That is result of some really insane laws that has been written about a million times. They have known that zillionaires are using it to avoid paying taxes altogether, even after death.
If they forced sell any stock that is has been held for more than a year on random dates and bought them back automatically, the whole scheme will be done for.
the financial sector is an ongoing construction project, going the direction of all items having an easy way to be valued to the minute, with the merchant and reseller having the same price instead of a wildly different one, all items then being able to be used as collateral instantly, fractionally sold as shares, and with a derivatives market on top
this project is not done, it’s not close to done, but improvements in this space have led to more people being able to access this lending market
I see that improving beyond publicly traded equity and real estate
this project is not done, it’s not close to done, but improvements in this space have led to more people being able to access this lending market
I see that improving beyond publicly traded equity and real estate