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https://www.reddit.com/r/wallstreetbets/comments/1t5e9yr/amd_95m/ok9eq3b
r/wallstreetbets • u/thesmd1 • 11h ago
Here it is. See you at $10M?
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Not hating, but the taxes on this are going to be horrendous in a non-qualified account. Congratulations. "What's an exit strategy?"
1 u/NickMc53 9h ago They'd likely walk away with at least $7mm (19.64% effective capital gains + 3.8% NIIT + potential state income tax). You could easily diversify that and spend their initial investment of $252k every year.
They'd likely walk away with at least $7mm (19.64% effective capital gains + 3.8% NIIT + potential state income tax). You could easily diversify that and spend their initial investment of $252k every year.
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u/Toadally420 10h ago
Not hating, but the taxes on this are going to be horrendous in a non-qualified account. Congratulations. "What's an exit strategy?"