Rock Creek Capital & student loans Hi, I was sued a year ago by Sally Mae and it was taken over by a law firm by the name of Rock Creek Capital. I agreed to pay them a certain amount for it to be taken care of within 3 years. I have never missed a payment until now for the last year and a half and have given them roughly $20,500 in that time frame. Currently they are taking abo…

Capital One 360 Checking I’m 18 and i just got my first job (California), and i was looking at banks and credit unions to create a checking account with for my paychecks. My brother recommended Capital One 360 Checking because they have no fees and there is a current bonus of $250 after i deposit my first two $500 checks. Is this a good bank and checking account? Is it …

Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.

Ricardo M. Urbina, Trailblazing Latino Judge in Capital, Dies at 78 Before being appointed to the bench in Washington, he was a track star who became a symbol of discrimination against Black athletes.

Short Term Capital Gains vs Long decision Might be a goofy question but I am a newbie. I want to move my money from my brokerage to a Roth IRA on Fidelity. I have decent sized gains from stocks bought July 31st of 2023 (June 12, 2024 as of this posting for future viewers). Should I go ahead and sell the $7,000 needed to max my IRA? Or wait until July 31st when it will be considered long…

Maybe Old-Fashioned Venture Capital Wasn’t So Bad After All It often seems crypto investors aren’t in alignment with the projects they invest in. Maybe it’s because tokens are changing how venture capital works.

Best use of s/t capital losses I took a s/t bad debt capital loss last year of $120k, most of which was carried forward. I make about $550k/yr and I want to get rid of some of my individual stocks and replace them with ETFs. I’ve owned many of my individual stocks for years, which means there are significant long terms gains. I am worried about being taxed at the 20% rate sin…

Possible to move taxable investments to a Roth IRA without paying capital gains? I have some money in a taxable brokerage account that was gifted to me many years ago (prior to setting up my Roth IRA). My wife and I are planning to purchase a home within the next few years, so we would like to liquidate some of this money and put it into a money market account inside a Roth IRA so it grows tax free and we can withdraw the ea…

Bain Capital Crypto Raising Second Fund: Filing Bain Capital has been an active investor in crypto since its initial fund launch, participating in a $115 million round for Sam Altman’s Worldcoin.

QCP Capital and Further Ventures Announce Partnership for Middle East Crypto Expansion Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.

Crypto Venture Capital Firm Paradigm Looking to Raise Up to $850M for New Fund: Bloomberg The VC is looking to raise between $750 million and $850 million, Bloomberg reported citing source familiar.

Crypto Market Sees Net Capital Inflow for First Time in 17 Months The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market.

Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi Australia’s tax authority has clarified that its capital gains tax on crypto products also extends to wrapped tokens or token interaction with decentralized (DeFi) lending protocols.

How to prevent inflation from eating money ? To live off for a few years without working + capital gains? Researching how to make money last if I cut down my expenses and had ~80k USD I wanted to use to live as cheaply as possible and not work (not in the USA of course). I am seeing that inflation on average could be estimated to be 4%~ but maybe as high as 8% ? ​ I am also seeing that a savings account like Capital 360 could give about 4% ? How doe…

Does capital gain amount factor into income used in calculating capital gain tax rate? I’m trying to understand if I would qualify for 0% capital gains tax or 15%. I’m single, and I make about $35k per year. I understand that people w/ income under about ~$45k pay 0% capital gains tax. However, if I take money out of the stock market, and the amount of capital gain is, say, $20k, would that be added to the income I already make an…

Should I be using credit or my own capital? Just started a few months ago and I keep seeing people say use credit but my limit extremely low submitted by /u/Full-Dark-6552

Will I be assessed capital gains tax if I sell shares of a money market fund (NAV of $1)? I want to sell about 1500 shares ($1 each) of a government money market fund. Since the value of the shares remains fixed at $1, am I right to assume that the “gains” are zero and I won’t have to pay capital gains tax on this? I know that I have to pay income tax on the dividend and interest income, but specifically wondering about capital gains…

Bitcoin ETFs: A Surge of Fresh Capital or Speculation From Crypto Insiders?

Is it better to use long-term capital losses to offset ordinary income rather than long-term capital gains? I have around $16k long-term capital gains from a sale of a stock. I’m considering selling other stocks to accumulate long-term capital losses of $5k. However, my effective tax rate is ~18% while my long-term capital gains tax rate is 15%. In my position, it seems more advantageous to use capital losses to offset income rather than gains? If s…

Capital Reef National Park Utah submitted by /u/scodon