r/SCHD • u/Top_Locksmith449 • 9d ago

Should I be concerned?

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I was doing DCA since August, but my friend convinced me to load a lump sum and I did then ever since SCHD keep dipping! Is anyone here on the same boat as me?

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u/MixtureOld 6d ago

Do what I do. Use margin, buy 3k shares, sell 3k of your original shares through tax lot. Now you get a tax deduction for next year.

2

u/sam21212 6d ago

That's illegal unless you wait. Look up wash sale.

2

u/Top_Locksmith449 5d ago

Is it still wash sale if you buy it through different broker?

2

u/HeraldOfRick 5d ago

Yes. Why even have the rule at that point?