No one invests with the intention of taking losses. On the contrary, the entire purpose of investing is to grow your money, either through capital gains or income. Even though you may have to pay taxes on those gains, they are always preferable to taking losses. Read Next: 5 Ways You Can Reduce Your Tax Bill Like a Millionaire, According to Robert Kiyosaki Learn More: 10 Genius Things Warren Buffett Says To Do With Your Money Of course, there’s also no such thing as a perfect investor. Even professional m ...

Most seniors don’t realize there’s a clever financial maneuver that can shrink their tax bill in a big way. In fact, if you’re over a certain age, filing jointly with your partner, and meet the right conditions, you could earn as much as $141,900 tax-free in 2025. The strategy is called tax gain harvesting, and it could reshape your retirement plan. Must Read Tax gain harvesting Much like tax-loss harvesting, tax gain harvesting involves selling your assets strategically to lock in gains at lower tax r ...

Most people know they should be investing, but far fewer realize that taxes can quietly eat into their long-term returns. Even if your portfolio is growing on paper, a poor tax strategy could mean you’re actually losing money every year. Learn More: Here’s Why Bitcoin Can Act Like ‘Digital Gold’ in Your Portfolio, Says Investing Expert Find Out: 3 Advanced Investing Moves Experts Use to Minimize Taxes and Help Boost Returns From tax-loss harvesting to asset location and tax-smart withdrawals, there are si ...

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. ...

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]