Let's talk about money - The Finance Thread

I came across Cannon Trading, who offer a free platform and free data if you use one of their partners. My grandpa has had an account with them for awhile, so I’ll probably use them eventually. For now I’ll just mess with TD Ameritrade / ThinkorSwim. It seems they have a bad rep amongst day traders, but I just want a one stop shop to paper trade right now.

do they have a website I can link to? I googled it, but I don’t seem to be having any luck.

-Starhammer-

https://www.cannontrading.com/

Sorry, now that I read it closer, it looks like they don’t charge for the Trans Act platform, but data is probably a monthly fee after your trial is up.

bumping this for those who need it.<br><br>-Starhammer-<br>

I was hoping Whole Foods to drop to 80 but alas!  All the stocks I’m watching right are up so I’m just accumulating capital.

<blockquote class=“Quote”>
<div class=“QuoteAuthor”><a href="/profile/3199/Tekno%20Virus">Tekno Virus</a> said:</div>
<div class=“QuoteText”>I was hoping Whole Foods to drop to 80 but alas!  All the stocks I’m watching right are up so I’m just accumulating capital.</div>
</blockquote>

Go Tekno!! Get money!! <br>Go Virus!! Get paid ya’ll!!!<br><br>-Starhammer-<br>

<b id=“internal-source-marker_0.43415841460227966” style=“font-family: ‘Times New Roman’; font-size: medium; font-weight: normal;”><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>Attention all FGC members!!!  The Fighting Game Community has become a community that I love to follow, watch, and support. I only wish that I could go to all of the events and help out personally, but I know the next best thing!  </span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>How many of you would love to attend more tournaments but not worry about how much it will be for the entry fees, flight, and nights in the hotel?  If you are like me, I couldn’t really afford to go to many events during the year and I am pretty sure I will not even win when I go. Its not about winning, its all about the experience within the community and that is what I value. Fortunately, I have been working with a business that always provides the cheapest airfare possible and provides some excellent benefits, making it possible for me to come out to even more events and not have to worry about money ever again! I really want to see the FGC blow up even more throughout 2013 and years to come, and really expand the fan base within the community and Esports viewers. Seeing how hotel and flight rates fluctuate like the stock market it is essential to always get the lowest price. The patented software rate shrinker will continually on the hour search for cheaper flights and hotels and will refund you the difference every time it is ever found lower! If the FGC grabs on to this awesome opportunity we will all grow as a community and bring in more money than any stream paypal donation fundraiser ever could. The benefits are apparent to me and others within the community doing this with me, and we really want to share this with members who have trouble making events or even paying bills. The potential benefits could result in:</span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”></span><br><ol style=“margin-top: 0pt; margin-bottom: 0pt;”><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>More people attending events and more events being hosted throughout a year</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>International players can come to play more often, or we can host more international tournaments with a huge American presence</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>All profits made can be used towards entry fees, flights, hotels, food, streaming equipment, monitors, fightsticks, upcoming consoles (PS4!!!)</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>FGC community will become the number one Esports community, if we aren’t already!</span></li></ol><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”></span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>The FGC has an excellent opportunity to grow and for everyone to advance. Lets make the FGC the best in the world! Please visit </span><span style=“font-size: 16px; font-family: Arial; font-weight: bold; vertical-align: baseline; white-space: pre-wrap;”>mryan.worldventures.biz </span><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>and watch the NUMBER 2 video to get an idea of what is involved. A smart FGC will see the huge potential for the community!  Just to provide a more personal touch, feel free to email any hesitations or questions at masemaster007@gmail.com</span></b><br>

<b id=“internal-source-marker_0.4612402953207493” style=“font-family: ‘Times New Roman’; font-size: medium; line-height: normal; font-weight: normal;”><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”></span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>Attention all FGC members!!!  The Fighting Game Community has become a community that I love to follow, watch, and support. I only wish that I could go to all of the events and help out personally, but I know the next best thing!  </span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>How many of you would love to attend more tournaments but not worry about how much it will be for the entry fees, flight, and nights in the hotel?  If you are like me, I couldn’t really afford to go to many events during the year and I am pretty sure I will not even win when I go. Its not about winning, its all about the experience within the community and that is what I value. Fortunately, I have been working with a business that always provides the cheapest airfare possible and provides some excellent benefits, making it possible for me to come out to even more events and not have to worry about money ever again! I really want to see the FGC blow up even more throughout 2013 and years to come, and really expand the fan base within the community and Esports viewers. Seeing how hotel and flight rates fluctuate like the stock market it is essential to always get the lowest price. The patented software rate shrinker will continually on the hour search for cheaper flights and hotels and will refund you the difference every time it is ever found lower! If the FGC grabs on to this awesome opportunity we will all grow as a community and bring in more money than any stream paypal donation fundraiser ever could. The benefits are apparent to me and others within the community doing this with me, and we really want to share this with members who have trouble making events or even paying bills. The potential benefits could result in:</span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”></span><br><ol style=“margin-top: 0pt; margin-bottom: 0pt;”><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>More people attending events and more events being hosted throughout a year</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>International players can come to play more often, or we can host more international tournaments with a huge American presence</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>All profits made can be used towards entry fees, flights, hotels, food, streaming equipment, monitors, fightsticks, upcoming consoles (PS4!!!)</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>FGC community will become the number one Esports community, if we aren’t already!</span></li></ol><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”></span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>The FGC has an excellent opportunity to grow and for everyone to advance. Lets make the FGC the best in the world! Please visit </span><span style=“font-size: 16px; font-family: Arial; font-weight: bold; vertical-align: baseline; white-space: pre-wrap;”>mryan.worldventures.biz </span><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>and watch the NUMBER 2 video to get an idea of what is involved. A smart FGC will see the huge potential for the community!  Just to provide a more personal touch, feel free to email any hesitations or questions at masemaster007@gmail.com</span></b><br>

