Some possible reasons for recent selling... New
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Posted On: 12/19/2017 11:27:53 AM
Some possible reasons for recent selling...
New tax laws going into effect next year; tax experts are advising some holders to act now...
End of Year Tax Loss Selling.
Only 7 trading days left in this year to work this out:
Win from your losses: The Senate bill requires "FIFO" — first-in-first-out tax treatment on the sale of securities. This means that investors will have to sell the shares in the order in which they bought them and can no longer designate which shares they can sell to minimize capital gains.
To prepare, investors can sell tax lots that have losses and capture the loss to offset future capital gains before the end of the year. Of course, with markets up double digits this year, finding money-losers may not be easy. But it makes sense to harvest your losses now from select lots while you still can.
Is DECN ripe for harvesting in this manner?
UH HUH!!
New tax laws going into effect next year; tax experts are advising some holders to act now...
End of Year Tax Loss Selling.
Only 7 trading days left in this year to work this out:
Win from your losses: The Senate bill requires "FIFO" — first-in-first-out tax treatment on the sale of securities. This means that investors will have to sell the shares in the order in which they bought them and can no longer designate which shares they can sell to minimize capital gains.
To prepare, investors can sell tax lots that have losses and capture the loss to offset future capital gains before the end of the year. Of course, with markets up double digits this year, finding money-losers may not be easy. But it makes sense to harvest your losses now from select lots while you still can.
Is DECN ripe for harvesting in this manner?
UH HUH!!
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