Hobby Inflation

TexTushHog's Avatar
A timely reminder to harvest any losses you have in your taxable accounts to reduce taxes on future LT capital gains (and a bit of regular income).

https://www.morningstar.com/personal...x-loss-selling
pmdelites's Avatar
I'd do some wild things for a man with access to a Bloomberg Terminal Originally Posted by TalliaThomas
damn!! all i've got is basic morningstar, a samsung tablet, and my tongue & lil delites :^}
Roothead's Avatar
There’s a guy I’ve know for like 30 yrs, he founded a biz (Newton’s Telecom Dictionary), that literally became the de- facto dictionary/guide for for all aspects of technology and telecommunications and still exists to this day. Harry Newton, just like fedexp founder, Fred Smith, developed his business plan during his 2 yrs at HBS (Harvard Business School). Harry sold out in the early 2000s to one of those global biz journal (nee now social media channels) publishing giants and has since focused on his invest blog “In Search of the Perfect Investment”. Much as TXTush has opined, ahead of the trumpie admin, he recommended moving to an alternative investment mix - personally, in Oct 2024, outside of our stock comp awards and RE holdings, we moved $MMs out of the market and parked all of it in T-Bills, as IMHO, trying to time the market, in what has become a purposefully-cratered/faltering economic cycle, is impossible and dangerous to your wealth…