Very true All Good, but that is a flipper mentality. I have been here longer than most and the bulk of my shares are owned for more than a year. So if I sell, I make a huge profit, but I lose my least expensive shares (I call them my insurance policy). When I do eventually sell, I will pay the lowest tax and will not have to give the government nearly half of everything I made. Flippers and day traders pay enormous tax bills, and at the end of the year they often are no better off. Believe me when I tell you I do know and have known many who day trade and flip all the time. The family break ups and other issues may be worth it to some, but it is no way to live in my opinion.
Remember, I advocate for people to live life on your own terms. If you are flipping and day trading, you are always following, and never have control of anything. The worry and insecurity are a killer.
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