LC

@Shrimp_a_Whales Galaxy the bigger opportunity…still keeping the faith 🙏🏼

@therealLCWOLF Good choice, may we all get rich

$FWDI onwards and upwards 😅 $GLXY

@squawksquare Homer Simpson designed a better looking car 🚙

Based on the new Jonny Ive designed Ferrari EV, I got my hands on the new design for the upcoming AI phone he and the team have been working on over the past year for OpenAI. $RACE $TSLA $AAPL

@colemroz @FriendlysScraps @liberalcapkjpp @Redhead360 @MissJilianne Is that’s true why did Biden bother to pardon his “innocent” family? Here’s some free advice: when you find yourself in a hole 🕳️ you should stop digging 🪏 😆

@therealLCWOLF @FriendlysScraps @liberalcapkjpp @Redhead360 @MissJilianne And the supreme court said presidents can do watever they want. Y should any of us care about biden?

As a Democrat, I can admit I’ve been voting wrong. Look what Mayor Karen Bass has allowed to happen to Hollywood Boulevard. It’s not only disgusting, it’s an embarrassment. It’s much worse than the picture depicts.

@Wizardofdigi19 He literally said companies are “racing” to make a deal 🏃‍♀️ I guess that race is a marathon not a sprint 😳

Not going to be good for $glxy with another week of no news despite promises of multiple big "cool" new ones "soon". Market does not look kindly on this mgt misguidance.

@FriendlysScraps @liberalcapkjpp @Redhead360 @MissJilianne Biden literally pardoned his entire criminal family as he walked out the door but all the libs choose to ignore that 😆

@liberalcapkjpp @therealLCWOLF @Redhead360 @MissJilianne NFTs? What year do you think it is boomer?

@GodisAmerican1 @stephenasmith He need that scalp tattoo to give him a hairline like Kenny the jet 😳

@stephenasmith Nigga let that shit go. It’s been time.

We Going to the Finals! We going to the Finals!!!

@washghost1 This is what happens when the airlines don’t coordinate an orderly exit off the plane. They should deplane by row starting in the front and all this nonsense would be avoided instead of a free for all

Good on him for calling her out

@SawyerMerritt Homer Simpson designed a better looking car 🚙

Never thought I'd say this about a Ferrari, but this is one of the ugliest EV designs ever, and it can be all yours for $640,000 lol

@Sendarbi @liberalcapkjpp @Redhead360 @MissJilianne Liberalism is a mental disorder. They will never get it

@liberalcapkjpp @therealLCWOLF @Redhead360 @MissJilianne Trump has literally nothing to do with how screwed up Los Angeles is and 100 other Democrats run cities that are a disgrace to this country. But keep on deflecting.

@RichLoPresti Yet GS has a low PT on galaxy. Go figure

$GLXY

@N65Michelle @Redhead360 @MissJilianne @liberalcapkjpp You’re beyond stupid. Everyone knows the problems are way worse now. And NYC also went down under democrat rule

@therealLCWOLF @Redhead360 @MissJilianne @liberalcapkjpp Actually, I moved here close to 40 years ago. It's been like that the whole time. And yes, we had a couple Republican mayors in the mix. Also, you're in NYC. So go fuck yourself.

@StewPidass0 @ehcuoDAsInolE @rayn_e_ @liberalcapkjpp @Redhead360 @MissJilianne Look out the window at the meth head taking a shit on your lawn. How’s that for an example you liberal lunatic ? 😂

@ehcuoDAsInolE @rayn_e_ @liberalcapkjpp @therealLCWOLF @Redhead360 @MissJilianne I dont need to waste my time to find out that you live in an alternate fantasy. I would have been fine if you had any examples. You have yet to name one. Im supposed to go look to reinforce your stupid statement? I decline and your inability to back up your claim invalidates you

@hxxntrr @jmbarry That sale started Tesla on a major downturn and screwed retail shareholders for years

@jmbarry yes i did forgot he sold a bunch of stock to buy x, but he still does it either way

