ANSWERS: 4
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Gains from the sale of stocks held for one year or longer are "long-term capital gains" & are taxed at a preferable tax rate. Stocks held for less than one year produce "short-term capital gains" which are taxed at the ordinary income tax bracket.
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If your money is in a retirement account, you don't need to worry about capital gains taxes as addressed in the previous answer. But, when considering selling a stock before it has been held for one year, you might be better off at selling the stock at a big profit and paying the additional tax if you feel the stock will be much lower after the one year wait. Nothing is easy and straightforward.
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DONT SELL, UNLESS YOU WANT TO LOOSE ALL THE WAY.
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DONT SELL, UNLESS YOU WANT TO LOOSE ALL THE WAY.
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