While there can be value, the ultimate benefit is more nuanced than one would think.On today’s episode, we’ll hopefully show why that is and ultimately discuss whether or not it’s everything it’s cracked up to be, especially as it pertains to the investment accounts of ER doctors.
Topics Discussed:
- The markets we’ve been through lately and the outcome of many investments over the last few years.
- The reality of negative vs. positive markets.
- What tax-loss harvesting is.
- The tax rates for different investments.
- The math involved in tax-loss harvesting.
- Common mistakes we see (especially from people who manage their own investments).
- The upsides and downsides of tax-loss harvesting.
Resources Mentioned:
Tags
tax loss harvesting, investment tax, tax rates, investment losses, capital gains tax, ER docs, emergency doctor, financial planning,
