I’m working on rebalancing my portfolio. In my portfolio I currently have IAU. I was thinking of switching to IAUM due to the cheaper expense ratio and because im not really a day trader IAU doesn’t seem to be the best for me to hold.
If I sold IAU at a slight profit and bought IAUM would this be considered a wash sale? I had a wash sale with a different ETF this year and I was still new with investing and didn’t know that this was a thing.
There’s many rules that I didn’t know/learn about before I switched from a beginner platform.