We have covered some of the opportunities that a depressed economy can provide some people.What about that bank stock that you own?One possibility is selling an asset for a loss to help offset capital gains tax in the present and future.While the idea of selling an asset at a low point might make one cringe, the tax offset might be worth it.If you have a lot of nearly worthless stock, you might want to discuss this strategy with your financial planner and/or accountant.
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