Re:The rise and fall of Cathie Wood, controversial Wall Stre...
by refurb on Monday May 30, 2022 @02:06PM
(#31561795)
That’s not the same thing.
Tax loss harvesting is real, you just time when you take a loss to offset a gain. Then immediately reinvest. You haven’t lost any money in total, you can just claim the loss on your taxes (but will pay higher capital gains in the future).
Tax loss harvesting is real, you just time when you take a loss to offset a gain. Then immediately reinvest. You haven’t lost any money in total, you can just claim the loss on your taxes (but will pay higher capital gains in the future).