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Thursday, 01/31/2019 9:30:56 AM

Thursday, January 31, 2019 9:30:56 AM

Post# of 233053
Two things that I’ve been doing in case it is helpful to others:

1. Tax loss swaps. I have been capturing losses on higher basis lots, and re-purchasing at lower prices. You have to wait 30 days to avoid wash sale rules so I’m only doing it in small chunks. But harvesting losses to offset other gains equates to real money, so I think it’s worthwhile.

2. Putting shares in accounts that is for the benefit of my children. There is no better way to transfer wealth then to use an extremely undervalued asset like this. I assume most folks on the board already know this, but this is one of the better assets I’ve ever seen to transfer out of your estate at an extremely depressed value.

I have complained a time or two about how low the share price is, but in reflecting on it, it has provided a great opportunity to execute the above strategies, or to simply add more exposure at these levels.
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