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<p>[QUOTE="medoraman, post: 3475533, member: 26302"]One, just because some people choose to risk jail to not report earnings on something does not make it non-taxable. </p><p><br /></p><p>Second, I reinvest every dime of dividends. I prefer dividend paying stocks to prove the reported profits are real, and give discipline to management that everything isn't an open checkbook.</p><p><br /></p><p>Third, you are right about stock indexes changing. Fortunately for you, it's no longer a problem since you can buy index funds that will buy and sell as indexes change for you. You no longer have to hold individual stock certificates.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3475533, member: 26302"]One, just because some people choose to risk jail to not report earnings on something does not make it non-taxable. Second, I reinvest every dime of dividends. I prefer dividend paying stocks to prove the reported profits are real, and give discipline to management that everything isn't an open checkbook. Third, you are right about stock indexes changing. Fortunately for you, it's no longer a problem since you can buy index funds that will buy and sell as indexes change for you. You no longer have to hold individual stock certificates.[/QUOTE]
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