Originally, I was hoping to defer my gains until 2014 so I could delay the taxes.
Upon further reflection, Its best for me to take all my gains possible in 2013. While the initial tax bite will be stiff, it should keep my income in future years low enough to get kickbacks on my insurance some years.
So, I had placed a sell order at $13.25 a week or so ago and today it filled.
I bought on 11/18/08 at $3.56 so this is a nice gain for me. Many stocks did better of course but hindsight is 20/20.
Well, I didn't use my money for anything. Went into a bank account earning .85% so it might equal a penny more.
Did STEI holders get another dividend that I missed ?
My fear was it might spill over to next year but it didn't.
So now, Im on the government handout list getting insurance kickbacks as long as I keep my income low going forward. Which should be fairly easy to do because I cant find a lot of stuff Im willing to buy.
A few more days left to decide if I should take more gains this year or hold them.
My income cant go below $11,400 or I get no subsidy. And It needs to stay under $35k so I do.
$18.8k is ideal as I would get the bronze plan free.
I have an IRA which I trade with too and those gains are not subject to taxes. Unless I start pulling money out.