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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (16128)	6/14/2023 9:30:30 PM
From: wilywilly	1 Recommendation Recommended By Kirk © Respond to of 26769

those of us with large taxable stock gains and 401K distributions to take Reminds me of the quote "...doth protest too much, me thinks." ;-) Along the same line is the brother of the wife in a couple we recently had dinner with, who left Digital with Dave Cutler to join the Windows NT development team at Microsoft. He was gifted an, um, substantial number of MSFT shares. He lives in a mansion built on a 40-acre wooded plot in Seattle, when he's not at his place on Maui. When he sells a few 1000 shares he complains that he has to sell even more to pay the capital gains tax. At least there is no state income tax in WA or he might whine louder. Personally I fell blessed to have been able to retire comfortably at 58 and make even more now sitting at home clicking a mouse. Being in the Peace Corps in Nepal exposed me to the alternative. Regarding taxes, U.S. tax rates, especially LTCG are a joke compared to the rest of the developed world. My sister is an ophthalmologist in Germany and used to laugh at me because she paid more in taxes than I made as a consultant. She & her daughter went all the way through medical school free of charge, so she's not complaining. OK, sorry for the O.T. Back to market dynamics...