Wait for the knife to stop falling first and then yes buy the dip
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I can see a 7 in front of it before it stops falling. But agree it should be bought at some point.
I like the pull back on the miners more. Wgmi is a good one bc itās an etf. But I killed it with iren this year and itās pulling back pretty hard. Mara could be interesting at these levels for long term as well.
I donāt invest money I canāt afford to lose in this space I do have to say. Itās a roller coaster.
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Burry is still in the money on both his Nvda and Pltr shorts. For such a blow out quarter 5% jump wasnāt crazy. Market has super high expectations for Nvda.
CVNA outperforming every Maggy 7 by 2-10x ytdā¦
CVNA is now the 140ish largest company in the world.
Larger than Dell.
Zero chance they make the profits they claim. Itāll come out eventually
You know, I havenāt seen the local-TV-mega-blast of Toyota Sellathon ads or Lexus December to Remember spamā¦ did Toyota move on from that one spokesperson lady?
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I donāt have cable anymore so donāt really see ads much. That doesnāt stop everyone from asking me if rates are going to get better or more deals for Toyotathon. I think they usually drop a few specials around the 15th
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Tax strategy, like investing strategy, is important so any last minute tax tips for changes in 2026 vs. 2025? There seem to be many, and this is not tax advice, but some no brainers for 2025 as we head into 2026:
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The charitable deduction (if you itemize) for 2026 will have a floor of 0.5% of your AGI, so front loading into 2025 what you will give anyway in 2026 before 1/1/26 will not run into that issue
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Max out your SALT up to $40k this year now that it is up for 2025 from the prior $10k limit
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For 2026 if you are in the 37% bracket you are looking at an adjusted 35% cap for itemized deductions as well so front loading this year if possible will avoid that
Anything other suggestions?
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Love the list.
Iād say right sized Roth conversions for anyone retired, while making sure not to exceed any medicare income thresholds. If youāre high income, see if your 401(k) provider offers a mega-back door Roth.
If youāre in Ohio, give $1500 ($750 if single) to an SGO. It literally costs you $0 if you make over 75k per year, and it helps a worthy cause.
Make sure to tax loss harvest what you can. Say you owned DraftKings, and it was underwater. Dump it for the paper loss and buy Flutter (FanDuel company). This way, you tax loss harvest and still participate in the segment without being out of the market for 31 days.
Happy holidays, all! 
Not financial advice disclaimer. (Yay 
)
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I feel like examples are helpful for the new Charitable rules (Not financial advice disclaimer) -
Example: A taxpayer has an AGI of $400,000 in 2026 and donates $10,000 in cash to a public charity. The first $2,000 (0.5% of $400,000) is not deductible. The taxpayer can only claim an itemized deduction for the remaining $8,000
Example: A high-income donor makes a $10,000 charitable gift in 2026. Instead of a $3,700 tax benefit (37% of $10,000), the benefit is limited to $3,500 (35% of $10,000).
If you are doing DAF, get moving. Schwab is no longer guaranteeing they will open the account by EOY for you. Donāt know the situation at other custodians. Anyone who has committed a long-term gift for seats, etc, could make a lot of sense to front-load this year.
Random one, but if you are selling your business but remaining onboard (family to family transfer may have control group issues), becoming a 5% or less owner before the year you reach RMD age can be a huge benefit to your long-term tax planning, allowing you to defer RMDs. I see a lot of law partners do this, and they get adjusted on the W-2 side.
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@CarRhino and @JalopSpecial - both coming in strong with great additions to the list!
I always find it pretty crazy that people are not more aware of basic tax strategy, especially with tax-advantaged investing that also can reduce your AGI through a 401(k), Roth or IRA, etc. Same thing with HSAs, losses and itemization.
Even if you do not have an investment advisor, accountant, tax professional or a tax lawyer, between the web and TurboTax you can pretty much figure it all out on your own if need be!
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These donāt apply for business charity deductions right?
C corp as it would be assumed you didnāt have shareholders, etc.?
Check with a tax professional as this is not tax advice, and the structure of your company may be different (LLP, LLC, LP, SP, and whatnot).
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Iām a sole proprietor but I donāt itemize anymore bc I donāt own a home anymore. But I was always able to deduct my charity off my business bc it was an actual business expense as I get marketing and other perks for my business from the non profit. Iāll have to ask my account if anything changes next year bc Iād rather donate more this year if Iām gonna save more
I do like that theyāre giving pwople 1000 deduction each to donate to charity that donāt itemize. Will encourage more giving or more fake giving haha
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This is correct depends on structure.
Biggest thing is you have to be making a truly serious taxable income, for a lot of these to have anything more than a negligible effects in 2026 vs 25.
most of what Iāve been dealing with is multi year gift pledges and moving up the deduction to this year. Or folks with serious single ticker gains post 22ā front loading.
So @Jrouleau426 letās say The U is truly back and we are all gonna see you field side on the CW most saturdays. But in the NIL era the U foundation is gonna need a 5 year 200k commitment from you to access those tickets. You just so happen to have a bunch of RKLB or BTC at 50 cents/share original basis. You move 200k into a DAF this year - avoid cap gains and get immediate deduction. So at certain levels this can get quite lucrative (like 23.8 cap gains and 37% marginal fed rate and in case of NY or CA the state robbery as well). Next year that gets neutered a bit, hence why to do it this year for any previously planned giving.
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Might want to wait to decide on this one until after the game on NYE?
I was planning to buy a condo in Orlando for my non profit to use for sending troops on trips. So might be better to put the 200k this year then next. Seems like I lose at least $1000 of the deduction next year
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