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Re: TheIcon post# 23159

Friday, 01/31/2014 7:38:32 AM

Friday, January 31, 2014 7:38:32 AM

Post# of 290030
The JOKE is on those who buy at .25, and sell at .50, only to see it 5 years later at $50

Say they bought 100K shares for $25K, and sold for $50K. Makes for profit of $25K, or after short term capital gains tax of 30% $17.5K

A really nice gain for a couple of months, but had they waited 5 years for $50 they could have sold for $5 million, which is a gain of $4.975,000 taxed at long term capital gains of 15% makes for a profit of $4.25 Million.

Sell now for $17,500 profit, or wait for 5 years and a possible $4.25 million profit.

The joke is on those who sell TRTC too soon.