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So you made $0.80 in short term capital gains and are getting whacked on the taxes plus paying commissions buying and selling?Vs. $0.50 in dividends and getting taxed at a much smaller level?I think I'll stick to buy and hold in my IRA.
If you have an IRA,that's what you should do.I don't have an IRA. So I would get taxed on the dividends also.One more thing,I have prior losses,so the capital gains I makeis all mine. Now on the commissions,I only pay 9.95 a trade.Small change.