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Author: mikeg1382 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76112  
Subject: Re: Sell and buy again? Date: 4/22/2002 10:33 PM
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<<<What would be your goal in selling, then repurchasing? For some reason, I feel like you are trying to lower your cost basis,>>>

<<Also, you do not appear to be aware of the wash sale rules.>>

Both about right, and thanks for the input. I had heard of a wash sale, but I didn't really know what it was. Like I said, I am a beginner and mostly deal with DRiPs so far. I was thinking of lowering my cost basis, then buying more shares and depositing them into a DRiP plan in the future (still not sure if I want to DRiP GE) but I wasn't sure if that made a lot of sense. That's why I come to you folks! I only hope that one day I will have enough knowledge to be able to add to these boards instead of just asking questions.

Mike in NJ
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