What I learned from losing everything in 2008
Good post. If someone’s equity compensation is now down 70%, would you recommend them jumping ship to another company?
70% would be really tough! That is the difference between $300k and $90k. I would definitely be exploring options at that level while also factoring in job stability.
Thanks Andre for the post. qq: can we do tax loss harvesting by selling FXAIX and buying VTI within 30 days?
Based on everything I have read you can do that. There are enough differences where it’s fine.
VTI to VTSAX wouldn’t work though. Since they are the same underlying holdings. But if you get into trickier situations I’ll defer to an accountant.
Good post. If someone’s equity compensation is now down 70%, would you recommend them jumping ship to another company?
70% would be really tough! That is the difference between $300k and $90k. I would definitely be exploring options at that level while also factoring in job stability.
Thanks Andre for the post. qq: can we do tax loss harvesting by selling FXAIX and buying VTI within 30 days?
Based on everything I have read you can do that. There are enough differences where it’s fine.
VTI to VTSAX wouldn’t work though. Since they are the same underlying holdings. But if you get into trickier situations I’ll defer to an accountant.