[BigBeauford]

Originally Posted by Hammock Parties

Short-term gains are taxed more than long-term gains (over one year).

Adjust accordingly. You may want to hold for a year (March 24th) to minimize tax.

https://www.investopedia.com/article...-tax-rates.asp

Originally Posted by Rain Man

Definitely hold it for a year to minimize taxes, as Hammock said.

Originally Posted by rydogg58

Stocks held less than a year will be subject to a capital gains tax. That tax is calculated based on your income tax bracket. If you sold it after a year, that tax rate is going to be lower.

In the end it comes down to what your investment goals were for that stock. Profit is profit, and you can never go wrong taking it.

Great answers. I think I'll wait for the full year and take the chances. It's a pretty decent tax difference, and I have confidence in the portfolio moving forward. Almost tempting to hold longer.