Tax-Loss Harvesting

Definition

Selling investments at a loss to offset capital gains and reduce taxes, then reinvesting in similar assets.

FAQs

How does tax-loss harvesting work?

Sell losing investments to realize losses, which offset gains and reduce taxes.

Similar Terms

Index Fund

Investment fund tracking a market index like S&P 500, providing broad diversification with low fees for long-term investing.

Expense Ratio

Annual fee charged by investment funds as a percentage of assets, directly reducing returns. Lower is better.

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