Q: I have a current capital gain on stocks sold this year of about $28,000. The only stock I hold that has a capital loss opportunity is Wilan which at today’s prices would net me a $12,000 capital loss. I sold ½ my position in Wilan last year to offset similar capital gains and it worked out well.
My question is should I wait till later in the tax year or should I just do it now. I don’t need the funds and I would just look at re-investing.
And thanks Peter & 5i, the gains have very much been due to what I have learned from you and your team.
My question is should I wait till later in the tax year or should I just do it now. I don’t need the funds and I would just look at re-investing.
And thanks Peter & 5i, the gains have very much been due to what I have learned from you and your team.