Critical Thinking Required

Author: LBW Wealth Management

Welcome to Critical Thinking Required, hosted by LBW Wealth Management. Our goal is simple: we want to challenge you to think differently about finance and business. Join us, and start the journey today!
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Language: en-us

Genres: Business, Education, Investing

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Is Tax-Loss Harvesting Right For You?
Episode 36
Friday, 1 November, 2024

During this quarter of the year, one of the most popular questions is: I heard about tax-loss harvesting from my friends/CPA/family. Should I do it? Tax-loss harvesting is a strategy investors use to offset capital gains by intentionally selling investments in taxable accounts at a loss. While it may be useful for a complex taxable account, it doesn’t necessarily make sense for someone with smaller investable assets. It may even hurt the long-term performance if executed improperly. In this episode, Nathaniel discussed some misconceptions of this strategy, the pros, and the cons. Stay tuned.