Y’all really yoloing into contract premiums in accounts with no wash sale rules? Fucking retards.
damian001 on
At least you only lost 1 year of contributions
CLYDEFR000G on
Is there coming back from losing a maxed out Roth IRA from 2025?
So like $7,000 lost? Yes there absolutely is time to recover. Stop playing options in Roth IRA. Invest the maximum and play with small change in your individual brokerage if you must touch options.
Invest off a small % amount of your net worth. Hopefully it pays off and now you have profit. Deposit the principal back and then now you have a small lump of profit to play options with.
If you were going to win at options anyway then this will begin turning in to thousands-millions. If you were going to lose anyway well then at least all you lost is $1000 or whatever number you decide.
ForsakenRacism on
At least you won’t have to pay taxes when you retire
PurpleLegoBrick on
Didn’t know people gamble with their Roth lol.
This is skill issue.
TheOGfromOgden on
Accountant agencies in shambles as Redditor discovers this one trick to avoid capital gains taxes.
if I ever learned anything, NEVER ever gamble in your tax free accounts, because once it’s gone it’s.. gone.. you cannot claim any losses.
QUiiDAM on
6k ? Someone ban this peasant
Trick_Raccoon_HTX on
Wowser
Beyond Meat and Beyond Immerse sparking protein drink
git0ffmylawnm8 on
idk can you claim this as capital losses for 2026 taxes?
Raslatt on
Omg whatever you’re doing just stop
Sandvich_Slayer0 on
It can only go up in the long run buy the dip
Specialist-Garbage94 on
Wdym in 7 years that 5 bucks will be 10.
kratomas3 on
All good now u can load up 7.5k this year and try again
TwilightSaphire on
Everyone telling you that you can’t claim your tax losses on a Roth is wrong, OP. You just need to close the account. Then, any money you contributed can be deducted as any other capital loss can.
You should do this, then open a new Roth for this year. Seriously, it’s a thing. Look it up if you don’t believe me. You should absolutely take the tax write off.
WoodpeckerCapital167 on
Gambling in your retirement account
Dumb or rich?
Pale-Silver-8178 on
Get yourself a mcchicken and restart
JohnBrownsErection on
All of our retirement plans are behind the Wendy’s dumpster pal
33 Comments
options ?
Now it’ll REALLY be tax-free.
Womp womp try again next year
See the positive perspective: you just made tax-free losses!
Why are you gambling your Roth lmao
At least you can use those losses…
Honestly, I’m basically underage in trading terms . I just want the market to refund my recent losses and call it even 😅
https://preview.redd.it/whaag4iuonqg1.png?width=476&format=png&auto=webp&s=f5edb299748021c17b17fd8e1187e1d6e57fe1bf
have you tried buying stocks that increase in value? that usually helps for me.
https://preview.redd.it/ghv99lixonqg1.jpeg?width=550&format=pjpg&auto=webp&s=beb2a9190e3c48088cb7beead02b43025824df7e
Y’all really yoloing into contract premiums in accounts with no wash sale rules? Fucking retards.
At least you only lost 1 year of contributions
Is there coming back from losing a maxed out Roth IRA from 2025?
So like $7,000 lost? Yes there absolutely is time to recover. Stop playing options in Roth IRA. Invest the maximum and play with small change in your individual brokerage if you must touch options.
Invest off a small % amount of your net worth. Hopefully it pays off and now you have profit. Deposit the principal back and then now you have a small lump of profit to play options with.
If you were going to win at options anyway then this will begin turning in to thousands-millions. If you were going to lose anyway well then at least all you lost is $1000 or whatever number you decide.
At least you won’t have to pay taxes when you retire
Didn’t know people gamble with their Roth lol.
This is skill issue.
Accountant agencies in shambles as Redditor discovers this one trick to avoid capital gains taxes.
https://preview.redd.it/by07dexfpnqg1.jpeg?width=320&format=pjpg&auto=webp&s=3da13475b5eec578a943bac23b2684019b07d9f7
if I ever learned anything, NEVER ever gamble in your tax free accounts, because once it’s gone it’s.. gone.. you cannot claim any losses.
6k ? Someone ban this peasant
Wowser
Beyond Meat and Beyond Immerse sparking protein drink
idk can you claim this as capital losses for 2026 taxes?
Omg whatever you’re doing just stop
It can only go up in the long run buy the dip
Wdym in 7 years that 5 bucks will be 10.
All good now u can load up 7.5k this year and try again
Everyone telling you that you can’t claim your tax losses on a Roth is wrong, OP. You just need to close the account. Then, any money you contributed can be deducted as any other capital loss can.
You should do this, then open a new Roth for this year. Seriously, it’s a thing. Look it up if you don’t believe me. You should absolutely take the tax write off.
Gambling in your retirement account
Dumb or rich?
Get yourself a mcchicken and restart
All of our retirement plans are behind the Wendy’s dumpster pal
Keep going.
https://preview.redd.it/6eq8r4x6rnqg1.jpeg?width=540&format=pjpg&auto=webp&s=73ffb6eaf78d7ff2fac8fcc1da6fe7bc2914a27e
Wow gambled your Roth IRA away…. That s u c k s. Good job tard!!
Bro
You’re a gambler. No you’re not going to make your money back. Don’t be an idiot.