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My Advice to anyone that is involved in the Stock Market or want to be...
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04-08-2010, 01:39 PM
Houdini
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Join Date: Dec 2001
Location: SoCal
Posts: 1,651
Not to mention - taxes. Profits made from any stock held over a year are only taxed 15%, vs day trading, you're paying the regular tax rate, which can be as high 38% if you're in the highest tax bracket.
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