Here’s a quick recap from our recent Market Sense discussion on tax-loss harvesting: what it is, when to do it, and how it can potentially help you during periods of market volatility. ...

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Market Overview - Markets are showing signs of weakness due to tech stocks sliding off high valuations [1] - Investors anticipate the Fed's signal on rate cuts during their meeting in Jackson Hole [1] - Potential buy-the-dip opportunity may arise despite near-term weakness [1] Trading Strategy - An options trade in a tech giant poised for a potential pullback is shared [1] - Options trading entails significant risk and is not appropriate for all investors [1] - Certain complex options strategies carry additional risk [1] Resources and Engagement - Before trading options, please read Characteristics and Risks of Standardized Options [1] - Join the Friday's at 1:30 pm ET for more details on the weekly trade ideas [1] - Fidelity provides various online resources including YouTube, Reddit, Instagram, TikTok, Facebook, X (Twitter), LinkedIn, and Discord [1]

Event Overview - Fidelity is hosting a live discussion featuring market insights and product updates [1] - The event includes a special giveaway [1] Featured Personnel - Adam Ely, Head of Digital Products, will be participating [1] - Denise Chisolm, Director of Quantitative Market Strategy, will be participating [1] - Trey Jerrell, Director, Product Management, will be participating [1] - FidelityMichael, Reddit Community Manager, will be participating [1] - Rita Assaf, Vice President, Retirement Offerings, will be participating [1] Regulatory Information - Fidelity Brokerage Services LLC is a member of NYSE and SIPC [1] - The firm's address is 900 Salem Street, Smithfield, RI 02917 [1]

Market Overview - Strong earnings growth is observed [1] - Trade deals, tariffs, and inflation are key factors influencing the market [1] - The Jackson Hole central banking summit is a significant event [1] Tax-Loss Harvesting Strategies - Tax-loss harvesting is a year-round strategy to potentially lower tax bills [1] - Understanding rules for tax-loss harvesting & wash sales is crucial [1] - Short and long-term capital gains are relevant to tax strategies [1] - Tax-loss harvesting can be implemented in managed accounts [1] - Fidelity offers a DIY tax-loss harvesting tool [1] Fidelity Resources - Fidelity encourages users to explore its tax-loss harvesting tool [1] - Fidelity provides various platforms for engagement, including YouTube, Reddit, Instagram, TikTok, Facebook, LinkedIn, Discord, and X [1]

Investment Strategy - Fidelity suggests avoiding emotional investment decisions in turbulent markets [1] - The firm shares strategies to help investors stick to their plans during market volatility [1] - Fidelity addresses how to manage growth potential with protection in a portfolio [1] - The company provides advice on managing emotional strain when investing [1] Behavioral Finance - The report acknowledges that humans are hardwired to react to uncertainty in ways that may not be financially beneficial [1] - Down markets feel especially painful due to psychological factors [1] Resources and Engagement - Fidelity encourages viewers to ask questions in the comments section [1] - The company provides links to its website for insights and perspectives on the markets [1] - Fidelity promotes its various social media channels, including YouTube, Reddit, Instagram, TikTok, Facebook, LinkedIn, Discord, and X (formerly Twitter) [1]

Employee Benefits - Employee Stock Purchase Plans (ESPPs) are highlighted as a potentially valuable, yet often overlooked, workplace benefit [1] - ESPPs offer the opportunity to purchase company stock at a discounted price [1] Investment Opportunity - The potential for increased portfolio value through discounted company stock purchases is suggested [1] Keywords - The content is tagged with ESPP and benefits, indicating the subject matter [1]

Risk Disclosure - Options trading involves significant risk and may not be suitable for all investors [1] - Complex options strategies carry additional risk [1] - Investors should read "Characteristics and Risks of Standardized Options" before trading options [1] Regulatory Information - Fidelity Brokerage Services LLC is a member of NYSE and SIPC [1] - Fidelity Brokerage Services LLC's address is 900 Salem Street, Smithfield, RI 02917 [1] Documentation - Supporting documentation for any claims will be furnished upon request [1]

Market Overview & Strategy - The market breadth is improving overall [1] - Expectations are for interest rate cuts [1] - A trade idea is shared for a global financial services firm [1] - A recent trade for a data storage company is reviewed [1] Risk Disclosure & Compliance - Options trading entails significant risk and is not appropriate for all investors; certain complex options strategies carry additional risk [1] - Supporting documentation for any claims will be furnished upon request [1] - Fidelity Brokerage Services LLC is a Member of NYSE, SIPC [1] Resources & Engagement - Before trading options, please read Characteristics and Risks of Standardized Options [1] - Join weekly sessions for more details on trade ideas [1] - Sign up for more tips and insights from the team [1] - Follow Fidelity on various social media platforms including YouTube, Reddit, Instagram, TikTok, Facebook, LinkedIn, Discord, and X (formerly Twitter) [1]

Dollar-Cost Averaging (DCA) Definition and Mechanics - Dollar-cost averaging involves investing a fixed amount of money at regular intervals, regardless of market conditions [1] - This strategy promotes consistency in investing rather than focusing on specific investment choices [1] - It can be implemented manually or through automated recurring investments in stocks, ETFs, or mutual funds [3] Benefits of Dollar-Cost Averaging - DCA helps establish a consistent investing routine and a strong financial foundation [5] - It can potentially lower the average cost of investments by buying more shares when prices are low and fewer when prices are high [9][10] - DCA can help remove emotion from investing, promoting adherence to a plan and reducing the temptation to time the market [7][8] - Staying invested in the market for the long term is generally better than trying to time the market [8] Considerations and Potential Drawbacks - DCA does not guarantee profit or protect against loss in declining markets and requires continuous investment [7] - If a lump sum is available and the market rises, DCA may result in missing out on potential growth [10] - Regular transactions can lead to increased commission or fee charges from brokerage companies [11] - DCA requires a commitment to consistent investing [11] Practical Application - Many 401(k) plans utilize dollar-cost averaging through automatic paycheck contributions [2] - Setting up recurring investments allows for automated share purchases of stocks, ETFs, or mutual funds [3] - Fidelity offers resources to help investors set up recurring investments [12] Illustrative Example - Investing $100 per month into an S&P 500 Index fund with an average 7% return could result in $7,200 after five years [5] - Continuing this investment for ten years could potentially double the money to $17,300 [6]