“While it should never be the driver of investment decisions one needs to always keep an eye on tax implications as they can have a significant impact on the final total returns”, notes the author of today’s article. So with the end of the year fast approaching, how can investors take advantage of the benefits of tax loss selling while also working around the restrictions of the “wash sale rule” that prohibits the purchase of a “substantially identical” stock within 30 days of a sale? For some strategies, CLICK HERE.
“Similar But Not The Same”: How To Maintain Upside Exposure While Taking Advantage Of Year-End Tax Loss Selling
Tags:30 Days of a SaleBenefits of Tax Loss SellingInvestingInvestment DecisionsInvestorstock marketstocksTax ImplicationsTaxesTotal ReturnsWash Sale Rule