Posted On: 12/29/2016 1:34:48 PM
Post# of 75058
The most it can save you is $3500 off your capital gains (and/or income) for 2016, IF you don't wash out. Then you'll have to defer til next year.
If you see the light and use any year end dip or dwell to average down the cost of a long position, you'll make many times what the write off will get you. Maybe not with some investments, but with this one you will.
If you see the light and use any year end dip or dwell to average down the cost of a long position, you'll make many times what the write off will get you. Maybe not with some investments, but with this one you will.
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