Loser Araysar
Chief Russia Correspondent / Stock Pals CEO
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Investing General Discussion
- Thread starter Furious
- Start date
I honestly have some of the same thoughts as Mist, but in my mind my counter argument (to myself) is that we are only just beyond the 2021 highs in most cases and the economy has had more inflation and pretty much across the board all these mega cap tech giants seem even more dominant than they did 3 years ago, so could we dump -15? sure but +15 more this year and again next year seems more likely.
AI is so hope based and hypothetical I honestly don't even look for a crash to come from tech for another 2-3 years so I think we might just string together a couple years of 20-30% gains which really isn't historically unheard of.
The_Black_Log Foler
Stock Pals Senior Vice President
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Started doing my taxes yesterday. Turbo tax is estimating I owe the feds 5k…. I have already had these losers withhold almost 50k last year. Got my first RSU vest last fall and sold to cover withholding on vest. This is insane.
Should I be changing my withholding amount? I don’t remember specifically selecting this when I got this job but it seems like I can. I feel like it’s better to owe them money than give them a free loan but 5k owed is a large delta.
Should I be changing my withholding amount? I don’t remember specifically selecting this when I got this job but it seems like I can. I feel like it’s better to owe them money than give them a free loan but 5k owed is a large delta.
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I've consistently had sell to covers on my RSU vesting over the past 4 years and inevitably they never sell enough so I keep ending up owing. But that's fine by me since the undersell to cover meant more stock getting more valuable over the year.
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Jysin
Ahn'Qiraj Raider
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Remember this chart? Friendly reminder that stonks can get far more irrational than you ever can imagine.
Today:
Loser Araysar
Chief Russia Correspondent / Stock Pals CEO
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Owing them money isn't a problem if you can manage your own cash flows correctly. I try to owe them as much as possible because I don't believe in free loans to the government. The only issue is if you end up with an underpayment penalty, but even then most of the time you can avoid that by claiming your income is irregular. This is the truth in the case where the differential is from investment income, given that you can never really know your net gains until the end of the year when you've decided not to loss harvest or whatever you might have done. (I can't remember if this works without a Schedule-C since I've always had one, but I think it does.)
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The mean perceived probability that U.S. stock prices will be higher 12 months from now increased by 0.2 percentage point to 36.7
Above is from ny fed survey. Wild to me that 2/3rds of people think markets will drop.
Above is from ny fed survey. Wild to me that 2/3rds of people think markets will drop.
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Palum
what Suineg set it to
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Well... 12 months from now will be 3 months after the elections. So all the shenanigans pulled to prop up Democrats through the election cycle might be crashing back to Earth about then... So I would see a crash starting around this time next year being a better than zero chance.
Loser Araysar
Chief Russia Correspondent / Stock Pals CEO
- 75,324
- 148,207
Zog
Blackwing Lair Raider
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Except Nvidia doesnt make its own chips, taiwan semi does. If you think theres a 3 trillion dollar business in nvidia but not intel or amd... Might want to step back from the koolaid.
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