As 2019 comes to an end, it can be tempting to sell off losing stocks for the tax break.
Today, Alexander Green explains how you can navigate the wash-sale rule and still capitalize on potential rallies in December and January.
In December 1996, I sold all my shares of Best Buy (NYSE: BBY).
It was one of the most boneheaded investment moves I ever made.
A year later the stock was up more than fivefold. A few years more, it was up more than thirtyfold.
The worst part is that I liked the business prospects for Best Buy at the time.
I sold it only because […]