The Fri Blog Roundup is here again. Throughout the week, I’ll be posting links to fascinating personal finance articles that I’ve come across, as well as pieces on specific financial topics. My pleasure!
Tax Loss & Gain Harvesting is this week’s featured topic.
Tax loss harvesting is one of many reason to invest in a taxable account. While there are several robo-advisors that could do this for your mechanically, those who invest according to their own might or may not be aware of these money-saving techniques.
The Oblivious Investor’s Mike Piper wrote an essay on tax loss harvesting that was my first introduction to the subject. What is tax loss harvesting and how does it work? These are some of the topics he covers. The Wash Sale Rule is also discussed, and he provides some examples to illustrate his point. Later, he wrote an article on tax gain harvesting, which is a less-known method. These posts are worth bookmarking, so don’t miss out.
Roundup of Personal Finance Websites
What are your thoughts on buyer’s regret, if any? Certainly, I have done so. Certainly not the most pleasant sensation. Fortunately, Reid at Wealth Rehab has come up with four techniques to prevent buyer’s remorse.
Kate from Making it Her savings rate was pleasantly surprising to Rain when she computed it. But she’s not content with that; she’s going for the extra 1% and putting even more money away.
I particularly enjoy reading the more recent personal finance blogs. Being a novice blogger myself, this isn’t shocking to me. I’m constantly torn between how much information I want to divulge and how much I want to keep private. The Millennial Boss is a financial planning blogger who chronicles her growth as a person and as a person’s perspective on money changes.
Most homeowners have heard the advice, “Don’t pay off their mortgage very quickly or else you’ll miss out on another interest deduction,” at some point. Keep Thrifty’s Chris isn’t having it, and he’s on to them. Learn how he fact-checks the deduction for interest paid on a house mortgage.
There is a lot of work involved in paying off debt. Straightforward and uncomplicated. As far as the Financial Panther is concerned, it’s impossible to get out of debt.
There are ways of paying off your debt, so don’t worry about it. Power Over Life’s Jacob Merkley has a debt-reduction strategy that’s right up your alley!