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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (64682)12/19/2000 2:33:46 AM
From: Ray Rueb  Read Replies (1) | Respond to of 122089
 
Shorting also has interesting tax consequences

I find it interesting if I short a stock at 10 and it goes to 1, and I don't close the position....

When do I pay my taxes on my gains?
Yet, when are my gains available for re-investment?

You all be careful out there
Ray



To: Mama Bear who wrote (64682)12/19/2000 8:04:53 AM
From: smchan  Read Replies (1) | Respond to of 122089
 
Correct. It's dividends from the money market. It's what convinces me that a short ROI can't be calculated. How can the money be in two investments at once?

I see this point now. Perhaps I should just stick to thinking of profits in terms of points rather than percentages.

Sam


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