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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: I Goldstein who wrote (9222)12/8/1997 8:04:00 PM
From: AlienTech  Respond to of 13456
 
the way the thin works is, you make money you pay taxes. If you loose money theres usually some loop hole they can get you for not paying enough taxes on the gains you had from somewhere else. so yes you have to pay the taxes. Another thig I just learnt is, expences from day trading are not deductable as a business expense since its your own money. I would definetely sell enough to offset any gains you have had in any stock, apm and wdc aint going anywhere in the next few months so you can buy it back around the same levels next year sometime. The idea is to pay the least amount of taxes in which case its better to realise the least amount of gains.



To: I Goldstein who wrote (9222)12/8/1997 9:33:00 PM
From: Chih-Lun You  Read Replies (4) | Respond to of 13456
 
You can sell your APM and WDC position before the year end to the amount of the gain you realized during the year, then buy them back immediately. This can offset your realized gain.


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