Why June is a slow month? People with enough money to move the...

Why June is a slow month? People with enough money to move the SP!
BREAKING DOWN 'Tax-Loss Harvesting'

Tax-loss harvesting is also known as "tax-loss selling." Usually, this strategy is implemented near the end of the calendar year but may happen at any time in a tax year. With tax-loss harvesting, an investment that has an unrealized loss is sold allowing a credit against any realized gains which occurred in the portfolio. The asset sold is then replaced with a similar asset to maintain the portfolio's asset allocation and expected risk and return levels.
For many investors, tax-loss harvesting is the most critical tool for reducing taxes. Although tax-loss harvesting cannot restore an investor to their previous position, it can lessen the severity of the loss. For example, a loss in the value of Security A could be sold to offset the increase in the price of Security B, thus eliminating the capital gains tax liability of Security B.