ByeByeJohnny
Active Member
Your thinking is flawedJust did taxes for 2021.....someone please convince me not to sell any $TSLA shares to pay Uncle Sam. This is without any capital gains as I did not sell a single share of anything in 2021.
FWIW...2021 was the year we made the most $ due to me having 2 jobs and my wife making an extra $50k from a walmart holiday commercial.
It should be the other way around, you should buy tsla with the taxes you owe.
My company was small enough that I only had to pay the amounts of VAT I charged on my invoices to the government once a year. So plenty of time to invest the VAT money into tsla thinking it would go up before I had to pay them into my tax account.
Add in some money from poker winnings and it was almost a certain this investment plan would work.
Ok, maybe NOT INVESTMENT ADVICE
It did work unbelievable well in 2018/19 though.