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Alias Born | 05/09/2013 |
Tuesday, October 04, 2016 8:44:53 AM
***Next, I think the reward is better as a long term investment here at these levels, so I would not pre-plan to dump it and hope it drops for a deduction for your taxes. That whole idea I think is silly to buy something hoping you can use it as a write off.
>>>Only use it as a tax deduction 'IF' it would become a failed investment (as a potential consequence) in longer term such as 1-2 years or more, etc.
Best way to make net overall money is to attempt investment as these super valuations (2.40-2.50 trading now?), and only use capital losses as a tax deduction by incidental need 'If' it would happen. Great risk/reward at these levels for TNK in longer term as investment. But if it fails, then apply the possible capital tax loss.
But don't plan to lose money for your tax purposes, that's nutz!!
Recent TNK News
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