Re: selling for tax loss/YES, BUT better to buy new shares first, wait 31 days
in response to
by
posted on
Dec 20, 2011 01:47PM
then sell specific shares for a loss...that way, no chance of being out of the market if something good should take place in the interim
I always sell specific shares, and once you declare sales that way you can't switch back and forth to fifo (first in first out). selling specific shares allows much more control