Many millionaires are made during stock crashes. Buying the dip is always the advice you hear. Back to back green closes would be nice.

 

Once it crosses 21k we should start paying attention and see where it goes from there. Still a lot of uncertainty.

 

Steady so far today. I'm not even looking for big gains, which likely would lead to some cashing out, and causing further drops. Slow and steady for the next few weeks would be real nice.

Many millionaires are made during stock crashes. Buying the dip is always the advice you hear. Back to back green closes would be nice.

 

Once it crosses 21k we should start paying attention and see where it goes from there. Still a lot of uncertainty.

 

I feel like once it crosses the 21-21k mark there will be a minor correction that brings it back down to around where it is today. Then it's likely off to the races for a while.

Regarding 2019 federal tax returns , is it true that we don't have to file or pay until some date after April 15? If so, what date? Is that also true for the first quarterly installment of 2020 federal estimated taxes? What about Kentucky returns? Thanks for any replies.

Regarding 2019 federal tax returns , is it true that we don't have to file or pay until some date after April 15? If so, what date?

 

July 15.

July 15.

Correct. Does that also apply to KY?

I feel like once it crosses the 21-21k mark there will be a minor correction that brings it back down to around where it is today. Then it's likely off to the races for a while.

 

More red, looking at a 3% loss if it holds today.

Correct. Does that also apply to KY?

 

From what I've seen, the move only applies to Federal. It's up to the states if they want to move their deadline or not, and The Kentucky Department of Revenue site still has a April 15th deadline showing. I would have to think they'd stay in step with the Federal deadline.

More red, looking at a 3% loss if it holds today.

 

Yep...started to slide the last couple hours. Could be partially tied to the drop in oil, which went down another 10%. Oil will keep sliding since demand will continue to dive as people continue to stay home. Looks like this will be the worst week in over a decade.

Regarding 2019 federal tax returns , is it true that we don't have to file or pay until some date after April 15? If so, what date? Is that also true for the first quarterly installment of 2020 federal estimated taxes? What about Kentucky returns? Thanks for any replies.

 

Did that just change today? As of two days ago, you still had to file your return by April 15. However, if you owed, your payment due date isn't until July.

All these market fluctuations... Never has my little 1.6% APR online savings account been such a wonderful friend.

Did that just change today? As of two days ago, you still had to file your return by April 15. However, if you owed, your payment due date isn't until July.

 

Changed in the last 24 hours. Originally it was just the payment that was delayed. They've now delayed filing.

 

IRS extends tax deadline to July 15 from April 15

As Warren Buffet said about the 2008 crash, he didn’t lose a dime because he didn’t sell anything.

As Warren Buffet said about the 2008 crash, he didn’t lose a dime because he didn’t sell anything.

 

That’s true, but he certainly has a much larger pot of money to risk. That said I wouldn’t touch any retirement accounts.

That’s true, but he certainly has a much larger pot of money to risk. That said I wouldn’t touch any retirement accounts.

 

I'm not even looking at mine. Won't help any.

Yep...started to slide the last couple hours. Could be partially tied to the drop in oil, which went down another 10%. Oil will keep sliding since demand will continue to dive as people continue to stay home. Looks like this will be the worst week in over a decade.

 

My job requires me to travel across the western part of the state. I haven't seen any evidence that people are staying home. Traffic seems to be business as usual.