How To Deal With Stock Market Losses!?
Вставка
- Опубліковано 10 лип 2024
- How To Deal With Stock Market Losses?!
If you stick around this investment game for any period of time your bound to take some Losses along the way! In this video we level set and give some practical advice on how to deal with this!
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🏦 BEST BROKER FOR TRADING 🚀🌚💸:
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Time Stamps
0:00 Introduction
1:29 Capital Losses
2:36 Opportunity Losses
3:31 Missed Profit Losses
4:46 Paper Losses
5:52 The Best Thing To Do
6:25 Tax Treatment
7:44 Conclusion
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DISCLAIMER: I am not a financial adviser but fortunately I am a CPA :). These videos are for educational and entertainment purposes only and should not be taken as "individualized" tax advice. Should you need tax solutions I highly recommend consulting with a professional or our CPA Firm. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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🚀 Learn How To Slash $30K Off Your Taxes Without Being A “Tax Expert” Or Spending Money On An Expensive CPA!
Free Strategy Session: www.thetaxonomics.com/strategy
🏦 BEST BROKER FOR INVESTING AND TRADING 🚀🌚💸:
www.interactivebrokers.com/mkt/?src=brianriveray&url=%2Fen%2Findex.php%3Ff%3D1338
⭐Schedule a Trader Tax CPA Consultation! (Limited Availability)
calendly.com/tradertaxcpa/
Opportunity cost is such a real thing and I’ve experienced it so badly the past twelve months! 🤦🏻♂️ Thanks Brian for this video 👌🏼
All good man recognize and press on!
Great timing and share, nailed it again!
Nice tip on that mark to market.
Brian always love your videos you are so precise and the way you explain things are so easy to understand!
Brian, new trader here, thanks for the advice. I had no idea about the mark-to-market option.
Is there any negative to electing mark to market?
Yes - no more long term capital gains
Hi sir
Thank you so much for teaching us the simple way
I have a question
I lose 350000 dollars in 2022 in stock market
And i gain 300000 dollars in 2023 in stock market
Can i detect the losses of 2022 ? If so that means im not going yo pay taxes for 2023 gain and still have 50000 dollars losses
Thank you in advance
Hi Brian! I’m a newbie day trader and blew up my account last year 2022. Loss 10k😥 and did not made any money at all last year from trading.
Do I still have to include that when I file my tax?
You can claim $3000 loss as an individual as far as I know . But ask your accountant
❤❤❤
Man…loses or losses. Need an editor manggg. Lol
Good catch ty!
@@BrianRiveraCPA You bet amigo! Keep up the great content. You are great at what you do!