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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by bond46on Jul 12, 2012 4:03pm
220 Views
Post# 20108324

RE: RE: RE: RE: RE: RE: TAX LOSS SELLING IN NOV WI

RE: RE: RE: RE: RE: RE: TAX LOSS SELLING IN NOV WI

Pay now or pay later. Tax loss selling is a foolish idea that fattens the pockets of the investment houses. For if you balance losses against gains, buying back the stock in Jan. after 30 calendar days and the stock appreciates, you'll pay capital gains again. So what you saved from capital gains by creating capital losses, you'll pay it back if you have capital gains. It's a foolish exercise that creates wealth for the accountants and the Houses. Unless you enter the stock for the first time and you buy low, I don't see any other rationale.

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