Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!
fris

fris

Vyemm Raider
2,159
2,477
image001.png



Pltr is my ride or die. I bought any time if IPO. I regret not buying more when it dipped before for awhile.
 
  • 2Like
Reactions: 1 users
Mist

Mist

REEEEeyore
<Gold Donor>
31,202
23,397
I see the usual suspects have shitted up one of the few decent threads on this website.
 
  • 2Solidarity
  • 2Truth!
  • 1Worf
Reactions: 6 users
Zzen

Zzen

Potato del Grande
2,887
3,589
Mist said:
I see the usual suspects have shitted up one of the few decent threads on this website.
Click to expand...

Genuinely surprised that Folder is allowed to larp in here.

Agaysar makes Shonuff look like Druckenmiller.
 
  • 1GreNeg
Reactions: 1 user
Indyocracy

Indyocracy

Stock Pals Participant
<Gold Donor>
1,111
5,195
Zzen said:
Genuinely surprised that Folder is allowed to larp in here.

Agaysar makes Shonuff look like Druckenmiller.
Click to expand...
Say what you want but Araysar Araysar has made me money. I got into Stock Pals expecting gay porn memes and juice... ended up with tendies
 
  • 1Double Worf
  • 1Solidarity
Reactions: 1 users
Araysar

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
<Gold Donor>
80,157
160,366
Zzen said:
Genuinely surprised that Folder is allowed to larp in here.

Agaysar makes Shonuff look like Druckenmiller.
Click to expand...

How's your P+L looking like in March?

Mine needs updating. It should be $2600 for today, not $2000

1709834148914.png
 
  • 1Mother of God
Reactions: 1 user
Araysar

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
<Gold Donor>
80,157
160,366
Zzen said:
Genuinely surprised that Folder is allowed to larp in here.

Agaysar makes Shonuff look like Druckenmiller.
Click to expand...

Oh he called me aGAYsar, thats a new one.

Just noticed.
 
Bandwagon

Bandwagon

Kolohe
<Silver Donator>
24,280
65,284
So. My company is being acquired. Some of our stock is being converted to ownership in the new company and some of it is being cashed out (and we don't have the option to deviate from those percentages at this time).

My cash out is something in the ballpark of $200k. What can I do to keep from getting ass raped by Uncle Sam so he can buy more bombs for Gaza?
 
  • 2Like
  • 2Tendies
  • 1Thoughts & Prayers
Reactions: 4 users
Araysar

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
<Gold Donor>
80,157
160,366
Bandwagon said:
So. My company is being acquired. Some of our stock is being converted to ownership in the new company and some of it is being cashed out (and we don't have the option to deviate from those percentages at this time).

My cash out is something in the ballpark of $200k. What can I do to keep from getting ass raped by Uncle Sam so he can buy more bombs for Gaza?
Click to expand...

Nothing. He will rape you regardless.

You might lessen the rape by selling the stock and moving the money to index funds tied to S&P 500, etc. to keep up with the market, this will get you much farther ahead in the long term. This is assuming your company's stock performance isn't beating S&P 500 every year.

P.S. congrats on your mega tendie windfall.
 
  • 4Like
  • 1Truth!
Reactions: 4 users
Araysar

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
<Gold Donor>
80,157
160,366
Zzen said:
Jebus. Now I see why Blazin Blazin posts here less often.
Click to expand...

We do pre-market prep, call out likely winners and likely losers, point out stocks to stay away from, share info and help each other succeed.

We're not trading snobs and we make money by carefully managing risk, setting manageable goals and taking good plays. Stock Pals is not a penny stock gambling ring or some degen casino.

We are happy to share our info and tips with anyone who wants to ask for them.
 
  • 1Like
Reactions: 1 user
Indyocracy

Indyocracy

Stock Pals Participant
<Gold Donor>
1,111
5,195
Bandwagon said:
So. My company is being acquired. Some of our stock is being converted to ownership in the new company and some of it is being cashed out (and we don't have the option to deviate from those percentages at this time).

