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Alias Born | 09/04/2019 |
Tuesday, August 25, 2020 7:52:36 AM
I thought that's why we are all here right?
Nothing personal but, I believe my investment strategy (capital gains) will deliver to me, much more after tax dollars than your day trading strategy here at CLSI.
My chief aim is to keep more of my earnings, pay my small taxes and reinvest them in companies like CLSI as well as, other long term (Blue Chip) stocks. I've indicated this in several of my past posts.
You can flip stocks if you like but, (IMO), paying more in taxes than you have to, seems foolish to me. Or if your aim is trying to eek out a living on a daily basis (flipping) is not the way to go. (Could be a lot of days with out meals and bills would be piling up). It could be stated another way; A fool and their money are easily parted!
I like this theory; A Bird in hand, is worth two in the bush! I don't gamble with my lunch or milk money. Just my "LONG TERM CAPITAL GAIN" profits. This way I don't get upset when the stock or its price does not react the way I expect it to.
This seems to be a problem with many posters on this board, if you know what I mean?
GO-CLSI
GO-DR.DOKI
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