Excess Returns  cover image

Bridging Academic Research and Real World Investing with Vanguard's Kevin Khang

Excess Returns

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The Benefits of Tax Loss Harvesting

We found you in a Wall Street Journal article about your paper, tax loss harvesting of portfolio and wealth planning perspective. The idea is to simply put it, if the life gives you a lemon, then just make a lemon. So for me, the best example is S&P 500, broad-based US equity index. As it goes up, certainly inevitably there are periods where it's actually underperforming.

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