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Old 12-18-2017, 05:37 AM   #1
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Taxes and Stock Market

Anyone noticed how well the Stock Market has been doing? What about Trump Tax Cuts?
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Old 12-18-2017, 06:01 AM   #2
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Taxes & stock market

How can anyone not notice what the market is doing !! - I also think we're all watching what the new tax program will do.

Hope the market continues what it's been doing. Not that long ago I bought a stock that everyone told me I was nuts to buy....paid in the mid $30 range when it was an IPO - today it's $343 +. Am only sorry that I only bought 100 shares then.....Name of the stock - TESLA !!
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Old 12-18-2017, 06:54 AM   #3
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Tax code changes should be good for the market / business. No impact on half the country that don’t pay taxes now, more people will fall into that group. Many will still get more back than they paid in if they paid any at all. Those outside the no pay group will pay more. And I will still need tax software to file my taxes, no postcard for me. Much ado about not much.
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Old 12-18-2017, 11:48 AM   #4
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Originally Posted by fluffyms View Post
How can anyone not notice what the market is doing !! - I also think we're all watching what the new tax program will do.

Hope the market continues what it's been doing. Not that long ago I bought a stock that everyone told me I was nuts to buy....paid in the mid $30 range when it was an IPO - today it's $343 +. Am only sorry that I only bought 100 shares then.....Name of the stock - TESLA !!
Nice Buy but Iím not sure everyone or even close to everyone has noticed how well the market has done, or else Iím hanging with a weird bunch as 9 out of 10 at recent XMAS Party had no clue and I hate to say but all 10 (actual number plus wife and myself- 12 the total) voted democratic- we were the only two republicans although I would of voted for Bernie and I did vote for Bill Clinton so I am not total republican, anyways as I was saying I seriously doubt 50 percent have noticed as the Nassie breaks 7,000!

PS May wanna check with tax advisor as I believe as I believe we still have zero fed taxes on first $75k long term gains if income is below $70K? ..... You can always buy back or reinvest in another like OLED or AAPL or NVDA or BABA or even Amazon or Alphabet? They say NVDA is set to go to $250 and is trading around $190ish after hitting $215ish and selling off it is now rebounding and OLED looks interesting too.
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