princevaliantus Posted June 5, 2020 Report Share Posted June 5, 2020 On 4/7/2020 at 10:42 AM, danv3 said: Got my RCL dividends today (sold the stock one day after the dividend record date). If you owned the stock for less than 1 year, you will be paying a 22% Short-Term Capital Gains Tax. Quote Link to comment Share on other sites More sharing options...
Hutcherl Posted June 5, 2020 Report Share Posted June 5, 2020 I purchased RC @$35, Norwegian @ $11 and Carnival @ $12.50 a few weeks ago. Happy days so far. Bean79, Ogilthorpe and WAAAYTOOO 2 1 Quote Link to comment Share on other sites More sharing options...
berkeleykel Posted June 7, 2020 Report Share Posted June 7, 2020 On 6/5/2020 at 9:04 PM, princevaliantus said: If you owned the stock for less than 1 year, you will be paying a 22% Short-Term Capital Gains Tax. STCG is taxed at ordinary income rates so the actual rate varies depending on your tax bracket. Quote Link to comment Share on other sites More sharing options...
princevaliantus Posted June 7, 2020 Report Share Posted June 7, 2020 13 minutes ago, berkeleykel said: STCG is taxed at ordinary income rates so the actual rate varies depending on your tax bracket. Short-term capital gains are taxed at the same rate as your ordinary income. The rate you pay depends on your filing status and total taxable income. Here are the ordinary income tax brackets. Neesa and Ogilthorpe 1 1 Quote Link to comment Share on other sites More sharing options...
danv3 Posted June 8, 2020 Report Share Posted June 8, 2020 On 6/5/2020 at 4:04 PM, princevaliantus said: If you owned the stock for less than 1 year, you will be paying a 22% Short-Term Capital Gains Tax. Gains? LOL I wish. Quote Link to comment Share on other sites More sharing options...
Eaglelover Posted June 8, 2020 Report Share Posted June 8, 2020 I am neither a very good stock market follower nor a long-time "cruiser", but having read this blog in preparation for the Alaska trip that didn't happen (it will next spring), I decided to put some cash into what I determined to be a solid market. Y'all seemed to show me that there are a real loyal, dedicated group of folks who do cruise.. Having mentioned it to my banker son and my other son who spends his time following Army camps, they didn't heed my recommendation very well. As of today, I look like a genius (my banker son even said he didn't know I was that savvy). I just wanted to say thanks for the confidence and the advice. Even if for some reason the whole ship thing sinks, I will still be able to say I've made a lot of money at RCL! Oh, and I'll pay the tax on money that I didn't have before. - Meanwhile, I get some onboard credit! Hutcherl, WAAAYTOOO, SteveinSC and 2 others 4 1 Quote Link to comment Share on other sites More sharing options...
Hutcherl Posted June 8, 2020 Report Share Posted June 8, 2020 2 hours ago, Eaglelover said: I am neither a very good stock market follower nor a long-time "cruiser", but having read this blog in preparation for the Alaska trip that didn't happen (it will next spring), I decided to put some cash into what I determined to be a solid market. Y'all seemed to show me that there are a real loyal, dedicated group of folks who do cruise.. Having mentioned it to my banker son and my other son who spends his time following Army camps, they didn't heed my recommendation very well. As of today, I look like a genius (my banker son even said he didn't know I was that savvy). I just wanted to say thanks for the confidence and the advice. Even if for some reason the whole ship thing sinks, I will still be able to say I've made a lot of money at RCL! Oh, and I'll pay the tax on money that I didn't have before. - Meanwhile, I get some onboard credit! I am also inexperienced in the stock market. But I always believed the industry would return and recover and I really believed in RC as a company. My only regret is not buying the amount RC shares that I originally planned. When I first considered buying I only was going to buy RC as they are our brand of choice. But I decided ended up buying and Carnival and Norwegian which kinda takes the sting away from not investing as much in RC as originally planned. I also realize anything can still happen but I believe the industry getting nearer to sailing again than maybe most do. Might have something to do with our Aug. 3rd sailing on Independence! Lol WAAAYTOOO and Eaglelover 2 Quote Link to comment Share on other sites More sharing options...
Bean79 Posted June 8, 2020 Report Share Posted June 8, 2020 That is exactly why I invested in RCL. Because I believe in the company and its practices. However, I have no faith in their IT department, lol. JLMoran, SpeedNoodles, WAAAYTOOO and 2 others 5 Quote Link to comment Share on other sites More sharing options...
billdauterive Posted June 8, 2020 Report Share Posted June 8, 2020 On 6/5/2020 at 6:46 PM, Hutcherl said: I purchased RC @$35, Norwegian @ $11 and Carnival @ $12.50 a few weeks ago. Happy days so far. I was called crazy when I got in at $24, $9, and $11 back in March. Who's crazy now?! *Still me but not because of this stock purchase at least* Eaglelover, JLMoran, USCG Teacher and 1 other 3 1 Quote Link to comment Share on other sites More sharing options...
Hutcherl Posted June 8, 2020 Report Share Posted June 8, 2020 31 minutes ago, billdauterive said: I was called crazy when I got in at $24, $9, and $11 back in March. Who's crazy now?! *Still me but not because of this stock purchase at least* You are definitely killing it right now! Eaglelover and USCG Teacher 2 Quote Link to comment Share on other sites More sharing options...
DunkelBierJay Posted June 12, 2020 Author Report Share Posted June 12, 2020 With all the speculation going on and the roller coaster RCL and other cruise stocks have been on, I sold what I purchased originally and made enough for a few cruises. I am considering looking for another dip like yesterday, but the price is rebounding again...so I expect to get back in at some point. I don't recommend doing this, btw unless you are willing to take the risk...and you have a stomach of iron, or check the price only occasionally. JLMoran and Hutcherl 2 Quote Link to comment Share on other sites More sharing options...
dodgestang Posted June 14, 2020 Report Share Posted June 14, 2020 On 6/12/2020 at 12:52 PM, DunkelBierJay said: With all the speculation going on and the roller coaster RCL and other cruise stocks have been on, I sold what I purchased originally and made enough for a few cruises. I am considering looking for another dip like yesterday, but the price is rebounding again...so I expect to get back in at some point. I don't recommend doing this, btw unless you are willing to take the risk...and you have a stomach of iron, or check the price only occasionally. Markets will probably tank on Monday thanks to what happen in Atlanta on Friday night. Quote Link to comment Share on other sites More sharing options...
twangster Posted June 14, 2020 Report Share Posted June 14, 2020 2 hours ago, dodgestang said: Markets will probably tank on Monday thanks to what happen in Atlanta on Friday night. I'm sorry but this comment just leaves me saddened at so many levels the least of which involves the markets. TempoGL, KristiZ and USCG Teacher 2 1 Quote Link to comment Share on other sites More sharing options...
DunkelBierJay Posted June 14, 2020 Author Report Share Posted June 14, 2020 13 hours ago, dodgestang said: Markets will probably tank on Monday thanks to what happen in Atlanta on Friday night. probably right...I just hope the body cam video gets out there... Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.