about 11 months ago - 8 comments
Let’s assume I invest in the typical “moderate-risk” portfolio with a mixture of bonds, stocks, and internationals. Let’s also assume that I don’t flip the account at all the entire year. No active trading. I’m asking this because my mom, who’s retired, is paying a financial planner 1% on her 0.9 mil account that really More >
about 11 months ago - 1 comment
about 11 months ago - 6 comments
Here’s the list off the top of my head 1) Poutine 2) Alexander Keiths India Pale Ale 3) Spruce Beer 4) Some local cheeses 5) Canadian wines (i.e. Jackson-Triggs Niagara) 6) Native arts and crafts containing “antlers” 7) Caribou sausage Beluga whale 9) Seal fur coats The rest you can find on ebay.com, including movies More >
about 11 months ago - 1 comment
The required returns on all stocks are the same, and the required returns on stocks are higher than the required returns on bonds. The required returns on stocks equal the required returns on bonds. A trading strategy in which you buy stocks that have recently fallen in price is likely to provide you with a More >
about 11 months ago - 3 comments
A team in my league is trading Barry Bonds and Torii Hunter for Morneau and Chien-Ming Wang. Some in my league thinks the team getting Morneau and Wang is getting a good bit better deal and think it should be vetoed but I’m a little hesitant, as Hunter and Bonds have been pretty good so More >
about 11 months ago - 4 comments
Additionally, what do you think of the Dodgers getting Jason Schmidt, giving away B(r)ad Penny, the entire Zito madness? Will Barry Bonds be playing on the southside of Chicago next season? Ain’t Baseball just the very best Game ever??
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 - 3 comments
I went to a wedding a year and a half ago and the groom (who I didn’t know) was a hedge fund trader… I didn’t think much of it at the time… But I was part of this charity organization and when the guy mentioned he was a hedge fund trader, they automatically made him More >
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 1 year ago
you will need to know the value of it when you bought it
about 1 year ago
capital gain is net proceeds from sale minus your basis.
your basis is the total amount you paid for the stock. if you sold everything this is easy to calculate;
otherwise, if you just part of your holdings, the longest-held shares are considered sold.
if you have records marked “employee stock purchase plan”, check them top detemrine your basis.
if you have absolutely no data whatsoever, and cannot find any anywhere, the IRS says to treat the sale proceeds as gain in their entirety. in other words, your basis is zero cause you can’t prove you paid anything for the shares. this is not a good siuiation, obviously.