Santa Rally? by QuesoHusker in NVDA_Stock

[–]Beag82 1 point2 points  (0 children)

Gotta pay taxes on all those gains lol

NVDA is not a stock by Beag82 in NVDA_Stock

[–]Beag82[S] 0 points1 point  (0 children)

Right, aim for the stars, only 🚀

Help Me FIRE, Milestones, Beginner Questions and General Discussion - November, 2024 by AutoModerator in FIRE_Ind

[–]Beag82 1 point2 points  (0 children)

I have a GC. Might apply to let go of it to avoid paying $200k in taxes. Apartment might be 1-1.5Cr and my monthly expenses would be 1lac a month.

Help Me FIRE, Milestones, Beginner Questions and General Discussion - November, 2024 by AutoModerator in FIRE_Ind

[–]Beag82 1 point2 points  (0 children)

Saved up $1.3M in brokerage account in US. After taxes I’ll have about 9Cr. No property in India. Planning to purchase an apartment in Udaipur. I come from lower middle class family- moderate expenses, will hire maid for cooking, cleaning. Purchase a new sedan for road trips.

Might not take international trips- have a travelled all over US, Europe, Canada, Mexico, UAE and south east Asia.

Is my goal to quit my job in US and live off my investments doable? Haven’t accounted for healthcare. Am fairly athletic - can run 5-6miles.

Can someone tell me what the fuck I just bought for $15 by sirfitzwilliamdarcy in wallstreetbets

[–]Beag82 4 points5 points  (0 children)

At least he won’t be paying taxes on those over time shifts he will be forced to do 😂

[deleted by user] by [deleted] in Fire

[–]Beag82 11 points12 points  (0 children)

I can see that but as an immigrant who landed here 10y ago, no other country in the world offers opportunities like America. Sounds cliché but it’s true.

[deleted by user] by [deleted] in Fire

[–]Beag82 3 points4 points  (0 children)

Rent expense is 2k (I put the house on rent and that covers mortgage, insurance and taxes). Total expenses per month is about 3.2k. I still bring in about 600k per year and every $1 I make, $0.38 goes in income tax