TLH question

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Topic Author
crazyapple11
Posts: 99
Joined: Thu Jun 05, 2014 10:40 am

TLH question

Post by crazyapple11 »

Hi, I try to do Tax Loss Harvesting and I wondered whether I can sell Fidelity ® Select Software and IT Services and then buy QQQ? I believe they are not "substantially identical" investment. Any input are greatly appreciated? Thank you!
livesoft
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Re: TLH question

Post by livesoft »

Yes, you can do that.
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Topic Author
crazyapple11
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Joined: Thu Jun 05, 2014 10:40 am

Re: TLH question

Post by crazyapple11 »

livesoft wrote: Thu May 12, 2022 10:27 am Yes, you can do that.
Thank you so much! Can I also ask whether FSCSX and VUG are "substantially identical" investments? :D
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Duckie
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Re: TLH question

Post by Duckie »

crazyapple11 wrote: Thu May 12, 2022 10:33 am Can I also ask whether FSCSX and VUG are "substantially identical" investments?
They are NOT substantially identical. They are not even similar.
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anon_investor
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Re: TLH question

Post by anon_investor »

VGT and XLK are also good tech ETFs to use as TLH partners.
Topic Author
crazyapple11
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Joined: Thu Jun 05, 2014 10:40 am

Re: TLH question

Post by crazyapple11 »

Thank you for all your help! I just realized that I posted the wrong symbol. :oops: I meant to say Vanguard Information Technology Index Fund Admiral Shares (VITAX).

Are FSCSX and VITAX "Substantially identical" securities? Thanks a ton!
student
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Re: TLH question

Post by student »

Duckie wrote: Thu May 12, 2022 5:06 pm
crazyapple11 wrote: Thu May 12, 2022 10:33 am Can I also ask whether FSCSX and VUG are "substantially identical" investments?
They are NOT substantially identical. They are not even similar.
The response is so funny.
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anon_investor
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Re: TLH question

Post by anon_investor »

crazyapple11 wrote: Thu May 12, 2022 8:57 pm Thank you for all your help! I just realized that I posted the wrong symbol. :oops: I meant to say Vanguard Information Technology Index Fund Admiral Shares (VITAX).

Are FSCSX and VITAX "Substantially identical" securities? Thanks a ton!
Not even closely related.

FSCSX has no Apple:
https://fundresearch.fidelity.com/mutua ... /316390822

VITAX has over 20% Apple:
https://investor.vanguard.com/mutual-fu ... d-holdings
Topic Author
crazyapple11
Posts: 99
Joined: Thu Jun 05, 2014 10:40 am

Re: TLH question

Post by crazyapple11 »

anon_investor wrote: Thu May 12, 2022 10:00 pm
crazyapple11 wrote: Thu May 12, 2022 8:57 pm Thank you for all your help! I just realized that I posted the wrong symbol. :oops: I meant to say Vanguard Information Technology Index Fund Admiral Shares (VITAX).

Are FSCSX and VITAX "Substantially identical" securities? Thanks a ton!
Not even closely related.

FSCSX has no Apple:
https://fundresearch.fidelity.com/mutua ... /316390822

VITAX has over 20% Apple:
https://investor.vanguard.com/mutual-fu ... d-holdings
Thanks a million!
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