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.
Technology Stocks : INTC
INTC 35.53-1.1%Nov 14 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Engel who wrote (595)7/23/1997 3:13:00 AM
From: Frodo Baxter   of 990
 
Paul, of course you are correct. I wonder too about the traders that seem to populate SI. They must have Schedule D's that are 50 pages long. But I was holding calls, not shares, and they had to be sold eventually. Intel's own projections were that Q3 is going to be a relatively unremarkable quarter. The alternative to selling would have been to drip time value in a volatile market holding an issue that I think is fully valued for the moment. Frankly, I just didn't have the stomach for it.

The only thing worse than paying taxes on trading gains... is not paying taxes.

Obviously, if you have a secret method to gain substantial leverage AND minimize the tax bite, please e-mail immediately :)

P.S. Do you disagree substantively with my short-term doubts about Intel?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News