SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jas cooper who wrote (65438)10/12/1999 2:30:00 PM
From: Bryan  Read Replies (1) of 90042
 
In 1997 I made about 500 trades. In the end, all it brought me was a higher tax rate.
Then you must have done pretty well.
Or did you mean tax preparation rate.

I do a lot of option trading so it's hard to avoid transaction costs; they pile up quick. But you are correct about long term investing. Just pick good companies with steady earnings growth and buy more on price weakness. Bank stocks are good for that....and you get dividend income as well. NTRS..... my favorite.

If I think I have a good short-term shot, I buy a CALL or a PUT position. I immediately know my downside (especially handy if I want to short something), and the time element ensures that I don't marry the stock. Jane would love to hear that. TAXES? What cha gonna do?

bk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext