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Re: onthelak42 post# 5524

Monday, 08/12/2013 9:56:59 AM

Monday, August 12, 2013 9:56:59 AM

Post# of 57850
Also the amount of time you hold a stock has to do with taxes you pay on a profit: (when we do get to that place and I believe we will) if you hold the stock a year or under, that's a short term gain; higher taxes and if you hold it a year and a day or longer, that's a long term gain; lower taxes. You may know this already, but it's an interesting point for those who aren't familiar with the tax laws.

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