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WCI #309: Taxes

White Coat Investor Podcast

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How to Avoid Tax Loss Harvesting in a Bear Market

I do my own tax loss harvesting even in a big nasty bear market. I try not to do it anymore often than every couple of months because what happens is you end up turning your qualified dividends into non-qualified dividends. It doesn't need to be done every day. Maybe you can get a few more losses out of it. But good luck with getting the house and sorting this out. All right, a quote of the day today comes from famous actively managed mutual fund manager Peter Lynch: You've got to understand what stocks do.

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