
Loss Harvesting: Why Wealthy People Love It (And You Should Too!)
Money Guy Show
00:00
How to Avoid the Wash Sale Rule in Tax Planning
This is not a timing strategy. This is a tool to help you take the volatility and actually harness the power of that for the benefit of your tax planning. You will run afoul of hurting yourself in the long term if you don't understand that concept. We were, I worry about the moral hazard or the behavioral hazard that somebody because this is going to be scary will sell and then go to cash and get into timing.
Transcript
Play full episode