<b id=“internal-source-marker_0.43415841460227966” style=“font-family: ‘Times New Roman’; font-size: medium; font-weight: normal;”><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>Attention all FGC members!!!  The Fighting Game Community has become a community that I love to follow, watch, and support. I only wish that I could go to all of the events and help out personally, but I know the next best thing!  </span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>How many of you would love to attend more tournaments but not worry about how much it will be for the entry fees, flight, and nights in the hotel?  If you are like me, I couldn’t really afford to go to many events during the year and I am pretty sure I will not even win when I go. Its not about winning, its all about the experience within the community and that is what I value. Fortunately, I have been working with a business that always provides the cheapest airfare possible and provides some excellent benefits, making it possible for me to come out to even more events and not have to worry about money ever again! I really want to see the FGC blow up even more throughout 2013 and years to come, and really expand the fan base within the community and Esports viewers. Seeing how hotel and flight rates fluctuate like the stock market it is essential to always get the lowest price. The patented software rate shrinker will continually on the hour search for cheaper flights and hotels and will refund you the difference every time it is ever found lower! If the FGC grabs on to this awesome opportunity we will all grow as a community and bring in more money than any stream paypal donation fundraiser ever could. The benefits are apparent to me and others within the community doing this with me, and we really want to share this with members who have trouble making events or even paying bills. The potential benefits could result in:</span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”></span><br><ol style=“margin-top: 0pt; margin-bottom: 0pt;”><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>More people attending events and more events being hosted throughout a year</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>International players can come to play more often, or we can host more international tournaments with a huge American presence</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>All profits made can be used towards entry fees, flights, hotels, food, streaming equipment, monitors, fightsticks, upcoming consoles (PS4!!!)</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>FGC community will become the number one Esports community, if we aren’t already!</span></li></ol><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”></span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>The FGC has an excellent opportunity to grow and for everyone to advance. Lets make the FGC the best in the world! Please visit </span><span style=“font-size: 16px; font-family: Arial; font-weight: bold; vertical-align: baseline; white-space: pre-wrap;”>mryan.worldventures.biz </span><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>and watch the NUMBER 2 video to get an idea of what is involved. A smart FGC will see the huge potential for the community!  Just to provide a more personal touch, feel free to email any hesitations or questions at masemaster007@gmail.com</span></b><br>

<b id=“internal-source-marker_0.4612402953207493” style=“font-family: ‘Times New Roman’; font-size: medium; line-height: normal; font-weight: normal;”><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”></span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>Attention all FGC members!!!  The Fighting Game Community has become a community that I love to follow, watch, and support. I only wish that I could go to all of the events and help out personally, but I know the next best thing!  </span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>How many of you would love to attend more tournaments but not worry about how much it will be for the entry fees, flight, and nights in the hotel?  If you are like me, I couldn’t really afford to go to many events during the year and I am pretty sure I will not even win when I go. Its not about winning, its all about the experience within the community and that is what I value. Fortunately, I have been working with a business that always provides the cheapest airfare possible and provides some excellent benefits, making it possible for me to come out to even more events and not have to worry about money ever again! I really want to see the FGC blow up even more throughout 2013 and years to come, and really expand the fan base within the community and Esports viewers. Seeing how hotel and flight rates fluctuate like the stock market it is essential to always get the lowest price. The patented software rate shrinker will continually on the hour search for cheaper flights and hotels and will refund you the difference every time it is ever found lower! If the FGC grabs on to this awesome opportunity we will all grow as a community and bring in more money than any stream paypal donation fundraiser ever could. The benefits are apparent to me and others within the community doing this with me, and we really want to share this with members who have trouble making events or even paying bills. The potential benefits could result in:</span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”></span><br><ol style=“margin-top: 0pt; margin-bottom: 0pt;”><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>More people attending events and more events being hosted throughout a year</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>International players can come to play more often, or we can host more international tournaments with a huge American presence</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>All profits made can be used towards entry fees, flights, hotels, food, streaming equipment, monitors, fightsticks, upcoming consoles (PS4!!!)</span></li><li dir=“ltr” style=“list-style-type: decimal; font-size: 15px; font-family: Arial; vertical-align: baseline;”><span style=“vertical-align: baseline; white-space: pre-wrap;”>FGC community will become the number one Esports community, if we aren’t already!</span></li></ol><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”></span><br><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>The FGC has an excellent opportunity to grow and for everyone to advance. Lets make the FGC the best in the world! Please visit </span><span style=“font-size: 16px; font-family: Arial; font-weight: bold; vertical-align: baseline; white-space: pre-wrap;”>mryan.worldventures.biz </span><span style=“font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;”>and watch the NUMBER 2 video to get an idea of what is involved. A smart FGC will see the huge potential for the community!  Just to provide a more personal touch, feel free to email any hesitations or questions at masemaster007@gmail.com</span></b><br>

