Download Preston’s 1 page checklist for finding great stock picks:

Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location:

In this lesson, students learned the importance of buying an asset that they can hold for ever. Buy purchasing a company that has long term prospects, the owner (or stock holder) doesn’t have to continually pay capital gains tax. When comparing the capital gains tax of a person that trades in the short term, it becomes very obvious that it’s not advantageous.

By purchasing a company with long term prospects, you’re not only minimizing your capital gains tax, but you also enjoy the sustained earnings through time.

Articles You May Like

Top Wall Street analysts are bullish on these dividend stocks
3 Tech Stocks Making Headlines: Opportunity or Obstacle?
7 Sleeper Stocks That Should Be on Every Investor’s Radar This Fall
Beware! 3 Momentum Stocks Waving Massive Red Flags Right Now
Joby Aviation: Pioneering the Air-Taxi Future or Just Another Meme Stock?