Tuesday, January 26, 2021 5:24:13 PM
At this point, I'm hoping to squeeze every little bit of $$ out of it since I'll be selling my warrants for cash but will keep my shares for now.
I noticed you mentioned tax reasons and short term capital gains in a few posts. You should seriously think about opening a Roth IRA and trade thru that vehicle. You would never have to worry about either short term or long term gains and paying taxes.
I've been using my Roth IRA for 20 years for the bulk of my trading. Once you decide to cash out > 59.5 years old, you never would owe any taxes as long as you have had the Roth for 5 years. Plus if you keep it, beyond 72 years old, there is no RMD ( Required Minimum Distribution) like you have in an IRA, SEP IRA, SIMPLE IRA, 403(b) or 401(k) account.
Roth IRA is the best investment vehicle ever made available.
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