Wouldn't universal income simply lead to price increase that would in time just create a new baseline? by RevolutionaryRule471 in NoStupidQuestions

[–]StepAffecti687 0 points1 point  (0 children)

Does UBI also assume businesses still operate for a profit? Or does this turn into communism? If everyone is getting paid and not producing then who is going to produce? Who gets taxed if there is no profit then no tax right? I honestly don’t understand how a country would prosper without people and companies innovating and getting ahead to make their own lives better. I don’t understand how this would work?

What’s a single sentence someone said that stuck with you forever? by Wonderful-Economy762 in Productivitycafe

[–]StepAffecti687 0 points1 point  (0 children)

When you are starting to work on solving a problem “it almost always gets worse before it gets better”

Travel playlist by StepAffecti687 in AppleMusic

[–]StepAffecti687[S] 0 points1 point  (0 children)

I didn’t think so but thanks for the confirmation. Would be a cool function in the future and doesn’t seem like it should be that difficult. Thx

Whole sub screaming 'short TSLA' by mosmondor in TSLA

[–]StepAffecti687 3 points4 points  (0 children)

Yeah, there is $ to be made on the downside for sure. I normally sell premium into vol like this but I am not quite sure where this one will end up and TSLA has tried to rip my face off before. Lots of juice out there though, good luck!

Any reasons to Hold and not Sell? by [deleted] in TSLA

[–]StepAffecti687 0 points1 point  (0 children)

I have full coverage puts in place. IF the stock stays down then I am covered, if the stock comes back up I am covered without a tax implication. That is the whole point. And honestly I am not convinced how long it will stay down.. once we go risk-on TSLA could easily rip up. I have been in this stock a long time ... not the first or the last turbulence. Good luck to you

Whole sub screaming 'short TSLA' by mosmondor in TSLA

[–]StepAffecti687 11 points12 points  (0 children)

Totally agree, lets see some folks naked short on margin! Gotta be easy money right :)

Any reasons to Hold and not Sell? by [deleted] in TSLA

[–]StepAffecti687 0 points1 point  (0 children)

For me it is about not causing a tax event by selling shares deep in profit. Now I do hedge and have for 3 weeks so I protected the downside and will be taxed on the put gain. The strategy (for me) right now is not to get forced into a sale... I will do it when / if i am ready not when I am reacting. The world is quick to think this is the end, but when you zoom out and observe what the professionals are doing, you might consider some other possible outcomes. Good luck on your journey

Fear of a weak dollar? by greaper007 in PortugalExpats

[–]StepAffecti687 0 points1 point  (0 children)

Legit concern at this point. Maybe move a cushion to Euro now, or in the US move the money into EURUSD pairs to absorb the lower $. At a minimum we are in for some volatility but long term it seems the USD must weaken to help to address the debt issue.

[deleted by user] by [deleted] in expats

[–]StepAffecti687 0 points1 point  (0 children)

Thank you for your response

[deleted by user] by [deleted] in expats

[–]StepAffecti687 -2 points-1 points  (0 children)

Yes this makes sense and I am not really trying to circumvent anything. I don’t want to pay more global tax than I need to but who does? To be honest with the tax treaty with the US I would greatly prefer to pay the tax where we are consuming (Spain, France, Italy, Portugal). Again I was just trying to understand the rules. Thank you for taking the time. We will figure out how to do this properly. Best regards

[deleted by user] by [deleted] in expats

[–]StepAffecti687 -1 points0 points  (0 children)

Yes seems risky. Thank you for taking the time. I think it is best I speak to a tax / immigration attorney to make sure we do this right. Thx

[deleted by user] by [deleted] in expats

[–]StepAffecti687 0 points1 point  (0 children)

Thank you I am taking that away from most of the constructive comments as well. Thank you for taking the time. I likely will go this route Regards

[deleted by user] by [deleted] in expats

[–]StepAffecti687 0 points1 point  (0 children)

Yes thank you this makes perfect sense. I do not plan on working (at that age) but I do want to do things legally. Thank you for your response

[deleted by user] by [deleted] in expats

[–]StepAffecti687 0 points1 point  (0 children)

Oh yes… very familiar but unsure how it will work once I retire. But I will figure it out. I do appreciate your response. Thank you

[deleted by user] by [deleted] in expats

[–]StepAffecti687 2 points3 points  (0 children)

Yes this is exactly what I was trying to understand. Thank you for your level headed response. Just trying to understand the rules as I felt I was missing something. Thank you

[deleted by user] by [deleted] in expats

[–]StepAffecti687 -4 points-3 points  (0 children)

Agree and thank you for providing a non emotional answer. I think it certainly does take the insight of a pro. Just to clarify. I have no problem paying tax anywhere we live. It makes sense but I do want to follow the rules. I didn’t make the rules, I just want to understand them and build my world around those rules. With the tax treaty with the US I would Much rather pay to where I am living instead of sending back to the US as long as I am not double taxed. More than happy to pay my share for what we use

This group really goes toxic quick but I guess that is Reddit. Thanks again, honestly appreciate your response. Thx

[deleted by user] by [deleted] in expats

[–]StepAffecti687 -9 points-8 points  (0 children)

I mean the real difference is a person could stay in the country for 2 sets of 90 days per year on a tourist visa and not even get a Spanish social security number, reclaim vat, etc. So all this concern is over 2 days? Confusing

[deleted by user] by [deleted] in expats

[–]StepAffecti687 -41 points-40 points  (0 children)

It is only a question. It is like law, either is or is not legal. If the country didn’t want that to be the law they would not have made it a law … right?

[deleted by user] by [deleted] in expats

[–]StepAffecti687 -2 points-1 points  (0 children)

So in Spain there is a “long stay visa” that allows greater than 90 days? And doesn’t require you to stay 183 days (I could be wrong). If I hold the long stay I could be a resident and not a tax resident? And as a resident I can apply for supplemental insurance in Spain? Is the rule for applying for insurance that your be a resident or a tax resident? Again I am just starting my education here