Re: Investment Strategies?? Long VS Short term capital gains
- From: koolair@xxxxxxxxx
- Date: 27 Feb 2006 13:13:20 -0800
If you are somewhat seasoned in trading stocks or any security, then I
would not worry about the taxes. Draw-downs and losses are much more
of a priority. Remember capital gains taxes means only 1/2 of your
capital gains are added to your taxable income. Further, if your gross
income including investments is in the neighborhood of $75k - $100k or
more, and you are in USA or Canada, you should look at "buying" capital
losses. Venture capital firms give you 5:1 on your "investment" into
capital losses. That means for every $5000 you invest, they will give
you $25,000 in losses to post on your income statement. This is taken
off the top (gross income - capital loss) before you are taxed. Uncle
Sam will owe you. Look into it. Also, check out this clip, it will
help you replenish your brokerage account:
http://dice.myopportunitypro.com/flash1/?SOURCE=replenish
The Space Boss wrote:
When you invest in a stock, do you try to wait before you sell it until
it's considered "long term" capital gains by the IRS (what is it you
have to wait before you sell? 3 Months??), or do you sell the stock no
matter what when it appreciates by a certain percentage??
On one hand, if you wait you avoid the short term capital gains. On the
other hand, I have bought a stock and have it shoot up 80% a couple
weeks later. I held on to the stock because I didn't want to have to
pay the capital gains tax, but the stock went back down..
What is the best strategy to use? I appreciate your comments.
.
- References:
- Investment Strategies?? Long VS Short term capital gains
- From: The Space Boss
- Investment Strategies?? Long VS Short term capital gains
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