It's been 2 weeks and the market doldrum continues. Tech's been massacred today with the Nasdaq down 300+ points. Are you buying or selling ?
Waiting for more blood in the street, then will buy.
Of course not.... Are you buying or selling ?
Looking for tax minimizing opportunities.
I think I read the same thing from the late G.M. Loeb (founder of E.F. Hutton).I'm holding. Somewhere I read, whenever you are not selling you are buying. I think it was Sam Zell who said that. But I'm just standing pat. We shall see what happens. Nasdaq is in correction territory and the SP500 is close to it . This is where the AA comes into play.
I'm sitting tight until I do my annual rebalance in January. Same strategy if this was another market up day .
I have some funds I want to switch out for more tax efficient ones in the same asset class. It’s AA neutral, but suddenly the tax liability has reduced considerably.Yes. Instead of selling high and having to pay taxes, let's all sell low at a loss and get tax deduction on earned income.
Only selling for the remainder of my life (but none needed at the moment luckily).
Spent first 50 years only buying, next 50 years (hopefully) only selling.
It's been 2 weeks and the market doldrum continues. Tech's been massacred today with the Nasdaq down 300+ points. Are you buying or selling ?