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Re: Cluster Duck post# 13827

Saturday, 11/14/2015 2:25:00 PM

Saturday, November 14, 2015 2:25:00 PM

Post# of 24841
Sure. That scenario is highly unlikely and one would have to be an utter fool to do it. But yes, 30 days before applies too.

The wash sale rule isn't complicated. Just designed to keep people from retaining exposure to a security while claiming a tax loss.

Imo though, it isn't wise to do things purely for tax considerations. If a position is bad and costing you money, the last thing a person should do is try and retain exposure to it.





This post is just my opinion. I am a 100% non-compensated poster posting solely for my own interests and/or entertainment.