2% tax rate on capital gains, 4% in income tax:
https://www.usvieda.org/
On 29 Feb 2020, at 13:39, Robert Andrews wrote:
If you could do that you would start a fund and have everybody
_else's_ money to be playing with, 20% tax rate and be living on an
island stocked to the gills...
On 02/29/2020 09:29 AM, Darin Steffl wrote:
Right Seth?!
I'd sell my wisp today and get rid of the stressful customers with
that kind of return.
Heck, I'd be done with the business with a consistent 20% return and
have plenty to live on the rest of my life.
On Sat, Feb 29, 2020, 11:23 AM Seth Mattinen <se...@rollernet.us
<mailto:se...@rollernet.us>> wrote:
On 2/29/20 09:09, Darin Steffl wrote:
> Maybe if you had all your money in one stock like Tesla that
went up
> 400% in less than 12 months, sure I can see a crazy return.
But
that's
> not diversified, it's all eggs in one basket. If you truly
diversify,
> there's no way to have a 260% return in the market, just like
there's no
> way you have a 100% close rate on sales. It's not possible.
I sure wouldn't be here if I was getting a 260% return in the
market.
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