I've been trading for 7 years now, and I average anywhere from 30-40% per year (for the past 5 years), mainly through leap options (mainly large caps and big mid caps). The problem is taxation. Is it worth going from trading to investing to save on taxes, even at the cost of some potential gains? In addition, Since we are at all time highs, buying now is not really worth it right? I back tested my trades for the past 5 years and I would have only made 17% per year (from 2019 to 2024). Is the change worth it?
Submitted November 29, 2024 at 02:17AM by Grouchy_Phase_3875 https://ift.tt/EUpRD1B
