stimulacra
Senior Member
- Joined
- Dec 30, 2009
- Messages
- 366
- Reaction score
- 71
I always sell immediately lol
Yeah I thought I could save on some taxes by waiting for LTGC to kick in after 12 months post purchase…
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I always sell immediately lol
The opportunity cost of waiting 12 months isn’t worth the minor decrease in taxes (for me)Yeah I thought I could save on some taxes by waiting for LTGC to kick in after 12 months post purchase…
The opportunity cost of waiting 12 months isn’t worth the minor decrease in taxes (for me)
Yeah, ours is 15% so it makes sense to do a quick flip twice a year, but 7% is iffyYeah lesson learned… also the 7% discount isn't really much of an incentive to participate in the first place. I'll probably opt out of it mid-2019.
If you factor in total return including dividends (and just reinvest them)...Jan 1990 to July 2018 is only -13.6% total return, -0.5% annualized.
That's still negative, but it is buying at the peak and then never buying again (except for dividend reinvestment). If you did some buying in the 80s before it blew up, and did some buying during the subsequent 30 years...you'd be coming out ahead. Still poor returns, but ahead.
Diversification I guess?