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What do you mean by this?

In my case I own 4 funds (now 3).
1) FOORD equity fund - does ok, costs a lot so I'd like to get rid of it.
2) STXIND - does very well, I'll keep this for a long long time.
3) GIVIND - does ok, but I think it's currently too heavy into MTN, and I'd prefer to put that money somewhere else.
4) DIVTRX - still new but the index has done extremely well. It also pays a pretty good dividend and is well diversified.

So I'd like to get rid of as much of 1) and 3) and put it into 4. Problem is, if you sell I need to pay a lot of capital gains tax. But now, the whole market is cheap, so for example if I sell GIVIND for a 10% loss, I can also buy DIVTRX at a 10% discount, so in effect there's no loss, just a re-balancing. But to SARS there is a loss, so I can take the amount of that loss, and sell some of my FOORD, and even though I make a profit, it's cancelled out by the GIVIND loss and I won't pay tax on it.

I don't think I've ever seen the fear and greed this low before:

The roles of the "model" and the "doctor" are irrelevant to explaining compound interest.  I would have preferred if you used two siblings having the same career.

You have ignored the higher earning potential of the doctor and the implied higher savings rate.

Quite right, they could have been in the same profession, I just looked for an example of a career that fizzles out early, and one that starts up late. As to the extra earning potential of the doctor, I would imagine Kate Moss might disagree

NYSE Will Suspend Stock Trading If S&P 500 Index Plunges 7% http://www.bloomberg.com/news/articles/2015-08-24/nyse-will-suspend-stock-trading-if-s-p-500-index-plunges-7-

@jaDEB and don't forget the rand breaking all the records on the wrong side!

Keep buying and eventually your cheddar stack will resemble the Shanghai Tower

Hey Sebulba, it's not your sale that cause the issue, but the purchase that is missing. That's why it looks like you've made too much profit. I'll have to figure out what your purchase price was. Do you remember by any chance? Else I'll back calculate.