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The Flying Frisby
Tax loss buys - purchases now complete
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Tax loss buys - purchases now complete

No we wait to sell.

Dominic Frisby's avatar
Dominic Frisby
Jan 09, 2023
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The Flying Frisby
Tax loss buys - purchases now complete
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Further to the opportunities outlined here, here and in the helium report, I thought I should update subscribers on the tax loss purchases I was able to make, and what my plans now are with them.

A reminder of the logic of this trade. The North American tax year ends in December with the calendar year. Many Canadians and Americans sell their losers in order to realise a loss which they can offset against gains elsewhere to reduce their capital gains tax liabilities. The result is that certain stocks can get hit with a lot of selling pressure presenting an opportunity for bottom-fishers to pick up bargains.

Here are the purchases I was able to make.

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