11.30.2011
Last time, I wrote about the importance of rebalancing the portfolio. Today, let’s look at the other year end portfolio fixing task – selling your losers to get the capital loss tax deduction. Tax deduction? You may think I don’t have to worry about tax until April. However, you have to take action now before the year is over to get the tax deduction for 2011. If you wait until 2012, then you won’t get the tax deduction until April 2013. That’s why the end of the year is a great time to sell some of the losers in your [...]
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11.28.2011
It’s hard to believe, but 2011 is almost over. One of the most important things an investor needs to do is to examine their portfolio and rebalance it at least once a year or so. If you haven’t rebalanced your portfolio in 2011, then it’s time to look it over and see how your investments are doing. 2011 is turning out to be a tough year for the stock market. In this market, it is essential to rebalance your portfolio so you can take advantage of the downturn in various segments. One good thing about having a blog is I [...]
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