AUTHOR: Randy Dobkin on 7/18/2024 FIRST: baldscreen on 7/18/2024 | RECENT: Mark Eckman on 7/20/2024
Comments
Gamblers got a raw deal with OBBBA. For 2026 and on, if I remember correctly, you can only deduct 90% of your gambling expenses, so you can win before taxes but lose after!
I didn't know TV news didn't pay well. I thought the anchors made a decent living. No regrets here having kids. We were able to save monthly in 529 plans to fully fund their college.
Here's a podcast episode on the topic, from Ed Slott & Jeffrey Levine: https://open.spotify.com/episode/0C0CfDdTmFKsR07DBLkuJu?si=2PpP8uw1SJW45ijpYlSJxQ
Comments
Gamblers got a raw deal with OBBBA. For 2026 and on, if I remember correctly, you can only deduct 90% of your gambling expenses, so you can win before taxes but lose after!
Post: Taxes Season 3
Link to comment from April 11, 2026
I didn't know TV news didn't pay well. I thought the anchors made a decent living. No regrets here having kids. We were able to save monthly in 529 plans to fully fund their college.
Post: Financial regrets about parenthood?
Link to comment from April 11, 2026
Yes, Wall Street keeps coming up with new silly things to sell us.
Post: Resist the Urge to Act
Link to comment from April 11, 2026
That was Jack Bogle.
Post: Resist the Urge to Act
Link to comment from April 11, 2026
The bar of soap quote is attributed to Benjamin Graham, according to Copilot.
Post: Resist the Urge to Act
Link to comment from April 11, 2026
Here's a podcast episode on the topic, from Ed Slott & Jeffrey Levine: https://open.spotify.com/episode/0C0CfDdTmFKsR07DBLkuJu?si=2PpP8uw1SJW45ijpYlSJxQ
Post: Blood Money
Link to comment from April 8, 2026
You won't recoup your loss with tax deductions. Only credits will do that.
Post: Tax Efficiency
Link to comment from April 7, 2026
I only use browser (in my case Microsoft Edge) generated passwords now. The longer they are, the harder they are to crack.
Post: Simplify Everything
Link to comment from April 5, 2026
My guess is individual stocks will win but a broad fund will best most others. At least there may be one lesson there.
Post: Stock Market Contest
Link to comment from April 5, 2026
Yes, someone I used to like to read has resorted to name calling, but you haven't, Dick.
Post: Where are the ladies?
Link to comment from March 27, 2026