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I am an investor for the long haul but recently I have picked a couple of stocks that increase substainaly in a short amount of time. Of course I did not sell any of the stocks because of the tax consequences. Right now the stocks are worth what I paid for them but i keep thinking that i should have sold them because it will be a very long time before they ever reach where they have been. Someone said that i should have my investments set up in a nevada corporation. I have no clue about this and i defiantely not interested in day trading. Can you clear this issue up for me? What really is a nevada corporation set up for?
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