I'd give that a zero percent chance of happening. I'd actually go with negative percent chance if that was a thing.Fingers crossed for July rate hike.
If you use a electronic tax app like H&R Block this is recommended in the help text. You classify it as VAR-S or VAR-L based on whether it is short term gains (or losses) versus long-term (i.e. >1 year). It greatly simplifies data entry and has the same result in taxes owed as listing every transaction individually.Note: I'm not a CPA. But I am 90% confident that as long as they are in the same year, that you can just write "Various" under the lines like Date Acquired and Date Sold. Then lump these all into one line on Form 8949. Yes, you have to add up how much you spent and how much you sold it for, but your finances should be done in something like Excel that makes math like that simple.
For example, see here:
Agreed. We've already gone from the low of 3.4% unemployment to 4.0% (1 month). If it stays 4% or higher for 2+ more months technically we have hit the Sahm rule and rate cuts will be more likely.I'd give that a zero percent chance of happening. I'd actually go with negative percent chance if that was a thing.
1) The fed almost never acts in the heat of a presidential election.
2) The PCE is at 2.6% which is below average (3.24% from 1960 until 2024) but a bit above the fed's goals (2%). PCE has been falling for quite some time. That is no indication that their rates are too low. In fact, it is a good sign that their rates are doing what the fed wants.
Looks like they are pricing in big dilution or even bankruptcy. Looking at the figures on Yahoo, looks like 40m in cash and 240m in debt (6x debt to cash), a 3% profit margin, and a supposed book value over $8.Yikes Victoria Gold continues to drop. 85 cents lol.
No sense in selling though, just going to wait and see what happens. There's a chance this will not be the total end of the mine but it will set them back at least a year if more. They will most likely be fined, and then be required to do rehab work, and then repair everything so they can continue to operate. So all of that is going to cost 100's of millions.
Good. This greatly reduces your risks and potentially improves your long term outcomes since you don't have to worry about picking winners and losers.Been putting money into index funds for a bit now and slowly getting away from individual stocks.
Good. This greatly reduces your risks and potentially improves your long term outcomes since you don't have to worry about picking winners and losers.
There seems to be some legit hope for a September rate cut.
Inflation rate in the EU area is on a downward trend, albeit with some variations between the different countries.I still predict no unneccesary rate cuts.
They've already cut rates in June.Inflation rate in the EU area is on a downward trend, albeit with some variations between the different countries.
I don't disagree. In general, I think that rates shouldn't be lower at all. Historically, even the current rates aren't really high. People just got used to the 0% interest.Prematurely IMO.
Hopefully you didnt sell those calls, TSLA keeps setting new highs...despite falling sales.With the jump in Tesla the past two days I tried to sell a covered call at market prices. The app shows 53 bids but the order hasn't executed in the last 30 mins. Problem on my bank's side?
oh nevermind, I see the market closed at 1PM today.
I did, on Friday. It had gone up a bit more and now it's even higher. Though the price I placed is one I wouldn't mind getting out at.Hopefully you didnt sell those calls, TSLA keeps setting new highs...despite falling sales.
Rates don't have a natural level, it is just economy/politics, not science. They need to be where they benefit the society most, which has been decided to be high employment, stable economy and an inflation ~2%.I don't disagree. In general, I think that rates shouldn't be lower at all. Historically, even the current rates aren't really high. People just got used to the 0% interest.
Rates don't have a natural level but inflation of 2% is natural? Who decided that it's the natural number? Who decides how to calculate inflation and the so-called core inflation? Maybe we need a transitioning period of even lower inflation to offset the insane amount of inflation that we've already seen? Inflation, in the US, is also still at around 3.3% last I checked.Rates don't have a natural level, it is just economy/politics, not science. They need to be where they benefit the society most, which has been decided to be high employment, stable economy and an inflation ~2%.
There is a concept of a natural interest rate (also called a neutral interest rate, or r-star). It is the theoretical interest rate where the economy is at full employment, policy is stable (neither contractionary or expansionary), and inflation is low and stable. Basically, it is the rate needed for a good strong economy at its full potential without inflation problems.Rates don't have a natural level, it is just economy/politics, not science. They need to be where they benefit the society most, which has been decided to be high employment, stable economy and an inflation ~2%.