Elon Musk hasn't sold a Tesla share in years and lives off $1 billion in personal loans His Tesla stock keeps appreciating The loans charge him 2-3% interest The IRS never sees a single dollar of capital gains tax This is exactly how the wealthiest people in America accumulate wealth without paying taxes and it's available to anyone with $100K+ in assets The strategy is called "borrow against appreciated assets" or sometimes "buy borrow die." It's the single most powerful tax-minimization strategy used by ultra-wealthy individuals in America Mechanics: When you SELL an asset that has appreciated, you owe capital gains tax. Federal long-term capital gains rates: 0%, 15%, or 20% depending on income. Plus state capital gains in most states (CA: 13.3%; NY: 8.82%). Plus net investment income tax of 3.8% for higher earners (IRC Section 1411) For someone like Elon Musk selling $1B in Tesla stock, the total tax bill would be approximately: Federal capital gains at 20%: $200M Net investment income tax at 3.8%: $38M Texas state tax: $0 (Texas has no state income tax, this is why Elon moved there) Total tax bill on selling $1B: $238M When you BORROW against appreciated assets, you owe ZERO tax. Loan proceeds are not income under IRC Section 61. They never appear on your tax return. They never trigger a tax event For Elon to access $1B in cash for spending purposes, the math is: Sell $1B in Tesla stock: $762M in net proceeds after tax OR Borrow $1B against $1B in Tesla collateral at 2-3% interest: $1B in net proceeds tax-free Selling costs him $238M in taxes Borrowing costs him $20-30M/year in interest (or roughly $200-300M over a decade if held that long) But the borrowing strategy has additional benefits: Tesla stock continues to appreciate. Over 10 years, $1B in Tesla stock has historically appreciated to multiples of that. Selling locks in the gain at today's value. Borrowing keeps the upside The interest paid on the loan is potentially tax-deductible if structured as an investment loan (IRC Section 163(d)). Effective after-tax cost can be reduced to 1-2% The loan never has to be repaid during his lifetime. He can refinance it indefinitely. When he dies, his heirs inherit the stock at a "stepped-up basis" (IRC Section 1014). The accumulated capital gains die with him. The heirs sell the stock at the stepped-up basis, pay off the loan, and keep the entire upside tax-free The wealth transfers from Elon to his heirs entirely tax-free if structured correctly. Estate tax is a separate question but is largely avoidable through proper trust structures The ultra-wealthy version of this strategy: Borrow against appreciated stock Use the loan proceeds for consumption (homes, cars, art, business operations) Never sell the underlying stock Refinance the loan at maturity to extract more cash if the underlying has appreciated Pass everything to heirs at death with stepped-up basis Heirs sell with $0 in accumulated capital gains tax owed This strategy is sometimes called "buy, borrow, die" by tax planners. It's the foundation of how billionaire wealth perpetuates across generations without significant taxation Available products for this strategy: Pledged Asset Line (Schwab): borrow up to 50-70% of portfolio value at SOFR + 1-2% Securities Backed Line of Credit (Morgan Stanley, Goldman): similar terms, $1M+ minimum Custom Lending Solutions (private banking): for $10M+ portfolios, rates can drop to 1-2% The accessibility tier: If you have $100K+ in investment assets at Schwab/Fidelity/Vanguard, you can open a Pledged Asset Line. Typical terms: borrow up to 50% of your portfolio value at SOFR + 1.5-3% (current rates roughly 6-8% all-in). No fixed monthly principal payments. Interest only or pay nothing as long as the loan stays below the maintenance threshold For someone with $200K in stocks/ETFs: Borrow $100K at 6.5% Use the $100K for any purpose (real estate down payment, business operations, etc.) Annual interest cost: $6,500 Tax savings vs selling stocks: roughly $20,000-$30,000 in deferred capital gains Net benefit: $13,500-$23,500/year in tax savings during the borrowing period For someone with $1M in stocks/ETFs: Borrow $500K at 6.5% Use the $500K for real estate purchases, business equity, etc Annual interest cost: $32,500 Tax savings vs selling stocks: roughly $100,000-$150,000 in deferred capital gains Net benefit: $67,500-$117,500/year Comparison to the alternative: If you sell $500K in long-term appreciated stock to access cash: Federal capital gains at 15%: $75,000 owed State capital gains (varies): $20,000-$40,000 owed Net cash to you: $385,000-$405,000 If you borrow $500K against the same stock: Net cash to you: $500,000 Tax owed: $0 Annual interest cost: $32,500 Even paying $32,500/year in interest, you're $90K-$110K ahead in year 1 and the gap grows because your stock keeps appreciating while you hold it The compounding effect over 20 years: Person A sells $100K of Tesla stock at 15% capital gains, takes $85K. Spends it Person B borrows $100K against $100K of Tesla stock, takes $100K, spends it. Stock keeps growing at historical rate (let's say 20%/yr conservatively) 20 years later: Person A: stock is gone. Whatever they bought with $85K is whatever it is Person B: still owns the original $100K in Tesla, now worth $3.8M. Refinanced the loan multiple times. Currently owes maybe $200K against $3.8M in collateral. Net wealth on this position: $3.6M Same starting position. Different decision. $3.5M+ difference in 20 years Important caveats: The strategy works only when underlying asset is appreciating Margin call risk if asset value drops below maintenance threshold Interest costs accumulate over time and eventually reduce the net benefit if rates rise enough Some borrowing limits apply (typically max 50-70% of portfolio value) The strategy is most powerful for: Concentrated stock holdings in publicly traded companies (especially employee stock from tech companies, founder stock, ESOP grants) Large diversified portfolios held in taxable brokerage accounts Real estate equity (similar strategy via cash-out refinances) Business equity (some forms of borrowing available against ownership stakes) The strategy is least useful for: Small portfolios under $50K (interest costs eat any benefit) Retirement accounts (can't borrow against IRAs/401(k)s; some 401(k)s allow loans but limited to $50K) Assets without an established lending market (collectibles, private real estate that's hard to finance) The reason this isn't standard financial advice: Most financial advisors are compensated based on assets under management. They make more money when you keep assets invested. They don't necessarily make money when you optimize for cash extraction. The strategy is genuinely good for sophisticated clients but doesn't fit the standard advisor compensation model Banks DO know about this strategy. They actively market it to wealthy clients. The Pledged Asset Line and securities-backed line of credit products are billion-dollar businesses at every major brokerage. They're just not marketed to ordinary retail clients because the minimums and complexity make them inappropriate for mass market The threshold for accessing this strategy: $100K+ in liquid investment assets = entry-level access via Schwab/Fidelity $1M+ = full access to most products and competitive rates $10M+ = access to private banking rates of 1-2% $100M+ = Elon-level rates of essentially 0% real cost after tax deduction and stock appreciation At each tier, the math becomes more favorable. The richest Americans access this strategy at rates that mean borrowing $1B is essentially free relative to their portfolio appreciation Most middle-class Americans never use this strategy because: They don't know it exists They don't have $100K+ in taxable investment accounts They follow standard advice that says "live within your means and don't borrow" The wealthiest Americans use it constantly because: They have the assets They understand the math They follow advice from advisors who are sophisticated about tax optimization The gap between the two groups isn't talent. It's understanding that the tax code is written to reward holding assets indefinitely and penalize selling them. Selling = taxable event. Holding + borrowing = no taxable event. The system rewards never realizing gains Elon never sells Tesla. He never pays capital gains tax. The IRS doesn't collect a dollar from his accumulated wealth. The strategy is legal. It's mathematically optimal. And it's been written into the tax code since before any of us were born You don't need to be Elon to use this strategy. You need $100K and a Schwab account (we get business owners up to 250k in 0% interest business funding, link in bio)

