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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (7145)6/12/2006 4:09:20 PM
From: Seeker of Truth  Read Replies (2) of 217840
 
Hello TobagoJack,
If I lived in HK where there is no capital gains tax I would probably jump in and out too. With a 27% capital gains tax I am encouraged to stay put. So called "steady" is really a kind of shame at selling at a bottom, which seems like a worse sin than holding on at an "obvious"(??) top. The losses, in tax, in and out brokerage commissions, buying back at a higher price etc. can add up to a staggering, embarassing number. I admit I feel idiotic now but when somebody gives you a problem 6 + 7 + X = ?
and won't tell you what x is, then to err is natural. That's what the market does to us, whether Au,Cu,COS or whatever. If Buffett can't predict short term movements, why should we be able to do so?
SoT
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