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Message: taxes - forget it

Nov 29, 2007 05:48PM

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Nov 29, 2007 07:38PM

follow your own best counsel, but I pay zero attention to the taxes due. I render unto Caesar what is his, and trade only as it makes sense for the capital gains. It is already hard enough to make money trading. Adding the tax angle in sours the soup. That game is for people who major in bank stock and IBM.

An old construction boss of mine (Alf Pratt, I wonder if he's still around) taught me a heck of a lot. One of those things was "don't get bent all out of shape" (think of a balled up wire coathanger). My philosophy is - if you're paying taxes, it means you're making money. All power to you.


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