Community Information
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Perfect time for tax loss harvesting
Hey everyone, I think this is the perfect time for tax loss harvesting with the current market fluctuations. Here’s my strategy: 1. Sell Stocks with the Least Dip Today ( but oversold in the last 1 month) : I'm looking at stocks that haven't dipped as much as others in the current market downturn. This allows me to realize some losses for tax purposes, without fully abandoning positions in my portfolio. 2. Buy Oversold Today Stocks: I plan to reinvest the funds into stocks that are oversold and have potential for a rebound. This way, I can take advantage of market inefficiencies and set myself up for future gains.5
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