TLH question from a novice [Tax Loss Harvesting]

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KStef
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TLH question from a novice [Tax Loss Harvesting]

Post by KStef »

So, I'm about to try TLH for the first time and I'd like to confirm that I'm doing it right. I'm 31 and started investing in 2015.

I purchased VTSAX in my taxable account for 31K in 9/2018 which has now lost about 6K. Can I exchange it completely for VLCAX? Are there any downsides to this? I also plan to purchase 17K of VTIAX in the taxable account to balance my asset allocation. My other assets in nontaxable accounts include VINIX, VBMFX, FUSVX, VSIAX, VFIAX and VEMAX. I don't think any of these will trigger a wash sale with TLH. Is my plan sound? Many thanks in advance.
livesoft
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Re: TLH question from a novice

Post by livesoft »

Sounds sound to me.
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Topic Author
KStef
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Re: TLH question from a novice

Post by KStef »

Thank you
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LadyGeek
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Re: TLH question from a novice [Tax Loss Harvesting]

Post by LadyGeek »

This thread is now in the Personal Finance (Not Investing) forum (taxes). I retitled the thread to help with the acronym.
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PhysicianOnFIRE
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Re: TLH question from a novice [Tax Loss Harvesting]

Post by PhysicianOnFIRE »

Yes. You are wise to use VLCAX as I see two S&P 500 Funds held elsewhere.

Happy Harvesting! :beer
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KStef
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Re: TLH question from a novice [Tax Loss Harvesting]

Post by KStef »

Thanks PoF. I used your step-wise guide to TLH :)
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