Today I panic sold MU at around a $70k loss.
Now I’m thinking about buying back in because I still believe in the stock long term, but I’m worried about the wash sale rule.
If I buy MU again within 30 days, does the loss get disallowed completely, or is it added to the new cost basis?
What would you do in this situation?
Got to know about this sub today. I’ve invested a good chunk of money already in DRAM because, fundamentally, the numbers and long-term demand make sense to me.
Now I’m looking for other opportunities that are still reasonably valued , not pump-and-dump plays, but companies with strong fundamentals, good business models, and long-term potential.
If you have any stocks in mind, please share why you believe in them. A few points around the business, growth drivers, valuation, moat, industry tailwinds, etc. would be really helpful.
Would love to hear what people here are accumulating and the thesis behind it.
I live outside India and need to update the bank details linked to my mutual fund folios. I submitted the signed form through MF Central, but the OTP is still being sent to my old inactive number.
Some folios are linked to my new bank account, while others still have the old one. MF Central is also showing some folios as unregistered because two different mobile numbers are associated with them.
Has anyone faced this issue before? What is the best way to update bank and mobile details across all folios from abroad?
Saw this on X . Last week the SMH ETF saw its largest single-week outflow in its entire 14 year history.
Looking from the community on what they think.
I had lent ₹10 lakhs to a friend in India around 4+ years ago. He has repaid only ₹3 lakhs so far, and ₹7 lakhs is still outstanding.
I do have a blank cheque issued by him that he gave me last year around Diwali time. He keeps on extending the dates some or the other way. I currently do not live. What legal remedies are available in this situation?
