Talk of The Villages Florida - View Single Post - Take Gains / Buy Puts
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Old 06-21-2024, 02:21 PM
manaboutown manaboutown is offline
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If I took gains I would pay enormous taxes and end up about where I would be if the market took a serious dump as most of my holdings are in taxable accounts. Plus once taxes are paid that money has gone bye bye forever to be squandered by the government. I am not a trader. Mostly I have invested in stocks to buy into solid businesses. I am about 60-40 stocks to T bills at present. More than 3/4 of my net worth remains in real estate anyway. Stocks have always been a bit of a sideline for me.
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