Waiting for long-term capital gains?

Discussion in 'Stocks' started by brooklyn_3p3, Feb 21, 2007.

  1. How do you guys determine whether a stock position you've held for say, 6 months, is worth holding for another 6 just to save the 15% or so on taxes by making that position categorized as a long-term capital gain? I'm having a lot of apprehension right now when considering what to do with stocks that have had large gains but may be due for a pullback. Do I not sell now before the correction if I think it will correct down less than 15%? This is not new to me but I have never felt the need to be generally selling out of big gains more than now. Is there any technique to increase the income? How Much Money Can I Make?