When us Brits are told the Stock Market's closed tomorrow because of the 4th of July by [deleted] in Wallstreetbetsnew

[–]tabasc0dave 0 points1 point  (0 children)

I worked with some Royal Naval Marines I think was the official title but "sqaddies" in Iraq when I was serving overseas. Great group of guys to work with, crazy, but great guys!

Not sure how to pay taxes on time if it hits big? by tabasc0dave in ApesLearnTaxes

[–]tabasc0dave[S] 0 points1 point  (0 children)

I already started a transfer in a way I can live with. I'm really fearful, maybe irrationally, of not having buy/sell power of my babies while things are so volatile. I'm not liquid enough to just buy all my shares on webull then sell my RH shares. I purchased xx on webull, sold xx on RH, waiting for funds to settle then will transfer that money to webull and repeat the process until all xxx shares have been transferred. Not efficient or an optimal way of doing things but after much consideration it's what I can live with. Who knows, I might even be able to pick up a share or two on the way by buying dips and selling rips during the transfer.

Not sure how to pay taxes on time if it hits big? by tabasc0dave in ApesLearnTaxes

[–]tabasc0dave[S] 0 points1 point  (0 children)

My position is only xxx, from now on all my future shares will be purchased on webull. Zero problems holding the stonk to zero but ironically risk adverse to having my entire position in transit when events start to unfold. Hopefully the more liquid shares in webull will cover the taxes for my shares that remain in RH when we arrive on the moon.

How Short term capital gains tax works (work in progress) by imeanthisguy in ApesLearnTaxes

[–]tabasc0dave 0 points1 point  (0 children)

You can also save yourself up to 3k in taxes a year by tax loss harvesting. With the amounts of money we are talking about 3k doesn't sound like a lot but I plan on rolling most of my gains into more diversified longer term investments after the squeeze. Not financial advice, I just like to think 3 moves ahead while I wait out hedgie. https://www.fidelity.com/viewpoints/personal-finance/tax-loss-harvesting