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 : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Mike Buckley who wrote (25450)5/27/2000 7:10:00 PM
From: anandnvi  Respond to of 54805
 
Creating a tax loss with a stock you want to buy back in 31 days is definitely worth considering since taxes have such a huge impact on net returns. However, I'm sure you've already thought through the possibility that a stock can rise dramatically while you're waiting for the 30-day window to expire.

Of course, you also lose any investment of time you've made in the stock. For instance, at the time you sold, you could be 3 months away from becoming long term on the stock for tax purposes. Your clock gets reset by waiting for 30 days to expire and then buying the stock back.

Anand