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by mcherm
4474 days ago
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You have an odd way of phrasing it. I would have said that the tax issues DO change because you've held an asset for Y years: if Y >= 1 year then you are taxed at one rate and if Y < 1 year then you are taxed at a different rate. Regardless, the tax consequences are now clear. |
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Fair enough, but my point is that you aren't taxed at all until you sell the asset. People who haven't invested much don't get that, and it's an argument in favor of buy & hold.