Comment on Tax loss harvesting

Uday Konkankar commented on 16 Aug 2016, 03:28 PM

One negative side of tax harvesting is that, after realizing the loss should the share price rise, buying at the higher price may negate whatever tax saving we gain on the realized losses. If the share price continues to rise in the long term and would not be somewhere near the selling price, then the trader will not have an opportunity to benefit from tax harvesting.

Is it possible to sell and buy at the same instance, so that the share price fluctuation is overcome?

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