DLS bulls are coming soon?, page-23

Lol - you must be one of those rare investors that only buy stocks for the LT that all go up , no doubt like your current exposures. Don't forget the power of compound and the time value of money. Last I heard one pays Cgt when you sell. If you truly have such gains across a portfolio ( and I have been in the market a very long time, and work in the industry and I have seen many portfolios, then you would ultimately pay 24.5% tax. Despite what people think there are only a hand full of Stocks that are best not tradeable and LT holds involve giving up as many gains . A couple of Health care stocks and the banks - which won't last. Just ask the holders of FXJ WOW , RIO , BHP, STO , ORG, AWE , OZL, ERA, PDN, UGL , DOW , CDD , MGX, GBG TIM , NCM, PRU , RSG, QBE, MTS, BKN TPI , SLR, WOR, MND, CAB, GMG GPT BNB HNE, TTN, LEI etc Anyways each to tbeir own, but you must also appreciate the impact of compound the time value or money. Best to make money and pay tax than hold a portfolio passively and watch gains evaporate . Of course I agree some stocks that pay good dividends and are strong business, are good to hold LT, but most stocks not just resource stocks are highly volatile and tradeable.
Btw - I am relatively young , love my job and I will keep my day job