Year end planning
Investors at some level will have COST
Two businesses in the investment world
retail
advisory business- RIA
Do your research and then make your decisions
Year end checklist:
tax loss harvesting
look at what has been appreciated in stock
don’t write a check!
Gift stock as deduction (don’t pay any tax on that gain)
you can give appreciated assed instead of giving cash.
cash is done in cost basis.
you have a gain that you would pay tax on
November 21, 2019