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People do tax-loss harvest, but they're taking a risk because they have to stay out of the stock for 30 days, and during that time who knows what will happen. I
by sfblah 5y ago
People do tax-loss harvest, but they're taking a risk because they have to stay out of the stock for 30 days, and during that time who knows what will happen. I'd be interested in a more concrete example of exactly how someone could do what you're saying to come out ahead. So far you just keep saying vague things. What exactly would someone do under my system to sidestep it?
- refurb 5y agoYou just purchase another stock right away that correlates or matches the one you sold. Sell Vanguard total market and buy Fidelity total market. No need to stay out of the market for 30 days.