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My Portfolio on December 7, 2021
#6
(12-08-2021, 07:32 AM)fenders53 Wrote: T has been the bane of most of us.  The "announcement" was actually the straw that broke my back on yield traps.  I noticed 10% of my stocks were usually causing 75% of my concern.  Not something I wish to deal with.  Not to mention their total return was trash anyway so T was gone and the rest left gradually when they had a few good days in a row.  I don't miss them even a little.  I'd rather sell a share or two of a company that actually grows if necessary.  I understand you are dealing with a taxable account though.

I've already maxed out my $3k tax loss for 2021 from T. Waiting until the calendar rolls over to sell more, if I do. I know losses carry over but I typically try to make moves for a tax year within the tax year impacted. I'm getting older, helps me not to forget. Wink

I honestly don't have a clear idea of what I'm doing with what I have left. If spinco, as advertised, doesn't pay a dividend, I'll sell that after receiving shares and treat it like a special - plus I'll have a tax loss just from it. If T gives $1.20 in a dividend post-transaction we're still talking 5%. I'm OK - not thrilled but OK - with keeping the amount I have until the spinoff. But an opportunity could come along, share price could recover - the "could" list is long.
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Messages In This Thread
My Portfolio on December 7, 2021 - by cemanuel - 12-07-2021, 05:46 PM
RE: My Portfolio on December 7, 2021 - by cemanuel - 12-08-2021, 07:06 AM
RE: My Portfolio on December 7, 2021 - by cemanuel - 12-08-2021, 10:39 AM
RE: My Portfolio on December 7, 2021 - by cemanuel - 12-08-2021, 02:57 PM
RE: My Portfolio on December 7, 2021 - by cemanuel - 12-09-2021, 06:47 AM
RE: My Portfolio on December 7, 2021 - by cemanuel - 12-09-2021, 08:47 AM
RE: My Portfolio on December 7, 2021 - by DaveVK - 12-10-2021, 01:30 AM
RE: My Portfolio on December 7, 2021 - by cemanuel - 12-10-2021, 12:24 PM



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