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Re: robhag post# 14701

Tuesday, 12/18/2018 2:44:39 PM

Tuesday, December 18, 2018 2:44:39 PM

Post# of 14747
Consider holding your shares.

The long-term benefit of the stock taking off *sometime* in the future 6months/1/2/5 years greatly outweighs the short-term benefit of a tax write-off.

(In my case I've had shares sit for years and then revive into levels that were 1, 2 and 3,000% gains. In 10+ years I have never sold any stocks for tax write offs. If you bought it with the idea that it will appreciate then let it do just that. Consider it a cost of playing the game. If you sell every stock that doesn't perform in an arbitrary time-frame that you give it-- or in an end-of-the-year tax play scramble, you will be missing out on thousands upon thousands of dollars.

I do not know your initial investment amount or price [EDIT: nvm, just saw that it was around $200 KEEP 'EM!], however I'll guess that the latter was in the triple 000's since this is a trip board. The potential upside is exponential vs gaining a hundred dollars or so back as a credit. Remember, as per the post below, Trader53 says to give all picks 6 to 9 months for their run.


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