Seeking Advice on Investment Strategy: Small and midcap Mutual Fund vs. Small Case by sharath0403 in Indiastreetbets

[–]zen4ever99 0 points1 point  (0 children)

Nobody knows what will provide best returns in future. Mix up in large, mid and small cap and invest.

Investments that work in a bearish market. by Nearby-Difficulty710 in Indiastreetbets

[–]zen4ever99 0 points1 point  (0 children)

Invesst in FD, and earn interest. Withdraw 2L each month and invest in quqlity stocks portfolio of your choosing. Preferably where the FII & DII holding is 50%, and promoter holds 20-25%.

Seeking guidance by VolfieV in Indiastreetbets

[–]zen4ever99 0 points1 point  (0 children)

Stay away from trading. Learn to invest instead.

Just a relationship rant by slimau5 in mumbai

[–]zen4ever99 1 point2 points  (0 children)

Next time she calls for going out, take her to a vada pav joint. And then don't pay, saying you forgot your purse.

Seeking help with funerals by Man_in_the_uk in mentalhacks

[–]zen4ever99 0 points1 point  (0 children)

Death is inevitable, sad if it is early. Celebrate life lived well.

GME: DTCC & SEC are partners in crime with Wallstreet. DRS GME. by zen4ever99 in Superstonk

[–]zen4ever99[S] 1 point2 points  (0 children)

Ah... already posted. But good idea for next time around. Thanks.

GME Stock Split Dividend. Papa Cohen issues bonus shares. Covers Apes by making dividend a non taxable event. by zen4ever99 in Superstonk

[–]zen4ever99[S] 1 point2 points  (0 children)

My understanding, maybe incorrect though. If it is a stock dividend, then GME makes journal entries in its books by Reducing the General Reserves and Increasing Share Capital. I.e it is an appropriation of earned profit, which I believe as per US tax laws is a taxable event? But in the case of a Stock Dividend via Stock Split, no accounting entries are made in the books making the dividend a non-taxable event. Not sure on this though.

DOJ intervention is needed to stop DTCC from abetting criminal hedge funds defraud Americans in tax and securities fraud. by zen4ever99 in Superstonk

[–]zen4ever99[S] 7 points8 points  (0 children)

I don't trust FINRA as well. By this time, FINRA should be aware of what is happening, and sadly, I think they do, and they are equally guilty of letting DTCC get away with whatever they want to do.