By: Cameron
Can you do this with an individual stock? And if Yes what would constitude similar in this case do you thing? The sector the stock is in?
View ArticleBy: jim
Yes you could and the wash rule would only apply to the company. If you sold shares of Bank of America (BAC) you couldn’t buy shares within 30 days, but you could buy shares of Wells Fargo (WFC). The...
View ArticleBy: Miss M
It looks like this only works for no load mutual funds or maybe if you use Zecco, in the scenario you show the difference is only $20. Commissions or trade costs would quickly eat through that.
View ArticleBy: jim
That was just the example, you can have fees and such, they are just deducted as they normally are.
View ArticleBy: Rich
Looks to me like the annual (usually in December) mutual fund capital gains distribution could be regarded as a purchase and result in a wash sale if it occurs within 30 days of a mutual fund sale made...
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