11-08-2021, 04:41 AM
buying for you, but not for them
<!-- SC_OFF --><div class="md"><p>Taxes are owed after selling, this disourages selling. It encourages buying. Not too surprising then that there is more buying in general then selling, therefore stocks go up.</p> <p>Oh but wait, the government at anytime can scare the market. A scare means selling. And selling means sweet sweet tax dollars for the government machine. </p> <p>Dont get swindled the next time a big dip comes our way. Buy or hold. Do not sell and let them tax you. They arent going to do anything good with the money. They'll probably send it to some other country anyway</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/codeslinger06"> /u/codeslinger06 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qp4mkh/buying_for_you_but_not_for_them/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qp4mkh/buying_for_you_but_not_for_them/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Taxes are owed after selling, this disourages selling. It encourages buying. Not too surprising then that there is more buying in general then selling, therefore stocks go up.</p> <p>Oh but wait, the government at anytime can scare the market. A scare means selling. And selling means sweet sweet tax dollars for the government machine. </p> <p>Dont get swindled the next time a big dip comes our way. Buy or hold. Do not sell and let them tax you. They arent going to do anything good with the money. They'll probably send it to some other country anyway</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/codeslinger06"> /u/codeslinger06 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qp4mkh/buying_for_you_but_not_for_them/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qp4mkh/buying_for_you_but_not_for_them/">[comments]</a></span>Kind Regards R