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Thread: ELON MUSK IS GOD

  1. #1001
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    Quote Originally Posted by abrown83 View Post
    Quote Originally Posted by OSA View Post
    How do we get around paying 25% in taxes when I quickly take profits. That's what I really want to know.
    ROTH
    Then once over income limit, back door ROTH

    Can’t take the gains now, but you can take the investment out at any point if you need it without penalty.

    There’s some more complicated ways around this if you ever had serious money.
    I realize that ROTH is not just a Jewish last name. But with the recent boost to my Robinhood portfolio with Amazon/Tesla, I find it upsetting that I have to fork over 25% of profits cause I cashed out with a year.

  2. #1002
    Plutonium simpdog's Avatar
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    Quote Originally Posted by OSA View Post
    Quote Originally Posted by abrown83 View Post

    ROTH
    Then once over income limit, back door ROTH

    Can’t take the gains now, but you can take the investment out at any point if you need it without penalty.

    There’s some more complicated ways around this if you ever had serious money.
    I realize that ROTH is not just a Jewish last name. But with the recent boost to my Robinhood portfolio with Amazon/Tesla, I find it upsetting that I have to fork over 25% of profits cause I cashed out with a year.
    I feel really really bad for you. Start a thread asking for donations to help cover the 25%.

     
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      OSA: Such a good idea.

  3. #1003
    Plutonium simpdog's Avatar
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    Weed up 20% today.

    Still have a chunk sitting in it. Constellation invested heavily and appointed a new CEO. Should be good growth over the next 5 years with him in charge.

     
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      OSA: Yaaassssssss.....Beat you to it

  4. #1004
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by OSA View Post
    Quote Originally Posted by abrown83 View Post

    ROTH
    Then once over income limit, back door ROTH

    Can’t take the gains now, but you can take the investment out at any point if you need it without penalty.

    There’s some more complicated ways around this if you ever had serious money.
    I realize that ROTH is not just a Jewish last name. But with the recent boost to my Robinhood portfolio with Amazon/Tesla, I find it upsetting that I have to fork over 25% of profits cause I cashed out with a year.
    Liberals like atine at peace with that.

    Paying taxes is a good sign Dude. I can’t tell you what’s happening a year from now but I can have a very very good idea about the next 30 minutes or the day.

    Stupid bitcoin —-> $13k?
    Gold too setting up.

    I get the Roth talk but these are extraordinary times.

  5. #1005
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    Quote Originally Posted by simpdog View Post
    Quote Originally Posted by OSA View Post

    I realize that ROTH is not just a Jewish last name. But with the recent boost to my Robinhood portfolio with Amazon/Tesla, I find it upsetting that I have to fork over 25% of profits cause I cashed out with a year.
    I feel really really bad for you. Start a thread asking for donations to help cover the 25%.
    Yes. Like the rich white couple in this vid

  6. #1006
    Plutonium sonatine's Avatar
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  7. #1007
    Plutonium sonatine's Avatar
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    very much looking forward to strangling the life out of bynd on 2/26.

    like 90% chance it nosedives by a third in value but im not going to ignore how country fucking retarded the market is; the robinhood crowd might blow it up regardless of the stats.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

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    NVDA quietly up 90% past year. 1,350% past 5 years.

  9. #1009
    Plutonium sonatine's Avatar
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    Quote Originally Posted by SPIT this View Post
    NVDA quietly up 90% past year. 1,350% past 5 years.

    the vast majority of AI gpus are nvidia, teslas run nvdia gpus, etc etc.

    if you believe AI is going to be relevant to the future, the stock value of nvda should be firmly anchored to those expectations.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  10. #1010
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    Quote Originally Posted by sonatine View Post
    very much looking forward to strangling the life out of bynd on 2/26.

    like 90% chance it nosedives by a third in value but im not going to ignore how country fucking retarded the market is; the robinhood crowd might blow it up regardless of the stats.
    Not a chance. Fake shit meat is getting back to 130 after earnings

  11. #1011
    Plutonium sonatine's Avatar
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    grab a fresh pot of coffee and buckle up boys, this threads a good'n:


    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  12. #1012
    Master of Props Daly's Avatar
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    Lol


    Name:  5BDF0EB6-516D-47B6-9A6B-7713B78BAF7A.jpeg
Views: 7820
Size:  66.2 KB

     
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      sonatine: puts locked and loaded
      
      GambleBotsChafedPenis: I Chuckled Rep
      
      Sanlmar:

  13. #1013
    Plutonium sonatine's Avatar
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    Quote Originally Posted by Daly View Post
    Lol


    Name:  5BDF0EB6-516D-47B6-9A6B-7713B78BAF7A.jpeg
Views: 7820
Size:  66.2 KB

    i think 2 events are going to increase stock between now and cliff-time.

