[temeculaguy]

[quote=jimmyle]yes, i sold my stocks in 2008 after owning them for more than one year and lost $12K. Then I bought some stocks in June and just sold them for a $10K profit hence short term gain.[/quote]

Well jimmy, fsd has the answer, even before you clarified, he’s a smartie. Now that you know the trick, use the strategy and avoid selling into a loss greater than 3k unless you have a winner to offset it. There was no way to know you were going to hit a 10k winner so in hindsight, you should have spread that 12k loser over 4 years unless you had a gain and after a gain, then lose the matching amount. You got lucky this time, next time, you wont need as much luck, you can make your own. Who say’s math isn’t fun.

[temeculaguy]

[quote=jimmyle]yes, i sold my stocks in 2008 after owning them for more than one year and lost $12K. Then I bought some stocks in June and just sold them for a $10K profit hence short term gain.[/quote]

Well jimmy, fsd has the answer, even before you clarified, he’s a smartie. Now that you know the trick, use the strategy and avoid selling into a loss greater than 3k unless you have a winner to offset it. There was no way to know you were going to hit a 10k winner so in hindsight, you should have spread that 12k loser over 4 years unless you had a gain and after a gain, then lose the matching amount. You got lucky this time, next time, you wont need as much luck, you can make your own. Who say’s math isn’t fun.

[temeculaguy]

[quote=jimmyle]yes, i sold my stocks in 2008 after owning them for more than one year and lost $12K. Then I bought some stocks in June and just sold them for a $10K profit hence short term gain.[/quote]

Well jimmy, fsd has the answer, even before you clarified, he’s a smartie. Now that you know the trick, use the strategy and avoid selling into a loss greater than 3k unless you have a winner to offset it. There was no way to know you were going to hit a 10k winner so in hindsight, you should have spread that 12k loser over 4 years unless you had a gain and after a gain, then lose the matching amount. You got lucky this time, next time, you wont need as much luck, you can make your own. Who say’s math isn’t fun.

[temeculaguy]

[quote=jimmyle]yes, i sold my stocks in 2008 after owning them for more than one year and lost $12K. Then I bought some stocks in June and just sold them for a $10K profit hence short term gain.[/quote]

Well jimmy, fsd has the answer, even before you clarified, he’s a smartie. Now that you know the trick, use the strategy and avoid selling into a loss greater than 3k unless you have a winner to offset it. There was no way to know you were going to hit a 10k winner so in hindsight, you should have spread that 12k loser over 4 years unless you had a gain and after a gain, then lose the matching amount. You got lucky this time, next time, you wont need as much luck, you can make your own. Who say’s math isn’t fun.

[temeculaguy]

Like AN, I also didn’t realize how low rent is compared to prices there, what would your place sell for CA renter?

[temeculaguy]

Like AN, I also didn’t realize how low rent is compared to prices there, what would your place sell for CA renter?

[temeculaguy]

Like AN, I also didn’t realize how low rent is compared to prices there, what would your place sell for CA renter?

[temeculaguy]

Like AN, I also didn’t realize how low rent is compared to prices there, what would your place sell for CA renter?

[temeculaguy]

Like AN, I also didn’t realize how low rent is compared to prices there, what would your place sell for CA renter?

[temeculaguy]

wow, londoner, you just joined, you can’t make decisions about what is appropriate here, but I can.

While I don’t like your choice of words, I do agree that alienating our strongest ally is not a good plan and the lockerbee case is a dog with a lot of fleas, read into it, there is a decent chance they got the wrong guys.

Britain and the U.S. pretty much have only each other, it cost Blair his job but he didn’t leave us, and we won’t leave them, we are too idealogically and politically connected to ever part ways, sure we argue like siblings, but when things get bad, we count on each other. Can’t you just get mad at france like everyone else?

[temeculaguy]

wow, londoner, you just joined, you can’t make decisions about what is appropriate here, but I can.

While I don’t like your choice of words, I do agree that alienating our strongest ally is not a good plan and the lockerbee case is a dog with a lot of fleas, read into it, there is a decent chance they got the wrong guys.

Britain and the U.S. pretty much have only each other, it cost Blair his job but he didn’t leave us, and we won’t leave them, we are too idealogically and politically connected to ever part ways, sure we argue like siblings, but when things get bad, we count on each other. Can’t you just get mad at france like everyone else?

[temeculaguy]

wow, londoner, you just joined, you can’t make decisions about what is appropriate here, but I can.

While I don’t like your choice of words, I do agree that alienating our strongest ally is not a good plan and the lockerbee case is a dog with a lot of fleas, read into it, there is a decent chance they got the wrong guys.

Britain and the U.S. pretty much have only each other, it cost Blair his job but he didn’t leave us, and we won’t leave them, we are too idealogically and politically connected to ever part ways, sure we argue like siblings, but when things get bad, we count on each other. Can’t you just get mad at france like everyone else?

[temeculaguy]

wow, londoner, you just joined, you can’t make decisions about what is appropriate here, but I can.

While I don’t like your choice of words, I do agree that alienating our strongest ally is not a good plan and the lockerbee case is a dog with a lot of fleas, read into it, there is a decent chance they got the wrong guys.

Britain and the U.S. pretty much have only each other, it cost Blair his job but he didn’t leave us, and we won’t leave them, we are too idealogically and politically connected to ever part ways, sure we argue like siblings, but when things get bad, we count on each other. Can’t you just get mad at france like everyone else?

[temeculaguy]

wow, londoner, you just joined, you can’t make decisions about what is appropriate here, but I can.

While I don’t like your choice of words, I do agree that alienating our strongest ally is not a good plan and the lockerbee case is a dog with a lot of fleas, read into it, there is a decent chance they got the wrong guys.

Britain and the U.S. pretty much have only each other, it cost Blair his job but he didn’t leave us, and we won’t leave them, we are too idealogically and politically connected to ever part ways, sure we argue like siblings, but when things get bad, we count on each other. Can’t you just get mad at france like everyone else?

[temeculaguy]

This is not meant as an insult but just to be sure we are talking apples to apples, when you say you lost or gained, did you sell the stock or is it just the loss or gain based on current value?

Also, what do you mean by “long term” and “short term.” Why is it that if you lose 12k you can only write off 3k? Is it because you only had 3k in capital gains so you only used a portion of the loss to offset gains or is there another reason?

[Author]

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