Steadfast Capital

Financial education for the ambitious. Investing - Budgeting - Wealth Building

[Steadfast Capital @SteadfastCap]

No market calls.
No hot takes.
No fear-based advice.

Just an anonymous CFP sharing what actually works in the real world.

[Steadfast Capital @SteadfastCap]

This is why you diversify.

[Charlie Bilello @charliebilello]

% Below All-Time High
S&P 500: -2%
Apple: -9%
Nvidia: -12%
Google: -12%
Gold: -13%
Tesla: -17%
Meta: -19%
Amazon: -23%
Microsoft: -27%
Palantir: -38%
Netflix: -44%
Bitcoin: -49%
Ethereum: -61%
Coinbase: -68%
MicroStrategy: -77%
Fartcoin: -93%
Trump Coin: -96%
Melania Coin: -99%

[Steadfast Capital @SteadfastCap]

10/10 Real impact: Someone in 32% federal + 10% state bracket harvesting $10K saves $4,200 in taxes. That's guaranteed return for 30 minutes of work. Scales up dramatically with portfolio size. Questions?

[Steadfast Capital @SteadfastCap]

1/10 Tax-loss harvesting explained like you're actually going to use it. Thread:

[Steadfast Capital @SteadfastCap]

9/10 Pro tip: Track your cost basis carefully. Multiple lots of the same fund at different prices means you can be selective about which shares to sell for optimal tax outcome.

[Steadfast Capital @SteadfastCap]

8/10 The hybrid approach: You don't have to choose just one. Many optimal plans use both. Contribute enough Traditional to maximize current deductions, then fill Roth. This gives tax diversification.

[Steadfast Capital @SteadfastCap]

1/10 Roth vs Traditional IRA - the decision framework nobody talks about. Here's how to actually decide

[Steadfast Capital @SteadfastCap]

7/10 Factor 5: State taxes. Living in a high-tax state now but planning to retire in a no-tax state? Traditional deduction is more valuable. Reverse scenario favors Roth.

[Steadfast Capital @SteadfastCap]

9/9 Want specific guidance on any of these? Drop a comment. I'll break down the one that gets the most interest in the next thread. Follow for more financial planning insights that actually move the needle.

[Steadfast Capital @SteadfastCap]

5 financial planning mistakes people make in their 30s that cost them hundreds of thousands by retirement. Thread:

[Steadfast Capital @SteadfastCap]

8/9 The good news? All fixable. Start employer match today. Move emergency funds this week. Review tax strategy this month. Build systematic savings increases into your plan.