Tax loss SeasonHas anyone else considered that there is no rule that you have to wait until late November/early December to evaluate your portfolio and then take tax losses as appropriate to balance out gains?
Personally, I think that is another myth from the old days prior to the internet, when you would sit down with your broker at year end to talk about it.
Now, I think people will take tax sales anytime prior to the end of the year.
Personally, I think we might be in the midst of that now, and the lows of the year are here now.
If you wait until mid December, you might be late.
Just my 2 cents.