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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: Brian P. who wrote (18199)12/24/1999 4:30:00 PM
From: E. Davies  Read Replies (1) | Respond to of 29970
 
unless the tax-loss benefit to you outweighs the risk of losing future returns as this stock rebounds

Just a FYI: Tax-loss selling is almost never a good idea for an individual. What it gains you is the interest for a year on a fraction (maybe 30-40%) of your loss. Usually comes to about 1-2% of the value of your stock.

This amount is often within the daily variation of the stock price.

I do plan to sell my RTHM for a loss (why the heck am I holding that anyway?). I'll likely switching the money to an equivilant DSL play like NPNT or COVD. Anyone got a better DSL stock?

Eric