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Replies to post #26 on AIM UK

Replies to #26 on AIM UK

OldAIMGuy

05/11/08 8:43 PM

#29 RE: ls7550 #26

Hi Clive, Re: Stop 'Losses' in a taxable account............

Because most of my holdings are very long term, it tends to be a rather rare occasion that I actually sell at a loss. Because of that, stopping out of a position usually brings on a taxable event that then makes the overall next egg shrink (by the tax amount) before I can then again invest when the market prices are more favorable.

Stopping out brings about long term gains on older shares and can bring on shorter term gains on the newest stuff. I get taxed heavier on the newer shares.

Best regards, Tom