Getting Taxed on Mutual Funds Without Selling? Here’s Why! Best Advice Podcast Guys

Welcome back to the Best Advice Podcast with your hosts Rob Lovaglio, Austen Fatz Jacks, Frank Lovaglio, and Dave Allen. In this episode, we kick off with an inspiring segment called "Give Me Something Good," featuring stories of perseverance and silent success from the world of acting and sports.

Our main discussion addresses a listener's concern about mutual funds and capital gains distributions. The team dives deep into the mechanics of mutual funds, explaining how capital gains are distributed to shareholders even during a down market. We also explore strategies to mitigate the impact of these taxable events, including tax harvesting and alternative investment options like ETFs and institutional money managers.

Tune in to learn valuable insights on financial planning and how to navigate the complexities of capital gains to optimize your investment strategy.