For tax purposes, it is advisable to sell stocks that have lost value and keep stocks that have increased in value.

Name: For tax purposes, it is advisable to sell stocks that have lost value and keep stocks that have increased in value.
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Quizplus · Accepted Answer

Selling stocks that have lost value can offset capital gains from other investments and reduce overall tax liability, while keeping stocks that have increased in value can potentially lead to higher gains in the future without triggering immediate taxes.

For Tax Purposes, It Is Advisable to Sell Stocks That