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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Trebor who wrote (4118)	3/14/1998 11:00:00 PM
From: sea_biscuit	Respond to of 42834

"Don't let the tax tail wag the investment dog." Put another way, the only thing worse than paying taxes is to not have any profits to pay taxes on. True. As Dan Cassidy says in his book, "It's When You Sell That Counts", investors who refuse to sell a stock because they will have to pay capital-gains taxes are justified in doing so, but only if one of the following is true : (a) They bought the stock with the "hope" of making a loss! Or (b) They bought it under the assumption that it will NEVER rise! Or (c) They bought it with the belief that they will hold it forever! Dipy.