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Post# of 207193
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nygrande

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nygrande

Re: bong747 post# 102812

Tuesday, 08/01/2017 3:15:20 PM

Tuesday, August 01, 2017 3:15:20 PM

Post# of 207193
What I heard has nothing to do with Trump tax reform. I heard that there is a 15% extra penalty for investments that make over 1 million profit and are cashed in less than 1 year, which would put around 40-45% on uncle Sam's hand (I rough estimate). If you cash this after 1 year, there is no this 15% penalty. I heard this 1 year period has changed to 6 months recently.

**DISCLOSURE** My posts express my sole opinion. They are not investment advice nor a recommendation regarding any course of action. My opinions are subject to change without notice. Assess investments according to your personal financial circumstances.

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