Always remember about taxes … if it’s a retirement account, you’re okay … if it’s not, you’ll pay 35-40% in taxes on any gains you make. And, if you bought a house or intend to buy a house this year, capital gains due to the sale might just be enough to kick your AGI above the $8000 tax credit eligibility threshold. You should always do the math.
If you’re investing outside 401k/IRA, it may be more profitable to wait out a small correction long stocks till you lock in the LTCG status, than to bail at the first sign of danger.
On the subject of feelings, I fully understand your feelings, but my rational side tells me that the stock market has enough strength left for one more rally. Maybe I’ll exit in October.
I wonder how many short term traders are clueless about the tax implications. I like to think most of the Piggington faithful aren’t in that eventually stunned group.
I wonder how many short term traders are clueless about the tax implications. I like to think most of the Piggington faithful aren’t in that eventually stunned group.
I wonder how many short term traders are clueless about the tax implications. I like to think most of the Piggington faithful aren’t in that eventually stunned group.
I wonder how many short term traders are clueless about the tax implications. I like to think most of the Piggington faithful aren’t in that eventually stunned group.
I wonder how many short term traders are clueless about the tax implications. I like to think most of the Piggington faithful aren’t in that eventually stunned group.
I followed your lead, sdrealtor! At least for my two largest retirement accounts. Hope your investment sense is as sound as your knowledge of real estate markets.
I followed your lead, sdrealtor! At least for my two largest retirement accounts. Hope your investment sense is as sound as your knowledge of real estate markets.
I followed your lead, sdrealtor! At least for my two largest retirement accounts. Hope your investment sense is as sound as your knowledge of real estate markets.
I followed your lead, sdrealtor! At least for my two largest retirement accounts. Hope your investment sense is as sound as your knowledge of real estate markets.
I followed your lead, sdrealtor! At least for my two largest retirement accounts. Hope your investment sense is as sound as your knowledge of real estate markets.
[quote=sdcellar]I wonder how many short term traders are clueless about the tax implications. I like to think most of the Piggington faithful aren’t in that eventually stunned group.[/quote]
The little short term trading I do, I do in my IRA.
I did quite well last year when the market was going 300 point one way then 300 points the other the next.
[quote=sdcellar]I wonder how many short term traders are clueless about the tax implications. I like to think most of the Piggington faithful aren’t in that eventually stunned group.[/quote]
The little short term trading I do, I do in my IRA.
I did quite well last year when the market was going 300 point one way then 300 points the other the next.
[quote=sdcellar]I wonder how many short term traders are clueless about the tax implications. I like to think most of the Piggington faithful aren’t in that eventually stunned group.[/quote]
The little short term trading I do, I do in my IRA.
I did quite well last year when the market was going 300 point one way then 300 points the other the next.
[quote=sdcellar]I wonder how many short term traders are clueless about the tax implications. I like to think most of the Piggington faithful aren’t in that eventually stunned group.[/quote]
The little short term trading I do, I do in my IRA.
I did quite well last year when the market was going 300 point one way then 300 points the other the next.
