Big Stock Losses Weighing You Down? Seek Love and Gains
Couples who plan together may not stay together. But at least for a while, they can save together.
Photographer: Cavan Images/Cavan Images RFThis article is for subscribers only.
This reminder to assess your portfolio’s tax-loss harvesting opportunities before the year-end deadline is brought to you by a marriage proposal.
“Looking to marry someone with $1m+ of short-term capital gains,” goes the betrothal, in the form of an anonymous post on Reddit that made the rounds this month. “I (unfortunately) lost a bunch of money this year with some risky gambles and have ~$1.2m of context of capital losses. I would like to marry someone with very large ($1m+) short-term capital gains and split the difference on the tax savings.”