Re:Not Saying Winter Is Coming, but Where’s Your Coat?
by Retric on Wednesday August 03, 2016 @04:54PM
(#12221434)
You only make money after a sale, up to that point your still gambling. AKA a big stack of chips is not the same thing as a big wad of cash you have to actually leave the casino without blowing it.
Re:Not Saying Winter Is Coming, but Where’s Your Coat?
by ori_b on Thursday August 04, 2016 @12:04AM
(#12223313)
> You only make money after a sale, up to that point your still gambling. AKA a big stack of chips is not the same thing as a big wad of cash you have to actually leave the casino without blowing it.
Yes, but I want to sell off to diversify the kinds of chips I'm holding. At the moment, the tech stocks I'm holding on to as a result of work are doing quite well, but I'd like to insulate myself from risk anyways.
This is true, but if you are making money and getting tax, but if you are also losing money and not reducing taxes (because you are trading a lot and getting gains taxed some years but not saving on taxes in down years), you will hurt yourself.