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Re: dmiller post# 230858

Friday, 11/29/2019 5:51:00 PM

Friday, November 29, 2019 5:51:00 PM

Post# of 425795

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.



Are there any resources you recommend for someone interested in investing strategies like yours? I am discovering that I am much more profitable getting out while I am ahead and so it's frustrating when the only advice I get is to 'buy and hold.'
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