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Financial Planning / Tax Strategies


Subject:  Re: simple tax question Date:  2/10/2013  12:16 PM
Author:  TMFPMarti Number:  117716 of 127616

The stocks in the taxable account are from a completely different company (F), and I've held them for a long time because they did so well. Now I worry about selling them because of taxes on the profits.

Would you like to hear about how I solved my problem about selling CSCO and incurring a short-term gain? Rode that puppy all the way down to a loss that provided me a carryover for a couple of years. Bad decision.

As we like to say in these parts, Don't let the tax tail wag the investment dog (DLTTWID). If you have a better use for the current value of F, sell all or part of it.

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