2026 investments

[ricochet]

Good gain, but that is pretax.

Why are you assuming he has to pay tax on that profit?

 

[dmclone]

You will only pay 22% on one dollar

Yeah, that's my point

 

[Mr.G.Spot]

Hasn't he only sold small amounts of TSLA to cover tax obligations and the 2021 acquisition of Twitter (X)?

I doubt he is looking to sell shares (outside of small tax obligations) in a company he controls 85% of. If he sells shares, i'd bet it would be Tesla. Although, I still think a Tesla and Space X merger happens before 6/2027

I agree with u on all points. He's believed to be the largest individual taxpayer in US history.

 

[BCClone]

There are people who put their life savings into that thing. Retail “investors” with no idea what’s going on are getting crushed.

Putting your life savings or too big of anything into something you have no control of is not a wise decision, period.

 

[dahliaclone]

I agree with u on all points. He's believed to be the largest individual taxpayer in US history.

Thanks for your insights on this Elon

 

[3TrueFans]

Putting your life savings or too big of anything into something you have no control of is not a wise decision, period.

Mattresses only for this guy's cash.

 

[CycloneDaddy]

Putting your life savings or too big of anything into something you have no control of is not a wise decision, period.

Buddy did it with AMD and just retired at 47.

 

[BCClone]

Buddy did it with AMD and just retired at 47.

There are always outliers. Was his wife happy?

 

[CycloneDaddy]

There are always outliers. Was his wife happy?

Multi millionaire with billionaire taste … has never had a girlfriend.

 

[BCClone]

Multi millionaire with billionaire taste … has never had a girlfriend.

The last part is why he retired at 47 not the stock investment

 

[Mr.G.Spot]

There are people who put their life savings into that thing. Retail “investors” with no idea what’s going on are getting crushed.

If you are under 30, no kids, and no mortgage, I think that would be a good investment/strategy.

 

[Mr.G.Spot]

Why are you assuming he has to pay tax on that profit?

Three options:

*If owed, he does not have to pay....illegal, but i guess it’s an option

* If he can offset against short term losses by 100%, then no taxes.

* If partially offset or no offset, then wire the computed taxes on 4-15 of the following year.

 

[ricochet]

Three options:

*If owed, he does not have to pay....illegal, but i guess it’s an option

* If he can offset against short term losses by 100%, then no taxes.

* If partially offset or no offset, then wire the computed taxes on 4-15 of the following year.

How about if it is in a Roth? There is also the 0% capital gains bracket but I think that has to be long term gains which obviously this isn't.

 

[Mr.G.Spot]

How about if it is in a Roth? There is also the 0% capital gains bracket but I think that has to be long term gains which obviously this isn't.

He said "I bought/sold" and didn't specify Roth.

 

[dmclone]

I bought it in my brokerage, I have a feeling I'll be able to offset my gains by selling some of my BTC, which is down 45%.