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Re: amarksp post# 10258

Tuesday, 08/03/2004 3:11:09 PM

Tuesday, August 03, 2004 3:11:09 PM

Post# of 19037
Capital Gains?

What are they?

Rarely a problem for me as either:
(A) I have a huge capital gain offseted with a bunch of dawgs
or
(B) I hold until I have no capital gains. Just capital losses.

(B), as you can see gets folded in (A).

Your (USA) rules are specific and different than Canada which has no rules.

But my focus has started to change - I would rather take the gain and worry about the tax implications another day. (RRI for example).

But a solid long term blue chip - that you intend to hold for years (like an AIG or something), yes you are better off in the long run to hold with perhaps a "put option against the market" when required.

I deemed RRI not a long term hold so it was an easy call.

Anyahoo... yes lets change the subject...

Total!
blake


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"An umbrella with holes is better than no umbrella at all."
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