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02-05-2021, 06:37 PM | #7066 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,778
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02-05-2021, 10:04 PM | #7067 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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Posts: 15,356
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2 0 |
02-05-2021, 10:19 PM | #7068 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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I believe I need to wait till I've held them for over a year to avoid paying the short term capital gains tax. There's less than two months to go so I'm going to try and hang on till then. If the market takes a big hit from another event like the pandemic then I may just double down because as long as interest is kept so low it will bounce back pretty fast I think. I think!?
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Posts: 15,356
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02-05-2021, 10:28 PM | #7069 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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Posts: 15,356
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02-05-2021, 10:44 PM | #7070 |
In Search of a Life
Join Date: Jan 2010
Location: L.A.
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I do all my crazy stuff in my IRA so I won't have to worry about that. I do the really crazy stuff in the small Roth I have. Trying to run that up to 6-figures tax free.
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Posts: 27,497
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02-05-2021, 10:55 PM | #7071 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
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Posts: 57,710
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02-05-2021, 10:58 PM | #7072 | |
Banned
Join Date: Jan 2013
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Quote:
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Posts: 53,803
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02-05-2021, 11:04 PM | #7073 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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Posts: 15,356
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02-05-2021, 11:14 PM | #7074 |
Banned
Join Date: Jan 2013
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Posts: 53,803
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02-05-2021, 11:18 PM | #7075 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,710
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1 0 |
02-05-2021, 11:20 PM | #7076 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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Posts: 15,356
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02-05-2021, 11:26 PM | #7077 | |
Banned
Join Date: Jan 2013
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Quote:
Age is a consideration as well. Younger = more aggressive. Older - safer. You can see that in those year of retirement funds your 401K probably offers. |
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Posts: 53,803
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02-06-2021, 12:09 AM | #7078 | |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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Quote:
I'll be 60 in August so I need a good strong 5 years of growth. In my 401k I just go down the middle on aggressiveness. |
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Posts: 15,356
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1 0 |
02-06-2021, 12:19 AM | #7079 | |
Banned
Join Date: Jan 2013
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Quote:
Last edited by eDave; 02-06-2021 at 12:24 AM.. |
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Posts: 53,803
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02-06-2021, 03:01 AM | #7080 |
MVP
Join Date: Sep 2019
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Posts: 16,661
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1 0 |
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