Re:Launch HN: Enombic (YC S20) – Create your own stock indexes
by mkrishnan on Thursday February 25, 2021 @03:03PM
(#26267520)
so re-balancing IS a taxable event right?
[ Parent
| on HN ]
Re:Launch HN: Enombic (YC S20) – Create your own stock indexes
by eximius on Thursday February 25, 2021 @03:07PM
(#26267582)
It CAN be. It depends how you rebalance.
If your target is 50/50 and one stock goes up, you can either sell that stock or buy more of the other one. Only one of those models is a taxable event.