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0 pointsdragontamer9y ago0 comments

Yeah. If you have $50,000 in gains but $53000 in losses, then that's called a bad year.

You still aren't getting around the fact that you made a crappy investment somewhere to generate that loss.

0 comments

Every portfolio has a mix of gains and losses if it's well diversified. I have gains that offset the losses elsewhere, but a reasonable chunk of those gains is offset by losses realized in parts of the portfolio that didn't do so well.

If you have a diversified portfolio that is all gains, I think you're probably not actually diversified.

dragontamerOP9y ago

Vanguard total market.

Diversified, but generally speaking it gains every year.

And no. Your portfolio is not as diverse as the entire market. Period.

sulam9y ago

Of course it isn't. But which market?

Anyway, we are talking past each other.

mrkurt9y ago

That's not really how tax loss harvesting works. You can have a portfolio that's up a total of $50k and _still_ have $50k in losses.

j / k navigate · click thread line to collapse

0 pointsdragontamer9y ago0 comments

Yeah. If you have $50,000 in gains but $53000 in losses, then that's called a bad year.

You still aren't getting around the fact that you made a crappy investment somewhere to generate that loss.

0 comments

sulam9y ago

If you have a diversified portfolio that is all gains, I think you're probably not actually diversified.

dragontamerOP9y ago

Vanguard total market.

Diversified, but generally speaking it gains every year.

And no. Your portfolio is not as diverse as the entire market. Period.

sulam9y ago

Of course it isn't. But which market?

Anyway, we are talking past each other.

mrkurt9y ago

That's not really how tax loss harvesting works. You can have a portfolio that's up a total of $50k and _still_ have $50k in losses.

j / k navigate · click thread line to collapse