@liberalcapkjpp @Redhead360 @MissJilianne Do you have any concrete examples of why liberal leadership has been such an absolute failure or are you just gonna go with classic whataboutism and orange man bad excuses? 😂

@therealLCWOLF @Redhead360 @MissJilianne And everything Republicans touch turns out amazing? Please. Most Republican-run states rank near the bottom in education, healthcare, poverty, and federal aid, while many top-ranked states are Democrat-led. Stop pretending conservative policies are some huge success story.

@thehealthb0t Look how fast the mooch was defending the jab after he heard his old Goldman boss Lloyd say he loves it 💉 😂 “I took several doses. Hey I’ll take another right now. Stick me please!” lol 💉

Bill Maher snaps on guest calls people nuts for refusing the COVID jab.

@PaliNewsNetwork See how quick they back down when he said put down your phones? These guys are classic trolls nobody takes them seriously 🤡

British wanker in Hollywood stunned & baffled that we asked his stance on Palestine

@Reefbishop @ados_strong She’s a Doctor as much as Dr Pepper is a doctor 😂 🌶️

@ados_strong she just keeps fckn up smh she gotta stop being so ghetto, you’re a doctor Cheyenne 🤦🏾‍♂️

What in the world happened on this show. SMH

@Redhead360 @MissJilianne @liberalcapkjpp And it’s been democrats in charge for that 20 years. Thanks for proving the point. LA needs change

@MissJilianne @liberalcapkjpp I’d 61 and lived here all my life. That’s what it’s been for well over 20 years 🙄

@flapprdotnet Peak woke is this video tied with that clown Colbert prancing around with the dancing syringes 💉 🕺🏻

Lori Lightfoot introducing us to the "Rona Destroyer"