Wednesday, July 8, 2015

Erin Arvedlund

Erin Arvedlund. Photo by Paul Colliton.

Erin Arvedlund is an Inquirer Staff Writer living in Philadelphia.

Give yourself the gift of losses. There are only six trading days left in 2013, so it's time to review your portfolio to see if there are any tax losses you can harvest. In other words, sell your portfolio's losers, use the losses to offset realized taxable gains, and lower your 2013 tax bill. Remember, you need to act by Dec. 31.
If you invest, you might have a run-in, a complaint, or a dispute with your broker. If you decide to fight them, here's a cautionary tale - and it's not pretty.
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