Q: Hello 5i,
I am 73 years old, a value investor. Except for Chartwell (bounces around), NFI and Pasons, all the rest are doing well ( not so ZPR, CLF and CBO). I am up $10,000 on many of my 50 equities but these individually are not over 2% of holdings. I do not need the money and see no reason to sell my winners. Thus since there are no losers, as such, to sell and I think I should keep my winners. With all this talk of tax loss selling: do I, at this point, have a dire need for tax loss selling? I do not think so, but then again, that is just me.
Thank you
Stanley
I am 73 years old, a value investor. Except for Chartwell (bounces around), NFI and Pasons, all the rest are doing well ( not so ZPR, CLF and CBO). I am up $10,000 on many of my 50 equities but these individually are not over 2% of holdings. I do not need the money and see no reason to sell my winners. Thus since there are no losers, as such, to sell and I think I should keep my winners. With all this talk of tax loss selling: do I, at this point, have a dire need for tax loss selling? I do not think so, but then again, that is just me.
Thank you
Stanley