Here's some bad news for anyone sitting on a stock that got hammered as the market fell this summer: your bright little idea may get pounded even more this fall as fellow shareholders sell to lock in tax advantages by year's end. Tough out there, huh? By acting now, though, you can turn the expected "tax-loss selling" into an opportunity. There are some extra risks and costs, but they don't amount to much if you have losers that you expect to sell anyway. The basic strategy is to dump your dogs now, so that when the crowd starts doing it in...
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