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Author: sujeong1 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74759  
Subject: Any tax break on IRA loss? Date: 2/17/2000 11:45 PM
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Hi,
I opened an IRA account at Windsor II, Vanguard, and have lost 30%+++. Although I am 36 years old and have time to wait, I am getting discouraged.
If I roll this directly over now to either another Vanguard fund or another family fund, can I write off the loss on my income tax now or in the future?

I heard an advise that said we should not be sticking with such underperforming mutual funds in this bullish market. Do you think I should jump ship? There are much more promising funds.

Thank you in advance for your help.
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