America's 10 Highest-Paid CEOs of 2011 (and How They Earned It)
The Richest Woman in the World: How Gina Rinehart Earns her BillionsWith stock markets continuing to free fall, investors should explore the option of tax-loss selling now. While harvesting losses on stocks to offset capital gains is customarily done in October and November, smart investors will realize that there is no reason not to do the same now. Over the last week, I have been working with my clients to sell their losers and realize the loss. Either they will be able to use the losses to offset gains which hopefully will come later on this year, or the losses can be rolled over for next year as well.
Those of you in former high fliers such as Baidu.com (NASDAQ: BIDU), First Solar (NASDAQ: FSLR) and Apple (NASDAQ: AAPL) who are lamenting your steep losses of the last month have no fear. By taking losses on those stocks now, you may actually profit from your losers.
Aaron Katsman is the lead Portfolio Manager and Managing Director of America Israel Investment Associates, LLC. and Senior Editor of IsraelNewsletter.com. DISCLOSURE: Writer has no positions in any stock mentioned as of 1/23/08
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