Originally posted by RightLaugh
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I don't think I would have to make 10K profit each year.
Imagine if I invested in several random stocks and broke even over the year. I'd expect some of the stocks to have gone up and some to have gone down. I could sell the winners and keep the losers, so taking my full capital gains tax allowance and having some loss making positions in the portfolio to offset against profits in future years.
In a few years when I'm rich and actually can make more than nine thousand a year on investments, I'll be glad I didn't waste the tax allowances in my days of poverty.
That's the sort of thing I'm looking for - does anyone know who provides something like this?
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