LOL!
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 25, 2005
- Messages
- 10,252
If it is a Roth IRA or even a traditional IRA, I don't have to worry about taxes. Even in my taxable account I have a few hundred thousand of carryover losses, so I won't be paying capital gains taxes for years and years.
The main issue is that yesterday, I used a taxable account to buy shares. If I sold those exact shares today, then I could not use the money right away because of free-riding issues. However, by selling equivalent shares in an IRA, that money is available right away for another purchase.
The main issue is that yesterday, I used a taxable account to buy shares. If I sold those exact shares today, then I could not use the money right away because of free-riding issues. However, by selling equivalent shares in an IRA, that money is available right away for another purchase.
Last edited: