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Vaampire

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15 minutes ago, sri_india said:

neenu chepindi idhe kadha .....  

Deene medha details last year idhe thread lo vesaa bro with examples around ....you can carry forward remaining losses .... Let's say you have 30000 losses , 3k this year and 27k carry forward , next year 40k profits ... 40k -27k losses from last year = 13k profits for tax that year

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1 hour ago, dkchinnari said:

Deene medha details last year idhe thread lo vesaa bro with examples around ....you can carry forward remaining losses .... Let's say you have 30000 losses , 3k this year and 27k carry forward , next year 40k profits ... 40k -27k losses from last year = 13k profits for tax that year

What's wrong in this ....

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There is a lot of FUD in the market, bears are full on it, this is a cycle - look at BABA, they drove the stock to $110 with all that FUD and now they are pumping it - all of a sudden the narrative is that Chinese stocks are good as china is not impacted by inflation. Charles Munger doubled down on the stock purchasing 600,000 shares and it all of a sudden became a good stock.

 

I observed a pattern usually when the market is contracting on any news, they double down on it driving it further lower, once the cycle ends they keep driving up, usually the losers are the weak hands who sell low buy high. Think logically why would Fed or government want stock market to be bad, they will take a balanced approach, whenever they feel stocks are tanking they counter it with a favorable move as feds/government has 30 trillion deficit to recover. 

 

Brave through the turmoil but the markets will be bounce back. Last year Feb to June was a bear market, July to Sept/oct was a bull market , nov - currently it is a bear market. I am assuming 2022 will have it’s phases of bull periods where the stocks will reach higher highs before getting pulled back again.

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1 hour ago, sri_india said:

What's wrong in this ....

how can you show 27k losses. am i missing something :( 

 

next year 40k profits ithe...40k-3kloss=total 37k profits kada :D

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5 minutes ago, dkchinnari said:

how can you show 27k losses. am i missing something :( 

 

next year 40k profits ithe...40k-3kloss=total 37k profits kada :D

Last year vi 27k losses carry forward ayinavi kadha..... Eee year 40k - 27k last year losses  ....... Neee next profits or losses only after you deduct all your losses ..... If your net losses more than 3k , tax purposes you can only show 3k and remaining carry to next year

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11 hours ago, sri_india said:

Last year vi 27k losses carry forward ayinavi kadha..... Eee year 40k - 27k last year losses  ....... Neee next profits or losses only after you deduct all your losses ..... If your net losses more than 3k , tax purposes you can only show 3k and remaining carry to next year

gotcha

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9 hours ago, Netflixmovieguz said:

3200 bro. Be llo unnanu

Adhi akkadey kottukuntundi. In a way happy ley crash kananduku. Tough weeks ahead for crypto.. play safe

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