2 ms·
How do you take a loss? Do you organise a press conference and then tell the media that the company you have shares of is bad? Wait for the shares to tank, sell
by varispeed 6y ago
How do you take a loss? Do you organise a press conference and then tell the media that the company you have shares of is bad? Wait for the shares to tank, sell. When the new tax year comes, buy all the shares and then organise press conference again to say sorry and it was just a prank?
- JumpCrisscross 6y ago> How do you take a loss? Portfolio of a hundred names. Half went up, half went down. Sell the downs on 31 December and buy back in 1 January (spherical cow). On the off change nothing in your portfolio lost money, congratulations. Also you don’t get this.
- varispeed 6y agoRight, so you don't actually have a control over making loses at the end of tax year and if you buy back, there is no guarantee the stock will ever go up. So what is the issue?
- infinite8s 6y agoYou didn't actually have a loss that year (to offset gains)
- deleted 6y ago[deleted]