Dear Dagen: Let Your Losses Work for You

When you lose money playing blackjack, you only have to push yourself away from the table and head for the $9.99 all-you-can-eat buffet. But when you lose money in the market, backing away from your losses isn't nearly that easy.

You have to make tough decisions about what to sell, when to sell it and where to reinvest that cash.

Investors are grappling with how to handle all the losses they've racked up over the past two-and-a-half years. Here are some useful comments from a few readers along with some helpful hints.

A Loss You Can't Use

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