My cash out is something in the ballpark of $200k. What can I do to keep from getting ass raped by Uncle Sam so he can buy more bombs for Gaza?
Click to expand...
That's a lot of money, I would get a professional to take a look.

There has to be a tax shelter of some kind you can use, rich people pay for laws for a reason heh
 
  • 1Like
Reactions: 1 user
Bandwagon

Bandwagon

Kolohe
<Silver Donator>
24,280
65,284
Araysar said:
. This is assuming your company's stock performance isn't beating S&P 500 every year.
Click to expand...
Thanks. Apparently it is. I don't even really remember what that means, but my ex's brother does investing and he said that when he was first helping me look at the offer.
 
  • 1Like
Reactions: 1 user
Araysar

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
<Gold Donor>
80,157
160,366
Bandwagon said:
Thanks. Apparently it is. I don't even really remember what that means, but my ex's brother does investing and he said that when he was first helping me look at the offer.
Click to expand...

If this company is really beating S&P 500, then you have some options.

1. You can keep it as is and just let it ride if you have faith in the new company doing well.
2. If you want to take some money off the table for yourself, I would make sure that you've held the old and new stock for at least a year combined to get the lower capital gains rate when you sell (15% vs. 22-32%, depending on your income tax bracket)
3. Whatever you decide to do with the remainder of that money, I would suggest moving into an index fund to beat inflation and reduce risk.

At some point if you want a part of that money to use, the Feds will take their share when you turn it into cash.
 
Bandwagon

Bandwagon

Kolohe
<Silver Donator>
24,280
65,284
Araysar said:
If this company is really beating S&P 500, then you have some options.

1. You can keep it as is and just let it ride if you have faith in the new company doing well.
2. If you want to take some money off the table for yourself, I would make sure that you've held the old and new stock for at least a year combined to get the lower capital gains rate when you sell (15% vs. 22-32%, depending on your income tax bracket)
3. Whatever you decide to do with the remainder of that money, I would suggest moving into an index fund to beat inflation and reduce risk.

At some point if you want a part of that money to use, the Feds will take their share when you turn it into cash.
Click to expand...
The cash-out as part of the acquisition is not an option. All of us are converting x% to stock in the new company, and being cashed out y%. No matter what, I am getting a check for y% in my mailbox.

So If I want to avoid some tax and reinvest it, I just need to make sure to do it in the same fiscal year....correct?

I'm meeting with my accountant next week anyways, just wanted to poke around on the topic a bit first
 
Araysar

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
<Gold Donor>
80,157
160,366
Bandwagon said:
The cash-out as part of the acquisition is not an option. All of us are converting x% to stock in the new company, and being cashed out y%. No matter what, I am getting a check for y% in my mailbox.

So If I want to avoid some tax and reinvest it, I just need to make sure to do it in the same fiscal year....correct?

I'm meeting with my accountant next week anyways, just wanted to poke around on the topic a bit first
Click to expand...

Oh you're just talking about the cash out part. I thought you were talking about strategy for the money as a whole.

I'd talk to your accountant and the HR at your company to find out the recommended way forward because a lot of it will depend on how that payout will be structured and categorized by your company. It will also depend on how the current shares are categorized such as RSUs, etc.
 
  • 2Like
Reactions: 1 users
Foler

The_Black_Log Foler

PalsCo CEO - Stock Pals | Pantheon Pals
<Gold Donor>
47,698
42,927
Bandwagon said:
The cash-out as part of the acquisition is not an option. All of us are converting x% to stock in the new company, and being cashed out y%. No matter what, I am getting a check for y% in my mailbox.

So If I want to avoid some tax and reinvest it, I just need to make sure to do it in the same fiscal year....correct?

I'm meeting with my accountant next week anyways, just wanted to poke around on the topic a bit first
Click to expand...
so from my experience with RSUs you’ll have the option to sell a portion of your shares to cover federal withholding. I did that for my last grant. I can’t remember the exact benefit if any. I will say it’s painful the amount they take so just prepare yourself for the sticker shock the feds steal from you. 🫤
 
You must log in or register to reply here.