Hi coopiedaddy,Selling losers in your taxable account might make sense. The two rules of thumb I would use are as follows:1) Is your taxable income sufficient for the loss to make a difference? For most working adults with stock investments, the answer is "yes." But retirees with low taxable income won't get as much advantage.2) Do you have other investment choices in mind that you think will outperform the recovery of your losers? Today we're seeing some fabulous companies selling at huge discounts. As I type this, Procter & Gamble (PG) is selling 23% below its 52-week high, down 5% at 1 PM today alone. That's totally irrational. PG is not a stock I would sell. On the other hand, my daughter still has some shares of Fanny Mae (FNM) in her taxable account -- a definite loss she should lock in for tax purposes.Cheers,Doug
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