Consider selling losing positions for tax write-offs next year, and then putting the proceeds into index ETFs or leveraged index ETFs. The move provides two benefits:
- You lower your taxable income next year
- You still ride a recovery in the market
I’ll be providing details of this approach to Kelly Letter subscribers early next week, including which ETFs look like the best bet for the oft predicted yet still unseen recovery.
Enjoy the weekend. There’s more to life than stocks.
