
Loss Harvesting: Why Wealthy People Love It (And You Should Too!)
Money Guy Show
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Investing Your Portfolio Tax-Free - Is There Any Downsides?
A lot of people don't realize that, well, I don't want to harvest any more loss. Remember, bull markets last for a long time. And you can have a down year where man, it feels painful, but the next year is pretty good and you can use those losses. The next, it's not uncommon to be able to harvest losses in one year. They can offset triggered gains for the next number of years. You're basically getting to invest your portfolio tax-free, which is a super, super awesome thing to be ableto do.
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