Guides ยท Finance
Tax Loss Harvesting Basics
Use losses to offset gains
Tax loss harvesting sells positions at a loss to offset gains and up to limited ordinary income, then reinvests in similar (not substantially identical) assets to maintain exposure.
- wash sale
- capital gains
- basis
- replacement security
- offset
Identify Candidates
Find taxable positions with losses and recent gains to offset.
Avoid Wash Sales
Don't buy substantially identical securities 30 days before/after.
Reinvest
Use similar but not identical replacements to keep allocation.
Keep Exploring
Guides
Budgeting for Beginners
A starter budget works by giving income a clear job before spending decisions get made on autopilot.
Comparison
Index Fund vs ETF
Both can track diversified baskets of assets, but ETFs trade throughout the day while index funds usually transact once after the market closes.
Examples
Budget Envelope Method
The envelope method allocates spending into separate category envelopes.
How it works
Mortgage Amortization
Understand why early mortgage payments are interest-heavy and how the principal share grows over time.