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Started By
Message
Fun Fact: The Nasdaq dropped 70 percent in the ".com" crash.
Posted on 11/26/21 at 5:25 pm
Posted on 11/26/21 at 5:25 pm
Nasdaq would have to drop another 11,000+ to match that meltdown.
History is fun.
History is fun.
This post was edited on 11/26/21 at 5:29 pm
3
Posted on 11/26/21 at 5:43 pm to blue horseshoes
Your timing of these facts isn’t the best
Posted on 11/26/21 at 5:47 pm to CamdenTiger
Just some perspective for people who think the market crashed today.
Posted on 11/26/21 at 5:57 pm to blue horseshoes
Nice perspective.
Got a feeling the next 30 days people will be selling their dogs for losses to offset the gains for taxes.
Got a feeling the next 30 days people will be selling their dogs for losses to offset the gains for taxes.
Posted on 11/26/21 at 6:00 pm to blue horseshoes
Monday should be interesting.
Posted on 11/26/21 at 6:05 pm to leeman101
quote:
Got a feeling the next 30 days people will be selling their dogs for losses to offset the gains for taxes.
Or wait until 2022 to defer taxes for another year.
This post was edited on 11/26/21 at 6:13 pm
Posted on 11/26/21 at 6:07 pm to PlanoPrivateer
quote:
Monday should be interesting.
Sometimes light trading days are volatile due to the lack of volume, just like after hour trading.
Monday will be interesting for sure.
This post was edited on 11/26/21 at 6:08 pm
Posted on 11/26/21 at 7:09 pm to blue horseshoes
Market knows the Dems want to shut everything down again. It’s going to be priced in soon, next week will be some more fireworks
Posted on 11/26/21 at 7:27 pm to Upperdecker
I hope it does crash; I'll be buying the fk outta this dip. I remember listening to experts in the very beginning of covid say that as novel virus's mutate, generally they become less severe. That seems to not be mentioned anymore now that the narrative is set but now that appears to be what south africa is indicating about omnicron. Maybe it's more contagious, who knows, who cares if its less severe than what we already have.
But dont tell your friends, let them drown in fear....and sell.....to me
LINK /
But dont tell your friends, let them drown in fear....and sell.....to me
LINK /
This post was edited on 11/26/21 at 7:30 pm
Posted on 11/26/21 at 7:59 pm to Pendulum
quote:
I remember listening to experts in the very beginning of covid say that as novel virus's mutate, generally they become less severe.
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/2364286/1276_microbescope3.0.png)
This graphic shows that viruses are either deadly or contagious, almost never are they both relative to other viruses. Basic sense would tell us deadly viruses are much more severe symptoms, which means those people infected are less likely to get out and spread the virus and people around them are much more likely to take precautions. Mild viruses are more likely to spread by inverse of that - people are out and about doing their normal lives with a runny nose or cough, and those symptoms spread viruses easily
Covid is one of the closest we’ve had to both, where it’s highly contagious but also does kill some people. But still the death rate is extremely low compared to deadly viruses
The media and the governments are unlikely to factor in that this variant will be less deadly than previous if it is more contagious since this would go against their narratives and agendas. And I believe the market response at this point is not related to the virus, but to the government response which will inevitably hamstring our supply chains further
This post was edited on 11/26/21 at 8:02 pm
Posted on 11/27/21 at 7:00 am to blue horseshoes
quote:
Got a feeling the next 30 days people will be selling their dogs for losses to offset the gains for taxes.
Or wait until 2022 to defer taxes for another year.
True
However it seems you can use up to $3000 in losses to offset $3000 in dividend gains. Plus I had a buy out (public to private) this year in Michaels Arts and Crafts stock.
Posted on 11/27/21 at 10:10 am to leeman101
quote:
However it seems you can use up to $3000 in losses to offset $3000 in dividend gains.
No
Capital gain can offset capital loss. Certain dividends get taxed at your capital gain rate but can’t be offset by capital losses.
Also you can use more than $3000 of losses if you have gains. You can end up with a total net of $3,000 in loss. Anything in excess of that gets carried over.
Posted on 11/27/21 at 10:12 am to blue horseshoes
quote:
Or wait until 2022 to defer taxes for another year.
Why would you defer losses?
Speed up deductions and defer income is the general idea.
Posted on 11/28/21 at 2:12 pm to Upperdecker
Well I see the futures opened up green.
Lots if time to flip but maybe, just maybe, money is smarter than the governments of the world, who woulda thought.
Lots if time to flip but maybe, just maybe, money is smarter than the governments of the world, who woulda thought.
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