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Re: fsulevine post# 144689

Wednesday, 09/26/2018 3:07:50 PM

Wednesday, September 26, 2018 3:07:50 PM

Post# of 425624
Well, I guess if you had a really low basis taking out your cost wouldn't be a bad idea, but in my IRA I'd have to sell half my shares to do that, and that's just way too many, takes my profit goal off the table. Plus, I don't know of any stock that could potentially give me another 300%-400% return in the next couple years - I'll sell and move into divvy paying stuff when the time is right, but not now. Problem I have in my taxable accounts is how to avoid giving the IRS a huge check - my shrs are split 50:50 between IRA and taxable accounts, mainly because I can't add money to the IRA due to no earned income - if I could, I would have bought all the shares in the IRA to avoid the tax problem. BTW, dunno if your shares were in a taxable account, but if they were, and you made some big profits, best you send in a quarterly estimated tax payment to the IRS - them's the rules - you could get hit with a big penalty if you don't.

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