everybody flag this troll.  He won’t be going to any tourneys.<br><br>-Starhammer-<br>

e-minis are always a good gamble. A lot of people I help always give me stock tips. I mean, you can do forex, minis, puts, but you really have to be in the game so to speak.

Honestly anything you do with your money is gambling. Savings accounts and cd’s are worthless nowadays. You have to research and try some kind of active day trading to make any money, but again it is really like gambling. You have to be good at it

If you have 3-5k to do something with, it’s really just picking your poison. I mean, try online poker honestly. You can get better returns. Unless you have 100k, its not worth putting into any kind of account. Sometimes banks have cd’s available at 2-3%, but you need to know when they come out because rates like that are only offered for a month or so at a time. Even then, with 100k, your making 2-3k a year on it, and the minimum is usually 5 years :stuck_out_tongue:

You don’t need super profits to make money though. If you can find a way to make an extra $50 a day, you are making another 15-20k a year. So, even being really conservative you can make a lot more money. My uncle knows a guy that stops at $500 a day, or rather makes it his goal. I mean, $500 a day at 3/5 days out of the week is another 100k a year. Honestly be conservative though, small gains really add up over the long term. I mean, $100 per put or call is pretty much bare minimum, but if you can make even an extra $20 a day, thats like another 5k a year. You would need million in a 30 year cd to make that nowadays

Anyone ever file for chapter 7 bankruptcy and get it? What usually happens? Who wants my magic cards for $5,000? they are at least $9,000

I like what you are saying. Believe me, if I made an extra 20-50 a day, I’d be doing GREAT. Yeah, the first thing I thought about was trying to dump some cash into a CD, but that, as you have mentioned, is worthless. Right now, pulling another $12,000 per year would be a nice way to start it up. I said it before and I’ll say it again that I’m going to go the dividend route as it looks like the best way to go on a budget.

I also found a little book called 10 rules of the intelligent investor. Gonna be reading that pretty hard along with the other book I found. Here’s to getting rich bitches!!!

-Starhammer-

yo ladies and gents.

I finally got up to $2000 saved in my sharebuilder. Time to look for some stocks to invest in. As I’ve stated before, I’m looking for the extra paychecks via dividends. If luck is on my side, I might get another 10Gs that I can put into investing. It be about time to get the paper.

-Starhammer-

I’m not sure if index funds have been mentioned here. But I am definitely looking into starting one either later this year, or this year. This will be my first big investment, but I have researched investments, and I find that index funds are highly reliable.

Chevron just recently raised their dividend.

I was just reading about index funds. I may get into that, but my main want is the extra dollars per month.

-Starhammer-

I have owned stock in a mutual fund since 8/31/2010. The fund is set up to automatically reinvest capital gains.

In 2010, I had $300 in long-term capital gains
In 2011, I had $375 in long-term capital gains
In 2012, I had $175 in long term and $100 in short term capital gains

I did not make enough income to be required to file a tax return in 2010, 2011, or 2012. Next year, when/if I file a return for 2013 taxes, do I report only long-term and short term gains/losses from 2013, or all from 2010 through 2013?

In other words, do the gains from previous years carry over?

No, gains don’t carry over. Gains are taxable in the year they’re realized (i.e. when shares are sold) unless the fund is in a tax deferred account. If you were selling shares in 2010-2012, then you don’t need to report anything from those years, because they’ve already been recognized (you just didn’t report them). But if you didn’t sell shares in those years, then those figures were unrealized ‘paper gains/losses’ . It was only temporary info that doesn’t matter when calculating your gains when you actually sell.

So unless you plan on selling shares of the fund in 2013, there won’t be any gains / losses to report on your tax return. If / when you sell shares, the fund manager or your broker should provide you with a “1099” statement reporting your realized gains / losses, which you’ll report on your tax return.

If the fund generates dividend income, you’ll need to report that income on your tax return when you’re required to file. You can ignore dividend income you had in prior years that you didn’t report. The IRS already knows about it, but they can tell when it’s not enough to file a return.