Investing During Retirement

Re: Question Please?

zyberianinves — Tue, 02 Dec 2008 05:09:37 GMT

as long as its a GAIN no wash....If its a LOSS then the only penalty will occur when you sell the one that falls in the wash sale rule. Dont forget to factor in the broker expenses.

Re: Question Please?

RettW — Tue, 02 Dec 2008 04:36:08 GMT

I think you are right. Wash sales are losses only with rebuys within 30 days.

Re: Question Please?

Limoman — Fri, 28 Nov 2008 12:51:00 GMT

Well..

1. BTHOM,,but makes sense.. but nothing does in this business

2.Maybe ask the Stock boys at >

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Ultimate Stock-Picker's Board

Re: Question Please?

kbisles — Thu, 27 Nov 2008 10:31:27 GMT

Sorry, but it should be cost basis of 83 instead of 85, Thanks-kbi

Question Please?

kbisles — Thu, 27 Nov 2008 10:25:46 GMT

Bought diamonds (DIA) in following sequence:

10/8 100 sh @94

10/10 50 sh @82

10/17 50 sh @89

11/12 50 sh@83

As long as I select from above and sell for gains, it would not be a wash sale. Am I right with my thinking. For example, if I sold 50 shares on 11/26 for 87 and used my cost basis of 85 on 11/12, I would be ok. Thanks for your response-kbi