Halitron Inc (HAON)

[bucks2pennies]

I remain a strong on this concept for HAON but the past few weeks have shown another element to be just as necessary. SELLING as well as buying.

In the past, taxes has been a major concern (I really don't know why, I can't seem to make any money!). You sell at a profit, you pay capital gains taxes on those winnings. Should be a consideration.

But it actually is a detriment. Steers you towards long term investments and thwarts short term actions. Longer hold (over a year), less taxes.

Also, after a sale and gain, what do you do with the cash? If you use DD to select good companies, you always have a company ready to buy "in case" you actually sell something. Can't just let it sit (can you? I sure can't)! So you put available cash back to work.

Back and forth. Never 'really' having cash at hand. You do this enough, your gains mount up (according to the IRS) while you have no cash on hand to show for it. At tax time, WHAM.

But you do have to take 'short term' shares off the table when there are any spikes for company share pricing you hold. Somehow, you have to put $$ aside for tax purposes, but you HAVE to sell some of your shares during spikes! Never all if you are long, but enough to show profit while you wait, often times great periods, for the company to blossom!