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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (117823)12/29/2021 8:44:46 AM
From: Goose94Read Replies (1) | Respond to of 203654
 
TSX/TSX-V/CSE: Tax-loss Selling Deadline Dec 29th 2021

This is the final day to sell any dogs in your non-registered portfolio in time to reap the benefits for the 2021 tax year. As CIBC’s equity research team recently pointed out in a report to clients, this year’s top contenders for strategic divestment are dominated by names in the mining, clean energy, and cannabis sectors. CIBC also pointed out that, historically, stocks that end up getting ditched for tax-loss purposes often rally on the back of interest from bargain hunters. And indeed, six of this year’s top candidates for tax-loss selling are among the TSX’s top performers since the middle of this month.

BNN.ca