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LSUFanHouston
Favorite team: | LSU |
Location: | NOLA |
Biography: | |
Interests: | |
Occupation: | |
Number of Posts: | 37034 |
Registered on: | 7/22/2009 |
Online Status: | Not Online |
Recent Posts
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re: Minimizing Tax Bill
Posted by LSUFanHouston on 4/26/24 at 2:54 pm
[quote]Yup all W2 unfortunately.[/quote]
Does your company offer a nonqualified deferred comp plan, sometimes called an executive deferred comp plan?
If so, give that a look. Note some plans are great and some are awful.
Also could look at Mega Backdoor Roth. Won't save you tax dollars to...
re: Actively managed accounts
Posted by LSUFanHouston on 4/26/24 at 2:44 pm
[quote]I suspect this might be a troll but idk.[/quote]
Or maybe this is a young buck just starting out for whom 35K is all they have.
You started out like that, too. Don't be an arse. ...
re: Actively managed accounts
Posted by LSUFanHouston on 4/26/24 at 2:43 pm
[quote]
To keep it brief, when I quit my job in the service industry last year, I rolled over approximately 35k into an IRA account. Since that time, I haven’t touched it. It’s simply cash waiting to be invested. The problem is I have very little if any time to properly invest it on my own. Also be...
Are Saints fans still afraid of the Falcons?
Posted by LSUFanHouston on 4/26/24 at 12:16 pm
This board melted when they signed Cousins. I could never understand why... Cousins ain't that good. I'm not scared of Cousins.
Then after last night... LOL... ...
re: Homeowner with bankrupt insurance company still waiting for hurricane repair money
Posted by LSUFanHouston on 4/26/24 at 12:14 pm
The whole reason you pay insurance is to protect youtself against a disaster.
Then when the disaster comes, the company you paid isn't there to provide you what you paid for.
LIGA was not set up to handle mass claims, and it also has an incentive to delay / nickle and dime people.
But hey...
re: Homeowner with bankrupt insurance company still waiting for hurricane repair money
Posted by LSUFanHouston on 4/26/24 at 12:12 pm
[quote]This situation sucks but is probably the main reason I don't use these cheap/no-name insurance companies for anything. My premiums might be higher but in the event shite hits the fan I don't have to worry about my insurer folding up the circus and skipping town. Now, getting them to pay might ...
re: Homeowner with bankrupt insurance company still waiting for hurricane repair money
Posted by LSUFanHouston on 4/26/24 at 12:11 pm
[quote]Can they go to FEMA for funds?[/quote]
At this point I'm not sure if that is still an option or not. They may have already got the max. They may have been underinsured. Maybe they can get an SBA loan.
...
re: Biden's Commencement Speech at Morehouse Proving Problematic
Posted by LSUFanHouston on 4/26/24 at 8:36 am
[quote]Are you telling me that Dementia Joe isn't even welcome at a mostly black university filled with voters in the 18-24 demographic?[/quote]
Joe ain't liberal enough for them, because he didn't overrule the supreme court and forgive 100 percent of their student loans.
Wait, Joe can't do th...
re: Hope these astronauts have good life insurance
Posted by LSUFanHouston on 4/26/24 at 8:24 am
[quote]Yeah, because Boeing's space program is built where their airliners are built.. [/quote]
Same cheap corporate leadership, profits over progress ...
re: How hasn’t New Orleans hosted the NFL Draft?
Posted by LSUFanHouston on 4/25/24 at 10:37 pm
[quote]Jazz Fest and Zurich makes it impossible.[/quote]
This. Just not a good weekend.
Now if they move it up a week??...
re: Lufthansa 747 passengers get a little surprise during landing attempt at LAX
Posted by LSUFanHouston on 4/25/24 at 7:40 pm
So why did they have a jacked up landing attempt?...
re: LSP serve warrant to Archdiocese of New Orleans
Posted by LSUFanHouston on 4/25/24 at 3:12 pm
[quote]he Archbishop should have gotten this settled years ago but chose to go the duck and hide route[/quote]
What happeend 40-50 years ago was awful, but the way it was handled at the time was how things were done at this time.
Our current Archbishop - a local man - had the chance to truly ...
re: Ford lost $40K on every EV it sold
Posted by LSUFanHouston on 4/25/24 at 3:02 pm
[quote]Selling 10,000 vehicles and only getting $100 million in revenue from the sales seems off.[/quote]
Right, this is an average sale price of $10K.
My guess is this entire pile of information is off. ...
re: Ford lost $40K on every EV it sold
Posted by LSUFanHouston on 4/25/24 at 3:00 pm
[quote]What federal government are you familiar with???[/quote]
The federal government cannot force a dealer to not return product, nor can it force a supplier to not accept returned product.
My guess is Ford told the dealer they ain't taking it back, not the fedgov. ...
re: Ford lost $40K on every EV it sold
Posted by LSUFanHouston on 4/25/24 at 12:37 pm
[quote]The government won't let them send them back and there's another order of them coming in. They wanted to cancel any more but government said they would be fined if they didn't except them.[/quote]
That sounds like a pile of lies. ...
re: Are we about to hit stagflation?
Posted by LSUFanHouston on 4/25/24 at 11:54 am
It's hard to believe that the Dems are taking steps to crater the economy in an election year.
That, or they are too stupid to understand the condequences of their actions.
Either way, dumb. ...
re: Ford lost $40K on every EV it sold
Posted by LSUFanHouston on 4/25/24 at 11:50 am
[quote]Very misleading if that's the case because then they actually didn't lose anything. They still have the investments made to make the vehicles. So next year all that is already covered.[/quote]
Fixed costs vs variable costs.
ECON 101...
re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted by LSUFanHouston on 4/25/24 at 11:49 am
[quote]If I buy a stock for $100 at the beginning of the year and at the end of the year it's $200, that $100 gain will be taxed even though I haven't actually seen a penny of it while it's just sitting in my brokerage account? And then what happens when I sell it?[/quote]
Buy for $100, initial b...
re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted by LSUFanHouston on 4/25/24 at 11:45 am
[quote]Considering Elon has not taken a salary since like 2018, he basically has zero taxable income. He would not meet the minimum income to be subject to these taxes as proposed.[/quote]
Elon has been getting restricted stock and exercising nonqualified stock options, all of which hit taxable i...
re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted by LSUFanHouston on 4/25/24 at 11:44 am
[quote]So, we will tax you at a rate of 25% on your unrealized gains, then when you take out the funds you get to pay us 44.6%?[/quote]
No, you would basically have a basis adjustment each year.
That's the funny thing. So you would pay 25% along the way, but int he year of sale, 44.6% but onl...
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