• #36 Tax Loss Harvesting: What It Is, How It Works, and Benefits for Investors

  • Sep 3 2024
  • Length: 16 mins
  • Podcast

#36 Tax Loss Harvesting: What It Is, How It Works, and Benefits for Investors

Listen for free

View show details

  • Summary

  • Send us a text

    What if you could save a significant amount on your taxes simply by managing your investments more strategically? On this week's episode of the Fiscal Physical Podcast, we welcome Ryan Nelson, founder of Alchemy Wealth Management, to enlighten us about tax loss harvesting—a powerful tool that can help reduce your tax liabilities. Ryan unpacks the strategy of selling underperforming stocks to offset gains from profitable ones, ultimately leading to a net zero gain and no tax liability. He also shares actionable tips on how excess losses can be rolled over to offset ordinary income, making this episode a must-listen for anyone looking to optimize their financial portfolio.

    But it's not all about finances; there's a heartwarming and humorous twist to the episode as Ryan reveals the charming story of how he met his fiancée, Katie, at a charity dodgeball tournament. Enjoy the laughter and competitive spirit as we recount their first encounter and draw parallels to my own story of meeting my wife in a bowling league. We conclude with a heartfelt thank you to all our listeners, a reminder to stay committed to your financial journey, and an invitation to subscribe, leave a rating, and share your thoughts and questions for future episodes.

    Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk

    If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com

    And, as always, STAY THE COURSE!
    Show more Show less
Economics Personal Finance Personal Success
Show more Show less

What listeners say about #36 Tax Loss Harvesting: What It Is, How It Works, and Benefits for Investors

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available