Living Poor to Die Rich
I recently joined a professional organization to discuss various topics in wealth management. On our first Zoom call there was a debate around the use of levered long/short strategies. For the uninitiated, a levered long/short strategy is a way of taking market risk (like buying an index fund) while generating tax losses to offset capital gains (now or in the future). The leverage is what's…
We haven't written up this one. Of Dollars and Data has the full story — the link below goes straight to it.