Do you want to save money on tax day?
I have another bone for you Apes and any other new investor. If you want to really stick it to the banks and the "hedgies" and to save money this tax season, then brush up on your knowledge of tax-loss harvesting.
Every major investment bank and hedge fund utilizes tax-loss harvesting every tax season. They do this, so they do not have to pay as much taxes when the year is over.
How Does Tax-Loss Harvesting Work?
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Difficult