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Simple. Let's say I have 100$ in realized short term gains. Can I buy 1000$ worth of spy long etf and 1000$ worth of spy short and sell whichever loses money at the end of the year to reduce my 100$ gain / defer it until I sell my new 1000$ position?

Seems too good to be true since it's essentially a hedged play to defer gains



Submitted August 12, 2017 at 06:05PM by StylishEuro http://ift.tt/2wEFoTB

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