What is Tax-Loss Harvesting and Why Should I Care?
If you're an investor you may have heard of "tax-loss harvesting". For me, this phrase conjures up an image of a farmer digging up old tax returns in a corn field, but I think you're smart enough to know that's probably not what this sort of harvesting entails. (A family harvesting tomatoes and not capital losses.) What is tax-loss harvesting? We don't usually make investments with the hopes that they'll decline in value and we'll lose money, but as we know, it happens. If yo