Yet another almost-clueless question:
In March I did some capital loss harvesting to simplify my holdings at Vanguard. I still have about $14,400 in realized capital loss from March, so I now want to sell my VTV position (about $13,300 in long term cap gains) to continue re-balancing/simplifying.
I'm a bit unsure about the timing of the sale. The VTV declaration date is 12/22, the ex-dividend date is 12/24, the record date is 12/28, and the payable date is 12/30.
So, if I understand this: I should wait until 12/29 to sell the VTV in order to get the dividend (to be an "owner" on the record date)? And then, selling on 12/29 I will have nicely "used up" most of my March realized losses -- with some realized loss still available to offset December cap gains in my other holdings?
And, though I will sell on 12/29, it really doesn't matter if I quickly buy my new bond holding on 12/30, or wait until early January?
Thanks in advance for the coaching, as usual!
In March I did some capital loss harvesting to simplify my holdings at Vanguard. I still have about $14,400 in realized capital loss from March, so I now want to sell my VTV position (about $13,300 in long term cap gains) to continue re-balancing/simplifying.
I'm a bit unsure about the timing of the sale. The VTV declaration date is 12/22, the ex-dividend date is 12/24, the record date is 12/28, and the payable date is 12/30.
So, if I understand this: I should wait until 12/29 to sell the VTV in order to get the dividend (to be an "owner" on the record date)? And then, selling on 12/29 I will have nicely "used up" most of my March realized losses -- with some realized loss still available to offset December cap gains in my other holdings?
And, though I will sell on 12/29, it really doesn't matter if I quickly buy my new bond holding on 12/30, or wait until early January?
Thanks in advance for the coaching, as usual!