RE:RE:RE:Capital Gains Tax - Just Buy and HoldDemocratus wrote: Exactly! Plus you have to invest in something else every time you cash in. Why not pick a winner and ride her like a rented mule?
Why would you have to invest in something else each time you cashed in?
In my example, lets say I open a margin account, and put $10,000 into it. I should be able to strictly buy ONLY ogi, I should be able to do that as many times as I'd like throughout the year. the gains would just pile up...You'd owe 50% of your initial profits (2500), then 50% of your 2nd cashout (3750) and together, you'd owe a total of $6,250.