Double Comma Dude
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doublecommadude.bsky.social
Double Comma Dude
@doublecommadude.bsky.social
Helping beginners & intermediates achieve financial freedom through practical tips, coaching, & resources. Matt Suzewitz, APMA™, CRPC™—Your roadmap to wealth, one step at a time. https://doublecommadude.com
Heck yea man what are you investing in?
November 27, 2024 at 11:28 PM
Whenever you sell, trade, or spend crypto, it’s subject to capital gains tax. With that said, losses can offset gains—but with Bitcoin’s recent run-up, I’m sure not many people have losses. 😏 I use Coinbase; they do a great job tracking all taxable events for me.
November 27, 2024 at 10:08 PM
Great to meet you too, brother! I hear you—a triple will definitely be more challenging than a double, but I can see 9-0's as a possibility. Unless, of course, they figure out how to make us live longer…lol. Cheers to big goals and bigger wins!
November 27, 2024 at 7:46 AM
Hopefully ET to the moon for you! 🚀 I bet those dividends are treating you well—nothing like a steady income stream.
November 27, 2024 at 2:19 AM
That’s exactly why I rebalance annually—to keep things simple. However, if crypto balloons up to a 15% allocation during the year, that’s a risk I’m not comfortable with. Overexposure can be a real problem, so rebalancing helps me stay disciplined. Do you invest in crypto yourself?
November 27, 2024 at 2:17 AM
That’s awesome, Clint! My uncle’s in ET and asks himself the same question. My approach is more index fund-based for simplicity, but I do own two individual stocks: ASTS and JOBY. What about you—are you more into individual stocks or broader funds?
November 27, 2024 at 2:09 AM
Hey Clint, I rebalance annually or whenever my allocation exceeds the 10% threshold. How about you? Do you stick to a set schedule, or adjust based on market movements?
November 27, 2024 at 2:07 AM
Good luck for sure. I am in the same boat I guess, but the truth is I am just doing this because I am having fun so if the money doesn't come it's not a big deal.
November 26, 2024 at 11:52 PM