To maximize profit or reduce dollar losses when you sell your investments,it is important to do all of the following except

Question

Quizplus · Accepted Answer

Identifying original dollar costs after selling investments is not relevant to maximizing profit or reducing losses when selling investments. Keeping track of the original cost is important for tax purposes, but it does not impact the selling decision or the potential profit or loss. The other options (A, B, C, and D) are all important factors to consider to make an informed decision when selling investments.

To Maximize Profit or Reduce Dollar Losses When You Sell