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Non-Tech : APCO Automobile Protection Company
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To: KZAP who wrote (2297)7/17/1998 5:09:00 PM
From: Jack Mills  Read Replies (1) of 3351
 
KZAP,
The way I look at it is I pay 28% Capital Gains plus state taxes?
So out of your 15% and what ever else you will pay over 28% to your state to me it isn't worth the paper work. Unless you sold at 14 and bought back say 9 that would be worth the selling and buying. I just like to get a good company and ride its move up.
I bought UIS over two years ago for 7 now it's 30 and I haven't pay any taxes on that gain so all my money is still working for me and not the Government.
Sincerely, Jack
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