Tax Loss Harvesting

At its core, tax-loss harvesting is a tax management technique: when part of a taxable portfolio is down, you may be able to sell at a loss, reinvest promptly, and potentially use that loss to reduce taxes. Done well, it can improve after-tax outcomes over time. Done poorly, it becomes an expensive and unintended drift into market timing. Links:Tax Loss HarvestingAbout Timberchase Financial Wealth BriefOne smart money idea in five-ish minutes. A calm, intentional take on financial planning for families managing meaningful wealth.