Tax-Loss Harvesting Opportunities Amid Strong US Market Performance
Due to the U.S. market's 25%+ year-to-date gain through mid-December 2024, investors with taxable accounts can use tax-loss harvesting in underperforming sectors like long-term bonds and various individual stocks to offset capital gains, potentially saving on taxes, and optimize their portfolios.
Tax-Loss Harvesting Opportunities Amid Strong US Market Performance
Due to the U.S. market's 25%+ year-to-date gain through mid-December 2024, investors with taxable accounts can use tax-loss harvesting in underperforming sectors like long-term bonds and various individual stocks to offset capital gains, potentially saving on taxes, and optimize their portfolios.
Progress
32% Bias Score
Year-End Tax Planning: Using Losses to Offset Gains
High stock market returns are prompting some investors to sell, raising capital gains tax concerns; however, tax-loss harvesting offers a viable strategy to reduce tax burdens, necessitating professional financial and tax advice.
Year-End Tax Planning: Using Losses to Offset Gains
High stock market returns are prompting some investors to sell, raising capital gains tax concerns; however, tax-loss harvesting offers a viable strategy to reduce tax burdens, necessitating professional financial and tax advice.
Progress
44% Bias Score