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Re: SBV collapse.
Posted: Tue Mar 14, 2023 9:28 pm
by 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:
Re: SBV collapse.
Posted: Tue Mar 14, 2023 10:15 pm
by Bill in Houston
mvscal wrote: ↑Tue Mar 14, 2023 2:57 pm
smackaholic wrote: ↑Tue Mar 14, 2023 10:20 am
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.
Re: SBV collapse.
Posted: Tue Mar 14, 2023 10:25 pm
by Bill in Houston
smackaholic wrote: ↑Tue Mar 14, 2023 10:20 am
Bill in Houston wrote: ↑Tue Mar 14, 2023 4:51 am
smackaholic wrote: ↑Tue Mar 14, 2023 1:09 am
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.
Re: SBV collapse.
Posted: Tue Mar 14, 2023 11:23 pm
by mvscal
trevvie wrote: ↑Tue Mar 14, 2023 4:25 am
I'd tap that.
-Kierland
FTFY
Re: SBV collapse.
Posted: Wed Mar 15, 2023 12:18 am
by Kierland
Dreaming of black cock again I see.
Re: SBV collapse.
Posted: Wed Mar 15, 2023 4:08 pm
by Diego in Seattle
These bank failures are all due to their boards being "woke."
Just look at who was on Signature Bank's board.
Re: SBV collapse.
Posted: Wed Mar 15, 2023 6:59 pm
by mvscal
She left the board ten years ago, dipshit.
Jesus fucking Christ.
Re: SBV collapse.
Posted: Thu Mar 16, 2023 6:57 am
by Kierland
Qtards sink bank with deregulation, blame the gays.
You know, personal responsibility.
Re: SBV collapse.
Posted: Mon Mar 27, 2023 6:14 am
by 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.
Re: SBV collapse.
Posted: Mon Mar 27, 2023 7:14 am
by Kierland
You should use a bigger font.
Re: SBV collapse.
Posted: Mon Mar 27, 2023 3:06 pm
by Sven Golly
Let's hope First Citizens does a better job at picking people to manage their risk.
DIE does not work.
Re: SBV collapse.
Posted: Mon Mar 27, 2023 4:17 pm
by Sudden Sam
Sam Brinton could head up the revamped bank. He needs a job.
Re: SBV collapse.
Posted: Tue Mar 28, 2023 1:03 am
by Kierland
Sven Golly wrote: ↑Mon Mar 27, 2023 3:06 pm
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.
Re: SBV collapse.
Posted: Tue Mar 28, 2023 8:24 am
by LTS TRN 2
Sure, we thought only white guys applied...whatever.. :doh:
https://twitter.com/i/status/1638544853242978304
Re: SBV collapse.
Posted: Tue Mar 28, 2023 1:36 pm
by Kierland
How about those middies?
