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At some point you need to realize your gains—perhaps to rebalance a portfolio, or to pay for an expense, or because you’re retiring and now it’s time to enjoy t
by dcrazy 2y ago
At some point you need to realize your gains—perhaps to rebalance a portfolio, or to pay for an expense, or because you’re retiring and now it’s time to enjoy the profits of your buying and holding. And a lot of people elect specific-lot cost basis accounting to minimize tax burden.
- giantg2 2y agoSupposedly they have a tax loss harvesting and "min tax" tool for that.
- dcrazy 2y agoThe “tool” was sorting your lots by cost basis, which is what Enginerrrd is saying was taken away.
- giantg2 2y agoI would guess it's still there but buried in some UX hell hole
- toast0 2y agoI did some rebalancing recently, and couldn't find it. You can sort by capital gain per lot, which isn't very helpful if your lots are vastly different sizes. Thankfully I don't have that many lots, and had plenty of capital loss carryover to offset the gains, so it doesn't matter that much, but it's annoying, and it's probably the straw that's going to get me to actually move to a better brokerage. (which I guess is fine for Vanguard, if I'm at a different brokerage, it reduces Vanguard's costs)