Tips on tax loss harvesting, junk fee rules, and failed merger discussed in podcast.

From Nasdaq: 2024-12-25 21:41:00

In a podcast, Motley Fool analysts discussed the Federal Trade Commission’s ruling on junk fees, the failed merger between Kroger and Albertsons, and how younger investors can prepare for a bear market. They also offered tips on tax loss harvesting for investors looking to cut losses before the end of the year. The FTC announced a new rule on junk fees affecting live events, hotels, and vacation rentals. Kroger and Albertsons’ $25 billion merger was blocked by a federal judge in Oregon. Kroger plans to repurchase $7.5 billion worth of shares after the failed merger. Investors are advised to sell underwater investments to lower their tax bill and avoid violating the wash sale rule by waiting 30 days before rebuying. Another tip is to specify which shares to sell to maximize tax benefits. It’s important to review cost basis information for accuracy and choose a suitable disposition method for tax loss harvesting. Don’t buy or sell stocks based solely on information provided in the podcast. Personal finance content follows Motley Fool editorial standards and not approved by advertisers. The Motley Fool recommends certain products and positions in various companies like Airbnb, Amazon, Apple, Starbucks, Tesla, and Walmart. Individual analysts have positions in specific companies like Apple, Starbucks, Kroger, and Tesla. The views expressed are not necessarily reflective of Nasdaq, Inc.



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