
Is Tax Loss Harvesting Worth It? 9 Things to Know
When the market it down -- like it is now -- it's a good time to be thinking about tax loss harvesting. What is tax loss harvesting? And is tax loss harvesting even worth it? Here are 9 things to know. Tax Loss Harvesting is a Great Technique to Save on Taxes Tax loss harvesting may sound like something you only need if you’re uber wealthy or a day-trader. But anyone with a non-retirement investment account can benefit. During down times of the market, or if you have any individual stock or fund that you’ve lost money on (regardless of the market) you can benefit from tax loss harvesting. It’s much simpler than it sounds. As I’ll detail further, it’s a great way to save on taxes. Tax Loss Harvesting…