Yep you can use the capital losses to offset gains later, as long as you have capital, you can play the game.
I calculated few days ago, my wives SGH holding was sold (too late but acceptable) for around $125k at 40c, that same holding now would be worth $11k..
That $125k now, is just over $450k in just over 1 year...
$11k and $450k - Amazing contrast
Sometimes it's good to admit you were wrong, preserve capital and invest elsewhere.
SGH Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
