Sunday, February 21, 2021

Working on my Taxes

I've been working on paying my taxes. 

The first step is always, getting the printer to work. I only need it one time a year but I always end up going thru my ink by printing out test pages. I alway have trouble getting it working. Even though this year it's brand new. I've got three printers. I think they all work but two of them are out of ink. And it's cheaper to buy a new printer than to replace the toner cartridge. 

I had to print out the tax records from my various brokerages. Online, they were so small that I couldn't read them.

I've done everything except to enter the gains and losses from the brokerages. I'm afraid that I may actually owe taxes this year. I made  $4,000 in one of my accounts (Robinhood) last March. It all went into my car. I'm ahead by about $1,000 on my Kraken account right now so I could sell that and pay taxes with it. We'll see. 

I'm now the IT guy at the local Republican Headquarters. I'm not a dedicated Republican but I like the free coffee I get there. 

I think I'll wrap it up and show you another etching by Malcolm Childers.


Tuesday, February 2, 2021

I've been a metals trader for years.

 I've traded metals (silver and gold especially) for decades; but I've rarely seen them move as much as it is now. 

A couple of months ago I sold my silver to pay the rent. I'm find myself trying to build up my hoard, now.

I'll be going to the coin club tonight to buy some more silver. The coin club is there basically to have coin auctions on the first Tuesday of the month. I'll take a checkbook and I hope to buy quite a bit. We'll see.

The Gamestop thing has been driving markets like crazy. I put in an order to buy a Standard and Poors put option tomorrow.  That is a bet against the market. I'm bearish. I've seen what happens when margin requirement are raised. It causes massive selloffs across all the markets. 

I sold all of my silver calls this morning with a 300% profit. I regret that because I could have rode them for the next month; and now I may find myself priced out of the market. I think I'll attach an image of one of my etchtings and go to the coin club.

Later