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SFSecurity

07/22/15 2:31 PM

#39735 RE: jaiml #39733

Hi Jamil, I'm curious about one point. At TDAmeritrade one has the option of selling out portions of a position with the highest price stock, thereby generating the greatest % loss, although a lesser $ amount, leaving the remainder in place. Selling out a portion like this seems like a great way to harvest a tax loss (in the US at least) to reduce the tax burden.

Had you factored that into your strategy?

That is what I am planning on doing toward the end of the year with EGY. Whatever is left over in a position can then be left alone for potential gains, should they ever happen, or used later for more tax loss harvesting.

Best,

Allen
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Alton

07/23/15 6:03 PM

#39742 RE: jaiml #39733

Hey Jaiml,

Why did you give up on EGY? I haven't bought anymore shares since my last 3rd sequential buy. I continue to hold!

Alton