LogFAQs > #936200912

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, Database 6 ( 01.01.2020-07.18.2020 ), DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Stock Topic
Nelson_Mandela 03/25/20 11:09:05 AM #369:	neonreaper posted... My bankroll is my cancelled vacation fund and my lawn tractor fund. Most of my investments lost a ton of $$ and I've tried to increase my weekly investment amount by a factor of 3 during this time, but, it's still a big dent. With the stimulus package in place I think my next concern is what companies will weather Q2 the best. In terms of investments I'm mostly into XOM and WFC. So my investments took a massive hit, because as you can imagine I've been in for a long time. But cash flow has been given a nice bump and I can take bigger risks with it. But it's nowhere near the loss of investments for me. Gotta take the Renaissance route and just cash out at intelligent intervals, take the tax hits, then reinvest the principal in other sectors. I have so many friends whose entire earnings were wiped out in this past month because they didn't want to pay 15% capital gains taxes on them. It's crazy. --- "A more mature answer than I expected."~ Jakyl25 "Sephy's point is right."~ Inviso <cite>Nelson_Mandela posted [p:936200912] in Stock Topi... [t:78451720]...</cite> <quote>neonreaper posted... </cite> <quote>My bankroll is my cancelled vacation fund and my lawn tractor fund. Most of my investments lost a ton of $$ and I've tried to increase my weekly investment amount by a factor of 3 during this time, but, it's still a big dent. With the stimulus package in place I think my next concern is what companies will weather Q2 the best. In terms of investments I'm mostly into XOM and WFC. So my investments took a massive hit, because as you can imagine I've been in for a long time. But cash flow has been given a nice bump and I can take bigger risks with it. But it's nowhere near the loss of investments for me.</quote>Gotta take the Renaissance route and just cash out at intelligent intervals, take the tax hits, then reinvest the principal in other sectors. I have so many friends whose entire earnings were wiped out in this past month because they didn't want to pay 15% capital gains taxes on them. It's crazy. --- "A more mature answer than I expected."~ Jakyl25 "Sephy's point is right."~ Inviso</quote> ... Copied to Clipboard!
Topic List	Page List: 1