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Old 12-14-2011, 03:28 PM  
Sly
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Join Date: Sep 2004
Location: Austin, TX
Posts: 31,373
Quote:
Originally Posted by woj View Post
I'm no accountant, but I'm pretty sure you pay taxes on any capital gains...
*unless you reinvest in the same or very similar asset, but then what's the point of selling?
Sell one stock/commodity high, buy another low.

I have no idea if you have to remain in the same "class" or not.
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