When you sell an investment, timing can affect more than your portfolio—it may also influence your tax bill. In this edition of The Financial Advantage, Douglas Marion explains the difference between short-term and long-term capital gains and how holding periods fit into tax-aware investment planning. He also explores the role of capital losses and why different types of investment accounts require different tax considerations.
Should you sell now or continue holding? Douglas outlines questions to consider before making that decision, including your financial goals, risk tolerance, and cash flow needs. With an emphasis on regular portfolio reviews and conversations with qualified financial and tax professionals, this article encourages readers to consider the whole financial picture when evaluating a sale.
Investment Advisory Services offered through EverStar Asset Management, LLC., a SEC Registered Investment Adviser. EverStar Asset Management, LLC and Advanced Wealth Strategies, Inc. are independent entities. SEC registration does not constitute an endorsement of the firm by the Commission, nor does it indicate that the advisor has attained a particular level or skill or ability
