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10/31/12 8:59 AM

#46418 RE: Sarsoor #46417

I already get taxed at about 35% for my job... Nothing new to me... $1600/week in taxes when I'm at work.. So everything I profit I automatically set 35% aside... And move forward... Then at the end of the year it's there if I need it...

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.