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Author: warlord Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 122043  
Subject: What do I do?! Date: 8/14/1997 9:48 PM
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Hiya.. Im a new investor.. only 25. I make aprox 30k.. near 40k with overtime :) I want to invest in a company I think will be BOOMING within 4 years..<Loral space communications> but I dont wanna buy the stock for 16 now and then when it goes to $100 a share I lose 30k in taxes when I cash out. Id like to cash out in aprox 5 years and put the money towards a new house or condo. What do I do?
How can I protect my money from being bombed by taxes? I know I will definately need the money in aprox 5 years.
I read the new tax laws, im so confused my head is going to explode, please help :)

PS- Remember, im new.. Be gentle :)
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