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Financial Planning / Tax Strategies


Subject:  capital gains Date:  4/3/2000  3:45 PM
Author:  shredbetty61 Number:  33390 of 131133

How does one deal with the increasing large capital gains taxes that result from selling stock, which has appreciated, when one finds what is thought to be a better investment? Is it better to NEVER sell, to avoid a capital gains tax? I had a stop loss order in on a company which I had a large gain; it lost 40% in 2 days, the sale executed, and now I have a giant tax bill due to Uncle Sam. The company has since recovered and then some, and I would have had an even better paper gain had I not sold, but who has that crystal ball?
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