Just so nobody is misled on tax loss selling season this week:
posted on
Dec 27, 2007 03:28PM
We're all here to make a buck, but so nobody is misled on tax loss selling season this week, here is how it works simply put. In Canadian exchanges, the last day possible to make a trade and have it count against 2007 was Monday Dec 24th till 1pmEST. In the United States exchanges, the date was Wed, Dec 26th 1pm EST. That's it. Anyone who sells anything after these dates it counts for 2008.