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Old 12-28-2014, 11:44 PM   #9
barn32
tmrpots
 
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Join Date: Jun 2008
Posts: 2,285
Quote:
Originally Posted by badcompany
http://www.sec.gov/answers/wash.htm

Wash Sales

Buy substantially identical stock or securities,

Acquire substantially identical stock or securities in a fully taxable trade, or

Acquire a contract or option to buy substantially identical stock or securities.
By substantially identical, would that be on the order of selling AAPL for a loss, but immediately buying MSFT or some similar tech stock?
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