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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: saju chacko who wrote (52491)4/8/1998 10:45:00 PM
From: Joe NYC  Respond to of 186894
 
saju,

but, if you SELL it early in the year then you can use those tax dollars until the end of the year

You are supposed to pay your estimated taxes quarterly, you know that, right?

Joe



To: saju chacko who wrote (52491)4/8/1998 10:58:00 PM
From: carl a. mehr  Read Replies (1) | Respond to of 186894
 
I disagree! I hope that the day when I have to sell Intel will not come. If it performs as well the next five years as it did the last five years, that day is far off. Maybe we will get a tax code like Holland. I was told a few years ago that stock profits are not taxed. I wonder if that is still the case. Aruba might be the place!

Anyway you can borrow against your portfolio as it keeps going up. I expect that I will have borrowed many millions against my portfolio by the time "I kick the bucket" in year 2028! Yes, you can without selling your stock live the good life,
humble carl