SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Home on the range where the buffalo roam

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Shaw who wrote (10652)2/21/2001 9:30:45 PM
From: A.L. Reagan  Read Replies (3) of 13572
 
A good example of why there hasn't been and won't be a V-shaped capitulation, but slow grinding: Message 15388686

To Shaw: Dr. Greg here can lecture you on not letting tax considerations govern your investment strategy, but you really shouldn't let the wash sale rule influence you at this stage of the game because: (a) it sounds like so far in 2001 you don't have significant taxable gains; and (b) there is so much time left in the year, to worry about a wash sale now seems silly. If you were to reenter NTAP within the 31 days, the $12 loss you took is added to your basis, thus reducing your (hoped for) final capital gain.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext