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dmiller

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dmiller

Re: sts66 post# 230838

Friday, 11/29/2019 5:35:13 PM

Friday, November 29, 2019 5:35:13 PM

Post# of 425915
Another extremely important rule is to never let your tax situation influence your decisions. I can tell you countless stories of people who had big gains in a stock and refused to sell due to tax reasons. It happened to me early on in my investing days. Those big gains got crushed and many people ended up in the red. Don't be greedy. I will pay taxes on my gains all day long as long as I'm making money.

Curious how much STCG taxes eat into your results, vs. a buy'n'hold strategy

"Tough times don't last....tough people do"

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