Cash in stocks now | TigerDroppings.com
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SAL MINIO
Davidson Fan
17th Street Canal
Member since Sep 2006
2032 posts

Cash in stocks now

If I cash in all my stocks today due to F.C. uncertainty, what are the + and - of doing this?


LSURussian
LSU Fan
Member since Feb 2005
85145 posts

re: Cash in stocks now
quote:

If I cash in all my stocks today due to F.C. uncertainty, what are the + and - of doing this?


If your stocks go up after you sell, you lost making more money.

If they go down, you saved yourself from some losses.


SAL MINIO
Davidson Fan
17th Street Canal
Member since Sep 2006
2032 posts

re: Cash in stocks now
Yes, very astute.


LSURussian
LSU Fan
Member since Feb 2005
85145 posts

re: Cash in stocks now
I'm honestly not sure what you expected to learn.


iluvredboxx
LSU Fan
Lafayette
Member since Mar 2012
318 posts

re: Cash in stocks now
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


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SAL MINIO
Davidson Fan
17th Street Canal
Member since Sep 2006
2032 posts

re: Cash in stocks now
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.


VABuckeye
Ohio State Fan
Oak Hill, VA
Member since Dec 2007
13266 posts

re: Cash in stocks now
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.


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LSURussian
LSU Fan
Member since Feb 2005
85145 posts

re: Cash in stocks now
quote:

Sorry for the sarcasm.
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.


Layabout
UNO Fan
Baton Rouge
Member since Jul 2011
8040 posts

re: Cash in stocks now
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.


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NC_Tigah
LSU Fan
Member since Sep 2003
57139 posts

re: Cash in stocks now
quote:

If I cash in all my stocks today due to F.C. uncertainty, what are the + and - of doing this?
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)


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tigeryat
LSU Fan
God's Country
Member since Oct 2005
2579 posts

re: Cash in stocks now
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.


matthew25
Ole Miss Fan
Member since Jun 2012
3912 posts

re: Cash in stocks now
The market came back after 9-11.


The market came back after The Crash of 9-08.


It will survive this time, too.


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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
31439 posts

re: Cash in stocks now
quote:

The world has stopped until 535 people in Washington agree on something.


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.


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