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#130 - Financial Planning (with Logan Jackson)

CISO Tradecraft®

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How to Use Tax Loss Harvesting to Avoid Tax Losses

There's a strategy called tax loss harvesting and it's a strategy that many people have probably heard of. You can't really do this as much, but not as much with ETFs and mutual funds. It'll give you a good example: At the end of 2021, if you look at the S&P 500, about half of the companies were down in value approximately,. But the index as a whole was up over 20%. This is really an individual choice for everyone.

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