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re: Random Money/Business/Finance Thoughts Thread

Posted on 8/3/11 at 10:26 pm to
Posted by lynxcat
Member since Jan 2008
24979 posts
Posted on 8/3/11 at 10:26 pm to
I rock the suit pants and a nice shirt. Occasionally a blazer or suit jacket depending on the event, but never a tie.

Some people stress the casual part of business casual.
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8176 posts
Posted on 8/3/11 at 10:38 pm to
Suit up everyday but after I hit the gym I come back in gym shorts and a t-shirt.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 8/3/11 at 10:42 pm to
Whenever people meet with clients they wear suit/tie, otherwise its just standard b-casual.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 8/7/11 at 1:09 pm to
Saw this recommended in the most recent HBR. Anyone read it?

LINK
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 8/8/11 at 8:19 pm to
I believe it was Zach who said "x will break, anticipate it." Two weeks ago it was the car battery, today the tire I got patched has a hole in it. I could get it re-patched, but I have a feeling its probably fricked since its the second time its had a hole in it in two months. FML.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 8/9/11 at 10:18 am to
$765, thank you, random piece of shrapnel in houston. My cash flow statement would make Enron blush.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 8/9/11 at 11:03 am to
Posting to get off the number 666.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 8/9/11 at 4:16 pm to
Update on guy who wears weird clothes: today he is wearing a pinkish/purple polo and plaid pants. Winning all day.
Posted by Tiger4
Member since Jan 2009
8761 posts
Posted on 8/9/11 at 5:25 pm to
Tax question.

Is it better for someone in a tax bracket of no taxable income to take short-term capital gains, instead of holding any stock over a year and paying long-term capital gains taxes?

If I am right long-term capital gains are taxed at 15%, and short-term capital gains are taxed at your income tax bracket. Wouldn't anyone below a 15% be better off just taking the short-term gains and paying less in taxes. Or is there an exception to this particular situation in the tax code?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 8/9/11 at 5:29 pm to
Got into KLIC for a little under 8 bucks this afternoon.

Even though I made the call on my own, that's a favorite of RSBR and he turned me onto it.

I'm hoping for a big gap up in the morning and I will exit my position for a nice 10+% gain.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
10694 posts
Posted on 8/9/11 at 5:53 pm to
quote:

Winning all day.


Is this another UT fratster??? Plaid pants at work? C'mon, man.
Posted by Tiger4
Member since Jan 2009
8761 posts
Posted on 8/9/11 at 5:54 pm to
(no message)
This post was edited on 8/10/11 at 1:19 am
Posted by sneakytiger
Member since Oct 2007
2496 posts
Posted on 8/9/11 at 7:28 pm to
quote:

$765, thank you, random piece of shrapnel in houston.


For one tire?
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 8/9/11 at 8:07 pm to
Well I would have bought one tire, but the guy was like, your other tires are 5ish years old, your steering is going to be all out of whack and you're going to end up having to buy 3 tires at some point, etc etc. So 4 tires plus the "optional" alignment fee.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 8/11/11 at 11:19 am to


Just found this app in Mint.com.

All I do is generate Alpha.

ETA: that does not represent the 65% cash outperformance of the S&P I have had.
This post was edited on 8/11/11 at 11:32 am
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 8/11/11 at 11:24 am to
I forgot my wallet at home, rushed back to work, and scraped the car next to me parking. Not bad damage, but that's another $1000 probably. Worst fn week ever.
Posted by lynxcat
Member since Jan 2008
24979 posts
Posted on 8/11/11 at 11:39 am to
Either take the hit now or claim in on insurance and have your rates bumped (unless your deductible isn't covered yet).

Tough luck, kfiz. Things will get better.

Btw, I can't believe someone would actually wear plaid pants to work. Pics or...you know the drill.

Nice gains, THF.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 8/11/11 at 11:52 am to
Things undoubtedly get better tomorrow because I'm flying into nola for red dress run. Mind you, not financially better, at least not right now, as I pretty much just wiped out my income from probably . I'll leave the hit/insurance decision up to whoever the poor bastard is that I just hit.
Posted by Interception
Member since Nov 2008
11089 posts
Posted on 8/11/11 at 12:38 pm to


fricking Awesome!!!
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 8/11/11 at 3:03 pm to
RSBR, I got back in to BFRE today.

They just piled up some venture money a while back and its now trading at half of what the fund bought in at.

Awful company, great price.
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