It's been a year with my mutual fund. Pic related is its

>if I pull it, I have to pay taxes on it as income.
I don't think you know how taxes work.

>>1138311

Interesting it looks like your mutual fund tanked right around the time ETH exploded. Coincidence?

>.7 expense ratio
Also you write it as loss

Just hold you faggot

>>1138311
>mfw you pay managers a premium to lose your money for you

Mutual funds are meant to be held for the long run OP.

>>1138319
Yeah.. He'd actually get to claim it against his taxable income as a loss

File: 1454003371725.jpg (51KB, 764x564px) Image search: [Google]

51KB, 764x564px

more like capital depreciation fund
that's what you get for buying trash

Looks like some delicious capital losses to harvest.

>>1138311

Tax loss harvesting is the practice of selling a security that has experienced a loss. By realizing, or "harvesting" a loss, investors are able to offset taxes on both gains and income. The sold security is replaced by a similar one, maintaining the optimal asset allocation and expected returns.

>>1138760

dafuq is AUM and mm fees?

>>1138831
>>1138865
Which are limited to $3,000 per year until the loss is used up.

You lost $3,000 actual dollars. And the taxes it saves you is only the equivalent of your effective tax rate. Even if you're in the 25% tax bracket, you lost $3,000 to save $750 on your tax return (if you generated a tax liability).

But >>1138690 is right. Mutual funds are meant to be held for the long run.