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If you have an ETF that has gone down in value, what would you do if you wanted to benefit from the loss yet still
If you have an ETF that has gone down in value, what would you do if you wanted to benefit from the loss yet still maintain exposure to the investment?
MULTIPLE CHOICE!!!!!
A. If the ETF has gone down in value, sell it back to the brokerage firm for the initial cost.
B. Do a tax-loss swap by selling the ETF and buying another one the tracks a similar index.
C. Sell it to recognize the tax loss and wait 30 minutes and then buy it back.
D. Sell the ETF and put the proceeds into an inverse fund that tracks the same index.
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