SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Guardian who wrote (9221)4/3/1999 5:22:00 AM
From: Venditâ„¢  Respond to of 41369
 
OT:

are you using trader status for taxes, and if so, do you have any view as to the pro's and con's of mark-to-market .VS cash accounting??

Gaurdian I'm one of those people who pays a CPA monthly to keep up with my business numbers and personal finance. I really don't get involved in the accounting procedures that the firm uses so I am not qualified to answer that particular question.

you mentioned taxes and i presume from your posts that your trading is at least profitable.

Tax time has become a dreaded time of the year for me as I'm sure it is to most of us......in fact that is probably why I am up so early on a Saturday morning. (April 15th less then 2 weeks away)

Last December I sold all my loser stocks and took it all and bought AOL. That one investment is up 171% in a little over 3 months just buy and hold with no options involved.<g>

Vendit