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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (308)5/23/1998 1:17:00 PM
From: Monty Lenard  Respond to of 1383
 
"Keep in mind this new source of income is brand new to you. WILL IT CONTINUE? Before you go off the deep end with tax avoidance strategies, remember that your Investing activity may decrease in the future as the novelty wears thin."

Colin, very good advice!!!

Monty



To: Colin Cody who wrote (308)5/23/1998 1:21:00 PM
From: Adivino  Read Replies (1) | Respond to of 1383
 
Thank You Colin,

But since I do receive my retirement check without taxes I was thinking of setting up some type of business. I would think that if I invested some of my capital gains into a new computer, went isdn hookup, went with software level 2, online trading and the expense to do DD and attend stockholders meeting I could have somewhat of a tax break.

Thank You


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