Tax Loss ETF.

[noob_trad3r]

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..

 

[clerk]

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.

 

[newwurldmn]

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

 

[loufah]

How about UVXY?