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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (60224)12/21/2017 3:57:01 PM
From: Grommit  Read Replies (1) of 78914
 
ATO. Ha! Earlier today I sold 400 shares of ATO that I would have held longer. Sold them at 86.49, a small gain from 83.91 purchased 90 days ago. And I just bought them back at 84.986. So I have a realized a $1,022 gain that I will pay taxes on, but offset with $590 more cash that covers the taxes, and I now have a $430 higher tax basis for future. No one was injured in this transaction. That was the only one that I would kept longer if I wasn't stupid about FIFO. The others would have been sold in January.

I normally don't post details, but this was lucky and cute.

grommit
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