When thinking about future TLH opportunities, does it make sense to have multiple asset classes in my taxable account so that I can TLH from whichever asset class is performing poorly? Or better to keep things simple with only one or two asset classes?
For example, if I currently have only VTI in my taxable account, and in my Roth IRA and 403b I have VXUS (total int'l index), VBR (US small cap value) and VSS (int'l small cap), and if it turns out that the international or small/value market falls, I don’t have an opportunity to capture that loss. If I had all asset classes in taxable, I could capture the full loss but it would make things more complicated as my Roth IRA and 403b would need to have different holdings to avoid a potential wash sale (since the 403b gets automatic contributions with each paycheck and never goes 30 days without an investment). Is that worth the added complication to have that broader TLH capability?
For example, if I currently have only VTI in my taxable account, and in my Roth IRA and 403b I have VXUS (total int'l index), VBR (US small cap value) and VSS (int'l small cap), and if it turns out that the international or small/value market falls, I don’t have an opportunity to capture that loss. If I had all asset classes in taxable, I could capture the full loss but it would make things more complicated as my Roth IRA and 403b would need to have different holdings to avoid a potential wash sale (since the 403b gets automatic contributions with each paycheck and never goes 30 days without an investment). Is that worth the added complication to have that broader TLH capability?
Statistics: Posted by jt2131 — Sun Jul 28, 2024 12:47 pm — Replies 0 — Views 8