How to Help Your Clients Live a Rich Life
About this episode
Ben Carlson and Nick Maggiulli discuss tax-aware long/short strategies and their implications for investors.
On this episode of Talking Wealth, Ben Carlson is joined by Nick Maggiulli of Of Dollars and Data to discuss the growing popularity of tax-aware long/short strategies and when they actually make sense for investors. They break down tax-loss harvesting, the costs and risks that come with leverage and shorting, and why tax deferral shouldn’t be confused with tax avoidance. Plus, why investors hate paying taxes more than they like making money, when minimizing taxes can actually hurt your financial plan, the tradeoff between maximizing wealth and actually using it, and why the best strategy is often situational rather than one-size-fits-all. This episode is sponsored by WisdomTree. To schedule an introductory call, visit: http://wisdomtree.com/PortfolioConsultations For more from Talking Wealth sign up at: https://talkingwealthpod.com/ Follow Us On Social Media: Instagram: instagram.com/thecompoundnews Twitter: twitter.com/thecompoundnews LinkedIn…
People in this episode
Host: Ben Carlson
Guest: Nick Maggiulli
Topics covered
- tax-aware strategies
- tax-loss harvesting
- investing
- financial planning
- wealth management
Keywords
- tax strategies
- long/short investing
- tax deferral
- financial plan
- wealth maximization
Sponsors
WisdomTree
Mentioned in this episode
Organizations: Of Dollars and Data, Ritholtz Wealth Management
More episodes of Talking Wealth
- You Don't Own Your Growth
- Where Options Fit in the Modern Advisor’s Toolkit
- 27 Million Clients Walk Into an RIA
- Your Client Is Rich in Real Estate. Now What?
- How Much AUM do you need to start an RIA?
- Is the 60/40 Portfolio Too Conservative? | Ben with Benefits
Explore listener stats, chart rankings, contacts and more on the Talking Wealth podcast page.