J I Medina Investments, LLC
Jose Medina, MBA, is the founder of J I Medina Investments, a Registered Investment Advisory Firm in Texas.
Jose started the firm because when he was 18 years old, he went to a major bank to invest $2,000, which was a lot of money for him. The financial advisor laughed at the amount and told Jose to put it in savings and come back when he had at least $10,000. Jose left feeling embarrassed and told himself that he would one day open a firm that would not turn down clients based on the amount of money they have. J I Medina Investments does business through two different models, traditional and/or virtual. Traditional is face to face meetings and virtual is through the use of technology by using FaceTime, Skype, Hangouts, and GoToMeeting so that it is convenient for clients to attend meetings.
Jose provides financial planning, investment advice, and consulting for people in their 20s through 40s. He provides these services in order to bring financial prosperity and help clients reach their financial goals. Jose and his team educate their clients to understand how to invest based on their situation and how to plan for specific goals. J I Medina Investments does not have current asset minimums and will not turn down potential clients based on the amount of money they have. Jose will always put his clients' interests ahead of his own at all times and believes that everyone deserves access to financial services.
Jose has well over 14 years of helping businesses and individuals reach their goals. Jose is at the forefront of this quickly changing economy and he works closely with his clients because they are fully committed to meeting and exceeding expectations. Jose also believe in keeping his services affordable to his clients.
MBA, Finance, University of Houston
BBA, Marketing, University of Houston
Reinsurance is what insurers do to mitigate risk. So, just as we go out and buy insurance to protect ourselves from the unforeseen, insurance companies will also insure themselves.
The HSA was created in 2003 as a type of savings account to pay for qualified medical expenses. There are requirements that need to be met in order to open an HSA such as being enrolled in a High Deductible Health Plan (HDHP) with a minimum deductible of $2,600 for a family. The contribution limit for 2017 for a family is $6,750 which, as others pointed out, is tax deductible. So in all, an HSA would be used to to pay for qualified medical expenses tax-free.
It depends on your status with your broker. Typically, an IPO will be offered to preferred investors and even though you are allowed to place an order, it is highly likely that your order will not be placed until after the preferred investors. This will cause the initial IPO price to rise which may cause you to pay a higher price than what you wanted, if you place a market order.
You would only lose the value you invested. So once it hits $.00, then you have lost all value if you sell. But keep in mind, that while you are invested, any gains or losses are paper losses and are not realized until you decide to sell the investment.
Since you are day trading, which means you are holding assets shorter than one year, it falls into short-term capital gain or loss. Looking at the IRS Topic 409, it states, "The tax rate on most net capital gain is no higher than 15% for most taxpayers. Some or all net capital gain may be taxed at 0% if you're in the 10% or 15% ordinary income tax brackets." View more info https://www.irs.gov/taxtopics/tc409.html. When dealing with tax, I recommend speaking with a CPA to make sure the aforementioned rule applies to your situation.