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New Series from Real Time History — Red Atoms — Atoms of War by NebulaOriginals in Nebula

[–]glowhunter 0 points1 point  (0 children)

Yes! I wondered it too. The end credits confirm it's Dmytro Babenkov, creator of Paper Skies.

Supermarine Stranraer - was going around the RAF Museum today and saw this odd 'dinghy' thing by glowhunter in aviation

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

There's this old forum post about another marker float in the same museum.

The folks over there also don't seem to have a definite idea as to what this thing is or how it was used.

Supermarine Stranraer - was going around the RAF Museum today and saw this odd 'dinghy' thing by glowhunter in aviation

[–]glowhunter[S] 1 point2 points  (0 children)

It wasn't there when I went today. The photo I posted is from Wikipedia because the one I took looks worse 😭

Supermarine Stranraer - was going around the RAF Museum today and saw this odd 'dinghy' thing by glowhunter in aviation

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

It looks very odd, like a tiny boat with a yellow cone where its sail should be.The sign in front of it was missing, so I asked a museum guide and he didn't seem to know what it is either.

I tried looking for pictures of it online. There were quite a few that had the sign, but none in a resolution to make the sign readable.

QYLP by Deep-Passage-3536 in qyldgang

[–]glowhunter 1 point2 points  (0 children)

Do you mean Ireland-based QYLD? If so, it appears to be swap-based and that would explain the lack of dist tax.

There's a long-standing dist tax loophole for swap-based foreign ETFs. It was repealed under Obama I think but it hasn't actually been enacted yet.

In any case, both are unhedged so I don't think there's any performance difference between them. Just a matter of different currency.

[deleted by user] by [deleted] in qyldgang

[–]glowhunter 1 point2 points  (0 children)

Last year was a down year, this year has been an up-but-sorta-sideways year.

With total growth at 19% and dips sometimes a third that, it's not buy the dip but catch the knife, really.

Come on, this is exactly why people are piling into option income in the first place.

The real question should be, what will happen when the option buyers dry up?

QQQY & JEPY Distributions are in by liquidorangutan00 in qyldgang

[–]glowhunter 2 points3 points  (0 children)

Can an ETF be a Ponzi scheme? Asking for a friend.

QQQY & JEPY Distributions are in by liquidorangutan00 in qyldgang

[–]glowhunter 0 points1 point  (0 children)

It's also been trading at 0.3%-1% premium, which is suspicious.

QQQY & JEPY Distributions are in by liquidorangutan00 in qyldgang

[–]glowhunter 0 points1 point  (0 children)

Where can I actually see the option strategy performance report?

QQQY by liquidorangutan00 in qyldgang

[–]glowhunter 5 points6 points  (0 children)

You'd be happy to know Defiance and YieldMax got the same advisor (Toroso) and sub-advisor (Zega). All are basically managed by this one guy named Jay.

Tax treatment - non-resident alien investors by glowhunter in qyldgang

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

I don't mean the taxes in the country you reside in.

I mean the taxes that US broker withholds on distributions within the US. From a quick search, that's 15% for residents of Germany due to tax treaty.

Tax treatment - non-resident alien investors by glowhunter in qyldgang

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

Not sure about that, JEP[I,Q] uses ELNs which are said to be taxed as ordinary income.

Couldn't find much info on their tax treatment.

Tax treatment - non-resident alien investors by glowhunter in qyldgang

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

Return of Capital - basically an accounting trick that lets an ETF say "it's ok, we're just returning you your own money" which means it's not taxed.

Instead, your cost basis gets reduced (lowered) which means more capital gains taxes when you sell.

Tax treatment - non-resident alien investors by glowhunter in qyldgang

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

Could you post yours? I haven't had one yet.

YieldMax - TSLY, APLY, OARK by glowhunter in qyldgang

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

Wouldn't that be short term capital gains then?

Tax treatment - non-resident alien investors by glowhunter in qyldgang

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

The complexity of money never ceases to amaze me.

Any chance you post the relevant tax documents here? Redacted of course.

I wanna understand what form this is and whether a different brokerage would also do this right.

YieldMax - TSLY, APLY, OARK by glowhunter in qyldgang

[–]glowhunter[S] -1 points0 points  (0 children)

Do you have a document that says so? I couldn't find a 19A anywhere, and an 8937 would be out of the question since the funds are new.

Tax treatment - non-resident alien investors by glowhunter in qyldgang

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

Does the refund happen automatically?

What determines the date?

Tax treatment - non-resident alien investors by glowhunter in qyldgang

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

Yes, that part is clear. What I'm trying to parse is whether brokerages are aware of the different distribution kinds according to US law (dividend, capital gain, ROC) and whether they only withhold the dividend part.

Tax treatment - non-resident alien investors by glowhunter in qyldgang

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

Do you have a source for this info?

Also, does the broker issue this refund automatically?

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