walkinwood
Thinks s/he gets paid by the post
Will the wash sale rule kick in if you sell & buy closely related, but not identical index funds?
Eg:
Sell the Large Cap Index and buy the S&P 500 or
Sell the Large Cap Index and buy the Value Index fund
I plan to roll my Windsor II at a loss into the Value Index fund. No issue there.
But I also have a paper loss in Large Cap Index and want to do something about it too. But if I sell it, I could run into trouble since I just bought the Value Index fund. Hence the above question.
Thanks for your input.
Eg:
Sell the Large Cap Index and buy the S&P 500 or
Sell the Large Cap Index and buy the Value Index fund
I plan to roll my Windsor II at a loss into the Value Index fund. No issue there.
But I also have a paper loss in Large Cap Index and want to do something about it too. But if I sell it, I could run into trouble since I just bought the Value Index fund. Hence the above question.
Thanks for your input.