Skip to main

Posts & Investments - #taxlossharvesting

Sold Yieldmax Tsla Option Income EtfInvested for 52 days
Lost12.35%
I knew this was probably a dividend yield trap when I bought it. I just thought it wouldn't sink this low this quick. I blame the Fed for crushing this before it had a chance to grow. #endthefed #townhall #smartmoney #invest #tbillinvesting #cutlosesquickly #taxlossharvesting
4
0
Sold ChargePoint HoldingsInvested for 371 days
Lost26.24%
I’ll absolutely buy back into $CHPT later, because I’m certain that this company (along with the entire #EV sector) has huge #growth potential in the upcoming 10 to 20 years. But I’m increasingly thinking that the economy and the stock market are going to keep backsliding in the short and medium term – we’re probably heading into a #recession – so I’m #acceptinglosses for #taxlossharvesting purposes. I’ll #reinvest when it’s clear we’re actually in a #recovery .
Tipped
0
0
📉 TAX LOSS HARVESTING, DIVIDENDS, AND WASH SALES 📉 〰️〰️〰️〰️〰️〰️〰️〰️ A possible #silverlining to my unfortunately having so many badly hammered positions is the opportunity to sell one or some for a loss and then to "write off" the loss(es) for fewer taxes to pay in April 2023 or future tax years. This strategy is called #taxlossharvesting (TLH) and is one worth considering at the end of the year wSee more
Sep 28, 2017 - Sep 28, 2022
RQI
RQI29.51%
CRWD
CRWD378.18%
ASML
ASML172.33%
VTI
VTI53.70%
1
0
Invested in Xos
#adding $13 @ $3.06 per share to $3 @ $3.22 average cost basis (-5%). This was one of my painful #fallingknives last year that I closed in January at a -61% loss. Now have 5+ shares @ $3.09 average cost basis. I hope last week’s hype over vehicle delivery is the start of an uptrend for them and that today’s earnings call does well. I told myself I was done with #pennystocks , but I have a #stockhoarder problem! Commercial #lastmiledelivery #electricvehicles #longterm #growth #possibilities Original position: 5.5 shares @ $5.80 average cost basis and sold @ $2.30 for #taxlossharvesting . Closed position post: https://public.com/p/16494daa-5252-4f63-9a00-cb907aaf64ae.
Tipped
0
0
Sold PelotonInvested for 189 days
Lost30.17%
Position closed, terrible time for #luxury #consumerdiscretionary #fallingknives stocks so I’m taking this beat down position and putting it in better 2022 prospects bc it’s gonna be a while before Peloton comes back. ($CRWD $PYPL $NET $TSLA ) #dollarcostaverage SELLS #taxlossharvesting off last share, this one @ $23.36. Bought 6+ shares in 2021 at around $51.65 average cost basis for $309.30ish total invested. Sells: 1+: $38.xx+ 2. $37 3. $23.59 4. $22.43 5. $21.92 6. $23.36 Total realized “gain”: $167ish Invested (6 shares): $309ish Loss: -$142ish (-46%)
0
0
Sold PelotonInvested for 189 days
Lost34.08%
Terrible time for #luxury #consumerdiscretionary stocks so I’m taking this beat down position and putting it in better 2022 prospects bc it’s gonna be a while before it comes back. #fallingknives #trimming #dollarcostaverage SELLS #taxlossharvesting off 1 more share, this one @ $21.92 from 2 remaining shares, after buying 6+ @ $52ish average cost basis. 6+ shares at around $51.65 average cost basis for $309.30ish invested total. Sold 4+ shares bought at total. 5+ shares sold out of 6*: 1. $38 2. $37 3. $23.59 4. $22.43 5. $21.92 Total realized “gain”: $142.94 Invested (5 shares): $257ish Loss: -$115ish loss It’s going to be a long time for this to recover or come close to breaking even so I’m moving the losses to better, quicker prospects. Hopefully we get another push toward $30 before I close the position.
0
0
Sold PelotonInvested for 188 days
Lost33.78%
Bad time for #luxury #consumerdiscretionary stocks. #fallingknives #trimming #dollarcostaverage #taxlossharvesting selling off 1 share @ $22.44 from 3 remaining shares, after buying 6+ @ $52ish average cost basis. I sold 2 @ $38ish, 1 @ $23.80, and now have two left. Total realized loss so far is around -$86ish. It’s going to be a long time for this to recover or come close to breaking even so I’m moving the losses to better, quicker prospects. Hopefully we get another push toward $30 before I close the position.
1
0
Victor avatar
Victor
@victor
Tax-loss Harvesting
Are taxes still on your mind from last week’s #PublicLearn article spotlight? If they are, today’s spotlight is for you! Let’s look at #taxlossharvesting
4 min read
4
0
Victor avatar
Victor
@victor
What are Capital Gains Taxes?
2021 may be done with us but if you invested last year, you may not be done with 2021. Let’s take a moment to learn about Capital Gains Taxes in today’s #PublicLearn article spotlight!
4 min read
23
0
#Taxes Paying taxes is a must, but avoiding taxes should never dictate your investment strategy. That is why they say "Don't let the tax tail wag the dog." With that being said, learning to be tax efficient is helpful and keeps you from leaving money on the table. A #NewInvestor should first be aware of what short and long term #CapitalGains and #CapitalLosses are. Once comfortable with this then youSee more
21
0
Own your future.
Build your portfolio.
Products
Contact Us
Check the background of this firm on FINRA’s BrokerCheck.

