I sold 6 figures worth of losses in these stocks yesterday and sold gains to even out to zero gains. It's painful to lose money, but because I got caught in some long trades that didn't work out well, I was able to take some gains in stocks that have worked out well. I can then redeploy that money in 2023 in to sectors and stocks that are working. Remember - I’m 52 and I’ve held more What I sold at a loss $AEO $ARKF $ARKG $ARKW $BABA $DKNG $ETHE $GBTC $META $PLTR $PTRA $TER What I didn’t sell because it was short term $AMD $CRWD What I sold for gains to balance this out $KO $MSFT $XOM $TSLA $RUTH I’ve done the calculation and I’m looking at balancing things out and selling more - still remaining under the $40k of individual limits for 0% long term capital gains. Looking at selling $ABT $JNJ $PEP $XLK And $AAPL because I still have $30k to sell that is essentially tax free. $Kold way up $CHRD and $NRG for James and Tom $REI Scans $VWO $VXUS $XLB $UPS $MCD $O $V $MA $SBUX $AEP SALE ON TRENDSPIDER ENDING SOON Get 55% off Trendspider here - please use this link as I do get a commission when you sign up, but it's the program I use my algorithm in and I'll give you access to the algorithm if you sign up through this link. I will also give you watch lists and my custom scans that I use in the podcast every day. Sign up for Webull and get free stocks like I did - WEBULL LINK Support the podcast - HERE Social Links and more - https://linktr.ee/dailystockpick

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related