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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: still learning who wrote (42883)	4/21/1999 2:56:00 PM
From: SliderOnTheBlack	Read Replies (6) \| Respond to of 95453

<cap gains taxes & commissions ? > still learning....yes - actually there could not be a more apples and oranges discussion than worrying about paying cap gains. Taxes come with earnings. Not much anyone can do about taxes when they are earning money. I worry about earning money more than I worry about paying taxes. - I pray every day that I incurr more cap gains !!! Obviously there may come a time for individuals to pay more attention to taxes than profits; however, still being relatively young - decades away from Soc Sec - I would prefer to take advantage of one of the most volatile markets in decades - In a more historically traditional market of 6-8-12% annual market moves - the potential gain %'s are minimized by the tax implications - but, not with 5 - 50% sector moves and numerous doubles, and triples in the making.... give me mo taxes ! Commissions with online trading are not even a factor any longer... We've had 5 runs of nearly 50% - and numerous side trades - my only intention is to build my capital - period. The single most misunderstood subject and incorrectly emphasized subject is the tax bais of trading.... taxes are a good thing (VBG) ! - after all its the American Way - just my small part to keep the economy going... Cramer of the Street.Com had a great article on capital gains and trading....can't have one without the other.... PS you still still have to pay cap gains even if you hold untill Solar Energy replaces fossill fuels ...just a little lower rate - I'll gladly pay the higher rate and turn/leverage/use the cash ! still learning; -- You've been reading Money Magazine too long (VBG); and you are a little ''ankle biter'' aren't you (VBG) ... good luck - remember, many different roads to the same destination... Where is da Bull ? .... it couldn't have been me that made him mad ? I didn't even see what did ? - I've probably read 80% of posts, maybe I missed one....? - C'Mon Bull - we'll let you be the first one in the pool at the Vegas Rig Party ! O'kay, we'll even let ''you'' be the one that gets to go up on stage with Susan Anton (I can arrange it by the way VBG) ... can't guarantee anything with Wayne Newton though....however, if you're into white Siberian tigers - let me know...