RE: OT: Tax loss selling questionSorry:
(I haven't read the rest of the posts.. so I appologize if someone has already corrected this....)
If you already own 1,000 shares at $20, and you buy 1,000 more at $10 today.. then your average cost becomes $15.00... so, if tomorrow you sell $1,000 shares at $10.00... you can only claim a loss of $5.00 NOT $10.00...
Still.. this may avoid the need to wait 30 days before you buy back in!