Boiler Room: The Official Stock Market Discussion

the cac mamba

Veteran
Bushed
Joined
May 21, 2012
Messages
102,486
Reputation
13,704
Daps
299,389
Reppin
NULL
s & p is up a point and a half today :banderas:

im just waiting to fukkin get back in the green so i can sell these mutual funds and dump most of it into an index fund

but if i just sold now at a loss and moved them into the index fund anyway, do i get to claim that as a loss on taxes? :jaylupe:
 

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
46,225
Reputation
3,914
Daps
70,013
Reppin
Michigan
s & p is up a point and a half today :banderas:

im just waiting to fukkin get back in the green so i can sell these mutual funds and dump most of it into an index fund

but if i just sold now at a loss and moved them into the index fund anyway, do i get to claim that as a loss on taxes? :jaylupe:
I think they offset you capital gains on your taxes as long as the wash rule doesn't apply. Wash rule says I think a 30 day window you can't repurchase that stock or you can't claim it as a loss.
 

Benefited

Banned
Joined
Mar 11, 2015
Messages
10,786
Reputation
91
Daps
30,216
Looking for ULTA to dip in the morning then break 335 before I buy calls. I will consider that to be a bullish move.
 
Top