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Financial Planning / Tax Strategies


Subject:  Re: Current & Proposed Tax Rates Date:  11/22/2012  2:32 PM
Author:  RBMunkin Number:  116959 of 127643

" Learned my lesson in '87. A week before the crash I sold holdings in a bond fund to harvest the tax loss. Planned to repurchase after 30 days and its price hadn't moved significantly in months. After the stock marekt crash bond prices leaped and I was screwed on the repurchase."

I agree. But that isn't my intention. I'm selling this stock anyway. I will not be repurchasing it.
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