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  4. Telvue Corp (TEVE) Message Board

Also, for those who think selling for a tax loss i

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Post# of 5282
Posted On: 10/07/2012 11:40:14 AM
Posted By: hockmir
Re: qtipjoe #326

Also, for those who think selling for a tax loss is a good idea this year, remember that the tax rate for Capitol Gains goes up at the New Year, and so, a loss in 2013 will potentially reduce your taxes on the same gains more than now.



And so, I assume that shorty is likewise going to advise you to sell at a profit this year, before the tax rate goes up.  If you expect your stock to go up more than a couple poin ts next year, it is still better to hold what you have till you get the price you want/deserve.



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