Wednesday, April 09, 2014 12:16:59 AM
If I make 1000 dollars, I still pocket 600. That is a lot more than I had before I started. If I get another stock, or even by back in same stock make another 1000. Thats 1200. You sit on that 1000 so you don't need to pay short term gain taxes, you only come out with 850. So just because the word "tax" is such a voodoo subject. you would rather take a potential loss of 30%? In the end, you would end up "paying" 45% percent. Because you still pay tax, plus add in the potential loss.
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