Thursday, August 05, 2004 8:53:59 AM
Yes using my theory of compounding you must "upgrade" your stocks when you start playing with more money....two options really
1. spread smaller amounts over numerous stock
or
2. buy higher price stock where you could buy $100K worth of the stock and flip it during the day like QCOM or MSFT or the like
it diffinitely changes the ball game when you accumalate that much money but if you change 14K into 100K then i think you could live with having problems like those....lol
about the tax question you can use either but you have to stick with what ever one you start using
1. spread smaller amounts over numerous stock
or
2. buy higher price stock where you could buy $100K worth of the stock and flip it during the day like QCOM or MSFT or the like
it diffinitely changes the ball game when you accumalate that much money but if you change 14K into 100K then i think you could live with having problems like those....lol
about the tax question you can use either but you have to stick with what ever one you start using
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