3 ms·
Number 2 can be useful as part of a tax minimization strategy as you reset your basis when you move to a similar asset. Some people do this after long term gain
by zeckalpha 6y ago
Number 2 can be useful as part of a tax minimization strategy as you reset your basis when you move to a similar asset. Some people do this after long term gains kick in and there’s a small drop. I am not a tax lawyer... https://www.investopedia.com/terms/t/taxgainlossharvesting.asp https://www.investopedia.com/terms/t/taxgainlossharvesting.a...