You’re not taking losses, you’re just performing prudent tax planning and reducing your upcoming tax liability. By the way, for all the crypto bros out there, this works even better with crypto. You can sell (realize your losses) and buy right back in for more punishment. With stocks, you have to wait 30 days or so to buy back in, otherwise you don’t get the tax advantage due to the “wash sale” rule. 🫡 • • • • #stocks #stockmarket #crypto #investing #invest
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