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Biotech / Medical : 2015 Biotech Charity Contest
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From: BulbaMan7/20/2015 3:15:20 PM
1 Recommendation

Recommended By
Arthur Radley

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Thanks Filo, IJ & Steve,
I agree it makes the most sense to judge each stock independently and not trade based on a general rule; e.g., sell after a 50% gain. But there’s always that famous Bernard Baruch quote in the back of my mind: “I made my money by selling too soon.”
As for taxes, like Scaram, I do virtually all my trading in a Roth IRA. But no tax considerations has two downsides. If I had to pay taxes I might hold on to big gainers longer to get a lower capital gains rate. And I tend not to sell losers as I don’t get a tax benefit by selling.
Peace & good health,
Bulba
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