I think you need to start a new thread if your goal is to find quality stocks with high ROC. REITs and income trusts have the highest ROC.threadhead wrote: ↑ This may not be the correct forum to ask this question, but I'll give it a go anyway.
I have a large unused capital loss to consume, so among other strategies for drawing it down I'm looking for securities that have a larger proportion of their distribution assigned as return of capital rather than taxable dividends. I expect most will likely be REITs, but not necessarily all, and I don't want to overlook anything -- not to mention that some diversification would be welcome.
I could try a brute force approach and hunt down and examine all the potential candidates one by one, but I was wondering if someone else had already been through a similar exercise, or knew of any shortcuts that might be helpful for constructing a working list
I’m assuming that finding growth stocks so that their capital gains in the future can offset with your capital loss is not an option? And that it’s not worth it to apply your current capital loss to offset taxable capital gains in the previous 3 years?
I’m trying to understand the logic on ROC. A ROC is not taxable unless it exceeds the original investment. Wouldn’t be better to find ways to recover what was lost? Or are you after income only? Probably a discussion for a separate thread.