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George Mason UniversitySchool of Business

The Real Impact of Tax-Loss Harvesting—and What Investors Should Do About It

November 3—The Wall Street Journal

Toward the end of each year, investors clamor to reduce their tax bills by selling “loser” stocks, or those that have experienced negative capital gains, a practice referred to as tax-loss harvesting. Assistant Professor of Finance Derek Horstmeyer discusses how the impact can be pretty significant, especially in years when stocks have done well.