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Kevin Slater

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Everything posted by Kevin Slater

  1. Reminder: this is a forum to discuss the markets and finance, not other posters.
  2. I would find that very hard to believe. Kevin Slater
  3. Every five to seven years, people forget that the Dow has a correction every five to seven years. Kevin Slater
  4. Inflation numbers will be suspect until we get a year away from the (previous) government shutdown. While the BLS wasn't collecting data throughout the shutdown, they simply assumed the same price as last time they checked. It'll take a full year for those acknowledged bad numbers exit the equation. Kevin Slater
  5. There's a good argument to be made that gold is now just a meme stock. Kevin Slater
  6. The formula is quite simple: a million more than you have today. Kevin Slater
  7. I believe it's the converse, actually. Non-retirement (i.e. taxable brokerage) accounts get the stepped up cost basis (as of the date of death). Distributions from traditional pre-tax accounts are taxed to the beneficiary as ordinary income, regardless of what the investments were worth at death. For Roth accounts, there is no tax consequence. Kevin Slater
  8. I exited my position when the first deal was announced. Wish I had your dilemma instead. Kevin Slater
  9. Looking at the chart, those top three clients. Kevin Slater
  10. Per annual tradition: Revenue increased 6% in 2025. 57% of 2025 revenue came from the year’s top three clients, down from 62% in 2024. Last year’s top two clients retained their spots. As I’m only seeing a small number of repeat clients, revenue per client has more than tripled in the last three years. Kevin Slater
  11. What are they? I'll be happy to remember them for you. Kevin Slater
  12. And it's not clear how this will impact one's state taxes, depending on which state he lives in. Kevin Slater
  13. nytimes.com WWW.NYTIMES.COM Kevin Slater
  14. That strikes me as the one upside: you basically are renting, but with a rent cap. After a while, that would be huge. Kevin Slater
  15. Yup, I believe that to be the case. If he wanted the socials tied to his work life, he can be the one to do it. Kevin Slater
  16. Yeah, we're not doin' politics here.
  17. Assuming you have investments that track the S&P or similar, you already hold quite a bit of NVDA (and the rest of the Mag 7). Kevin Slater
  18. What gets my goat is the article seems to put all the blame on the institution that received the shares, not on the institution that gave the assets away. I think Fidelity's 'money transfer lockdown' would prevent this scenario, though. Kevin Slater
  19. Thanks for sharing. Kevin Slater
  20. It's widely held that Amway sees more revenue from selling "business support material" (seminars, books, branded merchandise-- cult shit in other words) than actual consumer goods. Kevin Slater
  21. This forum is for discussing economic issues. Posts detailing political issues (in the US and elsewhere) have been deleted. And gents, avoid the snark.
  22. Bragging rights. Kevin Slater
  23. You might put like one charge a year on that backup card just to keep it open and in good standing. Kevin Slater
  24. You can purchase in any amount, so you could also split between the two periods. Also, I seem to think that you have a couple days to react between the announcement and it taking effect. I may be wrong. Kevin Slater
  25. Tariffs exist. Tax policy is under change. The stock market is distressed. Taking those as a given and discussing how to invest accordingly should be fine. Ascribing political motivation is not. Kevin Slater
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