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noob_trad3r
 

Registered: Nov 2008
Posts: 1733

 

08-15-12 02:23 PM

Would such a thing make sense.

An ETF that buys crappy companies so that you can buy the ETF and sell it for tax loss purposes?

It would have companies like Groupon,ANGI,FB etc..

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clerk
 

Registered: Mar 2011
Posts: 36

 

08-16-12 07:21 PM

Most tax planning customers want non-PAL ordinary losses. That has real economic value for taxpayers.
An ETF that loses money will generate capital losses, which are generally worthless.

That said, a strategy to lose money is no easier to execute that a strategy to make money. I imagine it takes the same insight to identify losers as it does to identify winners, and the success rate will be about the same.

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newwurldmn
 

Registered: Apr 2011
Posts: 2617

 

08-16-12 11:58 PM

Tax loss doesn't help if the losses are real. You need fake losses. Otherwise you are just churning.

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loufah
 

Registered: Nov 2001
Posts: 1129

 

09-23-12 11:29 PM

How about UVXY?

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