Listen to a Business English Dialogue About Tax selling
Willow: Hi Paul, have you ever heard of “tax selling” in the investment world?
Paul: Hey Willow, yes, it’s when investors sell their losing investments before the end of the year to offset capital gains and reduce their tax liability.
Willow: Ah, I get it. So, it’s a strategy to minimize taxes by selling underperforming assets?
Paul: Exactly, Willow. It’s a common practice among investors to manage their tax obligations and optimize their overall investment portfolio.