After the real estate bubble popped, I found it somewhat difficult to get clients to harvest tax losses. With some stock index funds down more than 50%, many said they already had a lifetime of capital losses at the IRS annual maximum of $3,000 annually.
Fast forward to the present. We now know that markets recovered with a vengeance. Those who did harvest tax losses gained a valuable asset to use as they rebalance going forward or take out funds to live on.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access