Thread: Investing 102
View Single Post
  #5231  
Old 11-13-2015, 07:07 AM
GregWeld's Avatar
GregWeld GregWeld is offline
Lateral-g Supporting Member
 
Join Date: Jul 2005
Location: Scottsdale, AriDzona
Posts: 20,741
Thanks: 504
Thanked 1,080 Times in 388 Posts
Default

Quote:
Originally Posted by Vince@MSperfab View Post
Oh man I have stories....losing $300K to avoid a $95K tax hit. Yeah, I was still scratching my head. And that is only one I have witnessed. Better to put it aside or make it work.



In a discussion with anyone - the minute they start telling me about selling at a loss so they can offset their huge income tax bill..... I know I'm talking to an idiot.
Reply With Quote