With the only exception of tax treatment for different holding periods or year of sale. If you’re a few days away from getting long-term treatment on a large gain, you’re not in exactly the same position as someone buying today and could easily have a different risk-adjusted return on holding shares you think are over-valued for a few more trading days.
Less common is if you have a long-term loss (in-year or carry-forward) that will be used to offset a short-term gain, but you have a long-term unrealized gain. In that case, you would consider holding and realizing the long-term gain in the subsequent year, allowing the (less valuable) long-term loss to offset the (more expensive) short-term gain.
Yeah as I said I don't hold Tesla. I was long on it as I sold it years ago. Could've made more money if I held on to it, but I was not smart enough to realize what the global economy was doing to tech stocks, and not dumb enough to think Tesla actually was going to have any sort of intrinsic value close to their market cap.
I am the founder/developer of Planda, a web app designed to help people schedule group events more efficiently.
Using Planda is a super simple process:
1. Create a Planda - enter the possible days/times for your event
2. Share the Planda - send to your friends/colleagues, who can fill their availability without needing to register
3. Confirm a Date - once everyone has replied, pick a final date/time and send calendar invites by email
Planda is totally free to use and offers integration with Outlook and Google Calendar, allowing people to fill their availability with a single click.
Planda Pro offers a paid version with the ability to customise the branding and colours on the website, for businesses who want to use the product professionally to schedule events with clients. A free 30-day trial of Planda Pro is available at https://planda.pro/.
The backend uses Elixir & Phoenix, which are a wonderful language and web framework that I cannot be positive enough about. Happy to answer any questions about those if anyone has any.
The app does no tracking/data mining of any kind and it collects no data other than the obvious things that are required. See the privacy page for more information (https://planda.fun/help).
If you wouldn’t buy it today then you should sell.