Investment statements are not just paperwork. They tell a story.
If you realized capital gains last year, part of those gains are taxable. But if you realized losses, those can be used to offset gains now or in future years.
Many investors miss this entirely because they focus only on the number at the bottom of the return. Strategic tax planning looks at timing.
It looks at carry-forwards.
It looks at coordination across accounts.
Taxes on investments are manageable when they’re planned.
They become stressful when they’re reactive.
