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Re: nugnug post# 76372

Friday, 12/21/2018 3:48:00 PM

Friday, December 21, 2018 3:48:00 PM

Post# of 112647
I'll explain it to you. The only valid tax loss selling is either getting rid of a company you no longer want (or need some money so harvest the loser) and you're down on (yes can make up some of that loss with tax savings) and/or if you believe your entry point will be lower when you buy back in. If not a loss is still a loss and if the entry isn't lower than the exit there's that loss to factor in too. I'm actually decently green on this one, but I still wish you luck with lower entry point as I'm a net buyer (especially anywhere near these levels) so I'll be able to get more with the same cash. Glta