Wednesday, October 31, 2012 8:59:03 AM
When I flip I trade, when I want long term stability I find a nice stable stock with a good dividend... I have a colleague getting me interested in flipping for dividends... Something about being in on a certain day and then you get the dividend check an selling out a fast as possible after... Literally in a stock for like 24hrs
The same colleague is getting me into some type of state backed bond or fund or something that pays like 10% and you don't get taxed on it ...period. Don't know all of the ends and outs yet...
Taxes are the nature of the beast... The sooner I learned to just deal with it an build a trading system for me around it the better off I was.
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