The Official Stock Market Discussion

NatiboyB

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they own soul cycle tho which is a cultish becky play - while the cycling studio craze was wearing thin, and peloton was eating into their niche before the pandemic, i think people miss real interaction so boutique fitness like soul cycle, orange theory, barre, solidcore, barry's etc might see a big rebound. that said, soul cycle is slightly against the ropes and could go either way as far as popularity - flywheel went bankrupt and closed all its locations (likely due to the peloton suit and pandemic)

You know I stay in a small military town. I haven’t even seen a soul cycle. I’m assuming for those places I’d need to go to Dallas. When I think about gyms I think about finding members who pay monthly that don’t actually utilize the facilities. It seems as if the ones who can keep people on the hook for longer with people who don’t actively participate stay around longest.

If soul cycle or the other spots you mentioned are able to do that they can definitely be a good look because people are missing that interaction.

meat heads like me and others I know aren’t the kind of crowd most of the gyms outside of metroplex want anymore. Even golds went corporate some years ago before I even got into fitness. It used to be the meat head Mecca now it’s just metroplex and mom and pops joints.
 
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Deafheaven

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So do people generally wait to take profits (on long holds) at the beginning of the next year to avoid capital gain taxes foe the previous one? Curious if that is a common occurence
 
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So do people generally wait to take profits (on long holds) at the beginning of the next year to avoid capital gain taxes foe the previous one? Curious if that is a common occurence

I do it sometimes, although depending on the size of the capital gains increase that ultimately becomes law, I may realize some positions ahead of the new year - assuming the tax increases are not retroactive (doubt they will be)
 

Deafheaven

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I do it sometimes, although depending on the size of the capital gains increase that ultimately becomes law, I may realize some positions ahead of the new year - assuming the tax increases are not retroactive (doubt they will be)

Any concrete number on when ur required to report?
 
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Any concrete number on when ur required to report?

Your brokerage will issue you a Form 1099 between January and February for the prior calendar year. That details your realized losses and gains as well as classifications such as short term / long term gains and ordinary / qualified dividends

You would use that as part of your tax return filing due in April (to determine what you owe or can use to shield taxes)
 

T-K-G

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I’d treat this as a sell the news type and take some profits off the table before Saturday.. doge day 4/20 was supposed to be a good day too and the coin ain’t do shyt :russ:
Already profited pretty good now anyway so im :yeshrug: it's all house money for me rn
 

ExodusNirvana

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I pay $300 a month for the Destination Access which gives me access to locations globally; it was pretty clutch when I traveled for work

Personally, I just like the cleanliness, ambiance, high quality facilities / equipment, classes, and range of access (a lot of locations in Manhattan so I can find one near me regardless of where I am in the city). There are some other random perks that I've never looked into or realized.

I do pay extra on top of the monthly fee though for personal training so it's definitely not cheap.
If they lowered their price I'd consider it

The NYHRC went bougie right when the Rona started and sold out to some fancy $300 a month gym and now I'm just at various YMCAs which needless to say is not the same

NYHRC was'nt as fancy as Equinox but they had locations all over Manhattan and it was kept pretty clean, pools, etc.

I'd like to workout without little kids running around :francis:
 
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