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Netflix, Inc. (NFLX) Message Board

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  • georgherbet georgherbet Jul 6, 2003 5:11 PM Flag

    taxe question

    Oh, and letting your decision of when to sell be determined by worrying about the tax consequences is the stupidest thing you can do.

    You could wait until you're break-even, and then there'd be no consequences at all!

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    • > You could wait until you're break-even, and then there'd be no consequences at all!

      Or wait until you lose 50% of your original investment, so that you can have some long term capital losses. That helps out your tax situation.

      Seriously: your goal is to maximize your net worth. When it comes to investing in volatile stocks and markets, tax consequences ought to be one of the last things that you concern yourself with.

      Taxes are a cost of doing business.

      SOW

 
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