Wed, 18 September 2019
Last year was the first year the market had been negative after quite some time. It’s time to get back in the habit of harvesting losses and managing your taxable accounts.
Managing your taxes is extremely important once you go beyond your 401k. Every year you need to be in the habit of actively harvesting losses if you have them. As long as you don’t buy back what you sold within 30 days, you can take that loss on your tax return. You also need to be aware of issues of inherited gains in mutual funds and ETF’s in your taxable account. Other topics include:
Managing your money can be complicated. Join Rob and I for one of our two Wealth Building & Retirement Planning Seminars, this Saturday, September 21st. Click HERE to sign up!
Email your money question to firstname.lastname@example.org , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)
Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.