Author Topic: Selling index fund (VTSAX) in taxable account  (Read 189 times)

Pebbles555

  • Newbie
  • *
  • Posts: 13
    • View Profile
Selling index fund (VTSAX) in taxable account
« on: August 06, 2020, 04:10:38 AM »
I have a question, i am planning to sell some shares of vtsax from my taxable account and will gain profit after selling. If i will sell the VTSAX, is that mean i cannot buy the same index fund on the following day??? Do you sell some of your index fund if you profit from it or just leave it and wait until you are ready to do the rebalance of the asset??? Just need some thought. This is the first time i am trying to sell the index fund. Thank you...

gocurrycracker

  • Administrator
  • Sr. Member
  • *****
  • Posts: 297
  • I live here.
    • View Profile
    • Retire Early. Travel the World.
Re: Selling index fund (VTSAX) in taxable account
« Reply #1 on: August 09, 2020, 06:01:19 PM »
There are no legal restrictions. You can sell or buy as you wish.

I do this annually as part of capital gain harvesting.

Vanguard may restrict frequent trades of Mutual funds, but it doesn't have anything to do with selling for a profit