Posted on Jan 14, 2023
Selling and Rebuying Stocks? Beware the Wash Sale Rule
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LTC Eugene Chu
..."How can I avoid a wash sale on an individual stock?
One way to avoid a wash sale on an individual stock, while still maintaining your exposure to the industry of the stock you sold at a loss, would be to consider substituting a mutual fund or an exchange-traded fund (ETF) that targets the same industry. ETFs can be particularly helpful in avoiding the wash-sale rule when selling a stock at a loss."
..."How can I avoid a wash sale on an individual stock?
One way to avoid a wash sale on an individual stock, while still maintaining your exposure to the industry of the stock you sold at a loss, would be to consider substituting a mutual fund or an exchange-traded fund (ETF) that targets the same industry. ETFs can be particularly helpful in avoiding the wash-sale rule when selling a stock at a loss."
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