I really need an advice on what I should do with my ARKK stock. I'm not an expert in stock market and really appreciated step by step what I should do for minimum loss.
I have purchased ARKK in 2020-21 almost at the peak. It was my worst financial move and I have learned from this mistake. As of today, my loss for ARKK is abut 67% and about $4,800. (I know it might not be a lot but I still don't want to loss it. Sorry.).
The reason that I haven't sold it yet to cut loss because I'm not eligible to carry this loss to offset for my income when I file tax return. My income is tax exemption so basically I pay zero tax for my work earning. That's the reason I still keep it hanging in my portfolio and hope for a miracle for one day.
What are the solutions or any advice I should so do this $4,800 loss if I sell it today? Just continue keeping it?
Thank you very much.
Submitted June 05, 2024 at 09:54PM by WBlueDevil https://ift.tt/Rbfea54