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A. TAX SELLING
It has been a mood swing year in the securities markets.
January – February +10%
March – Mid August Flat
Mid August – Mid October -19%
Mid October – End October +16%
End October – Thanksgiving -10%
Thanksgiving – Present +9%
The one thing you want to avoid is paying tax on gains realized in 2011, and potentially having a capital loss
position in 2012.
If you have net short-term realized gains for the year, you need to look at selling stocks with
unrealized losses in December.
Exception: See if there are any unrealized long-term gains in your portfolio that would fall in the 15%
tax bracket. If so, take these gains in 2010. Do not make any additional sales at a loss until January 2012.