How to profit from your losses on those 'Cathie Wood' stocks

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

OPINION: Don’t panic if you have lost thousands of dollars from your Cathie Wood fund. Here are three ways to turn today’s pain into tomorrow’s gain, BrettArends writes.

Americans have lost billions of dollars from their retirement funds in the past year as some of the most popular recent investments have come crashing down to earth.

Will the future be brighter? Possibly. Futuristic “growth” stocks that have fallen 70% or more from their peaks are, by definition, closer to the bottom than they are to the top . The hot money that flooded in has flooded out. Some of these stocks may prove good long-term bets from here, though good luck getting the names or the timing right.

The second is that you have to watch out for the so-called “wash rule.” This means that if you want to claim a tax loss, you cannot just sell the securities and then immediately buy them back again. If you did that, the IRS would consider the transaction a “wash” and you wouldn’t get the tax benefit.

If you hold the securities in a traditional, “pretax” IRA, and you were hoping to convert this account to a posttax Roth IRA at some point, this could be the moment.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

BrettArends short her

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

5 Things to Know Before the Stock Market Opens FridayU.S. stock futures rose Friday, erasing earlier losses as investors continued to assess the risks stemming from Russia’s invasion of Ukraine.
ソース: NBCDFW - 🏆 288. / 63 続きを読む »