All Forum Posts by: Chris Breezy

With all due respect

Can someone else confirm this please before I sell my losses

I make 100k salary. I have about 3k in taxable income from stocks and I’m trying to understand how much of my losses I should sell off.

I know the irs limits your losses to 3k per tax year. So I’m my situation can I take 6k in losses (3k to offset my other 3k in gains and then 3k off my income) or does it not work that way and I can only accept 3k in losses 

Hi so I’m going on a cruise in a few months and it’s gonna be quite costly. I’m trying to credit card hack and get the best in return.I have a American Express blue card which gives me money back on a lot of purchases but not specifically a cruise. Just trying to see if anybody here got good credit card hacking ideas

Would a 457 be tax deductible 

I work for NYC so no match. Also yes I have healthcare provided 

I’m 26 and I’m all about personal finance and investing. I have a good amount of money that invest in stocks and I also max out my Roth ira every year. My job provides a pension and annuity for retirement so this would just be extra. Any benefit for me other then saving more for retirement ?

Not being real estate, what’s his best move with this money. With his retirement he is comfortable to live but he’s trying to really use this to his advantage. He asked me and I didn’t have a great answer so I’m here.

initially I thought put it right in index funds that are low currently but then I thought maybe starting a Roth IRA for him or his wife who still works might be better since after 59 1/2 it will be tax fee. Thoughts , ideas will be appreciated

I received big dividends in my Ira at the end of the year, About 1200. But then I look at my Roth and I’m confused as to where that money went. Does that 1200 count as 1200 of the allowable 6k towards the new year 2022

@Brandon Cohen I absolutely get that and this is them doing me a favor by letting me get any appreciation.