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Samson Soturian
Bloomberg Television
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Comments by "Samson Soturian" (@samsonsoturian6013) on "The Big Tax Bills Facing New Traders" video.
It's about potentially raising taxes by a lot
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 @Thatanonguyintheback long term capital gains, yes. But the point of the video was a lot of novice traders find out the hard way why it's better to hold for at least a year. In one extreme case, a guy bought and sold the SPY fund daily thinking he could outsmart the market. He didn't, and made little money, and due to wash sale rules his losses were discounted but gains were counted resulting in a nominal tax bill lager than his net worth.
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Same story. You and I have enough spending money to afford it.
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Smile for the camera.
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Dude, this is happening because Mr Biden thinks only rich people own stocks.
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