Sean Mullaney joins the show to discuss the money moves you should make during a financial crisis and how to take advantage of tax-loss harvesting.
Tax Loss Harvesting With Sean Mullaney
- Website: The FI Tax Guy
What You’ll Get Out Of Today’s Show
- The 5 money moves to make during a financial crisis
- What tax loss harvesting is and how to intentionally pursue tax-loss harvesting for maximum tax savings.
- What a wash sale is and how to avoid it.
- How to use capital losses as an opportunity to reset your asset allocation or move to a new brokerage that is charging less in fees.
- What to do if you’ve already experienced capital losses this year.
- Why having a Roth IRA can be a huge benefit during times of financial crisis.
Resources Mentioned In Today’s Conversation
Sean Mullaney is a financial planner and President of Mullaney Financial & Tax, Inc. The views expressed on this show are not tax, legal, financial, or investment advice for any particular person. Please consult your own advisor regarding your own particular situation.
Transcript
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