SBV collapse.

[Bill in Houston]

Yes , the maximum Fed tax rate for long-term capital gains is 23.8%.

You should follow Suckaholic’s advice and invest in T-bills and pay 40.8% on your income :doh:

[Bill in Houston]

Do you even understand the definition of risk?

A T-bill gives you a GUARANTEED return. And if I'm not mistaken, they are tax free.

So, yeah, right about now, a tax free 5% might be looking pretty good compared to putting your money at risk in say, something like SVB stock where it might vanish.

Risk/reward calculations change when it becomes risk/60% of reward.

What is so hard to understand here?

Evidently, inflation seems to be hard to understand here

Nominal vs. Real is surely years beyond Suckaholic’s education.

[Bill in Houston]

You think all 401K money is in equities?

Is that what you are going with?

Much is, but a fair bit isn't. Many of the uber rich who don't need big returns, stuff a lot of it in T bills. And with a 40% tax, those T bills look even better.

I didn’t say all 401k money was in equities. Nice strawman attempt. Try reading what I said and address that, or not since you’re now spinning.

You’re now saying that T-bills are more attractive with a 40% tax rate? Wtf? Why?

Do you even understand the definition of risk?

A T-bill gives you a GUARANTEED return. And if I'm not mistaken, they are tax free.

So, yeah, right about now, a tax free 5% might be looking pretty good compared to putting your money at risk in say, something like SVB stock where it might vanish.

Risk/reward calculations change when it becomes risk/60% of reward.

What is so hard to understand here?

I explained the maximum investment risk earlier. You can’t read. Not my problem.

I also explained maximum return for equities. Tax rates don’t affect that.

If treasuries are guaranteed why did SVB fail? Only guaranteed at maturity.

You’re making it obvious that this entire subject is miles over your head. Go ahead and continue if you must.

[mvscal]

I'd tap that.

-Kierland

FTFY

[Kierland]

Dreaming of black cock again I see.

[Diego in Seattle]

These bank failures are all due to their boards being "woke."

Just look at who was on Signature Bank's board.

[mvscal]

She left the board ten years ago, dipshit.

Jesus fucking Christ.

[Kierland]

Qtards sink bank with deregulation, blame the gays.

You know, personal responsibility.

[LTS TRN 2]

So SVB has been sold ?... :doh:

First Citizens Bank will buy "all the deposits and loans" of Silicon Valley Bank, after it went bankrupt at the beginning of March, a US banking agency said Sunday.

The transaction covers $119 billion in deposits and $72 billion in assets, and "SVB's 17 branches will open as First Citizens" on Monday, the Federal Deposit Insurance Corporation said.

Depositors of SVB will "automatically become depositors of First Citizens Bank", added the FDIC, which will continue to insure deposits.

SVB -- the United States' 16th biggest bank by assets and a key lender to startups in the country since the 1980s -- collapsed after a sudden run on deposits, prompting regulators to seize control.

[Kierland]

You should use a bigger font.

[Sven Golly]

Let's hope First Citizens does a better job at picking people to manage their risk.

DIE does not work.

[Sudden Sam]

Sam Brinton could head up the revamped bank. He needs a job.

[Kierland]

Let's hope First Citizens does a better job at picking people to manage their risk.

DIE does not work.

Only straight white guys need apply.

[LTS TRN 2]

Sure, we thought only white guys applied...whatever.. :doh:

https://twitter.com/i/status/1638544853242978304

[Kierland]

How about those middies?