Animorph,
Thanks for your reply about the OP. I didn't understand this part:
I saw something like this on another forum post about a wash sale a while back and didn't understand it then either.
I thought buying down was just averaging the total cost of all shares down so you had a lower break even price. I'm not a math person so please keep it very simple. Thanks for satisfying my curiosity on this method as I have wondered about it for a long time.
Thanks for your reply about the OP. I didn't understand this part:
How do you sell "the more expensive shares" and keep the cheaper shares? How would I do this online at Vanguard?Sell those more expensive shares when the share price reaches the price you bought those more expensive shares at. Replace them in your AA portfolio with the lower cost shares you purchased during the price drop.
I saw something like this on another forum post about a wash sale a while back and didn't understand it then either.
I thought buying down was just averaging the total cost of all shares down so you had a lower break even price. I'm not a math person so please keep it very simple. Thanks for satisfying my curiosity on this method as I have wondered about it for a long time.
Last edited: