Q: Good morning,
My holding of XLF is down quite a bit and although I[m still positive on the US Financial sector in the long term, I'm thinking of selling XLF in my US Non registered account to harvest some capital losses for the 2022 tax year. I would appreciate your thoughts on the following two questions:
Q1. What are your thoughts on the US Financial sector for the next few years;
Q2. Would you kindly recommend a suitable proxy for my XLF holding that I could purchase on the US stock exchange.
Thank you and I'll await your sage advice.
My holding of XLF is down quite a bit and although I[m still positive on the US Financial sector in the long term, I'm thinking of selling XLF in my US Non registered account to harvest some capital losses for the 2022 tax year. I would appreciate your thoughts on the following two questions:
Q1. What are your thoughts on the US Financial sector for the next few years;
Q2. Would you kindly recommend a suitable proxy for my XLF holding that I could purchase on the US stock exchange.
Thank you and I'll await your sage advice.