Posts
CPA told me I don't owe taxes on option gains
Made a meager $2000 last year on options, didn't exercise any of them. Used an older lady(80yo) that my mom knows. I don't have dividends FYI. She said I only owe taxes on dividends and pointed to the box below where my option profits and said it wasn't reported to …
EU Expects Most US Tariffs to Stay as Talks Make Little Progress
[https://www.forexlive.com/news/eu-expects-tariffs-to-remain-as-talks-make-little-progress-20250415/](https://www.forexlive.com/news/eu-expects-tariffs-to-remain-as-talks-make-little-progress-20250415/) # EU Expects Most US Tariffs to Stay as Talks Make Little Progress * After a two-hour meeting, EU trade chief Maros Sefcovic left unclear on US goals. * The US officials indicated that the 20% “reciprocal” tariffs — which have been reduced to 10% for 90 days — …
what are the other options that provide the same level of safety as SGOV and no dollar devaluation?
So a lot of talk about long term bond yield going up which means the trust in long term bonds are dropping. At the same time the dollar is depreciating. Assuming this trend continues its only a matter of time before interests are not paid and even T-bills are going …
Perks That Actually Feel Worth It-Tell Me Yours
In a market this volatile, shareholder perks are one of the few things that still feel like a win. I’m always on the lookout for good ones—actual value, not just gimmicks. What’s the best perk you’ve ever gotten as a shareholder? Something you’d actually use again? VIP access to a …
Investing in the UK but living in the US
I have a lump some in the UK sitting in a current account and would like to invest it. I live in the US and I'm not moving back. What's the best approach - try to invest in the UK? What are the tax implications? How do I do this? …
How Do Covered Call ETF's like JEPI Pay Out? Is There Any Special Tax Implications?
Do these ETF's pay out the cash as simple dividend payments? If you buy them in a non-tax sheltered account, do you have to file any special tax forms at the end of the year. I once bought a commodities ETF and I had to fill out all these strange …
Back door Roth IRA advice
Hi everyone, my wife and I are above the income threshold for a Roth IRA and I have heard of the backdoor Roth IRA method. I can google the steps to do this, but have been unable to find an answer on what my actual limit is to do this. …
Recommendations for real estate and/or commodity investments?
I would love to invest in something that gives good returns and every person with a shit load of money has one thing in common: real estate. They invest in buildings and get their passive income via tenant payments. I'm also interested in seeing what commodities give good returns (eg: …
Reuters: Bessent says White House will start interviewing candidates for next Fed chair this fall
"U.S. Treasury Secretary Scott Bessent announced that the White House will begin interviewing candidates this fall to potentially succeed Federal Reserve Chair Jerome Powell, whose term ends in May 2026. Speaking during a visit to Argentina, Bessent noted that the Trump administration would use the approximately six months leading up …
Diageo (DGE) looking like it's on the up
Looking at Diageo's financials, there is a bright future for the company. Their ROE was 35% in 2024, a decrease in 38.6% in 2023. However, the average for the US spirits industry is 10-15% and the ROE of their closest competitor (in market share) in their main market (Global Spirits) …