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FoxVandy retweeted
Two banger $SPX algo buyers
Two banger trades with $SPY & $MU
Many complained about this being a hard work, but we stayed patient, on the right side of the trade, and executed a great week
FoxVandy retweeted
Pamp it.
BREAKING: President Trump's capital gains tax cut discussions include "indexing" capital gains for inflation BEFORE taxes are calculated.
This would mean that taxes would be applied on gains adjusted for inflation.
For example, if you purchased a stock for $100,000 and sold it 5 years later for $200,000.
Under the current system, you would owe capital gains taxes on the full $100,000 gain.
But, if cumulative inflation over those 5 years was 20%, your inflation-adjusted cost basis would rise to $120,000.
This means you would only owe capital gains taxes on the $80,000 REAL gain, rather than the $100,000 nominal gain.
Trump has also suggested exemptions for sales of homes worth $2 million or less from capital gains taxes.
We expect more details soon.
FoxVandy retweeted
One of my bestest buddy @prilonm and his team created this sick platform @GamG8AI . If you guys do options you will love this & futures coming soon.
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