PINL:GRPOF - Post by User
Comment by
1mattmanon Nov 14, 2018 9:20am
64 Views
Post# 28971044
RE:RE:A thought
RE:RE:A thoughtTo answer the original question, yes, you’d sell at a loss and take a deduction on your tax return if it offsets your gains. What Buster is saying, it’d be risky to do because expectations of big movements are coming. If you can sell on the last day and buy back the next trading day without any material loss, then go for it, it’s called tax planning but beware of the volatile market place especially when many others are thinking your way. I’m long so choose your own risk. MM