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/biz/ - Business & Finance

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File: 301 KB, 1080x828, 20220708_165333.jpg [View same] [iqdb] [saucenao] [google]
50243810 No.50243810 [Reply] [Original]

IM SO REKT
>IM SO REKT
IM SO REKT
>IM SO REKT
IM SO REKT
>IM SO REKT
IM SO REKT
>IM SO REKT
IM SO REKT
>IM SO REKT
IM SO REKT
>IM SO REKT

>> No.50243836

how nothing happened

>> No.50243851

>>50243836
my dividends won't cover my bills. I may actually have to sell some of my stack at the bottom. I also tax loss harvested about $100k so if I dont get a chance to make that back I'm fucked

>> No.50243949

>>50243851
oh yeah I did something similar. $50k cap gains harvested and I reinvested like an idiot. whelp, guess we'll see what happens by October

>> No.50243975

>>50243851
what do you mean make that back?

i thought the way TLH worked was, if you hold a fund like VTI at a loss, you sell it and buy VOO or something else almost identical, so you can report $3k in capital losses while still holding the same position

why do you need to make it back? is there some penalty?

>> No.50243979

>>50243810
>Noooooo you shouldn't be on your phone at the airport you should be socializing!!!

>> No.50243980

https://www.youtube.com/watch?v=EFaIu7UOHwE

>> No.50244003

>>50243979
The cutie in the middle has it right

>> No.50244275

>>50243979
you clearly missed the point of the photo
>>50243975
its $3k per year carrying it into other years but within the same year I can now take $100k in "profits" and it offsets my losses

>> No.50244361

>>50243980
kek
list it faggot

>> No.50244370

>>50243980
haha lost it

>> No.50244571
File: 640 KB, 680x1069, 6750.png [View same] [iqdb] [saucenao] [google]
50244571

>>50243851
>tax loss harvested about $100k
>lost 100k to save ~20k
loss harvesting is a meme unless you bought garbage

>> No.50244748

>>50244571
except I owe $200k in loans so I need to cash out a large sum anyway. if we recover it'll be genius on my part and all my troubles are gone. versus cashing $200k to pay the loan and then owing another $50k on that money, then another $20k to make the $50k then another $3k to make the $20k

>> No.50245393
File: 54 KB, 1280x683, Mc Chart.jpg [View same] [iqdb] [saucenao] [google]
50245393

>>50243810

It is calling you every time.

https://www.youtube.com/watch?v=IiU2_DpLh-U

>> No.50246301

>>50245393
>expected the Golden Bull Run
>got the Golden Arches Cycle

>> No.50246381

>>50243979
It's a nervous twitch to pull out and look at your phone. Our society is filled with cucks.