Young professional, highest tax bracket. No retirement plans soon.
Planning to do some year end portfolio clean up and tax loss harvesting. No realized capital gains this year, plenty of unrealized losses below:
ARKG -36,660.00
ARKK -56,300.00
BB -16,170.00
BND -1,700.00
CLOV -2,690.00
MNMD -2,210.00
QYLD -22,510.00
RYLD -9,620.00
XYLD -6,550.00
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Majority of portfolio is in "safe positions", SCHD/VTI/VXUS/DGRO. Current plans before year end:
- Entirely harvest the garbage (CLOV, MNMD)
- Keep BND
- Wait for ARKK/ARKG/BB to recover a bit more next year hopefully, so loss isn't as painful. Or offload a portion this year?
- Entirely harvest QYLD/RYLD/XYLD, dividends paid out as ordinary income which I don't need.
Advice appreciated, what would people do with these positions?
Submitted December 05, 2022 at 01:28AM by wowoweewoo https://ift.tt/JfZo7AU
