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Saturday, 09/21/2019 11:40:57 AM

Saturday, September 21, 2019 11:40:57 AM

Post# of 1193
One other thing, I had gone over this on the other board with the Recell thing last year, will put what I have learned over the years here too.

When you have a stock that say you add to over time and it goes through a rough patch and you add heavily or more on the bottom.

When you sell any even some for profits and then to re-buy the dip always always always sell your oldest stock first if it is something you will have to pay taxes on in a relatively short time.

When putting in the trade go into the lots find the oldest most expensive shares and sell those, you profit on them less so your tax liability is lower.

Then as you liquidate pieces of your holding as the stock rises after the new year do the opposite, why? again taxes, once you have some money on the hip (profits banked) aas my old man used to say the next issue going forward is cap gains long term, you always want to save your oldest stock for last when selling a year or two after the stock rises to a level you think okay I am done now.

Stocks that start paying a decent dividend you may never be done each one is different especially when dealing with value as opposed to growth I call long term pump and dump. The techs the cannabis the green energy the new thing. 95-98% of them will go to bankrupt long term.

It just is what it is, the better ones with better assets, tech etc will get bought up for pennies, nickels or dimes on the BK auction block.

Don't care which ones people may think are different, the tech, the fad whatever from the nifty-fifty of the 70's to dot com boom then energy tech boom of the late 90's they all go belly up. All but the select few better if your lucky to find a winner, ride until its just there, dances around in the clouds for a but, then move on, find the next fad or finally buckle down and learn to read filings, real the newspaper so you can foresee the horizon and know what happens is happening is coming before its a race and a momo.

And whatever anyone does never get into solar energy, its been the next best thing since the 70's untold 10's no 100's of billions have been lost in that long term BS scam, the rest of green energy all hype that means nothing, who knows, but, I wouldn't put anything on a wind farm company either, buy batteries they collect more power on the dollar.

As with most fads, new tech etc they never make it as they are proven worng, except solar the govt since Jimmy Carter has given more subsidies, wasted more money, on that BS than one could imagine, and it has the same exact draw backs that will never be solved.

Can ya make money on it low when there is a big green hype, yes every 8-10 years or so you can, but in the end after the govt's spend what they will the game is over, its tax money that creates that pump and dump, nothing else.

Want proof ask the 100's of thousands of investors that lost their shirts over the last 4 pump and dump solar/green runs a play yes, an investment not on your life.

True story 1999 when the than green energy bubble was popping a video was going around the net, where a company that is long gone, that the US govt Clinton gave 10's of billions to was shown throwing away $10's millions of dollars of solar tubes whatever. The reason they were tossing these thing into dumpster after dumpster for weeks?

Govt didn't want them to get sold off and flood the market and hurt the other pumped up solar companies. Keep the fantasy alive as long as possible, kind of like TSLA.



Learn to properly invest I guess I am saying.

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