former

AMA Wrote:
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> IMO, the main purpose is diversification rather
> than loss harvesting. Am I right ?

Yes, but generally there is not enough money to diversify quickly so you must tax loss harvest over a long period of time. If he already had the money to be diversified from the start the concentrated position would not exist.



Edited 1 time(s). Last edit at Saturday, May 21, 2011 at 10:14PM by Paraguay.