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SO, HOW'S YOUR PORTFOLIO?

September 23, 2008

If your stock portfolio has taken a hit lately, you have a lot of company. The TaxGrrrl explains whether that means you have a capital loss:

A gain or loss has to be realized in order to mean anything and this is where some taxpayers get confused. Just because the market goes up or down - as it is wont to do - doesn’t mean anything.

No trade, or not worthless, means no loss.

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