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|Subject: Re: On second thought, 2828 - Small Cap Issue||Date: 1/27/2013 8:25 PM|
|Author: telegraph||Number: 668601 of 857476|
" I don't have a clue what "selectively harvested capital losses" means? "
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It means he didn't do too well and some of the stock he bought went down.
So he is selling it at a loss......to offset gains on some other stocks he bought and went up and he wants to sell now..... or , when you have mutual funds, they spin off long and short term gains - some more than others.
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