Turn Your Losses Into a Win: Tax Loss Harvesting 101
Turn Investment Losses Into Tax Savings With This Simple Strategy
Over the last couple of weeks, I’ve shown you:
But let’s go back further than that—to the beginning of the year.
What if you panicked when the market started falling… sold your stocks… and locked in losses before I ever wrote those articles?
You might still have a win hiding in your losses—if you know how to use it.
It’s called tax loss harvesting, and it’s one of the smartest moves an investor can make when the market turns against them.
Here’s the Point
When you sell an investment at a loss, you can use that loss to offset gains and lower your tax bill.
Even if you made $0 in profit, those losses aren’t wasted. You can carry them forward to future years and use them later.
Instead of seeing stocks turn red and moving on, wise investors use losses as a tool to build wealth faster.
It’s one of the ways pros stay ahead, even when taking a loss.
Action Step
✅ Review your brokerage statements dating back to January 1st.
✅ If you sold any stocks or ETFs at a loss, talk to your tax advisor about how to use those losses when you file—or carry them forward for future gains.
A Word of Encouragement
If you panic-sold at any of your investments and took a loss, don’t stress about it. You can still come out on top.
What’s Next
Tomorrow, I’ll explain this strategy in more detail for PRO readers.
PRO readers will get:
✅ The 5-step process for harvesting losses
✅ How to avoid the IRS’s Wash Sale rule (while remaining invested)
✅ List of “swaps” I use to harvest losses from large-cap investments
(Want access? Upgrade to PRO here.)
See you tomorrow,
-Isaiah from Earn Out Loud