Q: Hi Peter, Ryan, and Team,
Please rank the stocks above for tax loss selling purposes. Are they all worth buying after 30 days? (All are down, but T and TCN are really down.)
Thanks as always for your insight.
Please rank the stocks above for tax loss selling purposes. Are they all worth buying after 30 days? (All are down, but T and TCN are really down.)
Thanks as always for your insight.
5i Research Answer:
If selling, we would use this order: T, TCN, BCE, NTR.
Note often for tax loss selling purposes it can make sense to sell the stocks with the most dolllars in loss, as opposed to the most percentage decline. This maximizes tax benefits.