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.
Strategies & Market Trends : Roger's 1998 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Texas77 who wrote (14542)10/10/1998 9:01:00 AM
From: Mama Bear  Read Replies (1) of 18691
 
"I know that tax loss selling is through the end of the year - but is there an accepted period that the majority of it occurs?"

Dave, my understanding is that the majority occurs in October and December. October is the mutual funds, which close their tax year at the end of October. December would be the little folks who close their tax year on 12/31. I'm not sure whether to expect more or less tax selling this year. The argument for more is that there are more tax selling candidates than ever. The argument for less would be that you need to have profits to offset before it becomes a viable strategy, and there aren't as many profits this year. Another argument for less is that a lot of folks have sold their losses already.

I don't personally engage in tax loss selling as I don't believe that the tax tail should wag the investment decision dog. But I have engaged in buying of tax loss candidates for the so called January effect the last two years. The results were impressive enough that i will do it again this year.

Barb
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext