The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: simple tax question||Date: 2/10/2013 12:16 PM|
|Author: TMFPMarti||Number: 117716 of 121061|
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.
Rule Your Retirement Home Fool
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|