Open Question
Stockpickrs,
I have a wash sale question. How similar does the company have to be to count?
For example, if you sold POT for a loss and bought MOS a week or so later I'm
guessing that you can't write off the loss. But what if you bought MON? In
other words, how similar do the companies have to be?
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Wash sale rule would apply strictly to stock of same company. Like kind or
similar
'anything' would not apply nor be considered.
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Agree if you sell POT, you can buy MOS or MON a week later. I am waiting to buy
MOS and POT on a dip.
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Same stock, not sector.
http://www.investopedia.com/terms/w/washsalerule.asp
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I believe it has to be the same company.
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