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Re: TheMatrips post# 48955

Friday, 11/27/2020 7:50:22 PM

Friday, November 27, 2020 7:50:22 PM

Post# of 199556
If you hold it (your shares) more than one year. . .you move into "long term capital gains," and the rate of IRS taxation is generally less (than the short-term capital gains)!

"Google" long term capital gains. . .it'll give you the rates on bracketed amounts--profits, I think, on long term and short term. Write 'em down!! We're talking PROFITS!

(You're far better off holding stocks for more than one year, I assure you).