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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Rick who wrote (37408)1/2/2001 7:47:34 PM
From: Rick  Read Replies (1) | Respond to of 54805
 
The FAQ needs a few changes this week to update the end-of-year changes. Does anyone know exactly what percentage the NAZ dropped this year?

- Fred



To: Rick who wrote (37408)1/2/2001 8:02:54 PM
From: Uncle Frank  Respond to of 54805
 
>> how is that more advantageous then just selling the loser straight up?

I don't see that it is.

uf



To: Rick who wrote (37408)1/2/2001 8:05:29 PM
From: DiB  Read Replies (1) | Respond to of 54805
 
IMO she probably meant locking in gains and offsetting them with loses...



To: Rick who wrote (37408)1/2/2001 8:45:17 PM
From: StockHawk  Read Replies (1) | Respond to of 54805
 
>> how is that more advantageous then just selling the loser straight up?<<

Because you can only deduct $3000 worth of losses against ordinary income. So if you have a bunch of losses you might want to offset them against gains, in a sense making those gains tax-free.