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To: SwampDogg who wrote (207997)12/19/2011 9:05:17 PM
From: tyc:>  Read Replies (1) | Respond to of 312839
 
Next year will be even better.



To: SwampDogg who wrote (207997)12/19/2011 9:35:43 PM
From: tyc:>  Read Replies (2) | Respond to of 312839
 
I really don't understand. If I decide to sell a stock several years from now, and that sale involves a loss, doesn;'t it reduce my taxable income for that year ? My records carry forward to the new year the average cost of securities held, I don't record when a stock was purchased, nor the cost of each purchase ?