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Farmer7

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Farmer7

Re: #NeverPennyLand post# 71671

Wednesday, 03/15/2017 12:24:53 PM

Wednesday, March 15, 2017 12:24:53 PM

Post# of 203913
Not always true, the state in which you live in can make a difference. For example, where I live short term taxes take 53 percent of profit where longterm is around 15 to 20 percent depending on certain circumstances.

Plus if one believes it's a longterm investment, like I do, it makes perfect sense to buy and hold.
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