Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Step up in basis in Mutual funds selling and buying same fund?
Old 09-09-2023, 09:25 PM   #1
Recycles dryer sheets
Brook2's Avatar
Join Date: Feb 2023
Location: San Francisco
Posts: 86
Step up in basis in Mutual funds selling and buying same fund?

I recall (but can't find it now) an investment strategy for stepping up your basis in mutual funds by selling ones with large unrealized gains, and rebuying them again the next day to step up your basis. There was a certain condition where there was an advantage of doing this, but now I can't remember what it was. It seems a little nutty, but at the time it made sense. This strategy also had a technical name which I also can't recall.
If you are gentle when you speak, you can say almost anything. - T. White
Brook2 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-09-2023, 09:46 PM   #2
Thinks s/he gets paid by the post
Join Date: Jul 2011
Location: Reading, MA
Posts: 1,497
Tax Gain Harvesting.
You do it if/when you're in the zero-percent capital gains tax bracket, if ever...
TheWizard is offline   Reply With Quote
Old 09-09-2023, 11:05 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 36,788
Originally Posted by TheWizard View Post
Tax Gain Harvesting.
You do it if/when you're in the zero-percent capital gains tax bracket, if ever...

Take advantage of cases where you won’t owe cap gains taxes.
Retired since summer 1999.
audreyh1 is online now   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Buying an equity mutual fund in taxable account re cost basis Graybeard FIRE and Money 27 02-27-2023 11:35 PM
60% Total Stock Fund and 40% Total Bond Fund or Balanced Mutual Fund? Digital Nomad FIRE and Money 48 10-27-2021 04:48 PM
Funds with Step Up Basis on inheritance ?? rkser FIRE and Money 12 10-30-2020 12:39 PM
Mutual Fund cost basis when selling walkinwood FIRE and Money 5 10-31-2007 01:59 PM
Selling of Funds and Cost Basis RASAP FIRE and Money 10 02-09-2007 02:55 PM

» Quick Links

All times are GMT -6. The time now is 05:48 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.