Optimize your taxes is the same as a 20% trade - Market update -12-28-22

I sold 6 figures worth of losses in these stocks yesterday and sold gains to even out to zero gains. It's painful to lose money, but because I got caught in some long trades that didn't work out well, I was able to take some gains in stocks that have worked out well. I can then redeploy that money in 2023 in to sectors and stocks that are working. 

Remember - I’m 52 and I’ve held more

What I sold at a loss

$AEO

$ARKF

$ARKG

$ARKW

$BABA

$DKNG

$ETHE

$GBTC

$META

$PLTR

$PTRA

$TER

What I didn’t sell because it was short term

$AMD

$CRWD

What I sold for gains to balance this out

$KO

$MSFT

$XOM

$TSLA

$RUTH

I’ve done the calculation and I’m looking at balancing things out and selling more - still remaining under the $40k of individual limits for 0% long term capital gains.

Looking at selling

$ABT

$JNJ

$PEP

$XLK

And $AAPL because I still have $30k to sell that is essentially tax free.

$Kold way up

$CHRD and $NRG for James and Tom

$REI

Scans

$VWO

$VXUS

$XLB

$UPS

$MCD

$O

$V

$MA

$SBUX

$AEP

SALE ON TRENDSPIDER ENDING SOON Get 55% off Trendspider here  - please use this link as I do get a commission when you sign up, but it's the program I use my algorithm in and I'll give you access to the algorithm if you sign up through this link. I will also give you watch lists and my custom scans that I use in the podcast every day.

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