Originally Posted by displacedinMN:
I am very lucky that my sister has an accounting degree her cpa and knows money very well.
I just also know that what I have in a mutual fund right now has dividends that we reinvest and we are paying taxes on that period I don't want to do that period.
When we sell this farm it will be split between my sister and I. It will be a sizable amount of money. I will let others do the math.
It won't reach one million, but we could have some capital gains on it I am willing to pay the 20% on that. I just don't want to have to continue pay taxes on the money that I'm investing and not be able to enjoy the salaries that we are making on our own.
I do trust my accountant. And the person that I would more than likely invest the money with. He has another batch of mine.
Is it being offered as 5 tracts in an online format? [Reply]
Originally Posted by lewdog:
Stock screening and boozing is taking place before a dip in the pool.
This is the watchlist. Some of these have patterns that need to extend first but they should be watched. Below that is the best looking patterns and entries for breakouts.
Sometimes the patterns you scan for don't end up materializing. Instead the stock may trend down, move sideways or breakout before squatting. That why you keep a handful of patterns ready so that if your initial targets do not perform as expected, you move on to another stock that meets your criteria.
If you have questions please ask. I hope someone is learning from this. And again, this is trading stocks, not long term positions. Long term positions in indexes/funds make up 80%+ of my total investments.
ENTG and CORE are likely my first targets if they confirm breakout.
Still have AMZN and MSFT open from trades initiated last week. [Reply]
Swing Trading is just about what it will give you, no set target. I’ll see how it moves and go from there. If it only moves 2% this week I may just cut it. Theoretically I’d like it to test recent 135 high. Based on my buy price, that would be 5% gain. I’d trim 25-50% of my position near that and raise stop to at least break even. That way I’m green even if stock retreats. [Reply]
