1755: The Cost of Working One More Year by Jeremy Jacobson of Go Curry Cracker on Early Retirement Decisions
Optimal Finance Daily - Financial Independence and Money Advice
00:00
Capital Gain Harvesting, Raising Basis in Our Portfolio
Capital gain harvesting does not have a profound compounding benefit, but their still significant value. A future ten thousand dollar stock sale resulting in a taxable gain of 75 hundred dollars could result in significantly higher taxes or expenses. We can minimize the potential of having one of these negative tax experiences in the future by harvesting gains early and often. I have already harvested 175 thousand over six years.
Play episode from 05:45
Transcript
