An interesting article for some of the more beginner investors on this forum (including myself) about tax loss harvesting. The benefits of tax loss harvesting may not be worth the hassle if your investment isn't large enough or the unrealized loss isn't big enough, although the exercise of doing so can't hurt.
What had me thinking was this statement:
From a cash flow standpoint, TLH'ing is excellent for reducing your bill come tax time. But from an investment standpoint, one must actually re-invest the savings from your tax bill to truly capture the value of TLH'ing (which I'm assuming most people don't actually do, they just pay less tax in April). Is this correct??Thus, the true value of harvesting the capital loss is the opportunity to invest the near-term tax savings for growth