3 ms·
Hence the emphasis on cycling things around. You’re not trying to cut and run, but retain exposure while crystallizing the loss. I’m not in US, but what are th
by Scoundreller 5y ago
Hence the emphasis on cycling things around. You’re not trying to cut and run, but retain exposure while crystallizing the loss.
I’m not in US, but what are the rules about buying back a stock that you just sold?
In Canada, it’s a 30d wait for the loss to count, but you can buy back another similar company/index the next minute and your loss still counts.
If the price of oil craters and you sell your -10% Exxon and buy -10% Chevron, you’re not timing the market but you are crystallizing a loss.
Or change between Solactive and MSCI-based index funds because they’re “only” 95% identical.