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Non-Tech : Another Investment forum -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (68)1/5/2007 11:14:54 AM
From: richardred  Read Replies (1) | Respond to of 340
 
It all comes down to what you report on schedule D. IMO- No sense of paying taxes on gains if your sitting with large losses . You have to look at your unrealized total return as well as your realized. Sometimes you have to swallow hard, but you'll be better for it.

The end of the year is time for re-thinking and renewal. The part you usually here less about when investing, is the mistakes made. Tax planing should be part of every individuals investors investing strategy. Maximizing or minimizing to your advantage.

In a way. It's kind of like a retailer that's currently reporting good earning, but eventually they have to take a charge to clean out the bad inventory.