How it will feel to turn my $162,000 net worth into $1,233,908 by 2035
You know how I’m going to do it?
THE S&P500
NOT SINGLE STOCKS
Be the lone wolf outlier 🐺
What’s the most money you won on a single trade and what’s the most you lost on a single trade?
I’ll go first +$39,000 (Trump Tariff news), -$22,000 $SPX end of day 😵💫
Today is the 3rd day of testimony in the #KarmeloAnthony trial. More updates later, but let's remember that he was a regular teenager before the events that took place last April.
I knew a kid just like Karmelo. He was from a rough part of town and was parachuted into our selective school on a scholarship. He wasn't a moron but he just couldn't keep up academically and it severly wounded him and his self esteem. He probably also had insecurities from the other direction - about being soft and not a real 'gangster' like the kids he grew up with. I saw him transform over the course of a year from a friendly enthusiastic kid to a frustrated wreck and eventually someone who adopted a wannabe gangster persona to cover up those anxieties. Bringing drugs to school, being very combative, amateur rap career. I think he dropped out and had a kid very young. He probably could have gone a different direction. His old school had left him too far behind to catch up with his personality traits.
Karmelo went to a school that was majority Asian. One of the best schools in the state. Supporters state he was a 'good student' but we all know for black kids that just means showing up to class. He posed with stacks of cash and guns. He adopted thug touch me and you die culture. I wouldn't be surprised if he was part of some special diversity scholarship. He probably wasn't a moron. But too smart for the dumb kids and too dumb for the smart kids.
A married couple can pull $131,100 from their brokerage account in 2026.
Federal tax bill: $0.
This is completely legal. It’s just buried in the tax code: