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Financial Planning / Tax Strategies


Subject:  Re: Capital Gains strategy for student? Date:  12/14/1999  10:00 AM
Author:  jack98 Number:  23073 of 127753

RooCat replied:
<<I suppose you could. My question is why would you cash out your stocks if you are doing well unless you need the money. Why not let it ride? LTCG tax is a 20% maximum so how big would the hit be later?>>

Ah...forgot to mention that most of my gains are either through daytrading (hiss!) or risky small-caps. The LTBH portion of my portfolio is not as big right now. That being said, does my strategy work?


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