Mike Lindell Media Corp (MLMC)

[Bruce A Thompson]

LIFO FIFO Again

I have always used the method that gave me the most tax savings.

RE: The three day rule. I use MYTrack. Their policy is I can use the money from a sale immediately with a couple rules. First, if I buy the stock today and then also sell it today, I am done in my cash account for the day. My money will be available to me again the next day. If I sell any stock today I can immediately use the proceeds to buy any stock including the same stock I just sold.

The rule seems to be only one round turn of the money per day in my cash accounts. The same rule applies to my IRA.

Hope this helps.

BT

P.S.

If you switch funds to a MYTrack account, please give them my name as a referral. I will get free trades out of it. (g)