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Weekly Market Thought of the Week – Harvesting Season for Tax Savings

By SHP Financial | November 19 , 2018

Most investors are unhappy when their investments decrease in value, and I’m no exception. However, there is a silver lining. By harvesting investment losses, you can offset taxes on gains and income. Let’s begin with some basic terms: A capital gain is a profit on an investment. There are two categories of capital gains: realized and unrealized. A capital gain is unrealized until you sell it, at which point it becomes realized. The same goes for a capital loss.

 

Posted in stock market

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