The Worst Trade I Ever Made… and How You Can Benefit

By Alexander Green 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 …read more

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