What are your thoughts on selling and taxes?
I go back and forth - my dad always says ‘now you gotta pay taxes on short term gains’ and my stepdad always says ‘yes but taxes on profit are still profit’
I get taxes suck; but I also understand that I pay taxes on wages I work for; and actually have to do work for that.
I have an IRA, 401k, and brokerage so I take advantage of tax shelters and am mostly long term with some trades when profit is high; but am interested to learn people’s thoughts on this.
Submitted November 28, 2021 at 11:39AM by 420DepravedDude https://ift.tt/315b48g
