Wednesday, July 10, 2013

What Is A Wash-Sale?: $AAPL


"Instruction: Wash Apple With Care"

Small, retail investors unfortunately often trade equities purely on emotion, selling when equities are trading lower, buying the highs, buying/selling based on rumors, etc.

Methods to help retail investors to control their emotions are topics for future discussions. Losses from the sale of equity investments result in allowable tax loss deductions, reducing taxable income commensurately.

Let’s imagine you’re a die-hard fan of Apple, and you believe this equity will once again reach its all-time high of around $700 in the very near future; especially, as soon as they launch their next great gadget, that will change our world!

Read the full article at StockSaints

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