Money Investing megathread extravaganza - Page 181

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**ChiefGator** · 02-25-2019, 07:58 AM

Man, I'm expecting to get around $18k back in my tax refund this year. Crazy.

Was unexpected, and the first time this has happened, due to:

1) First year I paid myself via payroll from my IT company, so I prepaid taxes on that, and I didn't realize payroll being an expense would push my company down into the red significantly... since it is a partnership, that is a huge win on my K1.

2) First year I have had significant mortgage interest to deduct.

3) First year of a farm business with HUGE start-up costs, so a nice win on my schedule F1.

4) Still have my high paying day job, which is where I paid all the taxes from to start with.

Hog's Gone Fishin · 02-25-2019, 08:03 AM

GE surging

**Rain Man** · 02-25-2019, 08:10 AM

Quote:

Originally Posted by Hog's Gone Fishin

GE surging

If you bought at the right time, you could have almost doubled your money on GE this year.

Hog's Gone Fishin · 02-25-2019, 08:14 AM

Quote:

Originally Posted by Rain Man

If you bought at the right time, you could have almost doubled your money on GE this year.

I figured when GE started spinning of its sectors the price would jump. Thats whats happening now.

Hog's Gone Fishin · 02-25-2019, 09:50 AM

Damn!!!

Bought CIFS premarket at 1.68. Sold it after open at 1.80. A cool 7%

Now its at 2.81

**Buehler445** · 02-25-2019, 11:57 AM

Quote:

Originally Posted by Hog's Gone Fishin

Damn!!!

Bought CIFS premarket at 1.68. Sold it after open at 1.80. A cool 7%

Now its at 2.81

Just shut your eyes and move on brohan.

**Buehler445** · 02-25-2019, 02:15 PM

Quote:

Originally Posted by ChiefGator

Man, I'm expecting to get around $18k back in my tax refund this year. Crazy.

Was unexpected, and the first time this has happened, due to:

1) First year I paid myself via payroll from my IT company, so I prepaid taxes on that, and I didn't realize payroll being an expense would push my company down into the red significantly... since it is a partnership, that is a huge win on my K1.

2) First year I have had significant mortgage interest to deduct.

3) First year of a farm business with HUGE start-up costs, so a nice win on my schedule F1.

4) Still have my high paying day job, which is where I paid all the taxes from to start with.

Hey man. Don’t file yet. Let me get home and I’ll PM you.

Hammock Parties · 02-25-2019, 02:18 PM

IQ only down 1%

very good news

lewdog:

Hammock Parties · 03-05-2019, 07:15 PM

IQ: brief dip and then back up again today...me rikey

ChiliConCarnage · 03-05-2019, 07:44 PM

Quote:

Originally Posted by Hammock Parties

IQ: brief dip and then back up again today...me rikey

News for China has been good of late. Tax cuts. YY/Huya reported last night and were up 13 and 20%. Tencent was up 5 percent or so today. A lot of those are really beat up assets from the last year.

It seems fidelity and Schwab doubled their free trade ETFs up to 500 or so. Schwab has some ishares ETFs now. I was looking through the list the other night.

**lewdog** · 03-05-2019, 07:46 PM

Quote:

Originally Posted by Hammock Parties

IQ: brief dip and then back up again today...me rikey

By my calculations you are still down about 32%?

Hammock Parties · 03-05-2019, 07:59 PM

Quote:

Originally Posted by lewdog

By my calculations you are still down about 32%?

i don't remember and i don't care

if i get it back to within 15% of what it was i'm selling it all and finding a nice cozy ETF to love me tender

**lewdog** · 03-05-2019, 08:23 PM

Out of PFE for a 2.5% profit in 9 days last week.

Need another short term play.........

Hog's Gone Fishin · 03-05-2019, 10:13 PM

Quote:

Originally Posted by lewdog

Out of PFE for a 2.5% profit in 9 days last week.

Need another short term play.........

Good job, that's what I'm doing this year and been winning 75% of trades so far.

This guy puts up stuff weekly I've been using a play or two from playing momentum.

http://dennismccain.weebly.com/new-highs

Discuss Thrower · 03-06-2019, 02:34 PM

So I got an email stating that I'm eligible for a short term period of 9.9% interest on my Chase SWA Rewards card. And just now I was reminded that I activated a 15% 'bonus' rewards on rewards points earned via the Chase SWA Rapid Rewards card.

The fine print that I failed to notice initially on this bonus offer is that you need a minimum of 15,000 points posted to your account solely from the credit card during the bonus period. Could be reckoning incorrectly here, but the cheapest way you could do that would be by spending $7,500 on Southwest Airlines bookings or bookings through their affiliates.

The low rate enticement + this bonus with a high hurdle to meet makes me think $JPM has a cash flow issue on their 6-12 month horizon..

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $2056899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 51,749

02-25-2019, 07:58 AM	#2701
ChiefGator Can these boys not play? Join Date: Apr 2001 Location: Northcentral Florida Casino cash: $7762956	Man, I'm expecting to get around $18k back in my tax refund this year. Crazy. Was unexpected, and the first time this has happened, due to: 1) First year I paid myself via payroll from my IT company, so I prepaid taxes on that, and I didn't realize payroll being an expense would push my company down into the red significantly... since it is a partnership, that is a huge win on my K1. 2) First year I have had significant mortgage interest to deduct. 3) First year of a farm business with HUGE start-up costs, so a nice win on my schedule F1. 4) Still have my high paying day job, which is where I paid all the taxes from to start with. __________________ - Mark
Posts: 4,597

02-25-2019, 08:03 AM	#2702
Hog's Gone Fishin Fish are scared of me Join Date: Nov 2001 Casino cash: $1730477	GE surging
Posts: 40,336

02-25-2019, 09:50 AM	#2705
Hog's Gone Fishin Fish are scared of me Join Date: Nov 2001 Casino cash: $1730477	Damn!!! Bought CIFS premarket at 1.68. Sold it after open at 1.80. A cool 7% Now its at 2.81
Posts: 40,336

02-25-2019, 02:18 PM	#2708
Hammock Parties I'll be back. Join Date: Nov 2002 Casino cash: $4740478	IQ only down 1% very good news lewdog: __________________ Chiefs game films
Posts: 277,728

03-05-2019, 07:15 PM	#2709
Hammock Parties I'll be back. Join Date: Nov 2002 Casino cash: $4740478	IQ: brief dip and then back up again today...me rikey __________________ Chiefs game films
Posts: 277,728

03-05-2019, 08:23 PM	#2713
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $1931900	Out of PFE for a 2.5% profit in 9 days last week. Need another short term play.........
Posts: 45,566

03-06-2019, 02:34 PM	#2715
Discuss Thrower "You like to drink?" Join Date: Jun 2006 Location: "I like to drink." Casino cash: $3256869	So I got an email stating that I'm eligible for a short term period of 9.9% interest on my Chase SWA Rewards card. And just now I was reminded that I activated a 15% 'bonus' rewards on rewards points earned via the Chase SWA Rapid Rewards card. The fine print that I failed to notice initially on this bonus offer is that you need a minimum of 15,000 points posted to your account solely from the credit card during the bonus period. Could be reckoning incorrectly here, but the cheapest way you could do that would be by spending $7,500 on Southwest Airlines bookings or bookings through their affiliates. The low rate enticement + this bonus with a high hurdle to meet makes me think $JPM has a cash flow issue on their 6-12 month horizon.. __________________ Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
Posts: 42,693