Interested in opinions on tax loss harvesting Vanguard High Yield Tax Exempt from my portfolio.
Have about 10k in long term losses in my taxable account. Will have much more than 10k of taxable dividend income every year.
What would Bogleheads do? Sell the entire position? Sell 3k each year to offset dividend income?
This position is about 3% of my total portfolio. VWALX had a historical low price of $9.70 last October. Current price is $10.86.
On one hand I hate to lock in 10k of losses when the price will recover, but also think now may a good time to wash my hands of this and move on with my life.
There is probably no wrong answer, other than hold on for dear life indefinately!
Have about 10k in long term losses in my taxable account. Will have much more than 10k of taxable dividend income every year.
What would Bogleheads do? Sell the entire position? Sell 3k each year to offset dividend income?
This position is about 3% of my total portfolio. VWALX had a historical low price of $9.70 last October. Current price is $10.86.
On one hand I hate to lock in 10k of losses when the price will recover, but also think now may a good time to wash my hands of this and move on with my life.
There is probably no wrong answer, other than hold on for dear life indefinately!
Statistics: Posted by StevieG72 — Fri Dec 20, 2024 9:17 am — Replies 4 — Views 140