- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Posted on 12/30/20 at 10:08 am to Brobocop
don’t worry about PINS individually.
overall though, I’m considering selling a % of my positions today.
maybe 1/4 or a 1/3 on the large gainers.
these profits we have crowed about all year are only guaranteed when taken. I’m going to ruminate on it a little this morning.
this is the last full day in the market for the year
overall though, I’m considering selling a % of my positions today.
maybe 1/4 or a 1/3 on the large gainers.
these profits we have crowed about all year are only guaranteed when taken. I’m going to ruminate on it a little this morning.
this is the last full day in the market for the year
Posted on 12/30/20 at 10:14 am to cgrand
Sure is a lot of potential political upheaval in the next few weeks. Don't know what surprises are in store, if any. I hate the way taxes and politics can have such influence over a portfolio.
Posted on 12/30/20 at 10:14 am to cgrand
You just gonna bank your profits or put them into something else?
Posted on 12/30/20 at 10:27 am to cgrand
This may be a dumb question, but wouldn’t you want to wait until next week to sell so you can delay your taxes another year?
Posted on 12/30/20 at 10:48 am to deaconjones35
it’s not a dumb question at all that’s why I have to think about it some.
I’m do a dry run on my taxes first
if I do I’ll bank the cash
I’m do a dry run on my taxes first
if I do I’ll bank the cash
Posted on 12/30/20 at 10:52 am to Retrograde
Not buying yet, but keeping an eye on Romeo Power (RMO). It’s another battery/automotive electrification play and SPAC merger that started trading today. Seems to have some good connections to major OEM players like BorgWarner (also a partner and investor). Looks a little frothy now, but we’ll see how it holds up over the next little bit... especially after the options begin trading.
Is anyone else following this one?
Is anyone else following this one?
Posted on 12/30/20 at 10:52 am to cgrand
also today looks like a green day for me so I’d rather do it now.
that pretty substantial loss I took on Monday is still bothering me.
maybe I’ll talk myself out it
that pretty substantial loss I took on Monday is still bothering me.
maybe I’ll talk myself out it
Posted on 12/30/20 at 10:55 am to deaconjones35
quote:
This may be a dumb question, but wouldn’t you want to wait until next week to sell so you can delay your taxes another year?
In a perfect world, you'd want to sell for profit in a year you anticipate making less and sell for loss in a year you think you will be making more.
Also, we know the tax rate now (which is more likely to rise than fall in the short term). We don't know what tax hikes are in store for the future.
Posted on 12/30/20 at 11:02 am to cgrand
cgrand-you still building? or just day trading now?
Posted on 12/30/20 at 11:04 am to cgrand
I'm in the same boat. I will have to sell some to cover 2020 taxes, so I'm debating trimming now and holding that cash for my tax bill or letting it ride into 2021 in hope for additional growth.
Posted on 12/30/20 at 11:07 am to NorthEnd
still building this is just a very small time side hustle.
I’m not trading though I’ve been accumulating
not too much selling today. That won’t be the case on Monday I’m afraid.
I’m not trading though I’ve been accumulating
not too much selling today. That won’t be the case on Monday I’m afraid.
Posted on 12/30/20 at 11:10 am to TheChosenOne
yes exactly
I need to decide how to manage the tax implications of this years gains which is far better than scrambling to try to preserve them later.
this years gains are rare. It ain’t gonna happen again next year.
I need to decide how to manage the tax implications of this years gains which is far better than scrambling to try to preserve them later.
this years gains are rare. It ain’t gonna happen again next year.
Posted on 12/30/20 at 11:14 am to cgrand
here’s a guy I pay to give me advice
quote:
Today is one of the more important cash raising days of the year imo
quote:
This could easily be me being overly cautious - but the only time to unravel significant long exposure - the type we’ve Had on constantly since March - is when Bull vibes remain . If $vxx goes over $17.7 close the market will become much less hospitable to profit taking
Posted on 12/30/20 at 11:49 am to cgrand
Trying to wish Etsy 210 into existence.
This post was edited on 12/30/20 at 11:50 am
Posted on 12/30/20 at 11:53 am to Eric Nies Grind Time
me too
ETSY is one of the few I don’t feel like taking a cut on.
their earnings report is going to be something to see
ETSY is one of the few I don’t feel like taking a cut on.
their earnings report is going to be something to see
Posted on 12/30/20 at 11:56 am to cgrand
Yeah, I just don't see how the Q4 earnings aren't absolutely insane. ETSY has been a great side hustle for a lot of struggling people.
Posted on 12/30/20 at 12:01 pm to Eric Nies Grind Time
agreed
I’m thinking a 25% haircut on FSLY, TDOC, NVTA & PINS.
these are my largest positions, if I do it I’ll sell last in first out, which should lower my cost basis my taking a relatively safe profit on an up day.
a couple more hours to decide
I’m thinking a 25% haircut on FSLY, TDOC, NVTA & PINS.
these are my largest positions, if I do it I’ll sell last in first out, which should lower my cost basis my taking a relatively safe profit on an up day.
a couple more hours to decide
Posted on 12/30/20 at 12:29 pm to Eric Nies Grind Time
ETSY is a monster that's awakening.
Back to top


2






