By Leanna Kelly If you contribute to a retirement account, you’re engaged in a long position. Long positions are trades or investments held with the expectation that they’ll appreciate in value over a long enough period of time. The goal is to ride price appreciation higher and higher, until it reaches a peak or the time horizon of the investment comes to a close. In any case, investors expect to walk away with accumulated wealth.
The length of this position depends on the investment thesis. Generally, any investment held over a year is a long position—at least, in the eyes of the IRS. …read more
