StreetAuthority Daily

-Recommended Link

5 Years in The Making… This Document Could Hand You $59,401

In 2017, President Trump put the wheels in motion to protect the United States against foes like China and Russia. Today, Biden's committed $76 billion to return America to "top dog" of the $2.7 trillion industry we created over 60 years ago. What these events have in common is an obscure list of 35 "critical materials." A new report reveals the simple steps investors must take for a shot at turning this short list into windfall profits. Click here for all the details.

October 4, 2022

Traders Who Ignore This Tax Rule Could Lose A Fortune

By Jimmy Butts

Jimmy Butts

During the pandemic, we saw a new wave of retail investors open brokerage accounts and begin their trading and investing careers.

More than 10 million new brokerage accounts were opened in 2020 -- a record. It's estimated that about 27% of those were opened on the popular trading app Robinhood. As we rolled into 2021, this platform was used to fuel much of the trading fury in "meme stocks" such as GameStop (NYSE: GME) and AMC Entertainment Holdings (NYSE: AMC).

As you're probably aware, many of these new traders ended up speculating. Some dabbled in risky options bets on a near-daily basis. It's been fascinating and entertaining to watch all these new traders upset Wall Street and some hedge funds (see Melvin Capital). But for some traders, it's also provided a mighty lesson in taxes.

Read More...

-Recommended Link

Only Days Remaining To Claim Your Share Of This Hidden $10 Billion Windfall

A little-known satellite company is on the verge of turning a measly $26M investment into as much as $10B a year. So far, Wall Street has completely ignored the deal. But a recent launch will be impossible for the media and the market to ignore. Investors who take action today could turn every $10,000 into $201,873. Click here for full details.

StreetAuthority is a publisher of financial news and opinions. StreetAuthority is not a securities broker/dealer or an investment advisor and we do not recommend or endorse any brokers, dealers or investment advisors. This work is based on SEC filings, current events, interviews, corporate press releases and publicly available information which may contain errors. All information contained in our newsletters and/or on our website(s) should be independently verified with the companies or sources mentioned. You are responsible for your own investment decisions and should always conduct your own research and due diligence and consider obtaining professional advice before making any investment decision.