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Your Stock Portfolio Just Got Hammered: Here's a Tax-Smart Way to Recover

Your Stock Portfolio Just Got Hammered: Here's a Tax-Smart Way to Recover

AI BRIEFING

  • Investors can consider selling losing positions to realize losses and offset gains from other investments.
  • Tax-loss harvesting allows for deferring or eliminating capital gains taxes through investments in tax-efficient strategies.
  • This tax strategy can help mitigate losses from a portfolio that took a hit this spring.
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