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Market Volatility Underscores Epic Buildup of Global Risk (nytimes.com)
2 points by zerosizedweasle 5 days ago | hide | past | favorite | 3 comments




The market can remain irrational longer than any of us can remain solvent. But I admit, recently I've been worrying about one big-tech company in my portfolio that skyrocketed recently. Predicting future is a fools hasn't, but if a crash is to happen, I hope it waits till the next year, because for tax reasons I don't want to take profits this year...

I've been in that position. And the stock went down two days after I decided to wait for next year, and the profits were only half as much.

When money is growing on trees, pick it and pay the taxes.





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