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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: marc ultra who wrote (5324)5/24/1999 4:02:00 PM
From: Investor2  Respond to of 15132
 
RE: "Something tells me I'm going to pay a lot of taxes this year."

I'm facing the same problem as well. In fact, good or bad, it's becoming a fairly large consideration in my decision to sell securities held less than one year. I've often heard Bob's comment about solving the capital gains tax "problem;" i.e., hold on through the bear market and your capital gains tax problem tends to disappear. Nevertheless, I really don't feel like sending in a large estimated tax payment right now.

Best wishes,

I2