Tax Time

Apr 02, 2024

It's tax time.

 

Yuck! Right?!

 

I don't think so. My mindset is that if my tax bill is huge, I did well.

 

Bring it on!

 

 

Tax time brings in a seasonal quirk that can happen in the markets.

 

What is that, you ask?

 

Sometimes, we have a little dip at the beginning or middle of April as people take money out of their brokerage accounts to pay the tax man. 

 

If you see a dip, it's good to know what it is. No reason to fear, it's simply traders paying the IRS.

 

 

Two weeks after the taxes come due, we'll have earnings for a lot of the Mag 7. It's a time I profit big and look forward to. 

 

Carry on, warriors!

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