My financial advisor said that a change in tax code can be made retroactive, so if they do pass the new capital gains tax, they could make it effective January 1st.
Sorry to burst everyone’s bubble, but this only amounts to .4% of his total ownership. It makes sense to profit off this while the stock is at a high point. It might be a lot in actual shares, but nowhere near “dumping”
Closed my account awhile ago.
Also left JP Morgan Chase for a Credit Union.
Service and options are so much better.
Now, is there a brokerage that can be trusted and depended upon? I have not found any yet.
I would classify this as a nothing burger. Executives at companies typically get shares of stock either through grants or options. It's part of their salaries. As soon as those stocks are vested they typically move them especially if the company is doing well. It's a constant cycle of selling as they vest over time.
Doesn't matter to us we cashed everything out except retirement accounts after election was stolen. Would cash those too if penalties didn't hit us. Stopped contributing instead.
Market will crash when the bill for Biden's handouts arrive.
Either way rather cash out than take any gains it's blood money at this point.
Also can someone research if Klaus Schwab from the world economic forum got anything to do with Charles schwab.
That´s defiantly a takedown target if I ever has seen one
Yes much love!
Harvesting before Ziden Cap Gains tax next year steals half their sales profit. I'd do the same thing.
My financial advisor said that a change in tax code can be made retroactive, so if they do pass the new capital gains tax, they could make it effective January 1st.
Nop transfer to fidelity or vanguard asap
This im not sure about you need to look into this yourself.
Sorry to burst everyone’s bubble, but this only amounts to .4% of his total ownership. It makes sense to profit off this while the stock is at a high point. It might be a lot in actual shares, but nowhere near “dumping”
Thats correct but they will have access to insider information. The last time CEO´s and chairman of a bank board sold everything was in 2007-2008.
Why take any chances?.
Closed my account awhile ago. Also left JP Morgan Chase for a Credit Union. Service and options are so much better. Now, is there a brokerage that can be trusted and depended upon? I have not found any yet.
GME to the moon?
I would classify this as a nothing burger. Executives at companies typically get shares of stock either through grants or options. It's part of their salaries. As soon as those stocks are vested they typically move them especially if the company is doing well. It's a constant cycle of selling as they vest over time.
Wonder if this has anything to do with GME
We can only hope! ??
Doesn't matter to us we cashed everything out except retirement accounts after election was stolen. Would cash those too if penalties didn't hit us. Stopped contributing instead.
Market will crash when the bill for Biden's handouts arrive.
Either way rather cash out than take any gains it's blood money at this point.
It looks like the price may drop to 55-58. My first guess is they also see this and will buy back at that price.
if the chairman of the board and CEO sells everything then you leave right now! Move to another bank asap dont take the chance
hmmmmmm