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pancak3d t1_j2aoeg5 wrote

Reply to comment by avalpert in Downsides to tax loss harvesting? by RealAustinNative

Yes if the original investment rapidly recovers to the point it has no losses and you couldn't TLH in the next year, and all your other investments also have no losses to harvest, and you dont have significant capital gains, you'll be in a position where you missed the chance to offset some taxes on 3k or less ordinary income. That risk doesn't bother me lol

This sub is largely about simplifying financial choices, so my advice tends to revolve around simplicity

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avalpert t1_j2aop93 wrote

Well yes, it is quite clear you aren't in it for financial optimization so I have no doubt that not doing so doesn't bother you.

Though why that lack of interest in financial optimization on your own end would drive you to suggest others actively avoid doing so is beyond me.

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