RE **IT** It would seem to me that a prudent investor would consider all aspects of trading,
Ken we have been through this before.
don't sell because you don't want to pay taxes on your gains, and a stock is going down, You will end up with a smaller gain and less tax to pay.
Net net, you will have let taxes cost you money.
Now If you always assume that if something goes down that it will always make a new high, then you will make good mathmatical sence after all tax considerations are factored in.
If the stock does not go back to a new high, Then you will look foolish for not sell because you did not want to pay the tax.
Bottom line, Many stocks make new highs. At some point it will ba the last one for a long time to come. If you can get it right every time, then nothing matters. (Please give me a call if you can, I could use this skill) Otherwise, you must take gains when you feel the stock may have peaked.
Jim
Look Ken, We disagree on this. but what if you had not sold ORCL because you did not want to pay tax on the Gain. How about CD or OXHP or TSQM.
If you did not sell, you most likely did not have to pay much tax. |
