12-17-2022, 09:07 AM
Tax Loss Harvesting if I believe in the companies
<!-- SC_OFF --><div class="md"><p>I made a few purchases at the beginning of 2022 (APL, MSFT, VOO, and GS), all of which are in the red. Except for one, I believe in these companies, and if I sold for the taxable benefit, I would likely rebuy them in the new year. I know a lot can happen in 60 days, and you can't predict the future, but is there a rule of thumb or general philosophy about the risk/reward? If I sold, I would invest in other companies I believe in. </p> <p>​</p> <p>As I type this, I think I have my answer, but still curious about everyone's thoughts.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Neuterme"> /u/Neuterme </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/znf6s5/tax_loss_harvesting_if_i_believe_in_the_companies/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/znf6s5/tax_loss_harvesting_if_i_believe_in_the_companies/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I made a few purchases at the beginning of 2022 (APL, MSFT, VOO, and GS), all of which are in the red. Except for one, I believe in these companies, and if I sold for the taxable benefit, I would likely rebuy them in the new year. I know a lot can happen in 60 days, and you can't predict the future, but is there a rule of thumb or general philosophy about the risk/reward? If I sold, I would invest in other companies I believe in. </p> <p>​</p> <p>As I type this, I think I have my answer, but still curious about everyone's thoughts.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Neuterme"> /u/Neuterme </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/znf6s5/tax_loss_harvesting_if_i_believe_in_the_companies/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/znf6s5/tax_loss_harvesting_if_i_believe_in_the_companies/">[comments]</a></span>