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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (17570)	12/9/2023 9:15:00 PM
From: Kirk ©	1 Recommendation Recommended By Sr K Respond to of 26858

Well, with multi baggers, you're better off taking profits, paying the lower capital gains taxes before President Newsome uses the Taxifornia method of treating capital gains as normal income... and the democrats will have enough illegal aliens converted to voters in currently red states to get it passed. Another trick is to convert some of your IRA to a ROTH, use the money to pay taxes, then buy the shares back in your ROTH near the bottom of the next cycle. You don't need to be perfect... I started buying COHR far too early, but now most of the ROTH buys of COHR during this takeover downturn look brilliant and we're nowhere near the last top.