World News
A community for discussing events around the World
Rules:
-
Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
-
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
-
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
-
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
-
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
-
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
-
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
-
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
Lemmy World Partners
News [email protected]
Politics [email protected]
World Politics [email protected]
Recommendations
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
view the rest of the comments
The vibe I get is that most elites really don't want to believe the president could be dumb, because that means they could be too. Elites own and/or work with a lot of stocks, and that extends to their investing decisions.
So they figure, sure, it must just be a 4D chess bluff.
And you really think "the elites" are the ones buying and selling here?
Yes, they have a lot of wealth in stocks, but usually they simply own a large chunk of their (or their parents) company and the rest is managed by a fund manager. And if you have millions or billions, you don't need to think quarter to quarter.
This is one area I'm ignorant on that I wish I knew more. How are these daytraders or fund managers avoiding capital gains taxes? When they are liquidating a position as they are selling securities, they are trying to preserve prior gains. At best aren't they getting hit with 15% capital gains taxes on the sale? If so, the fund manager has to believe they will lose more than 15% to justify the transaction right? Again this is best case assuming they've held the security for more than a year. Short term capital gains taxes can be as high as 37%!
I understand folks making these vast swinging trades in their IRA or 401k where they are immune to capital gains, but how are fund managers (or regular retail after tax investors) making these wild swings without being eaten alive by taxes?
You are taxed on the gains, not on the total sale volume.
So if I buy something today for $5, and sell it tomorrow for $6, I pay the 37% on the $1 of gain.
So my takeaway is $5.63, not the $3.78 it would be I was taxed on the full sale.
It's also worth noting that capital losses can offset gains. So if I made $1000 on one trade, but lost $1000 on another, my effective tax is $0, because I didn't make any money.
This can get squishy though, as there are a lot of accounting loopholes you can do to count things as "losses" that are more losses on paper than actual losses.
You're right, of course, I didn't write that well. I'm in for the long term and don't usually think about the smaller gains usually in short term. For me, even just the long term gains are substantial with the 45%-ish increases in value in the last couple of years prior to trump.
I knew this part too, but if a hedge fund/daytrader is doing this enough that their capital losses offset their gains, then they would be a pretty worthless hedge fund manager/daytrader, right?
This is the part I'm ignorant about, I think.
If you’re concerned about that, you might look into index funds. Many are managed to minimize capital gains at a scale that you could never do in personal trading
I'm mostly in total market/S&P500 funds, but even the capital gains from the last 2 years are significant. Again, this was a question more of a position of hedge funds managers and day traders that do lots of short term trading, not long term retail investors like me.