IRS, Tax related strategies--Traders Message Board

STOCKTALK

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 : IRS, Tax related strategies--Traders

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kaye Thomas who wrote (512)	10/24/1998 2:58:00 PM
From: softcash	Read Replies (1) of 1383

Is October really a tax selling month? For most the tax year runs from Jan to Dec. It doesn't make sense to sell in early to mid October when you have losses. Historically October is a bad time for stocks. But if you have noticed, stocks rebound significantly from October and are much higher by December. December is the tax loss month, which sets up the infamous January effect. BTW/ October is NOT at the beginning of a quarterly boundary! Investment firms if they were going to sell for tax losses would do it on a quarterly basis. If their first quarter BEGINS on October, then most likely they would not sell in October. If their last quarter of the year is September, then most likely they WOULD sell in September. But if their last quarter is December, then they would probably sell their losers in December. In otherwords, it seems weird that a great many of institutions would have their end of the tax year as October 31. October 31 is NOT a quarterly boundary. March, June, September, and December are quarterly boundaries!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next