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How does this not apply to any other financial instrument that I might buy? I buy a stock, sell it to buy another stock, tax event. Sell any ETF to buy a house,
by mikestew 5y ago
How does this not apply to any other financial instrument that I might buy? I buy a stock, sell it to buy another stock, tax event. Sell any ETF to buy a house, tax event. Sell mutual fund shares to buy an ETF...oh, you get the idea.
IOW, what other things makes this ETF unique amongst the gazillion other instruments I might buy with my account holdings? Because capital gains is not one of those things.
- hrez 5y ago> sell mutual fund shares to buy an ETF it's not always the case, check vanguard MF to ETF conversion for details