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If my short term capital gains tax is at 30%, vs the long term of 15%, isn't it generally lot better to hold all my investments for at least a year(even if miss the peak) before taking in profits?

In my particular case, I own some amounts of NVDA stock, purchased at 70$ late last year. Unless the price falls to ~140, isn't it better to hold for 1 year(even if it's less than 170 later), than to sell at the current price of $170?

I keep reading posts by users saying they want to take in some profits, I assume they're all long term holders? Unless they believe the price will fall more than 20% post earnings?



Submitted August 07, 2017 at 01:59PM by poopiehead46 http://ift.tt/2vy2UUG

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