© Copyright 2023 Public Holdings, Inc. All Rights Reserved.

Market data powered by Xignite.

All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.

Product offerings and availability vary based on jurisdiction.

Stocks and ETFs.
Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (“Open to the Public Investing”), a registered broker-dealer and member of FINRA & SIPC. Additional information about your broker can be found by clicking here. Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (“Public Holdings”). This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Open to the Public Investing is not registered. Securities products offered by Open to the Public Investing are not FDIC insured. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. Additional information can be found here.

Alternative Assets.
Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). This content is not investment advice. These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured. Alternative Assets purchased on the Public platform are not held in an Open to the Public Investing brokerage account and are self-custodied by the purchaser. The issuers of these securities may be an affiliate of Public, and Public (or an affiliate) may earn fees when you purchase or sell Alternative Assets. For more information on risks and conflicts of interest, see these disclosures. An affiliate of Public may be “testing the waters” and considering making an offering of securities under Tier 2 of Regulation A. No money or other consideration is being solicited and, if sent in response, will not be accepted. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification by the SEC or as stated in the offering materials relating to an investment opportunity, as applicable. An indication of interest to purchase securities involves no obligation or commitment of any kind.

Crypto.
Cryptocurrency execution and custody services are provided by Bakkt Crypto Solutions LLC (NMLS ID 1828849) through a software licensing agreement between Bakkt Crypto Solutions LLC and Public Platform LLC. Bakkt Crypto is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Bakkt Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Please ensure that you fully understand the risks involved before trading: Bakkt Crypto Disclosures.

Treasuries.
U.S. Treasuries (“T-Bill“) investing services on the Public Platform are offered by Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC. See JSI’s FINRA BrokerCheck and Form CRS for further information. When you enable T-Bill investing on the Public platform, you open a separate brokerage account with JSI (the “Treasury Account“).

JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity). T-bills are purchased at a discount to the par value and the T-bill’s yield represents the difference in price between the “par value” and the “discount price.” Aggregate funds in your Treasury Account in excess of the T-bill purchases will remain in your Treasury Account as cash. The value of T-bills fluctuate and investors may receive more or less than their original investments if sold prior to maturity. T-bills are subject to price change and availability - yield is subject to change. Past performance is not indicative of future performance. Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. As a general rule, the price of a T-bills moves inversely to changes in interest rates. See Jiko U.S. Treasuries Risk Disclosures for further details.

Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.

Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC.

JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.

Commission-free trading of stocks and ETFs refers to $0 commissions for Open to the Public Investing self-directed individual cash brokerage accounts that trade the U.S.-listed, registered securities electronically during the Regular Trading Hours. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Open to the Public Investing’s Fee Schedule to learn more.

Fractional shares are illiquid outside of Public and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see our Fractional Share Disclosure to learn more.