Taxes can significantly impact your financial performance. Delaying taxes or strategically offsetting them with capital losses can greatly enhance your investment returns.
Adding Bonds to a portfolio is supposed to reduce volatility, offer diversification and hedge against a bear market. It used to be true but not anymore. Recently bonds switched from negatively to positively correlated with stocks. What does that mean for your portfolio?
Although we strongly recommend a simple buy and hold strategy of several diversified ETFs in a portfolio, we all made the mistake of individually picking a few stocks. Some have been more successful than others. Likely, you might still hold a couple of loss-making stocks. Understanding when you should sell them is critical to maximize their net value, and reduce your taxes, although they are not worth much.
Build a consolidated view of all your assets (multi-currency and multi-location) in a single FIRE wealth management tool for FREE, and estimate your monthly Safe Withdrawal amounts based on CAPE ratio.
Interactive Brokers is the best online broker, offering the cheapest transaction fees and access to a large spectrum of assets, accessible from
Invest regularly into Stock ETF, then add Bond ETF to your portfolio when you are 5-10 years away from your retirement. Thank