sometimes i wish the market didnt move so fast as counter intuitive as that is.
The obvious issue now is how many people are going to take profits and cause a correction.
I am aware of the correction coming via the macro and that will hurt the high-flyers
for those thinking the same id say its more of a question of how much tax
If i sell and buy back i re incur the 1 year waiting period making and trade taxable at 50% for anything less than a 1 year.
if i hold through the dips, I am guaranteed future sales are at 25%
Given i am expecting the 1 year gains to be much more than 25%, there is no point in selling out now only to buy back or even worse miss out on gains.
Furthermore the correction is unlikely to be higher than 25% noting that 25% today is much more in terms of market cap than 25% rising up (i.e. from a lower market cap). in other words, the real value drop will be less noteable
AVL Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held
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