    1) tesla will likely announce a texas gigafactory in the very near term.

    2) the next quarterly earnings report will reflect model y sales and likely get the robinhood crowd riled up again.

    after that tho, $300 a share sounds entirely reasonable, at least until we see some sort of significant rollout of solar/powerwall solutions happen.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  14. #1014
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    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by Daly View Post
    Lol


    Name:  5BDF0EB6-516D-47B6-9A6B-7713B78BAF7A.jpeg
Views: 7820
Size:  66.2 KB

    i think 2 events are going to increase stock between now and cliff-time.

    1) tesla will likely announce a texas gigafactory in the very near term.

    2) the next quarterly earnings report will reflect model y sales and likely get the robinhood crowd riled up again.

    after that tho, $300 a share sounds entirely reasonable, at least until we see some sort of significant rollout of solar/powerwall solutions happen.

    That chart looks like a combo of the 12 step plan and the 7 deadly sins lol.

    Question though, is it breaking 4 figures before the dive or not.

  15. #1015
    Plutonium sonatine's Avatar
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    Quote Originally Posted by OSA View Post
    Quote Originally Posted by sonatine View Post


    i think 2 events are going to increase stock between now and cliff-time.

    1) tesla will likely announce a texas gigafactory in the very near term.

    2) the next quarterly earnings report will reflect model y sales and likely get the robinhood crowd riled up again.

    after that tho, $300 a share sounds entirely reasonable, at least until we see some sort of significant rollout of solar/powerwall solutions happen.

    That chart looks like a combo of the 12 step plan and the 7 deadly sins lol.

    Question though, is it breaking 4 figures before the dive or not.

    im absolutely expecting it to hit the 1200 range if those two events behave as expected. but its important to understand that none of this is sane or rational behavior, so betting on it in any meaningful way is foolish. the same could be said for the market as a whole however.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  16. #1016
    Plutonium Sanlmar's Avatar
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    You wanna be sitting in some virus infected market for 3 days?

    Die


    That is one ugly candle on Roku. Are they another gpro? The answer is yes


    Simpdog & I were talking Canadian train wrecks:
    Look at IMAX - need to dig.... I completely missed this

     
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      sonatine: honestly roku = massive wtf
    Last edited by Sanlmar; 02-14-2020 at 11:47 AM.

  17. #1017
    Gold SPIT this's Avatar
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    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by SPIT this View Post
    NVDA quietly up 90% past year. 1,350% past 5 years.

    the vast majority of AI gpus are nvidia, teslas run nvdia gpus, etc etc.

    if you believe AI is going to be relevant to the future, the stock value of nvda should be firmly anchored to those expectations.
    That's basically why I bought it. I think autonomous cars will be a huge driver of growth in the next 5-10 years. When the market was tanking in Nov/Dec 2018, I bought GOOG, NVDA, APTV, INTC and YNDX as a long term self-driving play. In retrospect I should have picked up TSLA too, but Elon seemed like too much of a shyster for me.

    I recognize my own shortcomings, and know I'm too dumb to trade. So I try to look at long term trends, and then buy and hold.

  18. #1018
    Plutonium sonatine's Avatar
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    Quote Originally Posted by SPIT this View Post
    Quote Originally Posted by sonatine View Post


    the vast majority of AI gpus are nvidia, teslas run nvdia gpus, etc etc.

    if you believe AI is going to be relevant to the future, the stock value of nvda should be firmly anchored to those expectations.
    That's basically why I bought it. I think autonomous cars will be a huge driver of growth in the next 5-10 years. When the market was tanking in Nov/Dec 2018, I bought GOOG, NVDA, APTV, INTC and YNDX as a long term self-driving play. In retrospect I should have picked up TSLA too, but Elon seemed like too much of a shyster for me.

    I recognize my own shortcomings, and know I'm too dumb to trade. So I try to look at long term trends, and then buy and hold.

    get your claws into lidar manufacturers and lidar parts suppliers once the coronavirus guts their value.

    also lol at being too rational to invest in tesla and feeling bad about it.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  19. #1019
    Plutonium sonatine's Avatar
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  20. #1020
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    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by SPIT this View Post
    That's basically why I bought it. I think autonomous cars will be a huge driver of growth in the next 5-10 years. When the market was tanking in Nov/Dec 2018, I bought GOOG, NVDA, APTV, INTC and YNDX as a long term self-driving play. In retrospect I should have picked up TSLA too, but Elon seemed like too much of a shyster for me.

    I recognize my own shortcomings, and know I'm too dumb to trade. So I try to look at long term trends, and then buy and hold.

    get your claws into lidar manufacturers and lidar parts suppliers once the coronavirus guts their value.

    also lol at being too rational to invest in tesla and feeling bad about it.
    Got some names for me?

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