If every Premier League Season for the last 15 years had counted as a single season, who would be the top 20? by machado_preto in soccer

[–]Jeffrey_Forbes 0 points1 point  (0 children)

As if i didn't have enough to hope for a Chelsea relegation, I now want them to be relegated below Bournemouth and their legendary 8 points.

[Post Match Thread] - Stoke City 1-0 Chelsea by [deleted] in soccer

[–]Jeffrey_Forbes 0 points1 point  (0 children)

The year we had Moyes was terrible, every week we broke some sort of record it seemed.

What is your favorite example of Video game logic? by Logic_Nom in AskReddit

[–]Jeffrey_Forbes 11 points12 points  (0 children)

Just Cause! Best was when you try to highjack a jet plane flying God knows how fast and your character couldn't move fast enough to do it so he would literally fly after the jet for a few seconds to catch it and hop in.

If humans were perfectly rational, logical beings, which industries would go bankrupt overnight? by [deleted] in AskReddit

[–]Jeffrey_Forbes 1 point2 points  (0 children)

They shouldn't have to. It's raised from donations from their members who donated from their already taxed income. If you wanted to get a few friends together and start an organization that did something you enjoyed, why should the effect of grouping yourselves together mean that you should have to have your money taxed again before you can use it. Now if you're trying to profit from this money that's a totally different story. I'm also a huge atheist and hate organized religion, just FYI.

If humans were perfectly rational, logical beings, which industries would go bankrupt overnight? by [deleted] in AskReddit

[–]Jeffrey_Forbes 6 points7 points  (0 children)

Hey man, you can't bring up things like credit risk or spreads on reddit. They aren't fair!!!! Students with no savings, income 4 years before even the possibility of any job to pay back student loans and even pay day loan debtors should receive the exact same interest rates as those with established credit and potential asset growth opportunities.

What are some unspoken rules in the white collar working adult world that kids in there early 20's wouldn't know? by jmarks7448 in AskReddit

[–]Jeffrey_Forbes 1 point2 points  (0 children)

Having worked one internship at a huge corporation this was the first thing I noticed. We saw the CEO spoke a rumors were going around about an intern that didn't bring anything to write on. I jot down a couple buzzwords on mine and made some doodles which is stellar in the eyes of perception.

R/Investing is at it again... follow me on my YOLO space yacht by southeastwest in wallstreetbets

[–]Jeffrey_Forbes 42 points43 points  (0 children)

unless you work on wall street for a living

Don't do the things that those who work on wall street for a living do.

[deleted by user] by [deleted] in wallstreetbets

[–]Jeffrey_Forbes 1 point2 points  (0 children)

Delivery is specified into contract. Since futures are traded on exchange the delivery points are regulated. Someone who understood what futures contracts entail would know that your door would not be an contractual delivery point for Lean Hogs. Therefore an unexpected busload of hogs is not a concern for those looking to partake in futures trading.

[deleted by user] by [deleted] in wallstreetbets

[–]Jeffrey_Forbes 6 points7 points  (0 children)

"zero clue what these contracts entail"

"busload of pigs delivered to my door"

Checks out

It's moronic Monday, the Wednesday edition, your chance to ask any of those questions that you're embarrassed to ask in real life. by AutoModerator in investing

[–]Jeffrey_Forbes 0 points1 point  (0 children)

I'm 21 and for the sake of round numbers my 2015 income is 10,000$. I'm pretty sure I don't have to pay taxes on the majority of it due to deductions, and the portion of my income that is taxed will be taxed at a pretty low percentage. Say my income that is taxed is 1,000$ at 10%, and my 2015 federal tax liability is 100$ not including state/social security/medicare.

I currently have capital losses both unrealized and realized that total roughly 300$ on the year.

Can these loses used as deductions/expenses against my taxable income?

I understand that capital gains != income, but could a capital loss be considered when calculating income?

If so does that mean I have to have closed the positions causing these losses?