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<blockquote data-quote="Travlr" data-source="post: 1745168" data-attributes="member: 42463"><p>Ya know... every time Walmart sells you a ridiculously profitable product they have found ways to buy it for less money first to stock their shelves... That's a cost of doing business. They don't stop making money because they have to spend money to restock their shelves.</p><p></p><p>Besides... you can find places where you can buy and sell by yourself for minimal cost... and use your "investment person" to find numbers or stats that are important to you. They are getting paid to answer your questions, but that doesn't mean you have to take their advice. You can milk them for knowledge and make your own decisions.</p><p></p><p>And worry about the taxes on the gain is self-defeating too. It's also a cost of doing business. If I could make 200% and pay 10% in taxes on the profit I would avoid it if I could... but I would be buying and selling everyday and making money while I was complaining.</p><p></p><p>Is your banker or Investment Person getting rich taking their own advice?</p></blockquote><p></p>
[QUOTE="Travlr, post: 1745168, member: 42463"] Ya know... every time Walmart sells you a ridiculously profitable product they have found ways to buy it for less money first to stock their shelves... That's a cost of doing business. They don't stop making money because they have to spend money to restock their shelves. Besides... you can find places where you can buy and sell by yourself for minimal cost... and use your "investment person" to find numbers or stats that are important to you. They are getting paid to answer your questions, but that doesn't mean you have to take their advice. You can milk them for knowledge and make your own decisions. And worry about the taxes on the gain is self-defeating too. It's also a cost of doing business. If I could make 200% and pay 10% in taxes on the profit I would avoid it if I could... but I would be buying and selling everyday and making money while I was complaining. Is your banker or Investment Person getting rich taking their own advice? [/QUOTE]
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