We’ve been doing a few touch-feely emotive articles lately, so as a change of pace today’s article is going to be about something completely different: Harvesting Capital Gains! Why Would You Do This When you own something like stocks, bonds, or real estate that have gone up in value, that’s a capital gain. Unlike interest or dividends which are taxed when you receive it, capital gains don’t become taxable until you realize that gain by selling it. That makes capital gains special because you can control when you pay taxes on it. If you own an ETF like VTI that […]
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