Replies to post #16850 on Wanderport Corp (WDRP)

[Kingfisher2]

I believe it is in reference to the Bush long term capitol tax gain rates which are set to expire this year.

[StinkyPinkSheet]

You're taxed differently on stock gains depending on if you've held the stock for less than or more than one year....with higher tax if you've held less than a year to promote long-term trading.

Pretty substantial 15% vs up to 35%...

[crackaboy15]

Are you new to this or something man? If you sell your shares less then a year from purchase and you make such and such amount, the taxation on your gains is going to be much larger then if you were to sell less then a year. Plus your spending a caboodle on trade commissions buying and selling. So the 15 percent that you make from flipping your basically paying for it later in taxation and commissions unless you are trading out of your IRA.