An investor can use tax-loss harvesting to maintain asset allocation by selling an underperforming asset to realize a loss, then using the proceeds to purchase a similar investment, provided the transaction complies with 'wash sale' rules.

Authors

• Person: Not available Organization: Morgan Stanley
  Tax-Loss Harvesting Can Work Year-Round for Investors—Here's How

Sources

• Tax-Loss Harvesting Can Work Year-Round for Investors—Here's How www.morganstanley.com Morgan Stanley via serper

Referenced by nodes (1)

• tax-loss harvesting concept