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Technology Stocks : Audio and Radio on the Internet- NAVR
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To: Bald Man from Mars who wrote (3197)12/30/1998 9:36:00 PM
From: TraderGreg   of 27722
 
You don't lose the tax write off if you buy back within 30 days, you merely defer it to the next year(assuming you haven't sold the new buy as well). Next year, the write off just goes towards reducing your cost basis in the new buy.

I never base a buy or sell decision on taxes...especially with the volatility in these stocks. Waiting to sell until the new year can cost you more than the postponed tax savings.

TG
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