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So? I have some cash that I keep in the bank that just sits there

and is there primalry in case I have an immediate need for something (home reno, buying a car, unexpected medical expenses, impacts of a teenager being a teenager etc.) I will take that money on days like these and buy something with the intent to sell in 2-3 days when things level out. Agreed the tax rate is like 35% or something, but hey, its not like it was making me money sitting there in the bank anyway................

(In response to this post by CPRVHokie)

Posted: 10/11/2018 at 12:51PM

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Current Thread:

📉 ** -- OXVT 10/11/2018 11:07AM

I could make it go back up by selling everything. ** -- Will Stewart

10/11/2018 12:15PM

BUY BUY BUY, then sell in 2 days when things are back to normal. ** -- vt_mughal 10/11/2018 11:20AM

Short term cap gains are taxed like a mfer ** -- CPRVHokie 10/11/2018 12:44PM

Take some losses to offset the gains. -- Hokie CPA 10/11/2018 3:26PM

Profit is still profit. You can always plan for taxes. ** -- vt90 10/11/2018 12:56PM

It was a statement of fact. An a true statement of fact. ** -- CPRVHokie 10/11/2018 1:55PM

So? I have some cash that I keep in the bank that just sits there -- vt_mughal 10/11/2018 12:51PM