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Old Apr 20, 2023 | 02:11 PM
  #1726  
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Originally Posted by AMIRZA786
No spare cash to sit on, unfortunately
You should always have about 1/3 worth of cash in your accounts ready. I wonder if it was down to the earning or the spaceX explosion. Either way, I think I can risk a little.
Old Apr 20, 2023 | 02:19 PM
  #1727  
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Originally Posted by 1111GS
You should always have about 1/3 worth of cash in your accounts ready. I wonder if it was down to the earning or the spaceX explosion. Either way, I think I can risk a little.
I have some cash in a savings account, but that's for emergencies and therefore not for investing
Old Apr 20, 2023 | 02:28 PM
  #1728  
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Buy on margin!!! Free money! can't lose!!!

Old Apr 20, 2023 | 02:36 PM
  #1729  
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Originally Posted by LeX2K
Buy on margin!!! Free money! can't lose!!!
Umm...yeah. No thanks
Old Apr 20, 2023 | 02:38 PM
  #1730  
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Originally Posted by AMIRZA786
Oh yeah, forgot to mention that . My daughter who just bought a Bolt (which qualifies for the tax credit) probably won't get it because she doesn't make enough money therefore doesn't have enough tax liability
Can she roll over for the year after?
(I'm really bad at this)
Old Apr 20, 2023 | 02:38 PM
  #1731  
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Originally Posted by AMIRZA786
Umm...yeah. No thanks
You've never been tempted? My trading platform will loan me a silly amount of money just like that.
Old Apr 20, 2023 | 02:41 PM
  #1732  
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Originally Posted by Longevite1
Can she roll over for the year after?
(I'm really bad at this)
We would have to consult a tax expert. Maybe @patgilm can answer that question?
Old Apr 20, 2023 | 02:46 PM
  #1733  
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Originally Posted by LeX2K
You've never been tempted? My trading platform will loan me a silly amount of money just like that.
No, margin trading is for someone who knows what they are doing. I'm not that someone
Old Apr 20, 2023 | 03:39 PM
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I've never heard of that and that's a bad thing to do to have your net worth decline so much due to inflation...

Originally Posted by 1111GS
You should always have about 1/3 worth of cash in your accounts ready. I wonder if it was down to the earning or the spaceX explosion. Either way, I think I can risk a little.
Old Apr 20, 2023 | 03:41 PM
  #1735  
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“The best service is no service:” How Tesla’s business model will change the car industry






https://thedriven.io/2023/04/20/the-...-car-industry/
Old Apr 20, 2023 | 03:42 PM
  #1736  
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Originally Posted by RXSF
^^ Youre right, that was quite enjoyable.
Im adopting his style of questioning at work too, when someone is full of it, you just need to ask a few simple questions and then let it unfold !
Old Apr 20, 2023 | 03:50 PM
  #1737  
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Originally Posted by ST430
I've never heard of that and that's a bad thing to do to have your net worth decline so much due to inflation...
Most of my money is either in my home or investments. I keep a small amount of emergency cash in savings, so I agree with you, 1/3 is lot of money that is either collecting a very pitiful amount of interest or none at all. Of course with the markets the way they are right now, my portfolio is looking a little "down" these days
Old Apr 20, 2023 | 04:32 PM
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This is why certain auto makers are so resistant to electric vehicles their cash cow service and parts business is all but gone.
Old Apr 20, 2023 | 05:33 PM
  #1739  
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Originally Posted by 1111GS
You should always have about 1/3 worth of cash in your accounts ready.
no idea where you got this pearl of wisdom from. now i have heard of having at least 3 months of living expenses in liquid form just in case.
most people sadly couldn't get far beyond one missed paycheck.
Old Apr 20, 2023 | 10:13 PM
  #1740  
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Originally Posted by AMIRZA786
We would have to consult a tax expert. Maybe @patgilm can answer that question?
No tax expert here, only large corporate accounting. Sorry, can’t help you there.



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