Microblog Memes

6044 readers

2934 users here now

A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

Rules:

Please put at least one word relevant to the post in the post title.
Be nice.
No advertising, brand promotion or guerilla marketing.
Posters are encouraged to link to the toot or tweet etc in the description of posts.

Related communities:

founded 1 year ago

MODERATORS

[email protected]

1596

Let's play the rich get everything. The rules are the rich get everything. participation is mandatory. (lemmy.world)

submitted 3 months ago* (last edited 3 months ago) by [email protected] to c/[email protected]

301 comments fedilink hide all child comments

Did I say mandatory? I meant optional! You're "free" to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 3 months ago* (last edited 3 months ago)

It costs money to buy a put contract to protect the loan.

So if you need a 1mil loan, now you also gotta buy puts that'll protect a downturn of 1mil. So now you gotta sell stock which will be taxed. It's less than 1mil so you're taxed less, but you will have taxes.

Edit: you could zero cost collar (puts + covered calls) your investment to protect it's current value, but you'll give up potential gains as well to get the zero cost part. But this would be a way to protect the value without selling. If the options get exercised though, you'd then have some taxes to pay.