704RE

The Online Brokerage Wars: E*Trade Offers Compelling Risk/Reward

$100,000 additional huh...Let's use some round numbers to determine what that means...
If by cashing out you incurred an extra 100k at 30% as opposed to the 15% you would have expected:
1) Less than one year ago you deposited over $2,750,000 into your Etrade account.
2) You managed a 20% return in under a year
3) at this point you are sitting on ~$650,000 of gains.
4) You withdraw early and owe ~$195,000 in taxes, as opposed to the ~$95,000 you expected to pay had you held for a year.
I'm not buying it