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MagicDiligence (< 20)

Another Tax Tip for Magic Formula Investors



October 20, 2008 – Comments (2)

Following up on previous articles about tax strategy and holding periods, here is another nifty trick to use to save taxes using the Magic Formula Investing strategy.


2 Comments – Post Your Own

#1) On October 20, 2008 at 10:17 AM, columbia1 wrote:

That is the same thing my CPA tells me ever year, to sell any stock that is down at years end to off set my capitol gains on the one's I sold for a profit!!

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#2) On October 20, 2008 at 10:49 AM, Gemini846 (34.45) wrote:

I assume this to only be true of the stocks I need to offset my gains up to the maximum I want to carry over. For instance this year I've got more loosers than winners. Am I better off selling a lot of the marginal loosers or a few of the deep loosers?

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