What to Do about This Year’s Annual Capital Gains Caused by 2022’s Market Volatility

Watch a Free Personal Finance Webinar with Ric and BlackRock

Hey, I want to talk to you for a minute. If you're a financial advisor or if you're an investor, you know what's worse than losing money in an investment. Losing money and paying taxes. Yeah, it's kind of crazy. The stock market is down 25% this year. The bond market is down 15%.

In December, mutual funds and ETFs are going to issue their annual capital gains distributions. You're a financial advisor. You know that investors are going to get IRS 1099s for their taxable accounts. You're going to have to pay taxes on those investments, even though those investments lost money this year. But you can take action for your clients. You can help your clients minimize their tax bite in the next couple of months.

So I'm really encouraging you if you're a financial advisor especially, and along with also investors, to watch a new special webinar that I'm about to produce with Michael Lane of BlackRock. The webinar is going to be on Thursday, October 20th at 1 pm Eastern. We're going to show you how you can deal with this nasty tax surprise coming in a truly nasty year. Register for free for the special webinar on lowering your investment taxes. Thursday, October 20th at 1 p.m. Eastern. You can register at TheTruthAYF.com.