--- title: "Meaning & Key Takeaway of: If you make any trades during the year…" description: "\"If you make any trades during the year, keep a record of each transaction for at least three years.\" — Suze Orman" image: "https://sms4smile.com/quotes/i/eb8/suze-orman-1007_any_if-you-make-any-trades-during-the-year-k_1999396.png" --- # If you make any trades during the year, keep a record of… ![“If you make any trades during the year, keep a record of each transaction for at least three years.” quote by Suze Orman](https://sms4smile.com/quotes/i/eb8/suze-orman-1007_any_if-you-make-any-trades-during-the-year-k_1999396.png) [Download](https://sms4smile.com/quotes/i/eb8/suze-orman-1007_any_if-you-make-any-trades-during-the-year-k_1999396.png) [Open image](https://sms4smile.com/quotes/i/eb8/suze-orman-1007_any_if-you-make-any-trades-during-the-year-k_1999396.png) > “If you make any trades during the year, keep a record of each transaction for at least three years.” [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Keeping detailed trade records for at least three years helps with taxes, analysis, and accountability. **In simple terms:** Record trades for three years Key Takeaway Maintain thorough transaction logs for financial health Themes finance record‑keeping compliance Mood practical responsible Type advice instructional When to use this quote - personal investing - business accounting Key Concepts tax law investment strategy Questions to Reflect On - How will you improve your record‑keeping habits? - What tools can simplify tracking trades? A Different Perspective Neglecting records can cause legal and financial issues ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Trades](https://sms4smile.com/quotes/about/trades/) ## Related quotes > [It stinks to give up a good player. But if you think that way, you'll never make any trades. You have to focus on…](https://sms4smile.com/quotes/theo-epstein/it-stinks-to-give-up-a-good-player-but-if-you-think-that-way-you-ll/) [Theo Epstein](https://sms4smile.com/quotes/author/theo-epstein/) > [I don't think I went a year or so without a record between 1959 and 1979, sometimes two.](https://sms4smile.com/quotes/dave-van-ronk/i-don-t-think-i-went-a-year-or-so-without-a-record-between-1959-and/) [Dave Van Ronk](https://sms4smile.com/quotes/author/dave-van-ronk/) > [Every new level of growth we hope to experience as leaders calls for a new level of change. You cannot have one without the…](https://sms4smile.com/quotes/john-c-maxwell/every-new-level-of-growth-we-hope-to-experience-as-leaders-calls-for/) [John C. Maxwell](https://sms4smile.com/quotes/author/john-c-maxwell/) > [You sweat out the free agent thing in November, then you make the trades in December. Then you struggle to sign the guys left…](https://sms4smile.com/quotes/whitey-herzog/you-sweat-out-the-free-agent-thing-in-november-then-you-make-the/) [Whitey Herzog](https://sms4smile.com/quotes/author/whitey-herzog/) > [“Jack of all trades, master of none”](https://sms4smile.com/quotes/geffray-mynshul/jack-of-all-trades-master-of-none/) Geffray Mynshul > [I think if you have ability and talent in one way, you have it in all ways. I'm not a jack of all trades;…](https://sms4smile.com/quotes/evel-knievel/i-think-if-you-have-ability-and-talent-in-one-way-you-have-it-in-all/) [Evel Knievel](https://sms4smile.com/quotes/author/evel-knievel/) > [Midseason trades are hard.](https://sms4smile.com/quotes/kyle-korver/midseason-trades-are-hard/) [Kyle Korver](https://sms4smile.com/quotes/author/kyle-korver/) > [Trades happen in the NBA. I've had a lot of teammates in my six years, so I know kind of how it works.](https://sms4smile.com/quotes/kevon-looney/trades-happen-in-the-nba-i-ve-had-a-lot-of-teammates-in-my-six-years/) [Kevon Looney](https://sms4smile.com/quotes/author/kevon-looney/) > [“I'm not a jack of all trades. Nor do I want to be. ”](https://sms4smile.com/quotes/germany-kent/i-m-not-a-jack-of-all-trades-nor-do-i-want-to-be/) [Germany Kent](https://sms4smile.com/quotes/author/germany-kent/) > [What I can control is me playing basketball and how I treat my family and how I raise my child in the time that…](https://sms4smile.com/quotes/jae-crowder/what-i-can-control-is-me-playing-basketball-and-how-i-treat-my-family/) [Jae Crowder](https://sms4smile.com/quotes/author/jae-crowder/) > [Two of the most difficult parts of our business is trades and when a player leaves.](https://sms4smile.com/quotes/masai-ujiri/two-of-the-most-difficult-parts-of-our-business-is-trades-and-when-a/) [Masai Ujiri](https://sms4smile.com/quotes/author/masai-ujiri/) > [I've turned down a lot of trades where I might have gotten a better player, but I wasn't totally sure of the chemistry of…](https://sms4smile.com/quotes/red-auerbach/i-ve-turned-down-a-lot-of-trades-where-i-might-have-gotten-a-better/) [Red Auerbach](https://sms4smile.com/quotes/author/red-auerbach/) > [Ninety percent of my best friends back home are plumbers, electricians, builders, or landscapers. 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