Happy December! We have holiday snowfall in Rochester. I hope all is well in your world.

Thank you for reading The Best Interest​

And listening to my podcast, Personal Finance for Long-Term Investors​

From the blog...

Let’s do it. Let’s provide the nuts-and-bolts numbers behind tax-gain harvesting.

Why Tax-Gain Harvest In the First Place?

Tax-gain harvesting is the intentional act of selling an investment with a capital gain while you’re (usually) sitting in the 0% long-term capital gains bracket. Then, you immediately buy that asset back. [It’s different than loss harvesting!]

Why harvest gains?

Because done correctly in that 0% bracket, you realize the capital gain without paying any federal tax on it. That resets your cost basis to a higher level. This leads to two great long-term benefits:

• Future gains will be smaller (so future taxes shrink)
• Future rebalancing will be easier.

It’s a perfectly clean and legal “arrow” in your financial planning quiver.

Let's dive into more detail - read more below!

​The Numbers Behind Tax-Gain Harvesting 🌾​

On the podcast...

Personal finance has dozens of subtopics. Investing. Taxes. Happiness. Health. On and on and on.

Episode 123 is all about time, and Andy Hill joins me to share his journey of leaving the rat race and truly owning his time. A mix of financial discipline, intentional goal-setting, and family-centered values helped Andy's family pay off their mortgage by age 35 and achieve financial independence on their own terms.

Give it a listen 👇

​Feeling Time Poor? The Journey to Owning Your Time​

Marketing Algorithms Are Com... Nov 5 · Personal Finance for Lon... 34:17   ​

PS - Spotify created some "year-end" stats for the podcast. About 20% of my listeners are on Spotify.

Through the end of November, listeners tuned in for a combined 8160 hours, or 340 days, of Personal Finance for Long-Term Investors.

Assuming this extrapolates out to the general listenership, that's ~40000+ hours, or ~5 years of total listening time.

Or put another way...at any given moment this year, an average of 5 people on earth were listening to my voice. TRIPPY.

I'll do my best to make sure that your time spent listening is always worthwhile! Thank you much!

Weekly Top 3 - Other Content You Can't Miss

• 💊 From Science Daily: Medicare Open Enrollment is fraught with "the paradox of choice"​
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• 💯 From Morningstar: should your financial plan be "perfect" or merely "good enough"​
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• 🎲 From Larry Swedroe: if/when active investing makes sense

P.S. - if you find something great that you think deserves to be shared with our community, let us know!

What Are *Your* Questions?

I've been creating "ask me anything" episodes on the podcast, where I answer your questions about investing, financial planning, and retirement. They are quickly becoming my most popular episodes.
​
Want to check them out? They're all here:

🔗 All of My AMA Episodes​

I'm collecting questions for AMAs 12 and 13.
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Reply to this email or send questions to Jesse [at] BestInterest [dot] blog

Work with Jesse!

I work for a fiduciary wealth management firm in Rochester, NY, helping busy professionals and retirees avoid costly mistakes and grow lasting wealth to and through retirement.

Learn more here --> Work with Jesse​

Until Next Week

Thank you, as always, for reading, listening, and getting in touch. The project continues because you are a fantastic audience. People like you send me questions every single day.

Send an email or ask me question: ​​jesse [at] bestinterest [dot] blog​

Until next week,

Jesse