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URL:  https://boards.fool.com/if-i-keep-my-money-in-stocks-and-dont-touch-it-10753929.aspx

Subject:  Re: Dependents.... Date:  4/9/1999  11:51 PM
Author:  TMFTaxes Number:  14236 of 131416

[[If I keep my money in stocks and don't touch it
and simply reinvest my profits back. Do I still
have to worry]]

If you SELL your shares for a profit, you'll have taxes to deal with. There are no provisions to avoid or deferr taxes by "reinvesting" the profits.

Once you sell for a profit, the tax man cometh...regardless of what you do with the money.

TMF Taxes
Roy
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