Why I'm Selling My Stocks

"tax loss harvesting is a strategy that allows you to sell stocks that have lost money to offset the tax you would owe on the stocks that have made money"

"the most well-known rule is What's called the wash sale this is what happens when you sell a stock for a loss use that loss to offset a tax and then you go and immediately buy back in that exact same stock that you sold within a 30-day window the IRS does not allow that"

"you could offset those taxes entirely by selling another stock for a loss and if you do this correctly you could wipe out all of the taxes you otherwise would have had to pay"

"if you have more losses than you do profits then congratulations you're able to deduct that off your ordinary income up to three thousand dollars a year with the rest being deducted from future years"

"I'm still holding on to a small basket of stocks to see if I could outperform a stock picking monkey and so far the monkey is winning"