4 ms·
I don't know what I'm talking about. I wonder if these devaluations are to give Fidelity a tax loss.
by a3n 11y ago
I don't know what I'm talking about. I wonder if these devaluations are to give Fidelity a tax loss.
- maxerickson 11y agoTaxes (at least mostly) apply to realized gains or losses. This is Fidelity telling their customers what their holdings are worth.
- mattmaroon 11y agoYeah everyone here seems convinced they're trying to game some system. I think Occam's razor is right here. They really just think those companies are worth less than they were. But, I still wouldn't worry about that too much directly. As the article mentions, it's more art than science. If I were Zenefits I don't think I'd be sweating it.