Off topic galore

[mongo]

I don't think so. For the $500 option he would owe $990,500 of tax after selling at $4000 for a total tax of $1,168,950. ($430k * 41.5% + $3.5M * 28.3%.) That would make the ending net value $2,761,050. ($4M - $1.16M tax - $70k initial exercise.)

And last time I check $2.76M is greater than $2.29M. ($3,930,000 - 41.5%)

I don't follow... 500 price at exercise.

1000 * 500 = $500,000 gross
- 1000 * 70 = $70,000 cost
- 1000 * (500-70) * 41.5 = $178,450 tax
= 251,550 net after exercise

Stock goes 8 x
251,550 * 8 = $2,012,400
- 251,550 * 7 * 28.3 = $498,320 tax
= $1,514,080 net
With $676,770 in tax

Ignoring inital basis and using a larger tax spread

100 shares, sell everything at $100
Short term tax rate: 40%
Long term: 20%
Exercise at $10:
$1,000 - $1,000*40% = $600
Stock 10x
$6,000 - $5,400*20% = $4,920
Tax: $1,480

Exercise at $50
$5,000 - $5,000*40% = $3,000
Stock doubles
$6,000 - $3,000*20% = $5,400
Tax: $2,600

Exercise at $100
$10,000 - $10,000*40% = $6,000
Tax: $4,000

 

[betstarship]

Question - is a house on a hill worth the extra maintenance and risk due to erosion?

 

[Krugerrand]

Question - is a house on a hill worth the extra maintenance and risk due to erosion?

 

[betstarship]

What?! I'm honestly asking!

 

[Krugerrand]

What?! I'm honestly asking!

There are material choices nowadays that are designed to better withstand exposure to the elements. But I can confirm that at a certain dollar figure, a person stops giving a flip if they have to repaint or ‘gasp’ reface a building 10/15 years after construction.

 

[Ogre]

If they go into the money, it really won't matter. The far out of the money ones, like say 1750... it'll hurt a bit for a while, but the market tends to pick up on these inefficiencies eventually.

At the current rate, they’ll be in the money by next Friday

Question - is a house on a hill worth the extra maintenance and risk due to erosion?

Ahh… we’re at the “Buy new home” phase of the bull market cycle. Means we still have a bit of room to run.

We’ll know things are really heady when people start talking about buying islands.

 

[Singuy]

View attachment 834305
Emphatic yes. Let me know if you'd like me to design one for you.

Anyone else wants to share their retirement plans or island buying so we can see Tesla crash on Monday?

 

[Cattledog]

Anyone else wants to share their retirement plans or island buying so we can see Tesla crash on Monday?

Not plans, under construction, so yeah, I mean no, no crashes. I authorized the contractor at around $650/share, so for sticking my nuts out I enjoy a little celebration when things go our way. Just a little. Maybe a sip of Teslaquila tonight.

 

[Berles]

View attachment 834305
Emphatic yes. Let me know if you'd like me to design one for you.

Careful now, talk of hill houses is fine, but I’ve lurked this thread long enough to know that if this transitions into talk of island houses then we’re in for a less than stellar trend.

 

[betstarship]

https://twitter.com/x/status/1516469506209689604

 

[mongo]

This was my question, any better?

ANONYMOUS RETAIL INVESTOR ASKS
How do you know that I closed my Center Console Door too quickly?

Same switch that turns on the light. If it sees short pulses on the closed/open switch it alerts you.
Now relinquish your shares.

 

[phantasms]

Enjoy!

 

[Ogre]

Seems like one of those things which would never happen in America. Too much liability.

Tesla deploys swimming pool at Supercharger station

Tesla has decided to deploy a swimming pool at a Supercharger station in Germany as the automaker is starting to...

electrek.co

So so awesome though. Maybe we can get misters here in the states.

 

[M|S|M MYP]

Seems like one of those things which would never happen in America. Too much liability.

Tesla deploys swimming pool at Supercharger station

Tesla has decided to deploy a swimming pool at a Supercharger station in Germany as the automaker is starting to...

electrek.co

So so awesome though. Maybe we can get misters here in the states.

You're 100% correct on the liability part....imagine if something happened and the water all got out of the pool.....

 

[AudubonB]

That picture is from Germany and that IS the swimming pool.

 

[JRP3]

Looks like a dumpster filled with water

 

[AudubonB]

But I think that rather than pools, SpCs ought to sport much more usable amenities like, say, ice skating rinks, saunas, ice bars and suchlike.

 

[Artful Dodger]

Seems like one of those things which would never happen in America. Too much liability.

Tesla deploys swimming pool at Supercharger station

Tesla has decided to deploy a swimming pool at a Supercharger station in Germany as the automaker is starting to...

electrek.co

So so awesome though. Maybe we can get misters here in the states.

Wudumean? Exxon invented the swimming hole.

/s

 

[Ogre]

Looks like a dumpster filled with water

Well it's a shipping container. Hard to tell them apart.

Shipping containers are what you put things into before use.
Dumpsters are what you put things into after use.

See also Salad Bowl versus Toilet Bowl.

 

[SmokyPeat]

Well it's a shipping container. Hard to tell them apart.

Shipping containers are what you put things into before use.
Dumpsters are what you put things into after use.

See also Salad Bowl versus Toilet Bowl.

It's definitely not a shipping container. I would tend to agree that it does resemble a dumpster filled with water. Toss in a Babe Ruth bar and you've got a party!