No. of Recommendations: 0
FIFO is advantageious if you hold the fund (or a stock with reinvested dividends) in a taxable account. The selling of first-in may give you long-term capital gains whereas last-in might be short-term capital gains and taxed like dividends.

Yes, I understand that rebalancing in an IRA doesn't matter for IRAs which is why I said that I would do it there.

In my experience, a fund will give you the whole shebang of your transactions if you ask for it, page after page after page. I am experienced in this.

brucedoe
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement