Comment on Gaming market melts down after Google reveals new AI game design tool — Project Genie crashes stocks. (A.K.A . Investors panic because they don't understand what "real" videogames are)

slazer2au@lemmy.world ⁨1⁩ ⁨week⁩ ago

• HeyThisIsntTheYMCA@lemmy.world ⁨1⁩ ⁨week⁩ ago

  no these are a bunch of dips making it happen

  source
• sp3ctr4l@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

  If you like holding an empty bag, this is a great strategy.

  source

  • slazer2au@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Ever hear of carrying capital losses forward to offset capital gains?

    source

    • sp3ctr4l@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

      … That kinda sorta works for companies, not so much people looking to make some kind of probably leveraged bet.

      source

      • slazer2au@lemmy.world ⁨1⁩ ⁨week⁩ ago

        It works for individuals too. When I sold some shares a couple parcels were at a loss so I was able to offset the gains on other shares.

        You do have a limit on how long you can carry the losses forward and they only offset capital gains not regular income tax.

        source

        • -> View More Comments