this is bs, page-14

Top-pick,

Good to see an alternate view on my post.

From a pure share-trading / investment point of view, I can see where you're coming from when you say that "there's no use selling to crystalize a loss if you haven't got any Gains to offset it against".

However, most investors still have a day job, with regular income that is taxed, so that's usually enough incentive to turn the paper pain into tax refund.

Also, I've started looking at stocks that can provide cash that can be used to buy other stocks, where the loss might be <= 50% but the stock being bought has been unfairly hammered, so that likely 2-bagger bounces back can be replaced with 4 to 10 bagger returns if/when the market eventually comes back.

I've not done that with COE, as it's one of my few remaining 'steady' stocks, but I would imagine others might have a similar strategy. There are so many bargains out there, and so little spare cash to take advantage of it. A little strategic portfolio reshuffle, buying hammered stocks with some tax-return perks thrown in can kind of double-dip the June-selling effect.

That's my take on it anyway.

Cheers.