about 11 months ago - 2 comments
about 11 months ago - 3 comments
I mean banks charge interest at maximum 15% per annum. But some of these guys promise returns of 25% and more! So why do they lose out that 10%? Why not simply borrow as much as is required from the bank?
about 11 months ago - 6 comments
Hedge fund contributors to Hillary Clinton include: Avenue Capital Group, whose employees contributed $30,000. Chelsea Clinton, the Senator’s daughter, has been hired by Avenue Capital, run by Marc Lasry. Others include Farallon Capital Management, which has bundled $46,000 in individual contributions; Blackstone Capital, Fortress, Perry Partners; Quadrangle, Centerbridge Partners, and many more Nicollette go back More >
about 11 months ago - No comments
Also, if you can’t advertise as a hedge fund manager, how do you get potential clients / capital for the fund that you start? I take it a fund cannot cold call or email wealthy individuals in their area and let them know of their hedge fund / investment opportunity? How do managers get clients More >
about 11 months ago - 2 comments
What vehicle is the best option for anybody to try and move from Middle Class to Wealth? Is it: Stocks? Bonds? Starting a Company? Trading Currencies? etc…
about 11 months ago - 3 comments
I have heard that there are short-term and long-term distinctions for taxes on capital gains on stocks. Is that true? What is considered short/long term? What are the rates?
about 11 months ago - 3 comments
about 11 months ago - 3 comments
Some of these stocks were given 30 years ago ,some 10 yrs ago. sometimes it was 10 shares ,sometimes it was 50 shares.
about 1 year ago
Yes, up to $3000 is tax deductible in any tax year. However, you do not get this amount back. It’s not a credit, it is a deduction – meaning it will lower your income by $3000. For example, if your taxable income before accounting for the stock sale loss is $10,000, after you deduct the loss, your taxable income will be $7,000. Therefore you’ll only have to pay taxes on $7,000 instead of $10,000. If you had no other income during the year, the deduction will not do you any good, you will not get money back. Any loss that is not deductible in the current year can be carried over to later years.
about 1 year ago
If you are in the 15% tax bracket, you taxes *might* decrease by $450.