10-15-2014, 09:13 AM
Apoc Wrote:That's cool but that is not exactly playing the market in the sense that I think these guys are talking aboutWRXtranceformed Wrote:So do you guys just take the cap gains tax hits every time you sell your stocks when the market drops? Do you factor those in to the gains you have earned? From what I understand, if you hold stocks less than a year you have to pay your regular income tax rate on the gain instead which is generally worse.
I trade based on wwhere I think individual stocks are headed and not overall market movement. With that, it's somewhat uncommon to keep a stock less than a year.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
