I just reallocated into VTSAX, right before this correction. Hence I’m considering to do some tax loss harvesting in my taxable account, since the latest market drop has caused me a loss of -14k$ currently. YTD I have ~2k realized taxable gains. So I'm hoping to offset around 12k for the next 4 years from my income tax ;)
I am planning to exchange VTSAX to VLCAX on Monday. Other funds I own:
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HSA: VIIIX, VSMAX
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IRA (Trad., Roth): FZROX
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401k: VINIX, VEXAX
Last dividends received by VTSAX on 9/27.
My plan is to stay with VLCAX indefinitely, possibly changing back to VTSAX if there are no or minor capital gains after 30 days, or if it drops further...
Do you see any issues with my plan?
Submitted October 27, 2018 at 04:07PM by user4847378942 https://ift.tt/2EM1knV
