POSITIONS FOR $800->$100k

[u/brokenb3ar]

Since yall can’t stop crying about my positions. I’ll post it now here lol.

[u/MassCasualty]

This is where you wish this was a ROTH IRA.

[u/Comfortable-Volume12 → u/MassCasualty]

Underrated comment. Isn't this more like 800 to 60k after taxes?

[u/FalseProphet86 → u/Comfortable-Volume12]

If it's realized, I believe.

[u/Time-Master → u/FalseProphet86]

Never realize real eyes bein realized

[u/gottsc04 → u/Comfortable-Volume12]

I haven't tried option trading yet. Are taxes worse with options? Or are you just exaggerating cap gains tax?

[u/Comfortable-Volume12 → u/gottsc04]

Always overestimate taxes so I can pay myself a bonus after taxes are done.

[u/dabbydaberson → u/Comfortable-Volume12]

Yeah and if you make enough, make sure you pay them quarterly or they fine you.

[u/ShoppingHuman6096 → u/gottsc04]

Short term cap gains doesn’t matter if options or shares if held for less than a year

[u/burtmacklin15 → u/ShoppingHuman6096]

Gains on options or shares held less than a year are short term capital gains.

You belong here.

[u/ShoppingHuman6096 → u/burtmacklin15]

?? That’s what I said?

[u/burtmacklin15 → u/ShoppingHuman6096]

You said it didn't matter - when it does matter, as I explained in my comment.

[u/ShoppingHuman6096 → u/burtmacklin15]

He said are taxes worse on options I said it doesn’t matter what it is only time held

[u/NotARedditUser3 → u/gottsc04]

Options and other short term trades <1yr i believe are treated as short term capital gains, which are taxed the same as your regular employment income. So, they're not 'worse' with options than with day trading or other non long term investments.

[u/yes_ur_wrong → u/Comfortable-Volume12]

Overrated comment, the hookers hit different at 60 and by then the 30k in taxes you saved will only net you a few bonus hookers.

[u/NotARedditUser3 → u/yes_ur_wrong]

I live in mexico, that would be ~1000 or so of them