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Tax Loss Harvesting
Benjamin Graham: We were talking before we started recording about how like we're glad to be in the market on a day like today. You miss that best day or whatever and you completely blow up your return, but I think this is one of those days. Even the Dow is up 3.5. It's a TSX is up 3-5. A lot of names are up a lot more than that. Yup. Same thing for fixed income. Absolutely. All right. Tax loss harvesting. Yeah. The idea is that at a lower net worth, the investor is more likely to need to liquidate more of their portfolio for consumption,. whereas an ultra high net worth investor