Replies to post #2246 on Golden Star Resources Ltd (GSS)

[PayDirt!]

Correct, because you want to keep the first bought as long as possible. That way if you decide to hold some, you have the best chance of going long on the stock and incur less taxes when you sell.


Short term sells are before a year, Long would then be after a year. long term, you pay less tax.

Here's a link that explains it better

https://turbotax.intuit.com/tax-tools/tax-tips/Investments-and-Taxes/Guide-to-Short-term-vs-Long-term-Capital-Gains-Taxes--Brokerage-Accounts--etc--/INF22384.html