The fed announcement was an hour ago, but its strange that the move was totally expected and the market still reacted this way.
The only thing that does't make sense is the dollar is down, and it should be stronger with higher rates
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
The fed announcement was an hour ago, but its strange that the move was totally expected and the market still reacted this way.
The only thing that does't make sense is the dollar is down, and it should be stronger with higher rates
ClosingADoor
Member
Computers kicking in after the decision is official maybe.
Captain Smoker
Member
Thanks, just saw it on Google Finance.
So, Dutch people seem to reject Wilders.
Time to invest in an european ETF.*
*If Le Pen fails as well
Ether_Snake
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So the rumor is the tax rate on capital gains will go from 50% to 75% in Canada, in the next budget on March 22nd. WTF
ClosingADoor
Member
Wow. How are they justifying this? 50% is already enormous. Over here we pay 1.2% over capital above 25.000. Although that will be both if you win and lose money, they just assume your return is 4% and charge a tax rate over that.So the rumor is the tax rate on capital gains will go from 50% to 75% in Canada, in the next budget on March 22nd. WTF
Ether_Snake
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I should rephrase that, they tax you on 50% of your gains, so if you made $1000 they will apply a tax on $500 of that, so let's say you'll give them $250. Now I guess you'd lose $375 on 1000.
It's so dumb, all of that should be adjusted based on income, like so many other taxes.
BeforeU
Oft hope is born when all is forlorn.
I dont think thats how it works.
50% of your gain is taxable income. Doesnt mean you pay 50% tax on your 50% gain.
It would be added to your salary amd then whatever tax bracket you fall into.
ClosingADoor
Member
Getting out of steel again. Waiting for a few percent drop before buying back in. Made 7 trades over the last 3 months with a steel company, every time a few percent. Adds up to a return of 30% now on the capital used. See if that can get a bit higher still over the next months.
That sounds a lot more reasonable.
Ether_Snake
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I know but if you count federal and provincial taxes, you get taxed on 50% of your gains and easily end up paying close to 50% on that.
Either way they would now tax 75% of gains.
BeforeU
Oft hope is born when all is forlorn.
Where did you read about 75% and how likely will it happen? Because thats sure as hell upsetting. First they reduced the tfsa limit from 10k and now this shit.
CrazyShady
Member
This is exactly how it works. It isn't a 50% tax on the gain, it means only half of your gain is taxable.
I was absolutely furious when the TFSA limit dropped, that thing is a gem. I'd also like to know where the 75% info came from! That isn't something that can just be dropped on people.
BeforeU
Oft hope is born when all is forlorn.
CrazyShady
Member
BeforeU
Oft hope is born when all is forlorn.
I would love to know why you think that. Twitter is already struggling how to monetize and you think Snapchat would somehow be in better state?
Also every high profile individual uses Twitter to connect with people, they have a better and way bigger audience than Snapchat will ever have
ClosingADoor
Member
Twitter is still mostly text and hard to monetize through ads. Snapchat has it easier that way, you can just push it between the content. Snapchat is more visual, so it has more options for high impact advertising between it.
It is also going for deals with content to get people to spent more time in the app, and then they can monetize that.
That said, I wouldn't bet on Snapchat myself. It can really go either way, depending on their growth and if they can push it as a good platform for ads.
Ether_Snake
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That's a rumor going around.
http://business.financialpost.com/p...get-that-wont-bode-well-for-the-tsx-or-loonie
About time VEA starts to move. I've been tilting my retirement fund more and more towards VEA the past two years and it's really paying off now. I'll keep investing in it too because I feel like VEA still has a long way to go to close the gap with VTI.
I'm about 60/40 us/international now which is considered high but I don't like to be tied to like 75/80% USA stock market only.
Ether_Snake
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edit: nevermind, was looking at a one year chart.
Captain Smoker
Member
Expedia has been a nice buy so far, almost +8% since I bought it ten days ago.
BeforeU
Oft hope is born when all is forlorn.
where are you from? You need to find an online brokerage first.
D
Deleted member 245925
Unconfirmed Member
AUPH up to 9 USD (+17%) already today. Glad that I bought in last week when it was stable at ~7.70 USD. Thanks for the tip, ColdPizza.
Just don't be mad at me if this dips back down from here. =)
I suspect their latest offering is closing today, hence the move up.
Hoping this will test new highs later this week.
I'd be fine with it hanging out here for a couple weeks, my puts expire in 32 days.
Is it still a good time to get nVidia?
Now that we know they're doing the Switch chips? Nvidia has been on a constant rise for a year now.
What's the infleunce of the new AMD stuff (Ryzen, Vega) on them? They are too stable right?
And isn't it a pretty bad time for Vega? I got the feeling that everyone bought new graphics cards last year and there won't be low end Vega cards, right?
Now that we know they're doing the Switch chips? Nvidia has been on a constant rise for a year now.
What's the infleunce of the new AMD stuff (Ryzen, Vega) on them? They are too stable right?
And isn't it a pretty bad time for Vega? I got the feeling that everyone bought new graphics cards last year and there won't be low end Vega cards, right?
BeforeU
Oft hope is born when all is forlorn.
Yes i think nvidia is a good buy for long term but not because of the reasons you have listed lol i dont think couple of million more switch sell will change their outcome but their work in automobile will start to pay off.
ClosingADoor
Member
What's the panic in the steel market? Going down a fair bit and hit my buy order. See if it recovers again in the next few days.
entire market is going red today it seems
ClosingADoor
Member
Buy the dip or are we in for a larger downturn... Couldn't go up forever of course.
Ether_Snake
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A lot is emerging about Trump and his gang, so I would suspect some chaos ahead.
I thought this graph was kinda interesting. It shows how long we've gone without even a 5-10% correction.
Ether_Snake
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You know that means Trump is getting arrested. Something has to bring it down.
Tomorrow might be the trigger of the GOP can't push their health care package. We need a 5 to 10 percent pullback as the market has run too high since election. Well the USA market at least. I still think developed overseas and a little emerging market is where to be right now but I could be wrong.
Ether_Snake
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I expect the bill to pass though, unless there are huge developments tomorrow that would make the GOP want to distance themselves from Trump in every imaginable aspects. Doubtful that would happen tomorrow.
BeforeU
Oft hope is born when all is forlorn.
US market affects EVERYTHING even emerging market depends on US. Everything will go down.
I put an order to sell GOOG at 850 couple of days ago and was under the impression it went through, but it didnt and it has dropped almost 3% since lol i am going to hold though
kiunchbb
www.dictionary.com
It is really hard to time the crash, every quarter someone predicted a crash and yet it been going up every year. May be Obama just did fine job of building our economy.
If I have to make a bet, the crash will probably happen 1 or 2 years after the tax cut and deregulation actually happened.
Anyone remember what stocks performs relatively well during the previous crash? Wasn't it McDonald, Walmart, and a few food companies?
If I have to make a bet, the crash will probably happen 1 or 2 years after the tax cut and deregulation actually happened.
Anyone remember what stocks performs relatively well during the previous crash? Wasn't it McDonald, Walmart, and a few food companies?
in the meantime i'll be building up my savings to invest when that happens
depends on what you mean by relatively well. everything got whacked hard
edit: looking back at a chart WMT actually did reasonable, MCD got slammed but came back too
BeforeU
Oft hope is born when all is forlorn.
Doesnt Gold always go up when everything crashes? Right now is a good time to buy Gold