[AngelOfMurci]

Do you guys pay taxes from the gains on the interest?

I wish I was excited but I'm not really, right now I have 4.75% till March 1st, when I get my statement at the beginning of the month I find it cool until I remember a second later over half goes to taxes. After March it drops to less than 1% so I have to switch account and the interests at the other place is 3%.(minus half which is 1.5%)

The GIC's are around 5.85% for 18 months but it's like money going to jail behind bars.

Form 1099 DIV
All dividends are taxed, unless your annual income falls below certain levels.
The US government implemented dividend tax codes, to help retirees keep their money in the stock market and build a nest egg. They did this by eliminating taxes on dividend returns if your income is below certain levels. The Obama admin tried to eliminate this structure. Not too sure what the state of it is.
There is also another instrument… DRIP. Dividend Reinvestment Plan. That’s where your dividend automatically gets used to purchase more shares. That process also reduces taxes.

 

[AngelOfMurci]

I have a freezer full of elk….. mmmmmmm good eats! With you on deer…. and ducks. Spent many years duck and goose hunting. Family loves ducks as much as I love hunting them, but I’m just not a fan of the taste. Pintails, well, those are just plain awesome 😎 but the others go in chili to hide the flavor. Or jalapeño sausage. Teal- everyone raves but I have yet to ever have a teal without gamey flavor. Mallards- hit and miss. Heck, I’ve had spoonies with zero gaminess and Drake mallards that are inedible (to me; family devours them). Goose- the only way I cook them anymore is corned. Ie, corned goose like corned beef. Very good, tender and hides the flavor. Pintail with blueberry or blackberry reduction is, I must repeat, amazing.

headed to Argentina next month to hunt my all time favorite winged game: DOVE! Mmmmmmmmm.

Apex predator!

 

[AngelOfMurci]

A friend’s portfolio LMAO

 

[Gh0st0]

ouch, ford? What craziness is your friend into?

 

[Luzifer]

I thought car manufacturers were making hefty profits by limiting supplies and raising their car prices?

 

[Rcasa20]

ouch, ford? What craziness is your friend into?

Read the symbols going down starting with Ford.

 

[AngelOfMurci]

ouch, ford? What craziness is your friend into?

I’d buy Ford if it gets into the low $11s

 

[Rampante21]

Tesla slashes prices for Model S and Model X in US

In its second cost-cutting measure of 2023, Tesla slashed Model S and Model X prices in the U.S. by $5,000 and $10,000, respectively.

techcrunch.com

 

[AngelOfMurci]

Tesla slashes prices for Model S and Model X in US

In its second cost-cutting measure of 2023, Tesla slashed Model S and Model X prices in the U.S. by $5,000 and $10,000, respectively.

techcrunch.com

Price cuts simply follow the big government rebates.

 

[Murciful]

So... the economic decline in GDP during the first half of 2022 is not officially labeled a recession. Markets went a bit haywire, and GDP increased marginally for the second half. Expectations for 2023 corporate earnings have been lowered by 4%, but they generally fall more than 20% in recessions.

My questions:

1) What do you feel is the likelyhood of a US recession in 2023? Please provide a % number.
2) Do you feel the 25% decline of the S&P during 2022, bottoming in October, was the worst we will see, or do you anticipate the market putting in new lows this year?
3) If you feel the market will break through the October lows, what is your current best estimate as to when the new bottom will be achieved, and at what level for the S&P500?

 

[BLVE]

So... the economic decline in GDP during the first half of 2022 is not officially labeled a recession. Markets went a bit haywire, and GDP increased marginally for the second half. Expectations for 2023 corporate earnings have been lowered by 4%, but they generally fall more than 20% in recessions.

My questions:

1) What do you feel is the likelyhood of a US recession in 2023? Please provide a % number.
2) Do you feel the 25% decline of the S&P during 2022, bottoming in October, was the worst we will see, or do you anticipate the market putting in new lows this year?
3) If you feel the market will break through the October lows, what is your current best estimate as to when the new bottom will be achieved, and at what level for the S&P500?

Are you asking based on the new definition of "recession" or the one from a year ago?

 

[Murciful]

Good question. Let's base it on either. If the economy shrinks again over six months in 2023, it qualifies, regardless of what additional criteria are met or otherwise.

 

[Rampante21]

Price cuts simply follow the big government rebates.

Hoping for the brands over here in Sweden to do the same... Our government just overnight took away a 70.000SEK (7000USD) discount for electric cars... making all those the same amount more expensive just like that... The BMW i4 is no longer that interesting all of a sudden...

 

[Rampante21]

Sounds pretty bad.

Silicon Valley Bank is being shut down today by regulators

Silicon Valley Bank has been closed by regulators, which are now in charge of the bank’s deposits as the mess continues to unfold.

techcrunch.com

can some of you us guys put some words on it?

 

[AngelOfMurci]

Sounds pretty bad.

Silicon Valley Bank is being shut down today by regulators

Silicon Valley Bank has been closed by regulators, which are now in charge of the bank’s deposits as the mess continues to unfold.

techcrunch.com

can some of you us guys put some words on it?

My conspiracy is like this…
Free covid money was given out to politicians in the tens of billions…
Local state governments like California said they may never find the bandits, as the money was moved overseas…those same politicians had offshore entities convert/wash the funds into bitcoin… enter FTC Sammy the fried man walking… funneled a large amount into his own coffers… peons tried to access their funds… bam! We have a problem Houston! Politicians cant demand or imprison Sammy, because he has all the beans… back door negotiations are taking place between Sammy and the corrupt politicians as to how everyone gets a piece of the pie, with no one going to jail… except for a few innocent escape goats.

that’s my story and I’m sticking to it 😎

 

[BLVE]

My payroll is run through SVB and we have been on the phone all day trying to figure out if employees are getting paid today or never. Needless to say, death threats come quickly on Friday's when they don't have beer money.

FDIC picks up for most depositor's but it will still be a mess.

 

[BLVE]

My conspiracy is like this…
Free covid money was given out to politicians in the tens of billions…
Local state governments like California said they may never find the bandits, as the money was moved overseas…those same politicians had offshore entities convert/wash the funds into bitcoin… enter BTC Sammy the fried man walking… funneled a large amount into his own coffers… peons tried to access their funds… bam! We have a problem Houston! Politicians cant demand or imprison Sammy, because he has all the beans… back door negotiations are taking place between Sammy and the corrupt politicians as to how everyone gets a piece of the pie, with no one going to jail… except for a few innocent escape goats.

that’s my story and I’m sticking to it 😎

I feel this story would be best told in a color-by-number coloring book.

 

[AngelOfMurci]

I feel this story would be best told in a color-by-number coloring book.

Numbers and colors are racist… haven’t you heard?

 

[surfah]

Sounds pretty bad.

Silicon Valley Bank is being shut down today by regulators

Silicon Valley Bank has been closed by regulators, which are now in charge of the bank’s deposits as the mess continues to unfold.

techcrunch.com

can some of you us guys put some words on it?

Getting flashbacks of Washington Mutual. Bank sector taking a beating this week.

 

[surfah]

My payroll is run through SVB and we have been on the phone all day trying to figure out if employees are getting paid today or never. Needless to say, death threats come quickly on Friday's when they don't have beer money.

FDIC picks up for most depositor's but it will still be a mess.

Does the FDIC $250000 Insurance limit affect your business?