I did some liquidating today

Discussion in 'Stocks & Derivatives' started by SilverSanchez, Apr 30, 2012.

  1. SilverSanchez

    SilverSanchez Active Member

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    I got rid of my lowest performers ready for tax in 2 months



    Some people are sayign the 'sell in may come back labour day' wont work this year - that means that they are expecting a 20% chance event will happen - im in a mixed mind the 80% chance it will stand is hard to ignore

    YEAH BUT JOSH - this time is different


    Oh yeah, heard that before ;)
     
    SilverSanchez, Apr 30, 2012
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  2. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    isnt it a bit too early to sell for tax purpose, SS ?
     
    Lunardragon, Apr 30, 2012
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  3. SilverSanchez

    SilverSanchez Active Member

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    *shruggs* why wait ;)
     
    SilverSanchez, Apr 30, 2012
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  4. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    :) yeah why wait :)
     
    Lunardragon, Apr 30, 2012
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  5. malachii

    malachii Well-Known Member

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    In fact you are better off to do it a little early - harder to be accused of "washing" for tax purposes then.

    malachii
     
    malachii, Apr 30, 2012
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  6. jparrie

    jparrie Member

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    Isn't it legal here? Used to call it "Bed and Breakfasting" back in the UK. Even used to get preferential commission rates to cover it.
     
    jparrie, May 1, 2012
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