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Tim Fowler

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Tim Fowler

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Re: rlweitz post# 69535

Tuesday, 01/17/2006 1:26:15 PM

Tuesday, January 17, 2006 1:26:15 PM

Post# of 97586
he Wash rule is one of many idiotic tax regulations. If I sell an equity for a loss, that loss has been realized whether I buy the equity back 5 minutes later or 5 years later. The government will eventually get my taxes back as I've just lowered my dollar cost average and will eventually sell sometime in the future.

I agree
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