5 ms·

If I keep reinvesting am i fine as long as I am not taking out profits?

• carbocation 8y ago
  Every trade produces a taxable event, so no.
  • kombucha2 8y ago
    • pwinnski 8y ago
      They are. If you liquidate your position in one stock to buy shares of another stock, that's also a taxable event.
      • kombucha2 8y ago
        Maybe I just wasn't trading enough with stocks to notice. I remembered always closing short potions to initiate long positions and not paying taxes until closing the long. Clearly, I've been confused this whole time.