8Mon·

Depot update 🚧 - Streamline & redirect to the core

Today I have eliminated four mini-positions and invested the proceeds in the global core.

Sales

- $DHR (-2.77%) (-22 % compared to EP → loss pot)

- $MOWI (+0.03%)

- $DGE (-1.51%) (-28 % compared to EP → loss pot)

- $MCD (-2.85%) (residual position)

Purchases

- $VWRL (+0.02%) 10 pcs (Core)

- $FAST (-0.8%) 5 pcs (small satellite - thesis: fast charging networks growth, high volatility accepted)

Why this?

Sizes <1% disrupt rebalancing, bring little diversification benefit.
Loss realization today lowers future tax burden on equity gains.
More in the core increases predictability

4 Comments

Leo@MCKrummel-Divi-Holding

8Mon

Remember that many brokers now offset the loss pots directly or per quarter and you receive a credit.

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monto_korto@monto_korto

8Mon

@MCKrummel-Divi-Holding
Thanks for the tip, I didn't have that on my screen.

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yieldhunter@randomdude

8Mon

@MCKrummel-Divi-Holding How exactly does this work and which brokers are affected?

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Leo@MCKrummel-Divi-Holding

8Mon

@randomdude you get a tax equalization, so to speak, because you have made a loss. Brokers like Consorsbank seem to do it per quarter, TR felt as soon as you have sold something at a loss. Google retrospective loss offsetting.

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