So for the first 3-5 months I've been selling mainly my loser stocks and keeping my winners. However this means I am significantly in the red X money in realized losses so far for the year.
At the end of the year to offset losses and not pay much on taxes, am I FORCED to sell a lot of my "Winner" stocks for profit in order to balance it out? How do most stock people deal with this given in general most stocks are more losers than winners?
Ideally I just want to keep all my long term winners forever without selling, but it seems they fore your hand at the end of the year..
Submitted May 18, 2021 at 01:14AM by BigBet0 https://ift.tt/3ydCkh3
