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I am in the planning stages

Posted on: January 4, 2021 at 10:46:44 CT
meatiger MU
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I have taken some gains off of some stocks, and sold off some losers. And will have more cash this year to invest.

For commodities, I have generally used a traded ETF (like USO, GLD or UNG). those are obviously subjected to taxes.

I know bitcoin has one (GBTC).

Those are easy to trade as they are in my brokerage account...obviously they are less efficient as you are paying some fees and they don't match perfectly, but easy.

so this is just part of that exploration.

Things with volatility can actually be quite good as part of an investment portfolio.
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tax question on cryptocurrency - meatiger MU - 1/4 10:21:44
     be sure to keep immaculate records - Joeboo MU - 1/4 10:55:14
          If that is the case - meatiger MU - 1/4 10:58:35
     it's subject to capital gains tax - zoomer 99 - 1/4 10:26:28
          RE: it's subject to capital gains tax - *M* KC - 1/4 10:28:58
               I am in the planning stages - meatiger MU - 1/4 10:46:44
                    i was looking for ways to short bitcoin - phrejd MU - 1/4 12:04:51
                         For me, it is about the next few years - meatiger MU - 1/4 12:16:24
                              it will crash (again) and flounder for a few years (again) - phrejd MU - 1/4 12:20:44
          What if you are paid and buy things in bitcoin - meatiger MU - 1/4 10:28:45
               If you are paid in bitcoin, then you reconcile the - Joeboo MU - 1/4 10:57:49
                    So the government just sees crypto currency as - meatiger MU - 1/4 10:59:41
                         yes, they are treated as securities for tax purposes (nm) - ashtray UF - 1/4 11:55:09
               Some exchanges want your state ID - zoomer 99 - 1/4 10:39:57
     Let's see what the experts have to say about it - *M* KC - 1/4 10:26:23
          none of those address currency(nm) - meatiger MU - 1/4 10:29:43




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