Tag: losses

• Chapter 40: Tax Loss Harvesting

  

  During tax season, it’s nice to harvest capital losses to reduce taxable income. You can still claim losses with a standard deduction and benefit from lowering your tax burden. Timing and strategy are key for maximizing this opportunity.

  Pablo

  February 25, 2024

  Taxes

  asset, Capital, debt, ETF, finance, harvesting, invest, Investing, investments, IRS, liability, Loss, losses, money, season, tax, tax loss harvesting, tax-planning, Taxes, Wash Sale, wealth

• Chapter 13: Sunk Cost Fallacy

  

  Have you ever heard of the Sunk Cost Fallacy? This psychological phenomenon is when you invest so much time or money, that you just refuse to abandon it or pull out. Even when you know that it’s better to abandon it. This applies to everything in your life, not just your investments. For example you…

  Pablo

  August 6, 2023

  Investing, Personal Finance

  asset, cutting, finance, liability, losses, money, selling, stocks, wealth