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 : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (8483)10/18/1999 10:46:00 PM
From: uel_Dave  Respond to of 54805
 
<<They were up too much to sell and suffer cap gains. >> Jill, I went through the same scenario earlier in the summer; although mine was only a 5 bagger from WCOM. However with some good persistent nudging from LindyBill ( via PMs ); I was able to sell it to allow the cash become an 8 bagger (less taxes )instead of falling back to 3.5. Although now I have to deal with the capital gains, but looking back it was good to sell a King or Prince to buy that Gorilla called Q. And we have high taxes in Canada, I will have to pay ~ 38%. Short term pain for long term gain, I hope.

Cheers,

David

PS: The numbers above were only for reference, since you may have 100 + bagger and need to have a great accountant to help you out or move to an island where they look after this inconvenience.