Capital Gain Harvesting

[Sandy & Shirley]

Capital Gain Harvesting

If Trump keeps his campaign promise and stops the taxation of our Social Security Benefits, the concept of LTCG Harvesting becomes even a larger retirement tool.

We are not looking for more of the super Capital Gain symbols, like NVDA, NVIDIA. We are looking for the best places to search the web to look at analyst opinions on the stock symbols that will almost definitely grow with the market, maybe just a point of two above the market.

What are the best sources for respectable market analyst opinions?

 

[markelp]

Not sure I understand the question...
Are you looking for an advisor to pick individual stocks?
Specifically for equities that will beat the market by 1-2%?
With a market timing of one year to incur LTCG for harvesting?

 

[frayne]

I wouldn't hold my breath waiting for changes to the taxation of Social Security benefits or for the fulfillment of campaign promises, regardless of the candidate.

 

[RunningBum]

Nothing will "definitely grow" a point or two above the market. I would recommend broad index funds with very low fees, which should pretty consistently beat the stock pickers/guessers.

What do you mean by "capital gain harvesting"? Filling up the 0% space?

The rule here is that actually legislation can be discussed. Campaign promises cannot. And that's what this is, though your question can be asked without that brought up.

 

[OldShooter]

... We are looking for the best places to search the web to look at analyst opinions on the stock symbols that will almost definitely grow with the market, maybe just a point of two above the market. ...

WADR, why would someone who knew this be giving the information away for a pittance or for free?

IMO there are two possible things about someone offering stock tips for sale or for clicks: (1) He doesn't believe he can make a living from his stock picking expertise, or (2) He has tried to do it and failed. The consistently successful stock pickers, if they exist at all, are probably lounging by the pool on their mega-yachts, drinking from a glass garnished with an orchid, and keeping mum.

 

[Out-to-Lunch]

Did I get this right?

-You are not looking for the symbols themselves.
-You are looking for places on the internet that will tell you the symbols.
-And the symbols (tickers) should be ones that outperform the market.

This is the question, yes?

 

[Sandy & Shirley]

What do you mean by "capital gain harvesting"? Filling up the 0% space?

Yes, as long as we can stay in the 12% federal tax bracket, out LTCGs will be in the 05 space.

Out-to-Lunch:​

You are looking for places on the internet that will tell you the symbols.

Basically yes! But we are not looking for individuals who post symbols. We are looking for larger firms, like Rowe Price or Fidelity, who will post a list of recommended stocks, then follow each of the stock names with how many of their analysts say the price will go up and how many say the price will go down.

 

[UpQuark]

We are looking for larger firms, like Rowe Price or Fidelity, who will post a list of recommended stocks, then follow each of the stock names with how many of their analysts say the price will go up and how many say the price will go down.

I sometimes look at the Analysts opinions of stock that I'm interested in, but they seem to always be all over the place. I'm not sure if Fidelity has a recommended list, they give a consolidated score for all the Analysts opinions, so it would make sense they might have a list of what stocks are the most Bullish. But I think if everyone thinks that, the stock price would be higher and cancel out the bullishness.

 

[TheWizard]

Look, Sandy, you are not going about investing in the proper way, okay?
Looking for tips on hot stocks is not how most of us got wealthy...

 

[TheWizard]

And the likelihood of SS benefits not being taxed in the future is somewhere between zero and minus one...

 

[Sandy & Shirley]

And the likelihood of SS benefits not being taxed in the future is somewhere between zero and minus one...

I totally disagree with that.

Social Security collects 6.2% of your income as a Payroll Tax plus 1.45% as a Medicare Tax, a total of 7.65% of your income, double that for your employer's matching contributions and the Social Security TRUST Fund grows by 15.3% of everyone's paycheck throughout each year.

The current average income for working individuals is $59,384, and the average life expectancy is 79 years. If Social Security collects 15.3% of $59,384 ($9,085.75) each year for 45 working years (age 21 to 66), a total of $408,859, then pays the standard PIA 46.37% monthly Social Security Benefits for that income level ($2,294.65) for 13 years (age 66 to 79), $357,966, the Social Security TRUST Fund should be making a $50,893 profit over the lifetime of every average hard working American.

The problem is the Government give away of our benefits to individuals who have not earned them and I definitely believe that the new Department Of Government Efficiency, DOGE, will put an end to that. You can’t just give away hard earned money in the TRUST fund. If you want to give benefits to individuals who cross the border over the age of 66, find another source for that money!

 

[Earl E Retyre]

this should be fun …

 

[Lorenzo]

Look, Sandy, you are not going about investing in the proper way, okay?
Looking for tips on hot stocks is not how most of us got wealthy...

If I understand correctly, they don't seek "hot stocks"--they said "maybe just a point or two above the market."

But Sandy & Shirley, there is no real difference. Nobody can predict with the kind of confidence a retiree typically seeks an individual stock that "will almost definitely grow." No such thing. And over what time period? You might think "blue chip" stocks that have been known to grow decade after decade, but even they can suffer unforeseen setbacks in view of things like disruptive technologies dethroning such companies, and it might be too late for you to get out.

 

[copyright1997reloaded]

SeekingAlpha.com is a site where there are numerous folks recommending/analyzing/discussing stocks.
Whether those outperform by a little bit...well, no comment on that.

 

[Sunset]

It's simple.
Just buy the entire stock market 1 share of every company.
Then at the end of 366 days, sell off the largest gainers up to your tax limit, and buy them back.
This will harvest the capital gains, while permitting the losers to build up capital losses, that will fluctuate over time.

Basically creating your own index harvesting fund sans fees.

 

[OldShooter]

SeekingAlpha.com is a site where there are numerous folks recommending/analyzing/discussing stocks.
Whether those outperform by a little bit...well, no comment on that.

I'm quite negative about that site. The articles seem to be mostly FAs hustling business, investment newsletter salespeople, and click-seekers writing articles for free. It's been years since I looked at it though.

 

[Slotracer]

I'm quite negative about that site. The articles seem to be mostly FAs hustling business, investment newsletter salespeople, and click-seekers writing articles for free. It's been years since I looked at it though.

I do respect and follow a few of the authors. However, in general I have found the comments more helpful than the articles.