PetroKamchatka PLC V.PKP

One more thought, as to Tax Loss . . .

[Golongagain]

Are you still holding on to that loser tech stock or mutual fund that you bought during the lastbull market run? Or maybe you have a sentimental security that stopped making any significant appreciation since you purchased it. Well, from a tax standpoint, there might be no better time than the present to "dump that dog". The tax advantages of setting your gains against your losses can be enormous as long as you follow all the rules and implement a few tricks of the trade.

Tax-loss harvesting, also commonly known as tax selling, is one of the ways to avoid taxes on some of your portfolio gains. Tax-loss harvesting is the selling of securities, usually at year-end, to realize portfolio losses, which an investor can use to offset capital gains and therefore lower personal tax liability.