the short answer is no. If for example start with USD 50,000 , earn 1,000 of USD interest/dividends, dispose of USD 25,000 to purchase some stock. Only 1/25th of a loss could be 'superficial'. (or 2/25ths if you count the 30 days following....) Too small for anyone to bother with.
How often to adjust ACB on USD holdings
Re: How often to adjust ACB on USD holdings
Re: How often to adjust ACB on USD holdings
Say your US$ cash is earning 1.2% (a pretty good rate, nowadays) - that's 0.1% per month. For US$50k in cash, that's $50 monthly interest.DavidR wrote: ↑17 Jan 2018 10:17the short answer is no. If for example start with USD 50,000 , earn 1,000 of USD interest/dividends, dispose of USD 25,000 to purchase some stock. Only 1/25th of a loss could be 'superficial'. (or 2/25ths if you count the 30 days following....) Too small for anyone to bother with.
Only 2/1000th of a loss could be superficial, that's really inconsequential.
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“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]