From Dow Jones & Company:



In December, American investors are reminded to review their portfolios and sell off stocks or funds that they regret purchasing in order to take advantage of tax savings and improve long-term returns. This practice, known as tax-loss harvesting, is a seasonal exercise that many investors engage in during the holiday season. However, the article suggests that by only doing this once a year, investors may be missing out on potential gains. The article argues that “lots of money is left on the table” by making tax-loss harvesting a seasonal activity. The implication is that investors should consider reviewing and adjusting their portfolios more frequently in order to maximize their financial gains. This article was published by Dow Jones & Company, Inc. and was copyrighted in 2023.



Original: A Yearlong Way to Boost Stock-Market Returns