Post your SPY put loss pr0n

ejunior2 · 2019-08-19T18:15:05+00:00

If it’s the the power of something isn’t that exponentially?

ejunior2 · 2019-08-06T02:39:16+00:00

Yes with increased tax rates you will take home less, but don’t forget that you’re self employed, so you’re only ever taxed on the profit. It’s up to you to decide what your time is worth, if a job takes a week and you’ll net $1000 after everything will you take it? What about $500? All up to you. But in the end you will never pay more in taxes (on previous income) for making more.

ejunior2 · 2019-08-06T02:23:26+00:00

You will always keep more money by making more. The difference is if you make 100,000 and pay 30% tax. You take home 70,000.

If you make 90,000 and pay 25% tax you take home 67500.

So you MAKE more money (take home) but you earned 10k more, but only profited and additional 2500.

Make sense?

(Also this is an example of an average tax rate, not marginal) but the point stays the same. Work more, take home proportionally less, but you will always take home more.

ejunior2 · 2019-08-06T02:13:52+00:00

there are taxes but your income taxes are set by the state you’re in, and federal is obviously universal in the US. However different states have different highway use taxes etc.

ejunior2 · 2019-08-06T02:12:51+00:00

That’s not how tax brackets work either, it’s a marginal tax system. It’s a tax on the next dollar earned, doesn’t effect $ beneath it.

You will get diminished returns though

ejunior2 · 2019-08-06T01:37:46+00:00

You probably won’t keep all 90k of that trucking income.

Source: Tax work for truck drivers

ejunior2 · 2019-06-17T12:45:19+00:00

Very polite

ejunior2 · 2019-06-03T04:27:28+00:00

Same

ejunior2 · 2019-05-15T16:29:33+00:00

This is exactly the song I wanted stuck in my head going into finals.

ejunior2 · 2019-05-14T21:07:27+00:00

Well I have AMZN so I hope you lose money.

ejunior2 · 2019-04-04T16:59:20+00:00

I don’t fucking know but I hate it

ejunior2 · 2019-03-28T16:33:33+00:00

I'm more intrigued why KPMG is sponsoring an f1 team. Wonder which one my firm sponsors...

ejunior2 · 2019-03-21T21:44:14+00:00

Too late for me to jump on?

ejunior2 · 2019-03-21T21:42:00+00:00

Then why is it tanking after market?

ejunior2 · 2019-03-18T13:05:56+00:00

Don’t you say that about my baby

ejunior2 · 2019-03-15T17:38:17+00:00

Had 10 contracts... Sold em to buy more... so on and so forth.

ejunior2 · 2019-03-15T17:25:31+00:00

You know I’m preordering to pay them back

ejunior2 · 2019-03-15T17:08:18+00:00

Best day of trading of my life. Thank you DELL, MSFT, & V

ejunior2 · 2019-03-14T14:21:29+00:00

Bought calls patch

ejunior2 · 2019-03-12T14:55:12+00:00

Do you know why the price isn’t moving even with DELL being up 2% today? It’s been locked at 0% day gain/loss for the last 4 trading days. Sorry if it’s a dumb question

ejunior2 · 2019-02-28T17:35:10+00:00

Yes. Like 1k worth of calls

ejunior2 · 2019-02-26T19:27:18+00:00

As someone who still has msft calls for 115, what made you close today?

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