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| Cash in stocks now Posted by SAL MINIO on 12/28 at 10:52 am If I cash in all my stocks today due to F.C. uncertainty, what are the + and - of doing this?Reply • Back to Top |
quote: If your stocks go up after you sell, you lost making more money. If they go down, you saved yourself from some losses. Reply • Back to Top |
Posted by SAL MINIO on 12/28 at 11:03 am to LSURussian Yes, very astute.Reply • Back to Top |
I'm honestly not sure what you expected to learn.  Reply • Back to Top |
| One positive for cashing in now is you could potentially avoid higher taxation on capital gains. Also, if you have dividend stocks, they will be taxed at a higher rate at well Reply • Back to Top |
Posted by SAL MINIO on 12/28 at 12:35 pm to LSURussian Russ., no problem. Sorry for the sarcasm. I guess I am just thinking the sky is falling today. I wish these bozos in D.C. would get their stuff together.  Reply • Back to Top |
| Are you a short term investor or long term? If you're long term then whatever happens is probably just a blip in the life of the portfolio. Reply • Back to Top |
quote:No worries. I'm frustrated, too. It's like fundamentals of companies don't matter. The world has stopped until 535 people in Washington agree on something.  Reply • Back to Top |
| If you were planning to sell them anyway it probably makes sense to do it this week rather than next. Otherwise don't disrupt your portfolio to save a few bucks on taxes. Reply • Back to Top |
quote:Obviously depends on tax bracket. Generally: Losses: Makes sense to preserve losses until 2013 then sell Gains: For LTCG/STCG's your FP entails selling in the short term, sell now. For securities you were planning to hold longer term, hold them. (if you sell then buy back, you accrue further gains based on holdings less 2012 tax exposure. i.e., you profit more simply maintaining the investment despite a less favorable 2013 tax environment) Reply • Back to Top |
| I'm still in. I backed off my asset allocation to 50% equity exposure, just in case. This stock market makes no sense to me either. It's just as likely to run up as it is to crater. If I were close to retirement, I would reduce my equity exposure down to 25% and try to preserve capital for the next few years. Too many idiots in charge of this roller coaster. Reply • Back to Top |
| The market came back after 9-11. The market came back after The Crash of 9-08. It will survive this time, too. Reply • Back to Top |
quote: Well, to get technical about it (and b/c I'm a dick and bored until the game starts) the number is (434/2 + 1) + (100/2 + 1) + 1 (POTUS has to sign) = 270. FWIW I have done nothing with my portfolio. Reply • Back to Top • Refresh |
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