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Kevin Slater

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Everything posted by Kevin Slater

  1. 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
  2. There's a good argument to be made that gold is now just a meme stock. Kevin Slater
  3. The formula is quite simple: a million more than you have today. Kevin Slater
  4. 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
  5. I exited my position when the first deal was announced. Wish I had your dilemma instead. Kevin Slater
  6. Looking at the chart, those top three clients. Kevin Slater
  7. 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
  8. What are they? I'll be happy to remember them for you. Kevin Slater
  9. And it's not clear how this will impact one's state taxes, depending on which state he lives in. Kevin Slater
  10. nytimes.com WWW.NYTIMES.COM Kevin Slater
  11. 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
  12. 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
  13. Yeah, we're not doin' politics here.
  14. 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
  15. 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
  16. Thanks for sharing. Kevin Slater
  17. 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
  18. This forum is for discussing economic issues. Posts detailing political issues (in the US and elsewhere) have been deleted. And gents, avoid the snark.
  19. Bragging rights. Kevin Slater
  20. You might put like one charge a year on that backup card just to keep it open and in good standing. Kevin Slater
  21. 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
  22. 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
  23. Did you mean to post this in Ask a Moderator?
  24. Moderator's note: This thread is specifically about the current market's effect on hiring. Discussion of investing in general belongs in the finance forum.
  25. Moderator's warning: steer well clear of politics (and trolling) in the finance forum. While it's difficult and maybe even counterproductive to discuss investing and economics without plumbing political matters, error on the side of less expression and less politics. There are certainly other forums out there without such restrictions available elsewhere. Thanks.
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