In an earlier post, I discussed the potential drawbacks of the annual investor rite of passage know as Tax Loss Harvesting. I am sure many people would politely disagree with such thinking. That same group of people would thus surely think I have completely lost my mind when I suggest the next topic: The idea […]
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A Second Opinion on Tax Loss Harvesting
General investment wisdom holds that the fourth quarter is the time to start looking at realizing investment losses, so as to offset realized gains in an effort to lower the current year tax burden. The problem with this practice is that it is possible to actually increase your long term tax burden by engaging in […]