Mark Hulbert: These 8 money-losing stocks could bring you big gains come January
Tax-loss selling will disrupt stock markets between now and the end of the year — and shrewd buyers can profit from the chaos.
The cause of this turmoil is year-end tax-loss selling. This occurs when an investor sells a stock at loss in order to offset capital gains realized earlier in the year and on which capital gains tax would otherwise be due. Such selling needs to be completed before Dec. 31 in order to reduce 2021 taxes.
What's your reaction?