AI
Wednesday, January 01, 2014 10:37:16 AM
'Nebuchadnezzar'?, no, it's a loss if you've paid anything for the stock at all!
However, that Tax Loss Claim window was shut at EOY Closing bell!
But for those who've missed this opportunity, you can try again by EOY 2014. Your best bet is to now hold and sit tight for the rest of this new year!
That way, you'll give the fate of your tanked position the benefits of all doubts for maybe a magical recovery.
(wink!)
Waiting it out at this point cant get any worse than it already is, even if you suffer another dreaded RS that'll likely wipe you off the map!
You can still CLAIM your losses on your next Tax Write-off, including all fees your broker may hit you with for every Stock 'RS' they process in your portfolio, for example.
However, that Tax Loss Claim window was shut at EOY Closing bell!
But for those who've missed this opportunity, you can try again by EOY 2014. Your best bet is to now hold and sit tight for the rest of this new year!
That way, you'll give the fate of your tanked position the benefits of all doubts for maybe a magical recovery.
(wink!)
Waiting it out at this point cant get any worse than it already is, even if you suffer another dreaded RS that'll likely wipe you off the map!
You can still CLAIM your losses on your next Tax Write-off, including all fees your broker may hit you with for every Stock 'RS' they process in your portfolio, for example.
In understanding the Risks!, I don’t mind losing in stocks that died TRYING, but I DO mind losing in stocks that died LYING!
