first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr This is the time of the year when many of us pay serious attention to taxes. In some cases, way too much attention.I can tell you from my personal experience.Case in point: one of the biggest investing mistakes you can make is to avoid selling a security in which you have a big profit because you don’t want to fork over part of your gain to the IRS – and possibly to state and local governments as well.No, I’m not talking about holding a security for a brief additional period in order to qualify for long-term capital gains treatment, which you get only on securities that you have owned for at least a year. continue reading »last_img

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