Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

So in my cost basis a "Wash sale adjustment" is normal, right? It's on NRGU, sold at loss and bought lower, I assume (what a trip that was....) (..or higher, I'm not smart). So that's just TD's smartness recognizing it and adjusting my loss/gain for me automagically, right? If so, cool! Is that standard on all trading platforms?

SEE. I mean, careful now. BUT, SEE! From a selfish investing standpoint, YEAH! my gut made sense, but here I am, let's invest in mining! yeee! CSCO I guess, but still. I've made better decisions. Might buy AAPL after the split.

Edit: I do have AAPL exposure via VTI at least in my boring account.

 

Anyone else using Schwab having trouble loading stocks? Or did my work just block my access? Lol

 

NVDA Sept 4 $510 trailing stop just hit. That was a quick 15% profit.

 

I haven't seen the "wash sale" terminology show up until statement time. It is associating a value with it?
The only thing I understand a wash sale to do is affect gains and losses for tax purposes. You can't take a loss when a wash sale occurs.

 

Yes it's showing up with a value, it all checks out and makes sense, was just curious. Positive adjusted gain value, so it's TD recognizing "You dummy....Here's your adjusted gain because you aren't sneaking that past us!" (I mean....probably less aggressive but you get the idea). The "Amount" column or whatever it is, is showing [50] so a "reference" number for the number of shares.

I know if I cross platforms wash sale will be screwy. I'm not super worried right now though, but once I get into self managing everything instead of Betterment doing it, then I'll have to pay attention to that.

 

Anyone own TAP? They’ve been on a decline for 5 years, but I know they aren’t going anywhere. Looks like they went parabolic in ‘16 and maybe now settling?

 

You use to be able to do this legally...Sell, take a loss, buy back in...


Anyone in ZOM it's down because they are talking 1:10 reverse split...people don't like that. I'm long...so go ahead and kick me in the balls...

 

There you go Ford...rev that engine!

 

Here’s comes the NRGU wave for y’all. Hold till the hurricanes are over and sell

 

YUP. There too. 200 shares. Wouldn't be the end of the world.

SUM BITCH.

 

AAPL has moved down 3.5% this morning since open

 

Not in this market!

 

the move in oil due to the tropical storms may be why natgas is going up as well.. not sure

 

yeah I have a good bit spread across mid and small cap indices as well.. can't stomach my large cap index having 20% of holdings or more in FAANG

 

That's why I invest the way I do. Do you sell AAPL at $250? $300? $500? Or wait for $800?! Eventually it will come back, probably to $250-$300 if I had to guess. That would be fair and most actual investors would still be up.

 

Still holding MITI? I threw $100 at it for funsies, maybe it’ll turn into $10,000?

 

Hey going back to wash sale - does anyone have an individual/taxable and a Roth IRA with TD Ameritrade? My curiosity: Does TD handle wash sale between the accounts automagically?

If you sell shares in your taxable account and buy substantially identical shares in your IRA within 30 days, the wash sale rule applies. It also applies if you sell shares in your taxable account and buy within 30 days financial instruments that can convert into the sold shares
https://finance.zacks.com/ira-rules... sell shares in,convert into the sold shares.