Tax loss selling:
If there isn't much of a rally from here into the year end, or if there is a sell-off, I have to wonder if there will be significant tax loss selling this year compared to the past 4 or 5 years. First, I have to wonder how many investors need to sale investments for losses to offset significant gains. I am sure some of the members of this Board have to, but even some Board members may not have a problem Second, I think most of us have been evaluating our holdings to move more into cash and have already sold most of the dead weight. Third, I wonder what percentage of the portfolio assets of Board members are taxable and would be evaluated for tax loss selling. If we ever have a survey again, it might be an interesting question. Myself, about 90% of my investment funds are IRA rollover funds. And even in the taxable accounts, I don't think I will sell anything just to take a tax loss.
Tmcal
