2021 Stock Market
- Thread starter SoapyCy
- Start date
I have one, basically to open my eyes to other stuff and options. Do most of my own though.
Not really. But in terms of my comment about the weed stock, I did get that information from a family friend who owns a large wealth management services company and does my parents and brothers business taxes as well. Dude is ridiculously smart
I use a financial advisor for anything substantial past my 2 maxed out Roths per year for my wife and I, I will use Etrade for the fun money though. Had a really good 2020 on my own between ENPH, PLAY, TESLA and some airlines.
Hotels will come back at some point. As for commercial, it depends on where the concentration is. If it's a REIT that deals with office space, I wouldn't touch it with a 10 foot pole. Companies are figuring out they can save on rent, property taxes, and other occupancy costs with no decrease in productivity. There's going to be a glut coming, especially if the incoming administration makes it less advantageous to invest capital.
I've owned NLY for several years and it's remained relatively stable. It's a mortgage REIT and I consider it the best of all mortgage REITs.
Unnecessary for anyone that can successfully use the internet in this day an age imo.
I bought plug last January. I’ve bought on the way up and am averaged at $18 on 3k shares. Holding out for $1000/share and I’m retiring.
All in on Boeing in 2021 and will continue to buy into it - Eventually there won't be anymore planes to crash and the stock will head straight to the moon.
I am all in on TITTIES
Travel, Information Technology, Transportation, IPPs, Entertainment, and Semiconductor
Travel, Information Technology, Transportation, IPPs, Entertainment, and Semiconductor
This is something that I've been thinking about quite a bit. I think it's been a combination. I think there had been real economic gains and strong performance in many (if not most) industries for several years now, but maybe a little overstated by the effect you describe.
The massive increases in deficit spending - not good previously, not improved under the current administration, then exploded by COVID are actually probably going to continue/worsen due to a potentially more 'govt-spending friendly' administration.
On one hand, I'm concerned about more true headwinds coming for business, but on the other - as future company earnings will also be growing in raw $ due to inflation / lower $ valuations, the share prices will keep climbing - so I need to stay in equities anyway. I suppose a long recession will have a much higher impact than inflationary forces, but I'm not confident enough in that happening to go to cash in a big way.
TL;DR - Stock prices 'inflate' with inflation, too, all other things being equal.
Aren't taxes on capital gains on REIT's different? For some reason I am thinking/remembering they are taxed at higher rate.
You may be waiting a while if you are holding onto the stock until it gets to $1000/share lol
Yes, most REIT dividends are taxed as regular income unless the REIT or tax payer meet one of a couple conditions.
One of the most common exclusions is if you are investing in the REIT through an IRA, I believe it is possible to avoid the taxes altogether in that situation. I don't know the specifics on how that works though.
I would say the dividends are taxed as rental income, since that is what they are. The capital gains, that he asked about, are taxed at regular capital gains rates.
