
Is The Next Recession Around The Corner?! (How To Prepare)
Money Guy Show
00:00
What Is Tax Loss Harvesting?
Loss harvesting is simply the practice of selling a security that has a loss by realizing that loss investors may offset taxes on future gains and our income in the future. If they get the full amount, you don't pay income tax on that gain, but you get the full deduction off of its value. Be a financial mutiny and take advantage those things. But also this is a great time to rebalance. I as as as you start looking at asset classes on ones that are under performing over perform. And then the overall make up of your, of your total portfolios.
Play episode from 34:55
Transcript


